Is There Such a Thing as a Non-custodial Wallet?

Problem scenario
There a non-custodial exchanges (that do not store your cryptocurrency). Is there a non-custodial wallet for your digital assets?

Yes, this term refers to a "cold wallet." We think the term "self-custodial wallet" is preferable to "non-custodial wallet" -- but the term "cold wallet" is more commonly used. Apparently in the cryptocurrency world, custodial wallets are those you do not physically control.

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