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What is the Difference Between Custodial and Self-Custodial Exchange?
What is the Difference Between Custodial and Self-Custodial Exchange?
A
Written by Anthony Striano
Updated over 8 months ago

BankSocial® is a Self-Custodial Exchange. This means the customer owns their keys
and their crypto.

This is a key differentiator, as majority of the most popular exchanges are Custodial, meaning the exchange owns the customer's keys and crypto. If a Custodial Exchange were to go bankrupt, the customer would be at risk of losing all of their crypto. With BankSocial, the customer owns the keys and has total control of their crypto.

Self-Custodial Exchange (BankSocial®) - Your Keys, Your Crypto

Custodial Exchange - Not Your Keys, Not Your Crypto

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