Glossary
Non-Custodial Wallet Meaning: What Does Non-Custodial Wallet Mean in Crypto?
Definition
Wallet where only the user controls the private keys
Emphasizing "not your keys, not your coins," options like MetaMask empower self-sovereignty but place full responsibility on users for backups and security. Benefits vs Risks: Benefits: Full control, no counterparty risk. Risks: User error, phishing, lost seeds. Adoption: 80% of retail users prefer non-custodial (2025). Popular Options: MetaMask, Phantom, Rabby, Frame.