Cryptocurrency Q&A
How do custodians make money?
How do custodians make money?
Giulia
Wed Oct 30 2024
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6 answers
1010
I'm wondering how custodians generate income. What are the various ways they can earn money, and what services do they typically provide that allow them to profit?
6 answers
Stefano
Fri Nov 01 2024
The fees charged by custodians are generally calculated based on the assets they manage.
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Carlo
Fri Nov 01 2024
Custodians generate revenue through the imposition of fees for the services they provide.
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Margherita
Thu Oct 31 2024
This fee structure is common in the industry as it aligns the custodian's interests with those of their clients.
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BlockchainBaronessGuard
Thu Oct 31 2024
In addition to asset-based fees, some custodians may also impose annual charges.
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SolitudeSeeker
Thu Oct 31 2024
Transaction-based fees are another potential revenue stream for custodians.
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