For Customers Log in
Contact Us

Non-Custodial Wallet Meaning

A Non-Custodial Wallet is a software or hardware interface that generates and stores private keys locally on the user's device, rather than on a central server. Examples include MetaMask, Trust Wallet, Ledger, and Trezor.

When you create a non-custodial wallet, you are given a Seed Phrase (usually 12 or 24 words). This phrase is the master key to your funds.

The software merely acts as a window to the blockchain, using these keys to sign transactions. If you delete the app, you can restore your funds on any other device using the seed phrase.

The rise of DeFi (Decentralized Finance) and NFTs has made non-custodial wallets essential. You cannot interact with a DApp like Uniswap using a Coinbase account; you must connect a non-custodial wallet.

This empowers users to interact directly with smart contracts, removing the middleman entirely.

← Back to Glossary

Explore our services
Providing liquidity in the cryptocurrency market?
Authorize on our platform and do it smarter with FM Pulse.
pic

FM Marketplace

A reliable and high-performance crypto liquidity marketplace for institutions and businesses.

Learn more
pic

FM White Label

Launch your fully branded B2B crypto trading platform in under one week.

Learn more
pic

FM Liquidity Match

Crypto OTC-as-a-Service infrastructure for enhanced monetization and trade control.

Learn more

Scale your business, leave the hard work of your trading needs to us

Reduce your integration costs and operational risk across multiple access points with our platform

Get started