BANKEX CUSTODY SERVICE PRICE
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Custody fee

Regular Custody Accounts

Client crypto assets are custodied on commingled addresses in BANKEX cold storage system

Segregated Custody Accounts

Client crypto assets are segregated and stored on unique addresses in BANKEX cold storage system can be verifiable and auditable

Minimum deposit

No No

Storage fee, per month

0.2% Coming soon

Withdrawal fee

No Coming soon

Regular Custody Accounts

Client crypto assets are custodied on commingled addresses in BANKEX cold storage system

Minimum deposit

No

Storage fee, per month

0.2%

Withdrawal fee

No

Segregated Custody Accounts

Client crypto assets are segregated and stored on unique addresses in BANKEX cold storage system can be verifiable and auditable

Minimum deposit

No

Storage fee, per month

Coming soon

Withdrawal fee

Coming soon

Storage MONTHLY FEE

Every month we charge a commission for safeguarding crypto assets.

It’s calculated as % of the total stored amount of each type of currency.

BKX

Free

BTC

0.2% per month

or FREE while storing 5000 BKX for every 1 BTC Comming soon
ETH

0.2% per month

or FREE while storing 150 BKX for every 1 ETH Comming soon
BCH

0.2% per month

or FREE while storing 500 BKX for every 1 BCH Comming soon
LTC

0.2% per month

or FREE while storing 50 BKX for every 1 LTC Comming soon
BKX Free
BTC 0.2% per month
or FREE while storing 5000 BKX for every 1 BTC
Comming soon
ETH 0.2% per month
or FREE while storing 150 BKX for every 1 ETH
Comming soon
BCH 0.2% per month
or FREE while storing 500 BKX for every 1 BCH
Comming soon
LTC 0.2% per month
or FREE while storing 50 BKX for every 1 LTC
Comming soon

To find out the the actual amount of fee for each stored currency, you can always check your personal service account.

Here is how commissions are charged:

  • On the 1st day of every month, we collect commissions of the previous month. (commissions of different currency types will be collected all at once)
  • If all the funds in the account needed to be withdrawn, we charge commissions on the moment of the withdrawal based on the balance in the account.
  • After a withdrawal operation, if the balance in the account becomes equal to or lower than the commission, the commission will be charged based on the balance at the moment of the withdrawl.
  • In case the account balance becomes equal to or lower than the current commission, we will inform you and charge the commission.
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