Custody fee
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Are there management fees for coins purchased on cryptocurrency exchanges?
Cryptocurrency exchanges typically do not charge "management fees" or "custody fees" for digital assets held by ordinary users. However, users incur trading fees (maker and taker fees) during transactions, deposit fees (which may apply to fiat deposits), and withdrawal fees. Professional digital asset custody services for institutional clients do charge custody fees and usually have high minimum balance requirements. Some exchanges may also impose inactivity fees on accounts that have been dormant for an extended period.
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Are there management fees for coins purchased on cryptocurrency exchanges?
Cryptocurrency exchanges typically do not charge "management fees" or "custody fees" for digital assets held by ordinary users. However, users incur trading fees (maker and taker fees) during transactions, deposit fees (which may apply to fiat deposits), and withdrawal fees. Professional digital asset custody services for institutional clients do charge custody fees and usually have high minimum balance requirements. Some exchanges may also impose inactivity fees on accounts that have been dormant for an extended period.
Custody fee
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