Cryptocurrencies and their underlying technology, Blockchain, have gained significant traction in the tech world in the last few years. Both developers and investors are showing a keen interest in incorporating these two emerging concepts into their business processes. They can relish better opportunities compared to those offered by the traditional currency models. One business model that has emerged as an ideal solution is the use of cryptocurrency wallet development. These days the debate is about how to choose the right wallet according to the custody of private keys. We will discuss in detail in this article whether to choose custodial or non-custodial crypto wallets.