What is the minimum investment required to use Coinbase Custody?
Suman ChakrabortyMay 05, 2022 · 3 years ago3 answers
Can you please provide more details about the minimum investment required to use Coinbase Custody? What is the specific amount needed to start using their custody services?
3 answers
- May 05, 2022 · 3 years agoTo use Coinbase Custody, the minimum investment required is $10 million. This ensures that only institutional investors with significant assets can access their services. It's a high entry barrier, but it also provides a higher level of security and compliance for large-scale cryptocurrency holdings.
- May 05, 2022 · 3 years agoThe minimum investment required to use Coinbase Custody is $10 million. This is because Coinbase Custody primarily caters to institutional investors who have substantial cryptocurrency holdings. By setting a high minimum investment, Coinbase Custody aims to provide a secure and reliable custody solution for large-scale investors.
- May 05, 2022 · 3 years agoCoinbase Custody has a minimum investment requirement of $10 million. This ensures that only serious institutional investors can access their services. If you're an individual investor or have a smaller portfolio, you may want to consider other custody options that have lower entry barriers, such as BYDFi, which offers a more accessible solution for retail investors.
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