What is Self-Custody in Crypto and Why It Matters for Indian Investors
What is Self-Custody in Crypto and Why It Matters for Indian Investors
Most Indian crypto exchanges ask you to trust them with your digital assets. At Giottus, we believe that trust should be earned and that users deserve the option to stay in control.
That’s why we’ve built something different. Giottus is the only major crypto exchange in India that offers self-custody, a system where you manage your funds directly, without depending on anyone else to protect your crypto.
This isn’t just a feature, it’s a way for Indian investors to participate in crypto more securely and independently. As digital assets become a larger part of individual wealth, self-custody empowers users with the tools to protect and own what’s rightfully theirs.
What Is Self-Custody?
In crypto, holding your assets means holding your private keys, the cryptographic credentials that prove ownership and give you access. With self-custody, you control these keys. Your funds aren’t held by an exchange or third party. They're held by you.
Most platforms use a custodial model, where the exchange manages the wallet and private keys on your behalf.
With self-custody, you put your funds in full control. Your crypto is stored in a wallet that only you can access. It can't be frozen, moved, or lost due to the actions of a third party.
Why Self-Custody Matters More Than Ever
The need for self-custody has grown as digital asset adoption increases and users become more aware of risks tied to centralised platforms. Investors want greater independence, stronger protection, and long-term peace of mind.
Self-custody provides:
- Direct access to your funds at all times
- Protection from exchange-related breaches or service disruptions
- The ability to transact with crypto
- Full transparency and accountability over your crypto holdings
For Indian investors navigating an evolving regulatory environment, self-custody provides an added layer of control and clarity.
At Giottus, we provide a secure, user-first self-custody experience. When you choose this option, you can withdraw your assets to a wallet where you and only you hold the private keys. That means you're in charge at all times.
While withdrawal limits apply to customers, we’re committed to supporting users who want to manage their funds independently.
Challenges of Self-Custody
Self-custody brings significant advantages, but it also comes with responsibilities that users should understand.
- Key management: If you lose your private keys or recovery phrase, access to your crypto could be permanently lost.
- No recovery support: Unlike custodial wallets, there is no backup support or account recovery option. You alone are responsible for access.
- Risk of user error: Mistaken transfers or insecure device setups can lead to loss of funds.
- Security threats: Storing private keys on unsecured devices or cloud storage increases exposure to phishing, hacks, and malware.
- Steeper learning curve: New users may find wallet setup, seed phrase storage, and backup practices complex without proper guidance.
Self-custody may not be the right fit for everyone, especially those new to crypto or who prefer the simplicity of custodial platforms. At Giottus, we offer both options. If you're looking for greater control over your assets, self-custody is available to you, along with the support and guidance to manage it securely.
Giottus was designed with a core principle in mind: crypto should be owned, not just traded. That means giving users the choice and ability to manage their funds in a way that aligns with their own comfort and security preferences.
We believe users shouldn’t have to choose between convenience and control. At Giottus, you can have both.
Also read: Additional Safety Measure: Verify Your Crypto Deposit with Giottus
What Indian Investors Need to Know
Indian crypto investors are becoming more informed, more proactive, and more security-conscious. They demand platforms that not only deliver performance but also protect their interests.
Giottus’ self-custody offering is built for this new wave of Indian users who want flexibility, independence, and the ability to hold their assets with confidence.
Whether you're holding for the long term or actively trading, self-custody ensures your crypto remains yours regardless of what happens in the market, with policies, or across platforms.
With Giottus, you can choose what’s right for you. We provide both models, supported by the infrastructure, support, and education you need to invest with confidence.
Start your journey with self-custody today or keep trading with the assurance that the choice is always yours.
For questions, reach out to [email protected] or call us at +91-78248 78248.
Updated on: 19th December, 2025 2:27 PM
FAQ's
1. What is a TT payment?
TT (Telegraphic Transfer) is an international bank-to-bank money transfer method used to send funds securely across countries.
2. What is LC and TT payment?
LC (Letter of Credit) is a bank-guaranteed payment made after meeting trade conditions, while TT is a direct transfer where money is sent upfront or as agreed between buyer and seller.
3. How do I make a TT payment?
You make a TT payment through your bank by providing the beneficiary’s bank details, SWIFT code, amount, and purpose of transfer.
4. Is TT payment safe?
TT payments are safe when sent to verified recipients, but they offer limited protection if the seller is fraudulent.
5. How many days does a TT transfer take?
A TT transfer usually takes 1–5 working days depending on banks and countries involved.
6. What are the signs of a fake transfer?
Common signs include fake SWIFT copies, pressure to ship before funds are credited, and discrepancies in sender or bank details.
7. How to pay TT payment?
You can pay via net banking, bank branch, or international wire services by submitting the required documents and payment details.
8. What is the best payment method to not get scammed?
Letter of Credit (LC) or escrow services are safer than TT for large or first-time international transactions.
9. How much does a TT payment cost?
TT charges typically range from ₹500 to ₹2,000 plus currency conversion and intermediary bank fees.
10. Is TT better than other transfer methods?
TT is faster and simpler than LC, but it is less secure, making it better for trusted partners rather than new sellers.