Understanding Self-Custodial (Non-Custodial) Wallets: What You Need to Know
Take full control of your crypto and your security
Self-Custodial vs. Custodial Wallets - At a Glance
Understand the key differences and why RockWallet gives you full control of your crypto.
| Feature | Self-Custodial (RockWallet) | Custodial Wallet |
|---|---|---|
| Who controls the wallet? | You do. Only you hold your private keys and Recovery Phrase. | The exchange or third party controls your keys and funds. |
| Access to funds | You can access your assets anytime, directly on the blockchain. | Access depends on the exchange’s platform availability. |
| Recovery method | 12-word Recovery Phrase = your personal backup. | Forgot password or platform support reset. |
| Security | Maximum privacy and protection - no third-party access. | Relies on the platform’s security systems. |
| Responsibility | You’re fully responsible for safekeeping your Recovery Phrase. | The exchange is responsible for storing your assets securely. |
| RockWallet’s role | Provides the app interface - never holds your crypto or keys. | Manages and stores your crypto on your behalf. |
RockWallet is a self-custodial wallet, meaning your crypto stays in your control - always. You own your keys, you own your funds.