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What is a custodial wallet?
What is a custodial wallet?
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Written by Bitbrand
Updated over 11 months ago

A custodial wallet is a type of digital wallet used to store digital assets (like products sold on Bitbrand) and cryptocurrencies. They are managed by a third party, which in Bitbrand’s case is our partner and payment provider Crossmint.

When you check out on our site using credit card Crossmint will automatically create a custodial wallet on your behalf. Crossmint is responsible for managing the security of any digital purchase you make with us. Learn more about Crossmint.

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