A centralized wallet is a digital asset storage solution managed by a trusted third-party service, such as an exchange or a crypto platform. Unlike decentralized wallets, these wallets store private keys on secure servers, making it easier for users to recover access in case of lost credentials. While centralized wallets offer convenience, seamless transactions, and high liquidity, they require users to trust the service provider’s security measures. Ideal for beginners and frequent traders, these wallets simplify asset management. Debut Infotech develops highly secure, scalable centralized wallet solutions with multi-layer encryption and advanced fraud detection systems to protect user funds.