Your DeFi Wallet and Blockchain.com Account put more power in your hands, and you can perform important functions with both. Due to their technical differences, there are also differences between what you can do with each.
What can I do with my DeFi Wallet?
- You will always be able to send, receive, and store crypto with your Blockchain.com DeFi Wallet.
What can I do with my Blockchain.com Account?
- Store your crypto
- Sell your crypto
- Use your cash balance to buy crypto
- Swap to and from your Blockchain.com Account balance, for faster settlement, and reduced or eliminated network fees
- Swap to and from your DeFi Wallet
- Transfer to and withdraw from your Rewards account
- Send crypto from your DeFi Wallet to your Blockchain.com Account, withdraw crypto from your Blockchain.com Account to your DeFi Wallet, or send crypto from your Blockchain.com Account to an external address
The Benefits of Each
If it is important to you to hold your crypto securely and retain full and sole control of your private keys, your DeFi Wallet offers this benefit to you. Anyone, including Blockchain.com, do not have access to or knowledge of the addresses within your DeFi Wallets, nor do anyone has access to your funds in any way as long as your keep your private keys, backup phrase and a password safe and secured.
Using your Blockchain.com Account provides the benefits of faster settlement times, no transaction/network fees, and better reliability, as these transactions are not subject to cryptocurrency network congestion, fee volatility, or potentially delays in confirmation. If faster settlement times and lower fees are important to you, you will love the benefits of using your Blockchain.com Account.