Custodian

Home / Glossary / Custodian

Custodian

What is Custodian?

In essence, a cryptocurrency custodian is simply a bank where you can keep your coins, control their liquidity, and guard them against theft. And cryptocurrency owners have the option of acting as their own bank by keeping control of their private key, or they may entrust a third party with keeping custody of their cryptocurrency until it is ready to be spent.

Related:

My Newsletter

Sign Up For Updates & Newsletters

Email: