“Not your keys, not your coins.” This widely known phrase in the crypto world highlights a key truth: whoever holds your private keys ultimately controls your assets.
In a custodial wallet, a third-party — such as an exchange or custody provider — holds your private keys. You can access your funds, but you're dependent on the service provider. While convenient, this model comes with risks, including hacks, service downtime, or even insolvency.
With a non-custodial wallet, you hold the private keys. Only you can access and manage your crypto. This model demands responsibility but offers full control and sovereignty over your assets.
floin offers the best of both worlds: We combine professional, regulated custody with segregated wallet infrastructure — ensuring each customer’s funds are securely stored and transparently managed, with clear on-chain ownership.
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