common-close-0
BYDFi
Trade wherever you are!

Do Gemini and Coinbase have different fee structures for depositing and withdrawing fiat currencies?

avatarSalimaDec 17, 2021 · 3 years ago3 answers

What are the differences in fee structures for depositing and withdrawing fiat currencies between Gemini and Coinbase?

Do Gemini and Coinbase have different fee structures for depositing and withdrawing fiat currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, Gemini and Coinbase do have different fee structures for depositing and withdrawing fiat currencies. Gemini charges a flat fee of 1.49% for both deposits and withdrawals, while Coinbase charges a variable fee depending on the payment method used. For deposits, Coinbase charges a fee ranging from 1.49% to 3.99%, and for withdrawals, the fee ranges from $0.15 to $25, depending on the amount and the payment method.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Gemini and Coinbase have distinct fee structures when it comes to depositing and withdrawing fiat currencies. Gemini charges a fixed fee of 1.49% for both deposits and withdrawals, which is quite competitive in the market. On the other hand, Coinbase has a more flexible fee system. The deposit fee ranges from 1.49% to 3.99%, depending on the payment method, while the withdrawal fee varies from $0.15 to $25, depending on the amount and the payment method chosen.
  • avatarDec 17, 2021 · 3 years ago
    Indeed, Gemini and Coinbase have different fee structures for depositing and withdrawing fiat currencies. While Gemini charges a flat fee of 1.49% for both deposits and withdrawals, Coinbase offers a more varied fee system. For deposits, Coinbase charges a fee ranging from 1.49% to 3.99%, depending on the payment method. When it comes to withdrawals, the fee can be as low as $0.15 or as high as $25, depending on the amount and the payment method used. It's important to consider these differences when choosing a platform for your fiat currency transactions.