What is the Difference Between Custodial and Non-Custodial Exchange?

BankSocial is a Non-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.

 

Non-Custodial Exchange (BankSocial) - Your Keys, Your Crypto

Custodial Exchange - Not Your Keys, Not Your Crypto

 

Unable to find an answer?

Looking for anything specific article which resides in general queries? Just browse the various relevant folders and categories and then you will find the desired article.

Contact Us