In the world of cryptocurrency, self-custody signifies direct ownership and control over your digital assets. Unlike other centralised exchanges, Elbaite employs this self-custody model, ensuring our customers hold exclusive access to their private keys and crypto-assets.
This innovative approach prioritises unparalleled security, making you the sole guardian of your digital wealth. Unlike many financial institutions today that expose you to custodian risks like potential hacks or malicious actors, self-custody places you firmly in the driver's seat.
You're in full control of your crypto assets, ensuring the freedom, security, and autonomy you rightfully deserve.
In the world of cryptocurrency, self-custody signifies direct ownership and control over your digital assets. Bypassing the need for centralized exchanges or institutions, you hold the exclusive keys to your crypto's access. This proactive stance prioritizes unparalleled security, making you the sole guardian of your digital wealth.
Unlike many financial institutions today that expose you to custodian risks like potential hacks or malicious actors, self-custody places you firmly in the driver's seat. You're in full control of your crypto assets, ensuring the freedom, security, and autonomy you rightfully deserve.
Most of us are familiar with physical wallets that hold cash and cards, as well as electronic wallets like those from Apple, Google, or PayPal. Similarly, a cryptocurrency wallet can be either physical or digital, but with a crucial difference: only the owner of the wallet, who possesses the private keys, can access it.
However, with great power comes great responsibility. As the sole owner of your self-custody wallet, you must ensure you protect your keys in a secure manner. Each wallet contains two 'keys'—a public key and a private key. Private keys enable access to your assets and why you must never share them. Read more about our self-custody best practices here.
Trade on Elbaite - Australia's Safest Crypto Exchange
Select a reputable hardware or software self custody wallet that suits your needs and has a strong track record for security.
Store your private keys and a backup in a separate, secure location such as a safety deposit box or secure offline storage device.
Register and start trading with Elbaite, the safest and most trusted non-custodial crypto exchange in Australia.
It is safer to keep crypto in your own crypto wallet. Remember, not your keys, not your crypto! Elbaite has adopted a unique approach to creating a safe and secure trading environment for traders looking to buy crypto. When traders use our Australian crypto exchange, they have full control and access to their tokens at all times, as Elbaite does not hold onto any cryptocurrency during the transaction process.
We also provide a better and safe experience for traders by first verifying a seller's crypto transfer via the Blockchain (TxHash) before releasing a buyer's transferred funds to the seller. Traders can then hold their crypto in any wallet of their choosing and experience no withdrawal fees.
While there are many popular Australian crypto exchange markets out there, no one is as passionate about cryptocurrency as the team at Elbaite. As a non-custodial exchange, we do not hold your cryptocurrencies and allow you to unlock financial freedom via our secure platform. Unlike other crypto exchanges, we offer traders the freedom to use any crypto wallet to conduct trades, giving them more control over their digital assets.
We want to accelerate cryptocurrency adoption, so we've worked hard to develop one of the most secure platforms. We are also an Australian-owned and operated platform with access to various cryptocurrencies in our marketplace.
No, cryptocurrencies are digital currencies you can use to make online transactions. Blockchain is the decentralised platform that facilitates transactions between traders.
Currently all cryptocurrencies available on Elbaite are on the Ethereum and Bitcoin Blockchain, which means that any Ethereum or Bitcoin wallet which you own the private keys can be used. This could be a web wallet, mobile wallet, or hardware wallet. See below for our recommended list of wallets to use.
Recommended Wallets - These are our favourite Ethereum wallets but you can use any compatible Ethereum wallet you prefer:
- MyEtherWallet (MEW)
- Trezor Hardware Wallet
- Ledger Hardware Wallet
Elbaite currently offers the following payment options: PayID, OSKO and BSB & Account Number.
Once you have successfully created and verified your Elbaite account, click Make an offer on Dashboard. Here, you choose the cryptocurrency you would like to sell and will be prompted to fill in details including quantity, price type, limits and availability times.