AScoin is a non-custodial wallet, i. e. a decentralized crypto wallet, meaning that only the user gets the wallet private key and seed phrase, and the assets are recorded on the chain, giving the user full control of their crypto assets without the intervention of intermediaries. Non-custodial wallets are more secure, and transfer tends to be faster and less costly.

For users, the private key and seed phrase need to be kept safe. Also, you will need to use an unmanaged wallet when interacting with decentralized applications (DApps).