Cobo Discontinues Consumer Wallet Service, Implementing Fees for Inactive Users

Community Trust Score Verified 93 % Real Verified 43 votes Updated 4 hours ago What happened Cobo is shutting down its consumer-facing wallet app on December 1, 2026. Users who don’t pull their assets before that date will face a minimum monthly fee of $100 starting January 2027 — or 2% of whatever’s left in the account, whichever hits harder. The company stopped taking new retail users back in 2021, so the writing’s been on the wall for a while. But now it’s official, and the clock is running.

Source: The Currency Analytics