Dad: Son, are there any fees for using Bitcoin?

Son: Hi Dad,

The "fee" depends on the use case.

For example, there are trading fees when converting between bitcoin and fiat, transaction fees when sending funds or mixing fees when using a coinjoin service.

Dad: Do I have to pay account maintenance fees?

Son: No.

There are no fees for holding bitcoin in your self-custody wallet, but you may have to pay taxes.

#Bitcoin