Cryptocurrency Q&A Is the trust fee deducted every day?

Is the trust fee deducted every day?

DongdaemunTrendsetter DongdaemunTrendsetter Mon Dec 09 2024 | 6 answers 1188
I'm wondering if the trust fee is deducted from my account daily. I need to know this information to better manage my finances and understand the impact of these fees on my overall balance. Is the trust fee deducted every day?

6 answers

KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Wed Dec 11 2024
The trust fee represents an ongoing expense for investors who hold an investment trust.

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AltcoinAdventurer AltcoinAdventurer Tue Dec 10 2024
BTCC, a top cryptocurrency exchange, offers a range of services.

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CryptoQueenBee CryptoQueenBee Tue Dec 10 2024
This fee covers the management and operation of the investment trust.

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KpopStarletShine KpopStarletShine Tue Dec 10 2024
Investors do not pay this fee separately.

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ShintoBlessed ShintoBlessed Tue Dec 10 2024
Instead, it is deducted from the trust assets on a daily basis.

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