What are the fees associated with a Celsius custody account?

3 answers

• KavinKDec 28, 2024 · a year ago
  Sure! When it comes to a Celsius custody account, there are a few fees to keep in mind. First, there is an annual account fee of 0.25% on the total value of your assets held in custody. This fee is calculated and deducted on a monthly basis. Additionally, there may be withdrawal fees depending on the type of asset you are withdrawing. Celsius provides a fee schedule on their website, so it's always a good idea to check the latest information there. Overall, the fees associated with a Celsius custody account are competitive compared to other custodial services in the market.
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• UpssyJun 06, 2024 · 2 years ago
  The fees for a Celsius custody account are relatively straightforward. As mentioned earlier, there is an annual account fee of 0.25% on the total value of your assets. This fee is prorated and deducted monthly. In terms of withdrawal fees, it varies depending on the asset. For example, withdrawing Bitcoin incurs a fee of 0.0005 BTC, while Ethereum has a withdrawal fee of 0.005 ETH. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Celsius' website.
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• PsijendevAug 30, 2024 · 2 years ago
  When it comes to the fees associated with a Celsius custody account, you'll be pleased to know that they are quite competitive. The annual account fee is 0.25% on the total value of your assets, which is lower than what some other custodial services charge. In terms of withdrawal fees, Celsius has a transparent fee schedule on their website, so you can easily find the specific fees for different assets. It's always a good idea to review the fee schedule periodically to stay up to date with any changes. Overall, Celsius offers a cost-effective custody solution for your digital assets.
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