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Are there any fees associated with using a custody account for Celsius digital currencies?

avatarPraveen DesaiDec 28, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using a custody account for Celsius digital currencies? I'm interested in knowing the costs involved before I decide to use this service.

Are there any fees associated with using a custody account for Celsius digital currencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using a custody account for Celsius digital currencies. The fees can vary depending on the specific services you require. Some common fees include account setup fees, transaction fees, and withdrawal fees. It's important to carefully review the fee structure provided by Celsius to understand the costs involved.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When using a custody account for Celsius digital currencies, you should expect to pay certain fees. These fees can include account maintenance fees, deposit fees, and transaction fees. It's always a good idea to check the official website or contact Celsius directly to get the most up-to-date information on the fees associated with their custody accounts.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using a custody account for Celsius digital currencies. However, the specific fees can vary depending on the platform or exchange you choose to use. For example, BYDFi offers competitive fees for their custody accounts, making it a popular choice among users. It's recommended to compare the fees and features of different platforms before making a decision.