Banxe offers two types of cryptocurrency wallets – the Crypto Wallet and the Pro Wallet (non-custodial). Here’s how they differ:
| Feature | Crypto Wallet | Pro Wallet |
| Storage Type | Custodial (funds are held by Banxe) | Non-custodial (only you control your funds) |
| Who Controls the Assets? | Banxe | The user only |
| Access to Private Keys | ❌ No | ✅ Yes |
| Gas Fees for Withdrawals? | ❌ No, fees are deducted automatically | ✅ Yes, e.g., TRX for TRON network transactions |
| Security Level | High - Banxe manages the funds | Maximum security, full user control |
| Beginner-Friendly? | ✅ Yes, easier to use | ⚠️ Requires basic blockchain knowledge |
| Fiat Conversion | ✅ Yes, crypto can be converted to fiat | ❌ No, fiat conversion not available |
| Transaction Screening | ✅ Yes, transactions are subject to checks | ❌ No, transactions are not screened |
Which Wallet Should You Choose?
✅ If you prefer a secure, easy-to-use wallet and the capability to easily buy & sell, without worrying about fees – choose the Crypto Wallet.
✅ If you want a wallet for storage and full control over your crypto assets – Pro Wallet is the right choice.
Important: In Pro Wallet, you are responsible for your private keys. Be sure to store them securely, as Banxe cannot recover access if they are lost.