According to Odaily, Bitcoin Suisse has announced the cancellation of cryptocurrency custody fees for USDC holdings, effective immediately. This strategic move allows customers to store their USDC holdings in their Bitcoin Suisse online accounts free of charge.
This decision by Bitcoin Suisse is expected to encourage more customers to store their USDC holdings with them, potentially increasing their customer base and enhancing their market position. The immediate effect of this policy change provides an advantage to customers who can now manage their USDC holdings without incurring additional costs.
It's important to note that this change only applies to USDC holdings. Other cryptocurrencies may still be subject to custody fees. Bitcoin Suisse has not released any information regarding changes to fees for other cryptocurrencies at this time.