Crypto Wallet vs Exchange

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Understanding the difference between a crypto wallet vs exchange is essential for secure asset management. A crypto wallet, like MetaMask or Trust Wallet, allows users to store, manage, and control private keys, ensuring true ownership of digital assets. Exchanges, such as Binance or Kraken, serve as platforms to trade and swap cryptocurrencies, but assets stored there are custodied by the provider. Statistics show that over 20% of users prefer self-custody wallets to reduce the risk of exchange hacks, while others rely on exchanges for liquidity and trading convenience. Debut Infotech helps businesses and users explore both sides, offering custom wallet development and secure exchange platforms designed for performance and regulatory compliance.

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