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What are the fees and limits for trading cryptocurrencies on Gemini?

avatarTabandTapDec 17, 2021 · 3 years ago3 answers

Can you please provide detailed information about the fees and limits for trading cryptocurrencies on the Gemini platform?

What are the fees and limits for trading cryptocurrencies on Gemini?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to trading cryptocurrencies on Gemini, there are fees and limits that you should be aware of. Let's dive into the details. Fees: Gemini charges a trading fee ranging from 0.35% to 0.25% for both makers and takers. The fee is determined based on your 30-day trading volume. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders. Limits: Gemini has different limits for deposits, withdrawals, and trading. The limits vary depending on your account verification level. For example, for Level 1 accounts, the daily deposit limit is $500 and the daily withdrawal limit is $10,000. These limits can be increased by upgrading your account to higher verification levels. I hope this information helps! If you have any more questions, feel free to ask.
  • avatarDec 17, 2021 · 3 years ago
    Hey there! Trading cryptocurrencies on Gemini? Here's what you need to know about the fees and limits. Fees: Gemini charges a fee for each trade you make. The fee amount depends on your trading volume and can range from 0.35% to 0.25%. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders, so keep that in mind. Limits: Gemini has limits in place for deposits, withdrawals, and trading. These limits vary based on your account verification level. For example, if you have a Level 1 account, your daily deposit limit is $500 and your daily withdrawal limit is $10,000. To increase these limits, you can upgrade your account to a higher verification level. I hope this helps! Let me know if you have any other questions.
  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can provide you with information about the fees and limits for trading cryptocurrencies on Gemini. Fees: Gemini charges a trading fee ranging from 0.35% to 0.25% for both makers and takers. The fee is based on your 30-day trading volume. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders. Limits: Gemini has different limits for deposits, withdrawals, and trading. The limits depend on your account verification level. For example, for Level 1 accounts, the daily deposit limit is $500 and the daily withdrawal limit is $10,000. These limits can be increased by upgrading your account to higher verification levels. I hope this information is helpful. If you have any more questions, feel free to ask.