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Do I need to pay any fees when I withdraw my digital currencies from Gemini?

avatarTrilochan ChoudharyDec 19, 2021 · 3 years ago3 answers

When I withdraw my digital currencies from Gemini, do I have to pay any fees for the transaction?

Do I need to pay any fees when I withdraw my digital currencies from Gemini?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing digital currencies from Gemini. The fees vary depending on the specific currency you are withdrawing. Gemini provides a fee schedule on their website that outlines the fees for each currency. It's important to review this fee schedule before initiating a withdrawal to understand the cost involved.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! Gemini charges fees for withdrawing digital currencies. The fees are determined based on the specific currency you are withdrawing. You can find the detailed fee schedule on Gemini's website. Make sure to check the fees before making any withdrawals to avoid any surprises.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees for withdrawing digital currencies from Gemini. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free withdrawals for certain digital currencies. So, if you're looking to minimize your withdrawal fees, you might want to consider using BYDFi instead.