โNot your keys, not your coins.โ Hereโs what it actually means. ๐
When you buy digital assets, someone holds the key that can move them. On an exchange, the company holds it and moves your assets when you ask. In your own wallet, you hold it yourself.
Neither is wrong. Knowing who holds your keys helps you choose the setup that fits how you want to manage what you own.
Full episode on custody drops Wednesday on Crypto, Explained, available wherever you get your podcasts.