ethan_carter_engineer
Tue Sep 17 2024
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7 answers
1315
What are the disadvantages of a custodial wallet?
Could you elaborate on the potential drawbacks of using a custodial wallet for storing cryptocurrencies? Are there security concerns or limitations on access and control that users should be aware of? Additionally, what impact might these disadvantages have on the overall experience and trustworthiness of using such wallets?
Alessandra
Mon Sep 16 2024
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5 answers
1459
Is cash App a custodial wallet?
Excuse me, could you please clarify if Cash App is a custodial wallet? I'm trying to understand the security and control aspects of storing my cryptocurrency assets. Does Cash App hold the private keys for my funds, or do I have full access and control over them? It's essential for me to make an informed decision about where to securely store my digital assets. Thank you for your time and assistance.
CryptoVisionaryGuard
Mon Sep 16 2024
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6 answers
1461
What is the primary risk of using a custodial wallet?
Could you please elaborate on the primary risk associated with utilizing a custodial wallet in the realm of cryptocurrency and finance? I'm particularly interested in understanding the potential drawbacks or hazards that an individual or investor may encounter by opting for this type of wallet over non-custodial alternatives.
Stefano
Sun Sep 08 2024
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7 answers
1469
Does Blackrock bitcoin ETF have a custodial wallet?
Could you please clarify if the Blackrock Bitcoin ETF offers a custodial wallet for storing and securing the underlying bitcoin assets? As an investor, I'm particularly interested in understanding the security measures in place to safeguard my investment and ensure seamless transactions. I'd appreciate any insights or details you can provide on the matter.
Bianca
Thu Sep 05 2024
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7 answers
1802
Is Binance a custodial wallet?
Could you please clarify whether Binance operates as a custodial wallet or not? I'm interested in understanding the security measures and ownership of my assets when using this platform. As a cryptocurrency user, it's essential for me to ensure that my funds are safely stored and accessible to me, without the need for third-party intervention. So, does Binance hold my private keys, or do I have full control over them?
