Introduction to Your Trading Wallet
Your Blockchain.com Wallet’s original non-custodial wallets will always be available for you to send, receive, and store your crypto, while retaining complete, sole control of your private keys. Now we’re excited to introduce you to your wallet’s Trading Wallet, a new feature that puts even more power in your hands!
What is the Trading Wallet?
Your Trading Wallet balance is custodial, which means that Blockchain.com securely stores that balance for you. This can allow some transactions made with your Trading Wallet to be faster and to avoid cryptocurrency network fees, by not needing to be broadcast on-chain. For more details on the technical differences between the Wallet and the Trading Wallet, please see this article. To put it simply, the Trading Wallet allows you to receive the crypto you Buy, Sell your crypto, Swap your crypto, and more, in less time and with fewer fees. You can learn more about how you can use your Trading Wallet and how its functionality differs from the Wallet here.
Crypto in the Trading Wallet
When you have crypto in your Trading Wallet, whether from buying crypto, Swapping, withdrawing from your Interest account, or transferring to your Trading Wallet, you can store it there and easily use it for many types of transactions. However, if you’d like to send the crypto to an external address, you must first withdraw it from your Trading Wallet balance to your non-custodial wallet. You can learn more about withdrawing from, and sending to, your Trading Wallet in this article.
USD, GBP, and EUR cash wallets enable users to deposit and withdraw funds from their bank directly into the Blockchain.com Wallet or simply exit a crypto position into stable cash. When you’re ready to buy again, you can use your money in your trading wallet to buy crypto in seconds without having to wait for a payment to arrive. You can learn more about cash wallets this article.
More Information about the Trading Wallet
You can find more details and information about the Trading Wallet here. If you have any questions or we can be of any assistance, please contact our Support Team and we will be happy to assist.