What is the fee structure for trading cryptocurrencies on Gemini?
mrahimiDec 18, 2021 · 3 years ago3 answers
Can you explain the fee structure for trading cryptocurrencies on Gemini in detail? I would like to know how much I will be charged for buying and selling cryptocurrencies on this platform.
3 answers
- Dec 18, 2021 · 3 years agoSure! Gemini charges a trading fee based on your 30-day trading volume. The fee starts at 0.35% for volumes below $500,000 and gradually decreases as your trading volume increases. For volumes above $500,000, the fee can go as low as 0.10%. Additionally, Gemini charges a convenience fee of 0.50% for instant trades using their ActiveTrader platform. It's important to note that these fees may vary depending on the specific cryptocurrency you are trading.
- Dec 18, 2021 · 3 years agoThe fee structure on Gemini is quite straightforward. They charge a percentage fee based on your trading volume. The more you trade, the lower the fee. For example, if your 30-day trading volume is below $500,000, you will be charged a fee of 0.35%. As your trading volume increases, the fee decreases. For volumes above $500,000, the fee can be as low as 0.10%. It's always a good idea to check Gemini's website for the most up-to-date fee information.
- Dec 18, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on Gemini, the fee structure is based on your trading volume. The more you trade, the lower the fee. Gemini charges a starting fee of 0.35% for volumes below $500,000. As your trading volume increases, the fee decreases. For volumes above $500,000, the fee can go as low as 0.10%. Keep in mind that Gemini also charges a convenience fee of 0.50% for instant trades using their ActiveTrader platform. It's important to consider these fees when planning your trading strategy on Gemini.
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