Safety4 min read ยท YAP team

Custodial vs non-custodial wallets: who holds your keys

The difference between wallets you control and wallets an exchange controls, and why it matters.

Key points
  • Non-custodial means only you can move funds.
  • Custodial means a company holds them.
  • Back up your recovery method.
Your own wallet balance on YAP Home.
Your own wallet balance on YAP Home.

Custodial

An exchange holds your coins for you. It is easy, but if the company freezes withdrawals or gets hacked, your funds are at risk.

Non-custodial

You control the wallet. No company can move or freeze your coins, but you are responsible for keeping access safe.

Example safety check
Top 10 holders
22%
Bundled launch wallets
None found
Mint authority
Still active
Liquidity
Burned

On YAP

Your YAP wallet is created at sign up and is yours. You can withdraw to any Solana address at any time.

Try it on YAP
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