What is the difference between custodial and self custody wallet?
I want to understand the difference between custodial and self custody wallets. I'm looking for a clear explanation of the main differences between these two types of wallets.
Is Coinomi a self custody wallet?
I'm wondering if Coinomi is considered a self-custody wallet. I've heard about different types of wallets and I'm trying to understand if Coinomi falls under the self-custody category.
How do I create a Bitcoin self custody wallet?
As a cryptocurrency enthusiast, I'm keen on understanding the steps involved in setting up a Bitcoin self-custody wallet. Could you please elaborate on the process? I'm specifically interested in knowing about the various options available, the security measures I should consider, and the steps I need to follow to ensure a smooth and secure setup. I'm also curious about the advantages and disadvantages of self-custody wallets, as well as any tips or best practices you might have for managing my Bitcoin securely. I'd appreciate a detailed answer that covers all these aspects to help me make an informed decision.