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Non-Custodial Meaning

Non-custodial refers to a system, service, or wallet where the user retains full control and ownership of their private keys and assets at all times. The service provider never has access to the user's funds and therefore cannot freeze them, seize them, or lose them in a bankruptcy.

This concept is the embodiment of the crypto ethos: "Not Your Keys, Not Your Coins." In a non-custodial setup, you are your own bank. You are responsible for your own security.

If you lose your recovery phrase, there is no customer support to reset your password-your money is gone forever. Despite the responsibility, non-custodial solutions are preferred by crypto natives because they offer censorship resistance.

No government or corporation can stop a transaction sent from a non-custodial wallet. This contrasts with "Custodial" services (like Coinbase or Binance), which hold your keys for you and function much like traditional banks.

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Important Disclaimer:

Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

Finery Markets’ software is non-custodial and is provided exclusively to licensed institutional entities that act as independent operators of their own environments. All counterparties are solely responsible for establishing and maintaining their own bilateral trading and settlement relationships. Finery Markets is not a party to any such arrangements and assumes no responsibility for the conduct, verification, or compliance obligations of any users of the software.

Nothing on this website shall be construed as a financial promotion, investment advice, or an offer to engage in regulated activities. Access to and use of the software is strictly limited to clients who have entered into a software licensing agreement with Finery Markets. Persons located in jurisdictions where such access is restricted should not rely on this website or any of its contents.

Additional notice to UK visitors: This website and associated communications are not intended to constitute a financial promotion under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) and related guidance. Access to services provided by Finery Markets is limited to regulated entities, professional clients and eligible counterparties as set out by the Financial Conduct Authority. UK users are not permitted to use this website for the services of Finery Markets if they don't fall within these categories.