Cryptocurrency Q&A
Is FTX a custodian?
Is FTX a custodian?
Caterina
Thu Nov 07 2024
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6 answers
1056
I'm trying to understand if FTX operates as a custodian. I want to know if they have the responsibility to safeguard assets on behalf of their clients, or if they function differently.
6 answers
CryptoVeteran
Sat Nov 09 2024
The digital assets remained the property of their respective owners.
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Margherita
Sat Nov 09 2024
Transactions on FTX did incur fees.
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Maria
Sat Nov 09 2024
FTX served as a custodian in the cryptocurrency space.
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CryptoVanguard
Sat Nov 09 2024
However, these fees were generally lower than those charged by traditional banking institutions.
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DigitalDynasty
Sat Nov 09 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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