Is Mycelium wallet non custodial?

Although Mycelium is a hot wallet, it very helpfully offers the option to transact from a cold storage wallet . It can import private keys and can also sync them from a hardware wallet as well.

Mycelium is fairly safe . Everything depends on how you store your funds and how you protect your private information. Till the time you hold your private keys safe and secure, you are the sole owner of your Bitcoin funds.24 Şub 2022

Bitcoin transactions are recorded in a digital ledger called a blockchain. Blockchain technology and users’ constant review of the system have made it difficult to hack bitcoins. Hackers can steal bitcoins by gaining access to bitcoin owners’ digital wallets .

Most wallets are custodial , therefore — not secure, not private, and not independent. Even if a wallet is non-custodial, it may still not be secure. Only reproducible wallets are completely secure. Mycelium is among them.