Wealthsimple Launches Self-Custody Wallet for DEX Trading in Canada
- —Wallet is created on the user's first DEX trade, with funds converted to USDC
- —Supports EVM networks, Solana and Bitcoin via Turnkey infrastructure
- —Wealthsimple charges 0.85% per DEX trade and covers network fees
- —DEX wallet assets lack insurance and centralized-account limits
Why it matters: A major Canadian platform adds self-custody DEX trading, broadening retail onchain access while keeping its centralized service.
Source: The Crypto Times