A non-custodial wallet is a way for the owner of cryptocurrencies to fully manage their own funds, managing their private keys and transactions themselves. These wallets exist as browser-based extensions, mobile apps, or hardware devices, the latter being considered the most secure. Users receive a seed phrase and generate a public key and a private key, which serve as a backup in case of device loss. However, if you lose your seed phrase, you will lose access to your funds. Users are in charge of managing and executing transactions, which are either reflected in real time or signed offline and confirmed on the blockchain later.
If you send Pepe to a non-custodial wallet, be sure to also include ETH. Once you’ve put Pepe into a non-custodial wallet, you’ll need ETH (Ethereum) as gas to move Pepe to another wallet afterwards. We strongly recommend sending ETH along with Pepe (ETH gas fees are skyrocketing. It’s a good idea to put in at least $100) to cover these costs.