Basics
What does custodial mean?
Custodial means a third party holds and controls your funds on your behalf—like a bank or centralized exchange. They manage the private keys, so you're trusting them with your assets. MYKOBO is non-custodial: your stablecoins go directly to your ...
What is cryptocurrency?
Cryptocurrencies are digital assets that use cryptography and blockchain technology to enable secure, decentralized transactions without the need for banks or intermediaries. Unlike traditional currencies issued by governments, cryptocurrencies ...
What is on-chain and off-chain?
On-chain refers to transactions recorded on the blockchain—like sending EURC to another wallet. These are transparent and immutable. Off-chain refers to processes outside the blockchain—like your EUR bank transfer to MYKOBO. We bridge these two ...
What is a wallet address?
A wallet address is a unique string of characters that identifies your wallet on a blockchain—like a bank account number for crypto. On Stellar, addresses start with "G"; Solana addresses are longer alphanumeric strings. Always double-check your ...
What is a blockchain?
A blockchain is a decentralised digital ledger that records transactions across a network of computers. Each "block" contains transaction data linked to the previous block, creating an immutable chain. This enables cryptocurrencies to operate without ...
What does non-custodial mean?
Custodial services hold your funds on your behalf—like a traditional bank or exchange. They control the private keys to your stablecoins. Non-custodial means you maintain full control of your funds. With MYKOBO, stablecoins go directly to your ...