The Shipfinex wallet is non-custodial, meaning that you are solely responsible for managing your private keys and wallet security. This has several important implications:
- Complete Control: You have full control over your funds, without reliance on a central authority.
- Security Responsibility: If you lose your private keys or forget your security answers, Shipfinex cannot help you recover your wallet.
- Enhanced Privacy: Non-custodial wallets provide greater privacy since only you have access to your keys.
Advice: Always securely store your private keys and security question answers offline. Treat them with the same care as you would physical cash or important documents.
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