Crypto Custody Models

Ethereum, stablecoins, exchange mechanics, and self-custody.

Updated 2026 ж. 21 қаз.GaiaEx Academy Editorial

Бұл сабақта

What self-custody means
The trade-offs you accept

Негізгі тұжырымдар

1Self-custody means only you hold the keys
2It removes counterparty risk but adds responsibility
3Key security becomes entirely your job

Сабақ қорытындысы

Self-custody means the user controls the keys that move assets.

Mental model

Crypto Custody Models in plain terms

Self-custody means the user controls the keys that move assets. It removes exchange custody risk, but it also removes many traditional recovery paths.

What self-custody means
The trade-offs you accept

Mechanics

How to reason about crypto custody models

Private keys or MPC shares authorize transactions.

Wallet policies, hardware devices, or recovery schemes can reduce single-point failure.

The user must verify what each signature allows.

Self-custody means only you hold the keys
It removes counterparty risk but adds responsibility
Key security becomes entirely your job

Example

Crypto Custody Models in a real decision

A self-custody trader can keep funds in a wallet while interacting with trading infrastructure, instead of depositing assets into a centralized account.

Есте сақтаңызDecision rule: Use self-custody only with a backup and signing process you can actually operate under stress.

Common mistakes

How crypto custody models trips learners up

Self-custody is not the same as safety by default. Bad backups, phishing, and blind approvals can be worse than using a reputable custodian for some users.

Risk notes

Risk checks for crypto custody models

Key loss, compromised devices, malicious approvals, social engineering, and inheritance gaps are practical self-custody risks.

Know who controls the keys.
Set a backup process.
Review transaction intent before signing.

Practice

Make crypto custody models stick

Know who controls the keys.
Set a backup process.
Review transaction intent before signing.

Қайталау

Негізгі терминдер

Custody: Who controls the private keys. Custodial = a third party holds them; non-custodial = you do.
Ethereum (ETH): A programmable blockchain — a 'world computer' that runs smart contracts and dApps.
Phishing: A scam that tricks you into revealing keys or approving malicious transactions via fake sites/messages.
Wallet: Software or hardware that stores the private keys controlling your on-chain assets.
Self-Custody: Holding your own keys instead of trusting a custodian.

Дерек көздері