What is custodial crypto wallet

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CUSTODIAL: The wallet provider holds your private key. 
This is the case with your digital assets in an exchange’s wallet. 
Without owning your private key, you aren’t entirely in control
of your wallet.

NON-CUSTODIAL: You own your private keys. 
It’s the safest option for most traders and investors, 
as long as they take good care of their keys and seed phrases.
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Source: academy.binance.com

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