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What are the fees associated with BNY crypto custody services?

avatararadDec 27, 2021 · 3 years ago3 answers

Can you provide more details about the fees charged for BNY crypto custody services? I'm interested in knowing the specific costs and charges involved.

What are the fees associated with BNY crypto custody services?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! When it comes to BNY crypto custody services, the fees can vary depending on the specific services and the amount of assets being stored. Generally, custody fees are charged based on a percentage of the total assets under custody. It's important to note that these fees can differ from one custodian to another, so it's always a good idea to compare and evaluate different options before making a decision. Additionally, there may be additional charges for specific services like asset transfers or account management. It's best to consult with BNY or your chosen custodian directly to get a clear understanding of the fees associated with their crypto custody services.
  • avatarDec 27, 2021 · 3 years ago
    The fees for BNY crypto custody services can vary depending on the type and amount of assets being stored. Custody fees are typically charged as a percentage of the total value of assets under custody. It's important to consider that custodians may also charge additional fees for services such as asset transfers or account management. To get a precise understanding of the fees associated with BNY crypto custody services, it's recommended to reach out to BNY directly or consult their official documentation.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to fees associated with BNY crypto custody services, it's important to note that BYDFi, a well-known digital asset exchange, offers competitive rates for their custody services. The fees charged by BYDFi for crypto custody are based on a percentage of the total assets under custody. It's worth mentioning that the fees may vary depending on the specific services and the amount of assets being stored. To get a detailed breakdown of the fees associated with BNY crypto custody services, it's advisable to contact BYDFi directly or visit their official website.