Does Bitnovo store my cryptocurrencies?

No, Bitnovo does not hold or custody your cryptocurrencies.

Bitnovo acts as a provider that offers you a self-custodial wallet. This means that:

• You have total control: The cryptocurrencies you hold in your Bitnovo wallet are under your exclusive control. We provide you with the technology to manage them, but at no point do we have access to your funds or your private keys.
• Your responsibility is key: As a self-custodial wallet, you are solely responsible for securely storing your seed phrase (or private key). This phrase is the master key that gives you access to your cryptocurrencies. If you lose it, we will not be able to help you recover them, as we do not store them.

At Bitnovo, your security and the security of your assets are our priority, giving you total control over your funds.