#explain-card A self-[[Custody|custody]] [[Wallet|wallet]] is a type of cryptocurrency Wallet that allows users to have full control over their [[Private key|private keys]] and digital assets. Unlike [[Custodial wallet|Custodial wallets]], which are managed by third-party service providers, self-custody wallets provide complete ownership and control of the user's assets. This means that users are responsible for managing their own private keys and are not reliant on a third party for asset management. Self-custody wallets are typically more secure and offer greater privacy compared to custodial wallets.