Skip to main content

Custodial vs. Non-Custodial Wallets – Who Really Owns Your Crypto?

Modified on Thu, 27 Mar at 7:45 AM

“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.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article