Is Coinbase custodial or non-custodial?
I'm trying to understand whether Coinbase is custodial or non-custodial. I need to know this information to make an informed decision about using their services.
What does custodial mean in crypto?
I'm trying to understand the meaning of 'custodial' in the context of cryptocurrency. Could someone explain this term and how it applies to crypto?
Is Nash a custodial cryptocurrency exchange?
Could you please clarify whether Nash is considered a custodial cryptocurrency exchange? I'm trying to understand the level of control and responsibility users have over their funds when trading on this platform. Is Nash a non-custodial exchange where users maintain full ownership and control of their cryptocurrencies, or does the platform hold and manage user funds on their behalf? Understanding the custody arrangements is crucial for me to assess the security and trustworthiness of the platform.
What is a custodial Crypto Wallet?
Could you please elaborate on the concept of a custodial crypto wallet? Specifically, how does it differ from a non-custodial wallet? In a custodial wallet, who holds the private keys and how does this affect the user's control over their funds? Are there any security considerations or risks associated with using a custodial wallet? What types of investors or users might find a custodial wallet more suitable for their needs? And finally, are there any notable examples of custodial crypto wallets in the market today?
How to set up a custodial Crypto Wallet?
I'm curious about how one can effectively set up a custodial crypto wallet. Could you provide a step-by-step guide on the process? Specifically, I'd like to know about the initial requirements, the types of wallets available, and any security measures that should be taken. Additionally, I'm interested in understanding the advantages and disadvantages of using a custodial wallet versus a non-custodial one. Could you elaborate on those points as well? Any insights or recommendations you have on selecting a reputable wallet service provider would also be greatly appreciated.