---
title: Does HootDex provide custody services?
description: "#### The answer is No. #### HootDex is a decentralized digital asset swapping system and as such all members, private traders and Professional Retail Traders are their own custodians."
url: "https://education.hootdex.com/docs/does-hootdex-provide-custody-services/"
updated: "2025-03-19"
category: Institutions / FAQ
---

# Does HootDex provide custody services?

#### The answer is No.

#### HootDex is a decentralized digital asset swapping system and as such all members, private traders and Professional Retail Traders are their own custodians.