LYOWALLET is a non-custodial service created for simple and fast cryptocurrency exchanges. We strive for maximum safety, simplicity, and convenience. We do not store your funds or require any sort of account creation.
LYOWALLET is a non-custodial wallet. Once downloaded on the smartphone, it offers services to buy cryptocurrencies and trade digital assets without sharing any information with the app. Any sensitive data is 100% protected and stored only on the smartphone. This also means that the owner of the wallet is the only one responsible for their private keys.
LYOWALLET has almost 50 coins available for exchange and does not hold any limits; you can exchange as much as you want - account-free, worry-free, faster than light. The fiat option is also available - you can buy cryptocurrency with Visa or MasterCard through our third-party partner.
With a custody wallet, another party controls user's private keys. With a non-custodial wallet as LYOWALLET, the user gets a key consisting of 12 words. This is the private key that gives control and ownership of the cryptocurrency within the wallet. Despite being technically connected to the internet during a transaction, the private keys sign the transaction offline within the hardware wallet itself before being sent online to the blockchain for confirmation. For this reason, even a malware-infected computer or phone cannot access your funds when using a non-custodial hardware wallet.
Last modified 6mo ago