Self Custody

What is Self-Custody?

Self-custody means you keep your own Bitcoin safely. When you own Bitcoin, it's protected by a recovery phrase (or "secret words"). This phrase is the key to your safe. If you hold the phrase, you have full control. If someone else (like an exchange) holds it, they have the control.

Why is it essential?

True Ownership

No one can block your account, freeze your funds, or lose your money.

Security

You remove the risk of hacks or shutdowns that sometimes happen to online platforms.

Privacy & Freedom

Manage your Bitcoin without asking permission.

The Simple Rule: "Not your keys, not your coins."

Wallet types: quick comparison

Self-custody means you keep your own Bitcoin safely. When you own Bitcoin, it's protected by a recovery phrase (or "secret words"). This phrase is the key to your safe. If you hold the phrase, you have full control. If someone else (like an exchange) holds it, they have the control.

Type

Who Controls Keys?

Internet Connected?

Key Point

Hot Wallet

You

Yes

Everyday Use

Keep small amounts only

Cold Wallet

You

No (Offline)

Savings & Long Term Storage

Safest for large amounts

Custodial Wallet

Someone Else (Exchange)

Usually Yes

Beginners or Short-Term Use

You don't fully own your Bitcoin

Ready to Go Cold?

We partner with Coinkite, the trusted name behind secure hardware wallets like the Coldcard, designed for maximum safety and self-custody.

Get your cold wallet today

Use code MEGAWATT for a 5% DISCOUNT at the Coinkite store

Ask Yourself: Are You Ready?

✓ Do you understand that your recovery phrase is what gives you ownership of your Bitcoin?
✓ Can you store it safely (on paper or metal, in a private place) and keep it secret?
✓ Are you ready to practice sending a small test amount first before moving your savings?

If you answered YES to all, let us know! We'd love to help you get started with your first cold wallet.
If you're ready to secure your Bitcoin, simply reply to the email you received this from, or contact us using the button below.

Contact us

Stay tuned for more easy-to-follow Bitcoin resources!
The Megawatt Team