What are the fees associated with using Coinbase custody for storing digital assets?

1 answers

• Mar 22, 2022 · 3 years ago
  As an expert in the field, I can tell you that Coinbase custody charges fees for storing digital assets. The initial setup fee is $10,000, which covers the onboarding and security setup. On top of that, there is a monthly fee based on the value of the assets stored. The fee structure starts at 0.1% per month for assets worth up to $10 million, with a minimum monthly fee of $1,000. The percentage decreases as the asset value increases. It's important to note that these fees may differ from other custodial services in the cryptocurrency industry. To get a clear understanding of the fees and how they compare, it's best to directly contact Coinbase or compare their fees with other custodial services in the market.
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