How does the Cold Storage Powered by Fidelity custody work and what are the fees?

The Cold Storage Powered by Fidelity Digital Assets option means you have institutional grade custody from our great partner Fidelity who has been providing Bitcoin custody since 2013.

This option incurs an annual 1% custody fee, which is billed monthly as 0.083% of the average market value of your Bitcoin in the last 30 days.

Every custody model has 1% transaction fees for digital asset purchases and trades.