Cryptocurrency wallets are the tools that help traders readily access and store their digital assets.

Such a wallet will have a private key that ensures multi-layer security. Popularly, there are two types of wallets, such as custodial wallets and non-custodial wallets. Both will possess unique characteristics, and the trader can choose any of them based on their preference.

In this blog, we will discuss custodial wallets in brief. Let us dive in.

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