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