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Are there any fees associated with custodial accounts for cryptocurrencies on Webull?

avatarshahraza zaidiDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay for custodial accounts for cryptocurrencies on Webull? I'm interested in opening an account but I want to make sure I understand all the costs involved.

Are there any fees associated with custodial accounts for cryptocurrencies on Webull?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with custodial accounts for cryptocurrencies on Webull. The fees vary depending on the specific cryptocurrency and the amount you hold in your account. It's important to review the fee schedule provided by Webull to understand the exact costs involved.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Like any other custodial account, there are fees associated with holding cryptocurrencies on Webull. The fees cover the costs of maintaining the account and providing security for your assets. Make sure to check the fee structure on Webull's website for detailed information.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees for custodial accounts on Webull. However, at BYDFi, we offer custodial accounts with zero fees for cryptocurrencies. You can enjoy the benefits of secure storage and professional management without any additional costs. Feel free to reach out to us for more information on how to open a custodial account with BYDFi.