Questions tagged [self-custody]

SapphireRider Thu Sep 05 2024 | 7 answers 1199

Could you please clarify if BitPay offers self-custody services for cryptocurrency? I'm interested in understanding if users have full control over their digital assets when using BitPay's platform. Additionally, could you elaborate on any security measures BitPay has in place to protect users' funds and ensure their safety in the case of self-custody or otherwise?

Raffaele Mon Sep 02 2024 | 7 answers 1684

Excuse me, could you please clarify whether Crypto.com is a self-custody wallet? I'm trying to understand the security features of the platform and how users maintain control over their funds. Does Crypto.com allow users to have direct access to their private keys, or does it manage them on behalf of the users? I'd appreciate your insight on this matter as I'm evaluating different options for storing my cryptocurrencies.

WhisperInfinity Sat Aug 31 2024 | 6 answers 1299

Could you please elaborate on the steps involved in self-custodying Bitcoin? I'm particularly interested in understanding the process from start to finish, including any potential risks and benefits associated with this approach. Additionally, what are some of the most popular wallets or platforms that allow individuals to securely store and manage their own Bitcoin? And finally, how does self-custody compare to other options like using a cryptocurrency exchange or a third-party wallet service?

Valentina Sat Aug 31 2024 | 5 answers 1123

I'm interested in purchasing self-custody bitcoins, but I'm not sure where to start. Can you walk me through the process? What steps do I need to take to ensure that I have full control over my bitcoins and keep them secure? Are there any specific platforms or wallets that you recommend for storing my self-custody bitcoins? Additionally, what are some potential risks or challenges that I should be aware of when buying and storing self-custody bitcoins?

Eleonora Thu Aug 08 2024 | 5 answers 968

Are you considering a self-custody crypto wallet for your digital assets? It's a crucial decision that requires careful consideration. Do you understand the benefits and risks associated with this type of wallet? Are you confident in your ability to manage your own private keys securely? And are you aware of the potential for scams and phishing attacks that target self-custody wallets? In this article, we'll explore the pros and cons of self-custody wallets and help you decide if they're the right choice for you. So, let's dive in and find out if a self-custody crypto wallet is right for you.