When is the Service Fee deducted?

The Service Fee is not automatically deducted. Please be aware that Bitcoin Self-Custody is free to use if your balance does not exceed USD 50,000. If your balance exceeds USD 50,000, your first Bitcoin Self-Custody Minimum Service Fee is due within a 3-day period. Afterwards, invoices will be sent on an annual basis, usually on the last day of the calendar year. The Service Fee must be paid within 3 days of receiving the annual invoice. 

You can find out more information regarding how the Service Fee is calculated here.

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