Which is the most popular custodial crypto wallet?

[King Belieal]

Custodial wallets are vital aspects of the crypto chain and ecosystem. There are so many custodial crypto wallets that people are haunt.

Which custodial crypto wallet do you think is the most popular?

 

[Kross]

Trust Wallet seems to be very popular in my country. 90% of people in crypto in my country own and use Trust Wallet.

 

[Suba]

Trust Wallet is not a custodial wallet, but a non-custodial wallet. Some well-known custodial wallets include: Binance Web3 Wallet, Kraken Wallet, Coinbase Wallet, OKX Wallet, Uphold, HolyTransaction, Blockchain.com, etc.

 

[Trush Jodie]

Trust Wallet is not a custodial wallet, but a non-custodial wallet. Some well-known custodial wallets include: Binance Web3 Wallet, Kraken Wallet, Coinbase Wallet, OKX Wallet, Uphold, HolyTransaction, Blockchain.com, etc.

Does it mean that all wallets of crypto exchanges are custodial wallets? What is really a custodial wallet?

 

[Suba]

Does it mean that all wallets of crypto exchanges are custodial wallets? What is really a custodial wallet?

Generally, wallets issued by crypto exchanges are custodial wallets, meaning users don't have private keys or seed phrases to directly access the blockchain network. This is different from non-custodial wallets, such as Metamask and Trust Wallet, or vice versa.