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What is the minimum investment required to use Coinbase Custody?

avatarKaplan BarberNov 24, 2021 · 3 years ago3 answers

Can you please provide more details about the minimum investment required to use Coinbase Custody? What is the specific amount needed to start using their custody services?

What is the minimum investment required to use Coinbase Custody?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    To use Coinbase Custody, the minimum investment required is $10 million. This ensures that only institutional investors with significant assets can access their services. It's a high entry barrier, but it also provides a higher level of security and compliance for large-scale cryptocurrency holdings.
  • avatarNov 24, 2021 · 3 years ago
    The minimum investment required to use Coinbase Custody is $10 million. This is because Coinbase Custody primarily caters to institutional investors who have substantial cryptocurrency holdings. By setting a high minimum investment, Coinbase Custody aims to provide a secure and reliable custody solution for large-scale investors.
  • avatarNov 24, 2021 · 3 years ago
    Coinbase Custody has a minimum investment requirement of $10 million. This ensures that only serious institutional investors can access their services. If you're an individual investor or have a smaller portfolio, you may want to consider other custody options that have lower entry barriers, such as BYDFi, which offers a more accessible solution for retail investors.