What are the fees associated with using Coinbase as a qualified custodian for my digital assets?
Andrew LeonardDec 27, 2021 · 3 years ago3 answers
I would like to know the fees associated with using Coinbase as a qualified custodian for my digital assets. Can you provide me with a breakdown of the fees involved?
3 answers
- Dec 27, 2021 · 3 years agoWhen using Coinbase as a qualified custodian for your digital assets, there are several fees to consider. Coinbase charges a custody fee, which is a percentage of your total digital asset holdings. The custody fee varies depending on the size of your holdings, with larger holdings generally receiving a lower fee percentage. Additionally, Coinbase may charge transaction fees for certain actions, such as transferring your assets to another wallet or exchanging between different cryptocurrencies. It's important to review Coinbase's fee schedule for the most up-to-date information on the specific fees associated with using their custodial services.
- Dec 27, 2021 · 3 years agoUsing Coinbase as a qualified custodian for your digital assets comes with fees. These fees include a custody fee based on the value of your assets, as well as transaction fees for certain actions. The custody fee is typically a percentage of your total holdings, and the exact percentage may vary depending on the size of your assets. Transaction fees may apply when you perform actions such as transferring your assets or trading between different cryptocurrencies. To get a clear understanding of the fees, it's recommended to review Coinbase's fee schedule on their official website.
- Dec 27, 2021 · 3 years agoAs a qualified custodian for your digital assets, Coinbase offers custodial services with associated fees. The custody fee is based on a percentage of your total holdings and may vary depending on the size of your assets. Coinbase also charges transaction fees for specific actions, such as transferring your assets or trading between different cryptocurrencies. It's important to note that these fees are subject to change and it's advisable to refer to Coinbase's official website for the most accurate and up-to-date information on their fee structure.
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