Other● Neutral

Blink Wallet to Charge $1 Monthly on Inactive Custodial Accounts

TradingGain Newsroom·3d ago·26 Oct 2026, 21:14 UTC

Blink Wallet has started charging a $1 monthly fee on custodial accounts that have been inactive for 12 months. The first charges are due to be processed by mid-October 2026, and fees are fully refunded when a user logs in. For traders, the change may push more users to hold their crypto in self-custody wallets.

BTCAt the time of writing, Bitcoin traded at $79,926 (-0.67% in 24h).Live price →

Why it matters

Custodial accounts with no activity for 12 months now face a $1 monthly fee.
Fees are fully refunded when the account holder logs back in.
The fee may speed up the shift from custodial accounts to self-custody wallets.

What to watch next

Watch for the first fee charges, expected by mid-October 2026, and whether users move funds out of custodial accounts.

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This brief is written by TradingGain from public reporting by Bitcoin Magazine.Read original ↗

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