Can I negotiate the custodian fees for my cryptocurrency holdings?

3 answers

• Mar 19, 2022 · 3 years ago
  Yes, it is possible to negotiate the custodian fees for your cryptocurrency holdings with the exchange or custodian. Many exchanges and custodians are open to negotiation, especially if you have a significant amount of cryptocurrency holdings. It's worth reaching out to them and discussing your situation to see if they are willing to offer you a better fee structure.
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• Mar 19, 2022 · 3 years ago
  Negotiating custodian fees for your cryptocurrency holdings is similar to negotiating fees for other financial services. It's important to have a clear understanding of the market rates and fees charged by other exchanges and custodians. This will give you leverage when negotiating with your current custodian. Be prepared to make a compelling case for why they should lower their fees for you.
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• Mar 19, 2022 · 3 years ago
  At BYDFi, we understand the importance of fair custodian fees for cryptocurrency holdings. While we cannot speak for other exchanges or custodians, we strive to provide competitive and transparent fee structures for our users. If you have any concerns or questions about custodian fees, please feel free to reach out to our support team for assistance.
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