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  1. Home
  2. /Glossary
  3. /Self-Custody
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cryptocurrency

Self-Custody

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

Definition

Holding your own private keys rather than trusting an exchange or service to hold them. Self-custody gives you full control but also full responsibility. FTX's collapse converted many to the self-custody religion.

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GuideCrypto Wallets Guide

Related Terms

Custody

Who holds and controls your crypto assets.

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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