On the other hand, a cold wallet introduces the risk that you might lose the physical device and all the cryptocurrency it holds. So there is a trade-off for that extra security, which is also why some investors keep their cold wallets locked up in safe deposit boxes or even a safe in the home. The basic difference between custodial and noncustodial wallets is that a custodial wallet’s private key is held by a custodian, or a third-party. For example, if you get your wallet through a crypto exchange, it’s likely a custodial wallet, and the exchange likely holds the keys. Wallets come in many forms, but at their core they …

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Modulus has the world’s brightest team of financial technology experts with a combined experience of over a millennium. That’s experience that you can count on, and grow on, for years to come. Financial apps and exchanges developed with Modulus get to market faster and cost less than developing from scratch. B2Broker takes care of all server licensing issues so there’s no need to get involved in all the legalities. Our engineers work closely to deliver products that are thoroughly tested and work well together. All our products are already integrated with each other and are ready to go live.

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