#97 of 115 in the US ranking · Institutional
BitGo Review (October 2026): Fees, US States and Licenses
Best for: Institutional custody
4.7/10
By Vahe Hakobyan Verified Medium confidence No affiliate links
- Taker fee— Not verified
- US states— Not verified
- New York— Not verified
- Coins— Not verified
- CustodyQualified-custodian
- App Store4.1 ★ · 11
Our verdict
BitGo is a digital asset infrastructure company founded in 2013 and listed on the NYSE as BTGO. Its site describes custody through an OCC-chartered national trust bank, self-custody wallets, prime trading and financing, settlement and staking. Clients are mainly exchanges, banks, asset managers and fintechs; individual investors are listed as a segment, but minimums and fees are not published.
Pros
- OCC-chartered national trust bank for custody
- New York limited purpose trust charter since 2021
- Publicly listed on the NYSE as BTGO
Cons
- No public fee schedule or account minimums found
- Custodied assets carry no FDIC or SIPC coverage
- Not a retail order-book exchange
BitGo fees
- Maker / taker
- — Not verified
- Simple buy
- BitGo Prime: no maker/taker fees; all-in price quoted per trade
- ACH deposit
- — Not verified
- Wire deposit
- — Not verified
- Card purchase
- — Not verified
- USD withdrawal
- — Not verified
- Crypto withdrawal
- — Not verified
- Other fees
- Custody for individual investors offered free; institutional custody billed in bps on assets under custody
- Minimum deposit
- — Not verified
Is BitGo available in my state?
As of Oct 2026 bitgo.com describes custody, wallet and prime services aimed mainly at institutions, and also lists individual investors as a client segment; onboarding terms and minimums were not verified.
The list of states this platform serves is not verified yet.
- New York
- — Not verified
- ID check (KYC)
- — Not verified
- Withdraw crypto
- — Not verified
- Funding
- — Not verified
Is BitGo regulated?
- NY trust charter
- Bank charter
- NYSE: BTGO
- US operator
- BitGo Bank & Trust (OCC-chartered national trust bank, per bitgo.com)
- Parent company
- BitGo Holdings, Inc. (NYSE: BTGO)
- State licenses
- — Not verified
- New York license
- NY limited purpose trust charter
- Bank charter
- OCC national trust bank (BitGo Bank & Trust)
- Other
- BitGo New York Trust Company, LLC listed by NYDFS with a limited purpose trust charter (2021-03)
- Founded
- 2013
- Headquarters
- Sioux Falls, SD, USA (per site copyright line; not otherwise confirmed)
How secure is BitGo?
- Proof of reserves
- — Not verified
- Audits
- — Not verified
- Insurance
- Site states custodied digital assets are not guaranteed by BitGo and are not covered by FDIC or SIPC insurance
Incidents since 2019
None found in the sources checked.
Crypto held on a platform is not covered by FDIC or SIPC insurance.
What you can do on BitGo
- Spot
- Staking
- Lending
- Self-custody wallet
Custody (regulated and self-custody wallets), prime services with trading and financing, settlement, staking, stablecoin and crypto-as-a-service infrastructure. Not a retail exchange.
- Apps
- Web, iOS
- Support
- — Not verified
BitGo FAQ
What are BitGo's fees?
Simple buy: BitGo Prime: no maker/taker fees; all-in price quoted per trade.
Is BitGo regulated in the US?
US customers are served by BitGo Bank & Trust (OCC-chartered national trust bank, per bitgo.com). Registrations and licenses on record: NY trust charter, Bank charter, NYSE: BTGO.
Alternatives to BitGo
Anchorage Digital#99 · Federally chartered institutional custody4.4
Zero Hash#100 · Embedded crypto for platforms4.4
Coinbase Prime#102 · Institutional prime brokerage4.3
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.