Why use a non-custodial wallet for Monero?

With a non-custodial wallet, you have full control over your private keys, reducing the risk of hacking or theft. Custodial wallets are often targeted by hackers as they store a large number of funds in a single place, whereas non-custodial wallets distribute the risk across various users. Non-custodial wallets give you complete control over your funds, allowing you to send and receive transactions without any restrictions. You are not dependent on the availability or policies of a custodial service, and can manage your funds independently. Overall, non-custodial wallets provide greater privacy, security, control, and freedom compared to custodial solutions provided by platforms such as Binance and Coinbase.