> For the complete documentation index, see [llms.txt](https://docs.pivy.me/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pivy.me/basics/concepts/self-custody.md).

# Self-Custody

Self-custody is the foundational principle of true ownership in crypto, best summarized by the phrase: 

> "Not your keys, not your assets."

#### What it Means

It means you, and only you, hold the private keys (the cryptographic secret) that grant access to and control over your crypto assets.

When you self-custody your funds, you eliminate the need to trust a third party (like an exchange or a central bank) to hold your assets for you. You have complete, autonomous control to send, receive, and manage your assets anytime, without permission or potential interference.

{% hint style="warning" %}

## The Trade-off

Self-custody means you have **full responsibility** over your assets, **you are your own bank**. You can freely use your assets, but If you lose the access, those funds are lost forever. **No one, not PIVY or your wallet provider**, can get them back for you.
{% endhint %}


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