Dear BitMart Users,
Starting from April 30, 2025, BitMart will begin implementing a custody fee for accounts that have not logged in for at least three years.
Details of the Custody Fee Policy:
1.User Scope:
Starting from April 30, 2025, the platform will take a snapshot at the end of each month. Users who have not been logged in for three years or more will be subject to the fee.
2. Fee Collection Method and Rules:
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At the end of each month, the platform will take a snapshot of account holdings and charge a custody fee of 1% of the account balance.
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If 1% of the balance is less than 10 USDT, a minimum fee of 10 USDT will be charged.
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If the account balance is less than 10 USDT, fee will be still deducted, but the account will remain on the platform.
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The custody fee will be deducted from the asset with the highest USDT-equivalent value in the account. If that asset is insufficient, the system will proceed to the next highest-valued asset, and so on, until the required amount is collected.
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If a user transfers assets between the parent and sub-accounts during the period between the snapshot and the actual fee collection, and the transfer does not affect the platform’s ability to separately charge the custody fee for each account, the platform will charge the fees from each account separately.
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If the transfer does affect the platform's ability to separately charge the custody fee, the platform will first collect the fees from the parent account for both the parent and sub-accounts. If the parent account’s assets are insufficient, the fees will be collected from the sub-accounts that have enough balance, and it may involve multiple sub-accounts.
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The custody fee will be avoided once users log into their accounts.
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We appreciate your understanding and continued support. If you wish to avoid custody fees, we encourage you to log in to your account and review your assets before the policy takes effect.
Best regards,
BitMart Team
April 7, 2025
