What are the custodial fees for crypto?

When it comes to the annual fee for cryptocurrency custody at BTCC, users are charged 0.40% (40bps) of the total value of their stored assets. This fee structure ensures that the exchange can maintain the highest levels of security and protection for customers' funds.

BTCC, a premier cryptocurrency exchange, offers a comprehensive range of services catering to the needs of traders and investors alike. Among its diverse offerings, one of the key services is cryptocurrency custody, which allows users to securely store their digital assets.

In addition to the annual fee, BTCC imposes a withdrawal fee of $125 per transaction. This fee is designed to discourage frequent withdrawals and encourage users to keep their funds secure within the exchange's custody system. It also helps to cover the costs associated with processing withdrawals and ensuring their timely completion.

The custody services offered by BTCC are backed by advanced security measures, including multi-signature wallets, cold storage solutions, and robust firewalls. These measures work in tandem to protect users' assets from unauthorized access, theft, and other potential risks.

Besides custody, BTCC also provides a variety of other services such as spot trading, futures trading, and wallet management. These services cater to the diverse needs of traders and investors, allowing them to buy, sell, and manage their digital assets with ease and confidence.