Networks, custody and security explained visually.
3 lessons · ~12 min · Introductory level
LESSON 01 / 03
Asset, network and product
01Which asset?
→
02Which network?
→
03Which product?
Connect the concepts
A crypto asset and the network it uses are different concepts. The same commercial identifier may appear on different networks. A derivative on its price is also not equivalent to owning the token. Before assessing an operation, identify the asset, product, network and associated rights.
With self-custody, you take responsibility for protecting keys and recovering access. With third-party custody, you also depend on the provider’s controls and terms. A recovery phrase may give control of assets: never share it with support, forms or messages. Lost access can be irreversible.
Price can move quickly while few buyers or sellers are available. Order size may affect execution. Continuous trading in some markets does not mean liquidity, access or withdrawals are always available. Also assess counterparty risk and regulatory changes; do not confuse popularity with safety.