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What makes the BankSocial exchange self-custodial?

what is self custody

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Written by Nathaniel O'Dell

The BankSocial Exchange is self-custodial because when users purchase cryptocurrency, their funds are sent directly to their personal Self-Custodial Wallet rather than being held by the platform.

This means:

  • You control your crypto – BankSocial never takes custody of your tokens.

  • Your keys, your crypto – Only you have access to your private keys, ensuring full ownership and control.

  • Enhanced security – Reduces the risk of platform-level hacks since funds aren’t stored on centralized servers.

In short: Your Crypto, Your Keys.

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