> For the complete documentation index, see [llms.txt](https://docs.solflare.com/solflare/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.solflare.com/solflare/overview/benefits-of-non-custodial-wallets.md). # Benefits of Non-Custodial Wallets When using non-custodial wallets, your capital is accessible as long as the blockchain its on is working. If you want to trade digital assets like tokens, NFTs, or on-chain [perpetual futures contracts](https://academy.solflare.com/what-are-perpetual-futures-contacts-%ef%bf%bc/), you do so with a digital wallet. {% hint style="info" %} Digital wallets are what connect you to blockchains and web3. {% endhint %} If the country you live in has a failing currency and experiences consistent bank runs, you can securely store stablecoins like USDC that retain value while not being infringed by intermediaries like untrustworthy regional banks or brokers. But as Uncle Ben [said](https://www.google.com/search?q=with+great+power+comes+great+responsibility\&sxsrf=ALiCzsbr9L_RlRYif4vWUf6sqqLA1hMuhg:1661274312475\&source=lnms\&tbm=isch\&sa=X\&ved=2ahUKEwiVsJOKud35AhXyMlkFHVeqB8EQ_AUoAXoECAIQAw\&biw=1920\&bih=973#imgrc=3XQJ2Lqh6Z-GkM)... ### With Great Power Comes Great Responsibility * If you lose your mnemonic/recovery phrase for a wallet, you lose access to the funds in that wallet and no one can recover them for you. * If you connect your wallet to a website/blockchain application or click on a [phishing](https://www.phishing.org/what-is-phishing) link, your wallet could be drained entirely by a malicious person or robot. That's it, but that's a lot. It's imperative that you safeguard your digital assets. You can do so by following best practices and continuing to learn about digital security. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.solflare.com/solflare/overview/benefits-of-non-custodial-wallets.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.