Custodial vs self-custody: what actually changes for you
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Two ways to accept crypto. Here's the plain-language difference:
Custodial (the old way):
- The platform holds your funds.
- Fast to start, but your money sits on their books.
- If they freeze, get hacked, or shut down — your funds are caught with them.
- You trust the platform to stay alive and honest.
Self-custody (MotePay):
- You hold your keys; funds are yours on arrival.
- Can't be frozen or seized because someone else got in trouble.
- The one responsibility: back up your keys (once).
- You don't have to trust anyone with your money — including us.
Custodial trades your control for a little convenience. Self-custody keeps the control, and we work to make it just as convenient. That's the whole idea behind MotePay.
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