Non-custodial

- CoinGecko 님 | 업데이트: Mar 03, 2020
It is a decentralized type-of-wallet, where the users owns its private keys. Having the private keys equals to you owning full control of your funds but the danger is if you lose your private keys, you will lose your funds forever.

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관련 용어

Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
KYC (Know Your Costumer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
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