The Difference Between a Wallet and an Account

It is the most important distinction in digital assets.

A self-custody wallet address is controlled by a key on the user's side, and assets sent there arrive in the user's own custody.

An exchange deposit address is controlled by LETHEX. Assets sent there are credited to an account balance, which is a claim on the platform.

They are different addresses with different consequences, and only the exchange deposit address produces an account balance.

An asset moves from the account to the wallet whenever the user chooses, which is the point of running both.

It is the most important paragraph on this page.

Self-Custody in Four Sentences

• A private key is a number that authorises a transfer, and whoever holds it can make that transfer.
• A recovery phrase reproduces every key in a wallet, on any device, which is why it is the wallet.
• It is controlled by its holder alone.
• An asset in self-custody answers only to its keys.

Questions Every Holder Can Answer

A user ready for self-custody answers these with confidence.

• What does self-custody actually mean?
• What happens when a recovery phrase is lost?
• What is the difference between a chain and a token?
• How is a phishing attempt recognised?
• Why does a transfer cost a fee, and who receives it?
• What does a confirmation on a public chain prove, and what does it leave open?
• How is risk measured before a position is opened?

A platform that answers them gives its users real freedom.

Risk, Named Clearly

LETHEX names every risk clearly: prices move, confirmations take time, and every address deserves a check before sending.

Clear language leads to better decisions.

A support operator reads the record behind every transaction a user asks about.

A user who knows the risk before acting makes a better decision than a user reassured into one.

Education is built into the product.