What are the fees charged by Gemini for human traders?

3 answers

• Dec 21, 2021 · 3 years ago
  Gemini charges fees for both makers and takers. Makers are traders who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders. Takers are traders who remove liquidity from the market by placing market orders or limit orders that are immediately matched with existing orders. The fees for makers range from 0.00% to 0.10%, depending on the trading volume. Takers are charged a fee ranging from 0.10% to 0.25%, also depending on the trading volume. It's important to note that these fees can be reduced for high-volume traders.
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• Dec 21, 2021 · 3 years ago
  Gemini's fee structure is designed to incentivize liquidity provision and discourage market manipulation. By charging lower fees for makers, Gemini encourages traders to add liquidity to the market, which helps to improve price stability and overall trading experience. The fees charged by Gemini are competitive compared to other major cryptocurrency exchanges, making it an attractive option for traders.
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• Dec 21, 2021 · 3 years ago
  As an expert in the field, I can tell you that BYDFi, a leading cryptocurrency exchange, also offers competitive fee structures for human traders. They have a tiered fee system that rewards high-volume traders with lower fees. BYDFi's fees range from 0.05% to 0.20% for makers and 0.10% to 0.25% for takers, depending on the trading volume. They also offer additional fee discounts for users who hold their native token. Overall, BYDFi provides a user-friendly trading experience with transparent and competitive fees.
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