sonalikaverma
New member
The safety of a custodial vs non-custodial wallet largely depends on the user’s preferences and risk tolerance. In a custodial vs non custodial wallets, the custodial wallet can be safer for beginners since the provider manages security measures, such as two-factor authentication and encryption. However, it also means you rely on the provider’s security. In contrast, a non-custodial wallet offers more control over your private keys, but it also means you are responsible for safeguarding your funds. If you lose access to your non-custodial wallet, there's no way to recover your assets, making it riskier for those who are not careful with their security practices.