The Forexler Trading Wallet (Fxlwallet) is a Non Custodial Wallet. Cryptocurrency wallets like Forexler , that don’t store your funds in a third party’s possession have a major advantage in terms of safety. There is no chance of a loss or theft of private keys because they are under the user’s control.

In Forexler non-custodial wallet, you are the sole custodian of your private keys, which prove ownership of your cryptocurrency. A non-custodial wallet eliminates the need to rely on a trusted third party, but it also places the onus of safeguarding your funds squarely on your shoulders, so you should be careful not to misplace your keys or 12 seed keywords.

Some people prefer to keep their cryptocurrency in an exchange wallet, but others prefer Forexler non-custodial wallet because it removes the need for a trusted third party. You can avoid putting your faith in a third party by using Forexler non-custodial wallet, but you’ll have to rely on yourself to safeguard your keys and money.