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Policy

What Happens to Your Crypto if a Wallet App Disappears?

A wallet app may stop working, but blockchain balances do not live inside the app. The critical question is who controls the private keys. With a self-custody wallet, users can often recover

AnonymousCryptoCompass newsroom
November 6, 2026
1 min read
NEWS
Hero article visual / chart / editorial image
CryptoCompass editorial visual for policy coverage.

A wallet app may stop working, but blockchain balances do not live inside the app.

The critical question is who controls the private keys.

With a self-custody wallet, users can often recover access through another compatible wallet if they still have their recovery phrase or keys.

With a custodial service, the provider manages the keys, and recovery depends on its systems and policies.

A blockchain explorer can show the balance associated with a public address, but viewing a balance is not the same as being able to spend it.

Never share a recovery phrase with anyone claiming to offer support.

The same distinction matters when choosing applications for Decimal and $DEL.

https://decimalchain.com/blog/chto-budet-esli-kriptokoshelek-zakroetsya-en/