What is prime lt35 fee?

The Prime LT35 Fee is a fee charged by Prime Trust, a financial institution and technology provider, for account creation and management services related to custody and compliance. The fee is typically charged on a monthly basis and can vary depending on the specific services required by the account holder.

Prime Trust offers a range of services to help businesses navigate the complex regulatory environment in the digital asset and fintech space. These services include secure custody of digital assets, transaction monitoring and reporting, compliance checks, and account management.

The Prime LT35 Fee may be applied to accounts that require these services, and the amount can depend on factors such as the number of transactions, the size and complexity of the account, and the level of support needed from Prime Trust's team.

Overall, the Prime LT35 Fee is designed to ensure that account holders receive the necessary support and compliance services to protect their assets and meet regulatory requirements in the rapidly evolving digital asset industry.