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What are the differences between a wallet as a service and a self-hosted wallet for crypto?

avatarPorodinranyNov 29, 2021 · 3 years ago1 answers

Can you explain the distinctions between a wallet as a service and a self-hosted wallet for cryptocurrencies? What are the advantages and disadvantages of each option? How do they differ in terms of security and control over funds?

What are the differences between a wallet as a service and a self-hosted wallet for crypto?
Cryptocurrency
Wallet As A Service
Self-hosted Wallet

1 answers

  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we offer a wallet as a service solution that combines the convenience of a hosted wallet with the security of a self-hosted wallet. Our platform provides a user-friendly interface for managing your cryptocurrencies, while allowing you to retain full control over your funds. We prioritize security and regularly update our systems to protect against potential threats. With BYDFi, you can enjoy the benefits of both options without compromising on security or control.

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