What fees do Uphold and Gemini charge for cryptocurrency transactions?
Mehmet ŞensoyDec 16, 2021 · 3 years ago1 answers
Can you provide details on the fees charged by Uphold and Gemini for cryptocurrency transactions? I'm interested in knowing the specific fees for different types of transactions such as buying, selling, and transferring cryptocurrencies.
1 answers
- Dec 16, 2021 · 3 years agoAs an expert in the field, I can tell you that Uphold and Gemini have different fee structures for cryptocurrency transactions. Uphold charges a fixed fee of 1.8% for buying or selling cryptocurrencies. However, if you transfer cryptocurrencies between Uphold members, there are no fees involved. On the other hand, Gemini's fees are based on your trading volume. The more you trade, the lower the fee percentage. Gemini's fees range from 0.35% to 1.00% for both buying and selling cryptocurrencies. It's important to note that Gemini also offers fee discounts for high-volume traders. So, if you're an active trader, you can benefit from lower fees on Gemini.
Related Tags
Hot Questions
- 90
How does cryptocurrency affect my tax return?
- 74
How can I buy Bitcoin with a credit card?
- 72
How can I protect my digital assets from hackers?
- 53
What are the tax implications of using cryptocurrency?
- 51
What are the advantages of using cryptocurrency for online transactions?
- 41
What are the best digital currencies to invest in right now?
- 40
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
What is the future of blockchain technology?