Blink Wallet Introduces Monthly Inactivity Fee for Custodial Accounts
Current overview (not historical)
Blink Wallet has introduced a $1 monthly inactivity fee for custodial accounts that have been inactive for over 12 months, aiming to accelerate user migration to self-custody. The fee, which started in mid-October, is fully refundable if users log back in within 12 months. At the time of the first charge, approximately 100,000 inactive accounts held an aggregate balance exceeding $800,000.
Written with AI from the reporting · updated 10/26/2026
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- 1Unclassified fact stationOct 27, 00:00recorded Oct 27, 05:25single source
Blink Wallet Adds $1 Monthly Inactivity Fee to Custodial Acc
Read original source ↗ Bitcoin MagazineReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Blink
- Action：
- Added a $1 monthly inactivity fee to custodial accounts
- Object：
- custodial accounts that have not logged in to the app in over 12 months
- Occurred (fact side)：
- Oct 27, 00:00
- Published (valid side)：
- Oct 27, 05:14
- First seen (known side)：
- Oct 27, 05:25
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- Bitcoin MagazineRelated fact: single sourceBlink Wallet introduces $1 monthly inactivity fee for custodial accounts
Report first recorded Oct 27, 05:25
Blink Wallet announced a $1 monthly inactivity fee for custodial accounts that have not logged in for over 12 months, effective from mid-October. The fee, which can be refunded if users log back in within 12 months, aims to offset the costs of maintaining inactive accounts. At the time of the first charge, approximately 100,000 inactive accounts held a combined balance of over $800,000.
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