Are you wondering what the difference is between a custodial and a non-custodial wallet? With a custodial wallet, like the one Binance offers, the platform keeps the private key for you; you only see the balance and use it without worrying about technical security. With a non-custodial wallet, the key is in your hands; you're solely responsible for protecting it and moving your $BTC or $ETH .

Do you still have any questions about this?

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