Balancing Custodial and Non-Custodial Wallets

[tradelikepro]

Inheritance planning requires choosing between custodial and non-custodial wallets.

Custodial wallets simplify access but rely on third parties, while non-custodial wallets give full control but need careful key management. Combining the two ensures assets stay secure, transferable, and accessible to heirs without exposing private keys publicly.

[alex10]

A hybrid approach can balance convenience with full control over private keys.

[Nahid10]

Understanding the strengths of both wallet types helps users protect and manage assets better.