What it means
The wallet infrastructure that creates Defied's embedded wallet when you sign in with your email or Google.
Privy splits and protects the key so that neither Privy nor Defied can use it on its own. Privy is part of Stripe.
How it works
You can export your key at any time.
Related terms
| Term | What it means |
|---|---|
| Embedded wallet | A wallet created inside an app when you sign in with your email or Google, with no browser extension and no seed phrase to write down. |
| Private key | The secret that proves a wallet is yours and signs every payment from it. Whoever has it controls the wallet. |
| Self-custody | Holding your money yourself, in a wallet only you control, instead of trusting a bank or exchange to hold it. |
This glossary explains terms in general. It isn't investment, tax or legal advice.