A non-custodial wallet is a type of cryptocurrency wallet where the user has complete control over their funds. Unlike custodial wallets, which are managed by third-party services, non-custodial wallets allow users to hold their private keys directly.With non-custodial wallets, users are responsible for the security and management of their private keys, which connect them to their cryptocurrency assets. This setup means that individuals can send, receive, and store their digital currencies without relying on an intermediary, often reducing the risk of hacks or fraud associated with centralized platforms.These wallets come in various forms, such as software applications, hardware devices, or even paper wallets. They empower users with greater privacy and autonomy, but also place the onus of security on them. Losing access to the wallet or the private keys can result in the permanent loss of funds, so users must practice careful management and backups.In summary, non-custodial wallets offer control and security, appealing to those who prioritize ownership and wish to take full responsibility for their cryptocurrency.