Custody

De Cryptomcmillan1| Actualizat la May 24, 2020
In the context of cryptocurrency, a "custodial" asset means an asset is placed under the care of a third party. This is similar to how banks have custody over their customer's funds. A Custodial Wallet refers to a wallet whose private key management falls under the care of a company. Examples of Custodial wallets include Coinbase, Nexo and other wallets where users do not have access to their private keys.

Împărtășiți cu un prieten!

Termeni asociați

Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Hard Fork
It is a permanent divergence of a blockchain into two blockhains. The original blockchain does not recognize the new version.
Dusting Attack
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
Doriți să aflați mai multe?
Înapoi la Glosar sau Abonați-vă la newsletterul nostru.
coingecko (thumbnail mini)
CoinGecko pentru iOS
coingecko (thumbnail mini)
CoinGecko pentru Android