Self-Custody vs Exchange Wallets: Complete Security Comparison

By Anonymous User · March 5, 2026

If you’re holding cryptocurrency and someone else controls your private keys, you don’t actually own that crypto—you’re just holding an IOU from whoever does. That’s the fundamental divide that separates self-custody wallets from exchange wallets, and it’s a distinction most newcomers completely miss until something goes wrong. I’ve watched people lose life-changing sums because they…