You can also use the wallet to send cryptocurrencies to or receive them from others. There’s a favorite expression in the crypto world, “Not your keys, not your coins.” If you don’t control your keys, you don’t have full access to your crypto assets. If...
Even if you're a crypto pro by now, you intend to make sure everything runs smoothly with subpar protection. If you plan on holding any cryptocurrency, one of the most crucial decisions you will have to make comes before you even buy your first token....
You then need your intended recipient’s Bitcoin wallet address, similar to an email address, to mail the cryptocurrency in their mind. Self custody means that the owner takes full responsibility for the safety of their crypto assets and stores the private keys to their wallets....
To be extra safe, store your crypto in self-hosted wallets, particularly cold wallets, as they are much more secure than their hot wallet counterparts. The public key may come to be the public address used to send and receive coins or tokens on the blockchain....