Cryptocurrency Q&A
Is Blockchain a custodial wallet?
Is Blockchain a custodial wallet?
Filippo
Sat Nov 02 2024
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7 answers
1515
I'm trying to understand if Blockchain qualifies as a custodial wallet. I know Blockchain is a decentralized ledger technology, but I'm not sure if it falls under the custodial wallet category.
7 answers
Lucia
Mon Nov 04 2024
Your Blockchain.com Account and Rewards Accounts operate under a custodial model.
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EchoWhisper
Mon Nov 04 2024
With the DeFi Wallet, you have full ownership of your private keys and funds.
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Giulia
Mon Nov 04 2024
In this model, Blockchain.com securely stores the private keys for you.
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Giulia
Mon Nov 04 2024
This ensures that your funds are protected and accessible through the platform.
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KiteFlyer
Mon Nov 04 2024
On the other hand, the DeFi Wallet operates on a non-custodial basis.
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