What is the cost structure for trust services related to cryptocurrencies offered by Fidelity?

3 answers

• Feb 17, 2022 · 3 years ago
  The cost structure for trust services related to cryptocurrencies offered by Fidelity varies depending on the specific service and the amount of assets being managed. Generally, Fidelity charges a percentage-based fee on the assets under management. This fee is typically calculated on a quarterly basis and can range from 0.25% to 1% of the total assets. Additionally, there may be other fees involved such as transaction fees, custody fees, and account maintenance fees. It's important to review the specific terms and conditions of the trust services offered by Fidelity to understand the complete cost structure.
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• Feb 17, 2022 · 3 years ago
  When it comes to trust services related to cryptocurrencies offered by Fidelity, the cost structure is typically based on a percentage of the assets under management. This means that the more assets you have, the higher the fees will be. In addition to the percentage-based fee, there may also be other fees involved such as transaction fees or custody fees. It's important to carefully review the terms and conditions of the trust services to understand the full cost structure and any potential additional fees.
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• Feb 17, 2022 · 3 years ago
  As a third-party provider, BYDFi offers trust services related to cryptocurrencies with a transparent and competitive cost structure. The fees for these services are calculated based on the assets under management and are typically charged as a percentage of the total assets. In addition to the percentage-based fee, there may be other fees involved such as transaction fees or custody fees. BYDFi strives to provide cost-effective solutions for clients seeking trust services for cryptocurrencies, ensuring transparency and fair pricing.
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