Security Tips

There are basically two types of wallets, i.e., the place where your cryptocurrency is stored: custodial or non-custodial. We show you how they differ.

Your cryptocurrency is managed online by the crypto exchange. This means your cryptos are always quickly available, and you don't have to deal with storage. However, due to online storage, they can become victims of theft, or—if the exchange goes bankrupt—your cryptocurrency may, depending on the legal situation, fall into the bankruptcy estate.

You are the true owner of your cryptocurrency. This gives you full control. You can choose between online options like apps or offline options like the Cryptonow Wallet®. The offline variant offers you the highest form of security. Since you have full control, you lose access to your cryptocurrency if you lose or forget your access data.