Crypto Custody: Wallets 101 – What You Need To Know

Did you know that the money in your bank account doesn’t actually belong to you even though your bank account has your name on it? That money technically belongs to the bank and they are allowed to do whatever they want with it behind the scenes. By contrast, when you hold a cryptocurrency in your wallet those coins or tokens are yours and nobody can do anything with them behind the scenes without the permission of your private key. Now the ability to self-custody is one of the primary reasons why cryptocurrencies have value and that is what this video is going to explain. That is what crypto custody is telling you about the different kinds of crypto custody that are currently available and what kind of crypto custody is the best for you.

– TIMESTAMPS –

0:00 Intro
1:49 What is crypto custody?
3:45 Self Custody
7:21 Joint Custody
10:41 Third Party Custody
14:08 Individual Custody Options
16:43 Institutional Custody Options
19:00 Outro

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