Are there any fees associated with Coinbase's custody service?
Rico MaldonadoFeb 17, 2021 · 4 years ago3 answers
Can you please provide more information about the fees associated with Coinbase's custody service? How much do they charge for storing and safeguarding digital assets? Are there any additional fees for withdrawals or transfers?
3 answers
- madixMay 15, 2025 · a month agoYes, Coinbase does charge fees for their custody service. The fees vary depending on the size of your account and the type of assets you are storing. Generally, Coinbase charges a percentage fee based on the assets under custody. For example, if you are storing Bitcoin, the fee might be 0.1% of the total value of your Bitcoin holdings. It's important to note that these fees are subject to change and it's always a good idea to check Coinbase's website for the most up-to-date information.
- TheSC4Jun 08, 2022 · 3 years agoAbsolutely! Coinbase's custody service does come with fees. The fees are based on a tiered structure, meaning the more assets you store, the lower the percentage fee. The fees cover the costs associated with securely storing and safeguarding your digital assets. Additionally, Coinbase may charge additional fees for withdrawals or transfers. It's recommended to review Coinbase's fee schedule for specific details on the current fee structure.
- Damsgaard LivingstonJun 18, 2021 · 4 years agoYes, there are fees associated with Coinbase's custody service. However, the fees are competitive compared to other custodial services in the industry. Coinbase aims to provide a secure and reliable storage solution for digital assets, and the fees charged contribute to maintaining the high level of security and infrastructure required. It's worth noting that Coinbase regularly reviews and adjusts their fee structure to remain competitive and provide value to their customers.
Top Picks
How to Trade Options in Bitcoin ETFs as a Beginner?
1 2109Who Owns Microsoft in 2025?
2 174Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 165The Smart Homeowner’s Guide to Financing Renovations
0 159How to Score the Best Rental Car Deals: 10 Proven Tips to Save Big in 2025
0 053What Is Factoring Receivables and How Does It Work for Businesses?
1 048
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More