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Custodial Crypto Wallets: Pros 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
You can’t control the level of security of the solution
Limited operational flexibility

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.
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 provided by the service.
Maximum security: AES-256 encrypted standard, 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.

BitHide: Software for Non-Custodial Wallet for Business

Key features of the self-hosted payment solution:

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.

Integrated AML Check for Cryptocurrency

Screen cryptocurrency for AML risk through integrated providers to stay compliant.

Generate an Unlimited Amount of Wallets

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 thousands of cryptocurrency transactions in just a few clicks.

Save on TRON Payments

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

Secure Crypto Wallet for Business

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

Self-Hosted Solution

BitHide 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 AES-256 encryption standard, 2FA, PIN code, fingerprint authentication, and real-time backups.

Role-Based Access Control (RBAC)

Manage employee access to your wallet and use double transaction approval to maintain full control and prevent unauthorized actions.

How to Start Accepting Crypto with BitHide

A few simple steps to start build your non-custodial solution under full control:

Step 1

Talk to BitHide Team

Get a Consultation

Step 2

Install BitHide

Set up your cryptocurrency wallet with full control over your funds.

Step 3

Start Working with Cryptocurrencies

Use BitHide to accept crypto payments and manage your assets.

BitHide Wallet Features

Integrated AML checks

Assess asset risk with provider-based AML screening for incoming and outgoing flows.

Multi-Wallet Access & Roles

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

Personal Account Manager & 24/7 Support

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

Unlimited Merchants

Create multi-wallets. Connect unlimited websites and services and manage each one independently.

Mass Payouts

Send bulk payments in a few clicks with our crypto payment processor.

Full Control

You store your private keys and seed phrase — 100% under your control.

Double Transaction Approval

Some users create payments, others review and approve them.

Save on Fees with Energy

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

Auto-Withdrawals

Set up automatic asset withdrawals from wallets once a predefined threshold is reached.

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.

Accounting & Reports

Track all wallets, transactions, balances, and currency fees in one place — with exportable reports for any period.

Operational Payouts

Through its Administrative plugin, finance teams can manage wallets, schedule payments, and execute instant mass payouts.

Start accepting crypto securely

Get Started
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