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Custody Account

  • Which Digital Assets do you support for Custody?
  • What is the reserved amount?
  • What happens if you stop supporting a specific Digital Asset? What happens to the remaining balance in my custody account?
  • Who is responsible of filing the taxes related to the gains on my Digital Assets?
  • What are the fees for AUC (Assets Under Custody)?
  • Can I apply for all the Supported Digital Assets Accounts I want? Is there a limit?
  • How many wallets can I have for each digital asset?
  • What do I need to open a Custody Account with FV Bank?
  • Is there a yearly fee for a custody account?
  • Do you use FIFO (First in-First out), LIFO (Last in-First out) or HIFO (Highest in- First out)?
  • How long is transaction history and Convert data retained?
  • Do I need to have a separate account or wallet for Convert transactions?
  • Can I disable 2FA authentication for my custody account?
  • How can I access and review my past Convert transactions?
  • Does the Yearly Custody Fee cover the different accounts for different assets?
  • Why am I being directed to enable 2 Factor Authentication when I open a custody account?
  • Do I have to keep a minimum amount in any Digital Asset account?
  • Can I configure additional notifications to my account specifically for custody?
  • Will I receive a Gains/Losses report at the end of the year?
  • How can I access historical Convert records?
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  • Custody Account
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