Is Coinbase a custodial or non-custodial wallet?
I'm trying to understand the nature of Coinbase wallet. Specifically, I want to know if it is considered a custodial wallet or a non-custodial wallet.
What does custodial mean in crypto?
I'm trying to understand the meaning of 'custodial' in the context of cryptocurrency. Could someone explain this term and how it applies to crypto?
Is Nash a custodial cryptocurrency exchange?
Could you please clarify whether Nash is considered a custodial cryptocurrency exchange? I'm trying to understand the level of control and responsibility users have over their funds when trading on this platform. Is Nash a non-custodial exchange where users maintain full ownership and control of their cryptocurrencies, or does the platform hold and manage user funds on their behalf? Understanding the custody arrangements is crucial for me to assess the security and trustworthiness of the platform.
Is edX a 'custodial' exchange?
Could you elaborate on whether edX is categorized as a 'custodial' exchange? It's crucial to understand the difference between custodial and non-custodial platforms in the cryptocurrency realm, as they offer varying levels of control and security to users. A custodial exchange typically holds users' private keys and thus manages access to their funds, while a non-custodial exchange empowers users with self-custody and control over their private keys. Clarifying this distinction would help users assess the risks and benefits associated with using edX for their crypto transactions.