Self custody basics

Dasar self-custody

Pahami mengapa exchange bukan wallet, kontrol key, backup seed phrase dan pentingnya small test withdrawal.

Exchanges Are Not Wallets

An exchange account is convenient for trading, but it is not a self-custody wallet where you fully control the private keys.

Private Keys Mean Control

Whoever controls the private keys controls the BTC. Self-custody means rights and responsibilities return to you.

Never Screenshot Your Seed Phrase

Do not screenshot, do not store in the cloud, do not send via chat apps, and never give it to any customer support.

Cold Wallets for Long-Term Holding

Cold wallets reduce the risk of private key exposure to online devices, but still require proper initialization and backup.

Test with Small Amounts First

Before transferring large amounts, do a small test to verify the address, network, fees, and confirmation process.

Multiple Backup Locations

Backups must be waterproof, fireproof, and loss-resistant. Avoid single-location or single-person risks.

Caution: do not make large transfers before understanding addresses, networks, fees and recovery. Test small amounts first and verify backups.