Do crypto exchanges count as custodians?

The costs associated with a crypto custodian vary depending on the platform and the type of services offered. This ranges from basic custody services to advanced trading and research features.

The concept of a custodian platform integrating trading capabilities, research tools, and real-time market data offers a comprehensive solution for informed cryptocurrency investing.

Such a platform enables investors to manage their holdings securely while leveraging various functionalities for informed decision-making.

However, it's crucial to note that crypto exchanges do not automatically qualify as custodians, as cautioned by the SEC. This distinction is significant in terms of ensuring the safety and security of digital assets.

One such platform is BTCC, a UK-based cryptocurrency exchange that provides a wide range of services. BTCC's offerings include spot trading, futures contracts, and a secure wallet, among others.