Are there any additional fees for holding digital assets with iTrustCapital?
Antonia BronarsJan 12, 2022 · 3 years ago3 answers
What are the fees associated with holding digital assets with iTrustCapital? Do they charge any additional fees apart from the regular trading fees?
3 answers
- Jan 12, 2022 · 3 years agoWhen it comes to holding digital assets with iTrustCapital, there are a few fees to keep in mind. Firstly, iTrustCapital charges a monthly account fee, which covers the cost of maintaining your account and providing you with access to their platform. Additionally, there may be custodial fees associated with storing your digital assets securely. These fees are typically charged by the custodian that iTrustCapital partners with. It's important to note that these fees are separate from the regular trading fees that you may incur when buying or selling digital assets on the platform. It's always a good idea to review the fee structure and consult with iTrustCapital directly for the most up-to-date information on fees.
- Jan 12, 2022 · 3 years agoYes, there are additional fees for holding digital assets with iTrustCapital. Apart from the regular trading fees, iTrustCapital charges a monthly account fee and custodial fees. The monthly account fee covers the cost of maintaining your account and providing you with access to their platform. The custodial fees are associated with securely storing your digital assets. These fees are usually charged by the custodian that iTrustCapital partners with. It's important to be aware of these fees and factor them into your investment strategy.
- Jan 12, 2022 · 3 years agoHolding digital assets with iTrustCapital does come with additional fees. In addition to the regular trading fees, iTrustCapital charges a monthly account fee and custodial fees. The monthly account fee covers the cost of maintaining your account and providing you with access to their platform. The custodial fees are associated with securely storing your digital assets. These fees are typically charged by the custodian that iTrustCapital works with. It's important to consider these fees when evaluating the overall cost of holding digital assets with iTrustCapital.
Related Tags
Hot Questions
- 72
What are the advantages of using cryptocurrency for online transactions?
- 70
How can I protect my digital assets from hackers?
- 56
How does cryptocurrency affect my tax return?
- 52
Are there any special tax rules for crypto investors?
- 47
What are the tax implications of using cryptocurrency?
- 46
How can I buy Bitcoin with a credit card?
- 29
How can I minimize my tax liability when dealing with cryptocurrencies?
- 16
What are the best practices for reporting cryptocurrency on my taxes?