Terenval Crypto Glossary · Русская версия
Custodial wallet
A custodial wallet is a wallet or account model where a third party controls the private keys or signing infrastructure on behalf of the user.
Published and reviewed: 2 October 2026.
Users typically authenticate to the custodian with an account rather than directly managing recovery material for the blockchain keys.
How this concept appears in Terenval Wallet
Terenval is positioned differently: it is a non-custodial wallet, so its product model is based on user-controlled recovery material rather than provider-held keys.
Important: Custodial and non-custodial wallets have different recovery, counterparty and operational risks; neither label alone guarantees safety.
A non-custodial mobile wallet for Bitcoin, Ethereum and supported L2/EVM networks.
Why the term matters
Users typically authenticate to the custodian with an account rather than directly managing recovery material for the blockchain keys.
Custodial and non-custodial wallets have different recovery, counterparty and operational risks; neither label alone guarantees safety.
Related terms
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Sources and review
Terenval product statements are first-party information.