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Custodial Crypto Wallets: Pro and Cons

Easy to use, no need to store private keys
Recovery options if access is lost
Often integrated with crypto exchanges
You don’t fully control your custodial crypto wallet
Higher risk of hacks, shutdowns, or frozen funds
Limited privacy and potential KYC, KYB, and compliance requirements

Custodial vs Non-Custodial Crypto Wallets

What’s the difference between custodial and non-custodial crypto wallets:

Criteria
Custodial Wallet

Custodial Wallet

Non-Custodial Wallet

Non-Custodial Wallet (BitHide)

Who Manages FundsWho Manages Funds
Funds are managed by a trusted party (custodian), such as an exchange or service provider.
Complete control remains with the user.
Data SharingData Sharing
Requires providing personal data (passport or ID, phone number, email).
Usage without sharing any personal data.
Risk of FreezingRisk of Freezing
The custodian may freeze your funds at any time due to internal policies, legal requests, or other external pressure.
There’s no custodian to block your funds. However, risks still exist (e.g. high-risk assets). These risks can be minimized with AML checks.
Ease of UseEase of Use
Custodial wallets are easy to set up; the service provider offers training and technical support.
Requires basic knowledge of cryptocurrency wallets for independent setup.
Security LevelSecurity Level
Depends on the level of security providedby the service.
Maximum security: 512-bit encrypted key, real-time backup, 2FA, fingerprint technology.
Access RecoveryAccess Recovery
Recovery is possible via identity verification.
Loss of seed phrases or private keys makes recovery impossible.
Cost of UsageCost of Usage
May include hidden transaction fees and subscription charges.
Minimal regular costs, transparent transaction fees.
Transaction PrivacyTransaction Privacy
Transactions can be tracked by anyone, including hackers, competitors, and criminals.
Complete confidentiality with the BitHide’s technology.

BitHide: Non-Custodial Wallet for Business

What’s the difference between custodial and non-custodial crypto wallets:

Accept Crypto Payments

Add any payment method in your non-custodial wallet. Receive and store Bitcoin, stablecoins (USDT & USDC), Ethereum, Litecoin, Binance Coin, Tron, and TON.

AML Check for Cryptocurrency

Screen incoming cryptocurrency for AML risk score and separate high-risk assets as needed.

Unlimited Wallets and Addresses

Create and manage an unlimited amount of non-custodial wallets, and control them all from a single place.

Multiple Integration Options

Connect via payment page, widgets, or API gateway integration — choose the integration method that fits your business best.

Automate Mass Payouts

Process bulk payouts instantly. Execute hundreds of secure cryptocurrency transactions in just a few clicks.

No KYC/KYB Restrictions

BitHide is a crypto wallet software for businesses, so we do not perform KYC/KYB or AML checks of your transactions.

Confidential Crypto Wallet

Unlike a non-custodial hardware wallet, BitHide offers both privacy and scalable business features

Infrastructure You Fully Control

Our crypto wallet is self-hosted. You own your wallets, store your keys and seed phrase, and run all transactions through your non-custodial wallets.

Enterprise-Grade Protection

Data and digital assets are shielded with 512-bit encryption, 2FA, PIN code, fingerprint authentication, and real-time backups. As secure as a hardware wallet.

Invisible to Hackers and Competitors

They can’t trace crypto payments, link addresses, or calculate your turnover. Wallet and server IP addresses stay hidden thanks to BitHide solutions.

Can’t find your industry or need to clarify any details?

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How to Start Accepting Crypto with BitHide

A few simple steps to start using our non-custodial wallet solution under your full control

Step 1

Talk to BitHide Team

Step 2

Integrate BitHide into Your Business

Set up your cryptocurrency wallet — with no KYC/KYB restrictions and full control over your funds.

Step 3

Start Working with Cryptocurrencies

Use BitHide to accept crypto payments, manage your assets, and stay confidential.

BitHide Wallet Features

DarkWing & Proxy Payments

We prevent wallet tracking. Each transaction is unique and cannot be linked, making your crypto transactions confidential.

Personal Account Manager & 24/7 Support

Live online support, no tickets — just real human help, anytime businesses need it.

Accounting & Reports

Track all wallets, transactions, crypto payments, balances, blockchain activity in one place — with exportable reports for any period.

Proprietary Blockchain Explorer

BitHide blockchain explorers work faster than public ones, built for high-load use.

Full Control

You store your private keys and seed phrases. Non-custodial wallet is under your 100% control.

Save on Fees with Energy

Pay in USDT (TRC20) using Energy — reduce TRX costs by up to 50%.

Cryptocurrency Swap

Exchange digital currencies and stablecoins right in your wallet.

Crypto Payroll Solution

Pay salaries with ease — each employee gets a dedicated mobile wallet with a recoverable account access.

Roles & Permissions

Assign account access to users based on their roles, responsibilities, and permission levels.

Built-in Gas Stations

Use separate addresses to pay network fees on ETH, TRX, and BNB. You set how many times each gas station can be used. After that, it’s replaced with a new one.

Mobile Wallet

Provide your clients with a custodial wallet for various needs — from salary payouts to quick access and seamless crypto withdrawals.

Unlimited Wallets

Create multiwallets. Connect unlimited websites and services and manage each one independently.

Start accepting crypto confidentially

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