Cryptocurrency Q&A
How do I buy crypto from a non-custodial wallet?
How do I buy crypto from a non-custodial wallet?
emma_anderson_scientist
Wed Jul 10 2024
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5
answers
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I don't understand this question. Could you please assist me in answering it?
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5 answers
KimchiQueen
Fri Jul 12 2024
When considering non-custodial wallets, it's important to note that not all wallets offer the option to purchase cryptocurrency directly with fiat currency.
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ZenHarmony
Thu Jul 11 2024
To obtain a cold wallet, users can purchase one online. Various options are available, including hardware wallets that are specifically designed for storing crypto securely offline.
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HanRiverVisionaryWave
Thu Jul 11 2024
As a result, users may need to transfer crypto from another source into their non-custodial wallet. This process typically involves sending the desired amount of crypto from an exchange or another wallet.
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Bianca
Thu Jul 11 2024
On the other hand, custodial wallets often require users to fund them using a credit or debit card before purchasing crypto. This allows for a more streamlined process where users can purchase and hold crypto all within the same wallet platform.
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MysticGalaxy
Thu Jul 11 2024
However, for those looking for an offline storage solution, cold wallets provide a secure alternative. These wallets are not connected to the internet and are typically used for long-term storage of crypto assets.
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