Brenda Posted September 27, 2022 Share Posted September 27, 2022 Non-Custodial Wallet (Example is Guapcoin) Think of this class of Crypto Wallet like a bank account with a bank account number (your wallet's public address) and your PIN number (your wallet's private Key) A Guapcoin wallet ( mobile or desktop) is free! You are in total control of your money! You don't need a third-party to conduct transactions involving your money! All transactions are initiated by you on the Guapcoin blockchain. You can conduct transactions 24/7. The blockchain is the Tool to complete your transactions in a Trustless secure environment (i.e, no humans or organizations are involved) Custodial Wallet (Example is Coinbase) Coinbase has possession of your Wallet's Private Key and is responsible for it's safe-keeping. You must provide Coinbase with your personal information (KYC) to get a wallet with them! Link to comment Share on other sites More sharing options...
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