Is BeeWallet Custodial?
☁️
Their Server
- ✗ They hold your data
- ✗ They can read it
- ✗ They can lose it
- ✗ They can lock you out
📱
Your Device
- ✓ You hold your keys
- ✓ Only you can read
- ✓ You control backups
- ✓ No one can lock you out
No. BeeWallet is a self-custody wallet.
What This Means
You hold your own keys. Your seed phrase is encrypted on your device. We never see it. We can't access your funds.
The Difference
| Custodial | Self-Custody (BeeWallet) |
|---|---|
| Company holds keys | You hold keys |
| Can freeze your account | No one can freeze your account |
| Can be hacked | Only you control access |
| They can recover for you | Only you can recover |