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  1. Home
  2. /Glossary
  3. /Custody
Back to Glossary
cryptocurrency

Custody

Who holds and controls your crypto assets.

Definition

Who holds and controls your crypto assets. 'Self-custody' means you control your own keys, while 'custodial' means an exchange or service holds them for you. After FTX collapsed, 'not your keys, not your coins' became even more popular.

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Related Terms

Self-Custody

Holding your own private keys rather than trusting an exchange or service to hold them.

Cold Wallet

A cryptocurrency wallet that's not connected to the internet.

Private Key

A secret code that gives you control over your cryptocurrency.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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