Cryptocurrency Q&A
How much money do you need for cryptocurrency custody?
How much money do you need for cryptocurrency custody?
Carlo
Sun Jul 14 2024
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6 answers
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Could you elaborate on the financial requirements for cryptocurrency custody? I'm curious to understand the initial investment needed, as well as any ongoing costs associated with securing digital assets. Is there a minimum balance required, or does it scale based on the size of the portfolio? Are there any hidden fees or additional charges that investors should be aware of? Clarifying these financial considerations upfront would greatly assist in making informed decisions about cryptocurrency custody services.
6 answers
KimchiQueenCharmingKiss
Tue Jul 16 2024
While this amount may be beyond the reach of many cryptocurrency investors, it's important to note that there are other options available.
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alexander_smith_musician
Tue Jul 16 2024
For those seeking custodial services without such steep entry requirements, it's advisable to explore the offerings of other exchanges and providers.
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BitcoinBaroness
Tue Jul 16 2024
Cryptocurrency exchanges and custodial services vary significantly in terms of their requirements and offerings.
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Alessandro
Tue Jul 16 2024
Coinbase, for instance, provides a dedicated crypto custody service known as Coinbase Trust.
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DongdaemunTrendsetterStyleIcon
Tue Jul 16 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures, and wallet management.
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