Are there any cryptocurrency exchanges that do not charge dormancy fees?
Djstover68Jan 07, 2022 · 3 years ago3 answers
Can you recommend any cryptocurrency exchanges that do not charge dormancy fees? I'm looking for an exchange where I can hold my funds without worrying about inactivity fees.
3 answers
- Jan 07, 2022 · 3 years agoYes, there are several cryptocurrency exchanges that do not charge dormancy fees. One such exchange is Binance. Binance is one of the largest and most popular cryptocurrency exchanges in the world. It offers a wide range of trading pairs and has a user-friendly interface. Binance does not charge any fees for holding funds in your account, regardless of how long you keep them there. This makes it a great option for long-term investors who want to hold their funds without incurring any additional costs.
- Jan 07, 2022 · 3 years agoAbsolutely! There are cryptocurrency exchanges out there that understand the importance of allowing users to hold their funds without being penalized for inactivity. One example is Coinbase. Coinbase is a well-known and trusted cryptocurrency exchange that does not charge dormancy fees. They offer a secure platform for buying, selling, and storing various cryptocurrencies. So, if you're looking for an exchange that won't charge you for holding your funds, Coinbase is definitely worth considering.
- Jan 07, 2022 · 3 years agoYes, there are cryptocurrency exchanges that do not charge dormancy fees. One such exchange is BYDFi. BYDFi is a decentralized finance platform that allows users to trade and hold various cryptocurrencies. Unlike some other exchanges, BYDFi does not charge any fees for holding funds in your account, regardless of how long you keep them there. This can be a great option for users who want to hold their funds for an extended period without worrying about incurring any additional costs.
Related Tags
Hot Questions
- 95
Are there any special tax rules for crypto investors?
- 80
What are the advantages of using cryptocurrency for online transactions?
- 78
What are the best practices for reporting cryptocurrency on my taxes?
- 69
What are the tax implications of using cryptocurrency?
- 67
What is the future of blockchain technology?
- 54
How can I protect my digital assets from hackers?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?
- 26
How does cryptocurrency affect my tax return?