Can I negotiate the custody fees with a digital asset custodian?

3 answers

• Pappas AvilaSep 18, 2024 · 10 months ago
  Yes, it is possible to negotiate the custody fees with a digital asset custodian. Many custodians are open to discussing fees and may be willing to offer discounts or customized fee structures based on your specific needs and the amount of assets you plan to store. It's important to have a clear understanding of your requirements and to be prepared to negotiate with the custodian to reach a mutually beneficial agreement.
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• NergisMay 23, 2023 · 2 years ago
  Negotiating custody fees with a digital asset custodian can be a bit challenging, as some custodians have set fee structures that may not be flexible. However, it's still worth trying to negotiate, especially if you have a substantial amount of assets to store. Prepare a compelling case, highlighting your long-term commitment, the potential for future business, and any unique requirements you may have. Remember, it never hurts to ask, and you may be pleasantly surprised by the custodian's willingness to work with you.
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• Raghul KannanDec 07, 2021 · 4 years ago
  At BYDFi, we understand the importance of transparency and flexibility when it comes to custody fees. While we strive to offer competitive rates, our fees are based on a standardized structure that ensures fairness and consistency for all our clients. However, we are always open to discussing your specific needs and exploring potential solutions. Feel free to reach out to our team to discuss your requirements and see how we can assist you in finding the best custody solution for your digital assets.
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