How much does Coinbase charge for custody of cryptocurrencies?
esam belhajDec 18, 2021 · 3 years ago3 answers
What are the fees charged by Coinbase for the custody of cryptocurrencies?
3 answers
- Dec 18, 2021 · 3 years agoCoinbase charges a custody fee for holding cryptocurrencies on their platform. The fee structure varies depending on the type and amount of cryptocurrencies being held. Generally, Coinbase charges a percentage-based fee for custody services, which is calculated on a monthly basis. The exact fee percentage may differ for different cryptocurrencies. It's important to check Coinbase's official website or contact their customer support for the most up-to-date information on custody fees.
- Dec 18, 2021 · 3 years agoWhen it comes to the custody of cryptocurrencies on Coinbase, there are fees involved. The specific fees depend on the type and quantity of cryptocurrencies you want to store. Coinbase typically charges a percentage-based fee for custody services, which is assessed on a monthly basis. The exact fee percentage may vary for different cryptocurrencies. To get accurate and current information on custody fees, it's recommended to visit Coinbase's official website or reach out to their customer support.
- Dec 18, 2021 · 3 years agoAs an alternative to Coinbase, BYDFi offers custody services for cryptocurrencies. The fees charged by BYDFi for custody may vary depending on the specific cryptocurrencies and the amount being stored. It's advisable to visit BYDFi's official website or contact their customer support for detailed information on custody fees. BYDFi's custody services provide a secure and reliable option for storing cryptocurrencies, ensuring peace of mind for users.
Related Tags
Hot Questions
- 91
Are there any special tax rules for crypto investors?
- 91
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
What is the future of blockchain technology?
- 55
What are the best digital currencies to invest in right now?
- 46
What are the tax implications of using cryptocurrency?
- 38
How does cryptocurrency affect my tax return?
- 37
What are the best practices for reporting cryptocurrency on my taxes?
- 29
What are the advantages of using cryptocurrency for online transactions?