What does it mean that Shipfinex is a non-custodial wallet?

Modified on Mon, 3 Mar at 10:39 AM

A non-custodial wallet means that Shipfinex does not hold your private keys. You are entirely responsible for the security and management of your wallet:

  • Full Control: You alone control your funds, providing enhanced privacy and security.
  • Self-Recovery: If you lose your keys or forget your security answers, the platform cannot restore access for you.
  • Responsibility: It is crucial to follow best practices for securing your wallet, such as backing up your keys and security questions in a safe place.

    Advice: Always keep your backup information offline and never share your private keys with anyone.

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