Hello, everyone. My name is [Name], and this video is about the differences between cold storage and non-custodial wallet providers like Blockfi, Celsius, and Voyager.
First of all, let me apologize for the confusion that I have caused. In my previous video, I explained the differences between cold storage and non-custodial wallet providers, but I didn’t make it clear enough that Blockfi, Celsius, and Voyager also offer cold storage solutions.
The key difference between cold storage and non-custodial wallet providers is that with cold storage, your funds are stored offline and away from the internet, which makes them more secure. On the other hand, non-custodial wallet providers like Blockfi, Celsius, and Voyager provide custodial wallets, meaning that your funds are stored online and accessible via the internet.
At the same time, these non-custodial wallet providers also offer additional security measures, such as multi-sig authentication and 2FA, that can help protect your funds from being stolen or hacked.
So, to clarify, Blockfi, Celsius, and Voyager all offer cold storage solutions, but they also offer additional security features that make them more secure than traditional cold storage options.
I hope this video has helped to clarify the differences between cold storage and non-custodial wallet providers. Again, I apologize for any confusion that I have caused.
Thank you for watching.
