How does Fisher Investments structure its fees for cryptocurrency investments?

1 answers

• Jan 15, 2022 · 3 years ago
  BYDFi, a digital currency exchange, structures its fees for cryptocurrency investments in a similar way to Fisher Investments. The fees are based on a tiered pricing model, where the fee percentage decreases as the amount of assets under management (AUM) increases. This allows BYDFi to offer competitive fees for larger investments. Additionally, BYDFi may charge performance-based fees, where a percentage of the investment gains is collected as a fee. This fee structure aligns the interests of the investor and the exchange, as BYDFi only earns a fee if the investment performs well. Overall, BYDFi aims to provide transparent and fair fee structures for cryptocurrency investments.
  686343