Public Review (October 2026): Fees, US States and Licenses

Our verdict

Public offers 60+ crypto tokens alongside stocks, options and bonds, with crypto execution and custody handled by zerohash llc since an October 2025 migration from Bakkt. Orders up to $500 pay a flat fee from $0.49 to $6.29; larger orders pay 1.25%. Crypto can be transferred in and out, except by New York residents. Crypto IRAs are custodied by Alto Trust Co.

Public fees

Maker / taker

— Not verified

Simple buy

Flat fee by order size: $0.49 (up to $10), $0.69 (to $25), $1.19 (to $50), $1.69 (to $100), $3.29 (to $250), $6.29 (to $500); 1.25% of the order above $500

Volume tiers

Recurring buys pay 1.25%. API accounts pay 0.60% under $10K monthly volume, stepping down to 0.10% at $100M+. Minimum crypto purchase $1; maximum $100,000 per trade.

ACH deposit

Free

Wire deposit

Free (incoming)

Card purchase

— Not verified

USD withdrawal

ACH free; domestic wire $25; instant withdrawal up to 3.5% (minimum $1)

Crypto withdrawal

Network fee plus a $0.53 zerohash KYT fee; no Public fee

Other fees

Inactivity fee $3.99 per month on accounts under $70 with no activity for 6 months; Crypto IRA custody fee 0.05% per month (offset by trading fees); outgoing ACAT transfer $100

Minimum deposit

— Not verified

Is Public available in my state?

Crypto trading through zerohash is open to Public customers physically located in the US; Public moved crypto accounts from Bakkt to zerohash on October 24-26, 2025.

The list of states this platform serves is not verified yet.

No excluded states are named; Public's disclosures say crypto services may not be available in all states. New York residents can trade 48 of the 63 tokens in the help-center table and cannot transfer crypto in or out.

New York

Yes

ID check (KYC)

Yes

Withdraw crypto

Yes

Funding

ACH, Wire, Crypto

Is Public regulated?

• SEC / FINRA

US operator

Open to the Public Investing, Inc. (app and brokerage); crypto trading and custody by zerohash llc and zerohash liquidity services llc

Parent company

Public Holdings, Inc.

State licenses

Public itself is not on the NYDFS list; its crypto provider zerohash llc holds NYDFS virtual currency and money transmitter licenses (July 2019).

New York license

None

SEC / FINRA

Open to the Public Investing, Inc. is a registered broker-dealer (FINRA/SIPC member); Public Advisors LLC is an SEC-registered investment adviser

Other

Crypto IRAs are offered and custodied by Alto Trust Co, a New Mexico trust company.

Founded

— Not verified

Headquarters

New York, NY, USA

How secure is Public?

Proof of reserves

— Not verified

Audits

— Not verified

Insurance

Crypto is held and custodied by zerohash llc, not Public, and is not covered by FDIC or SIPC.

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 Public

• Spot
• Recurring buys
• IRA
• Stocks & ETFs
• API
• Tax documents

Crypto trades 24/7 apart from a daily maintenance period starting 5:30 PM ET. Crypto can be transferred in and out through zerohash (Ethereum mainnet only for ETH), except for New York residents. Crypto IRAs are custodied by Alto Trust Co. Stocks, options and bonds trade in the same app. Internet Computer (ICP) was dropped in the zerohash migration.

Apps

Web, iOS, Android

Support

Help center