A non-custodial exchange platform is one where the user has complete control over their wallet. People who have their own wallets have complete control over their cryptocurrencies, passwords, and keys, and their passwords, keys, and coins are not held by a central entity. Mobile apps, desktop programmes, and browser extensions are all examples of non-custodial exchanges.

What types of non-custodial wallets exist?
Different types of crypto wallets can be connected from non-custodial exchange platforms. Wallets can be categorized into 3 segments:

Hardware Wallets
A physical device that can store data up to the size of its disc. To access these wallets, you must first log in with your username and password.

Web-Based Wallets
With a private key login, these can be accessed from any device with internet access. Web-based non-custodial exchange systems include Metamask, Brave Wallet, and Binance Smart Chain, among others.

Mobile Wallets
Wallet Connect is a non-custodial exchange that allows users to rapidly build a wallet and send money to other wallets by scanning a QR code.