Which platform, Gemini or Coinbase Pro, offers lower fees for cryptocurrency trading?
Hana HodnaDec 16, 2021 · 3 years ago3 answers
I am looking for a cryptocurrency trading platform with lower fees. Can you compare the fees of Gemini and Coinbase Pro and tell me which one offers lower fees for trading?
3 answers
- Dec 16, 2021 · 3 years agoWhen it comes to fees, Gemini and Coinbase Pro are both popular choices for cryptocurrency trading. Gemini charges a flat fee of 0.35% for both makers and takers, while Coinbase Pro uses a tiered fee structure based on trading volume. For lower volume traders, Coinbase Pro fees start at 0.50% for takers and 0.35% for makers. However, as your trading volume increases, the fees decrease. So, if you are a high volume trader, Coinbase Pro may offer lower fees compared to Gemini. It's important to consider your trading volume and preferences when choosing a platform.
- Dec 16, 2021 · 3 years agoGemini and Coinbase Pro are two well-known cryptocurrency trading platforms. In terms of fees, Gemini charges a flat fee of 0.35% for both makers and takers. On the other hand, Coinbase Pro has a tiered fee structure that starts at 0.50% for takers and 0.35% for makers. As your trading volume increases on Coinbase Pro, the fees decrease. Therefore, if you are a high volume trader, Coinbase Pro might offer lower fees compared to Gemini. However, for lower volume traders, Gemini's flat fee could be more cost-effective. Consider your trading volume and fee structure preferences before making a decision.
- Dec 16, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that both Gemini and Coinbase Pro have their own fee structures. Gemini charges a flat fee of 0.35% for both makers and takers. On the other hand, Coinbase Pro uses a tiered fee structure based on trading volume. For lower volume traders, Coinbase Pro fees start at 0.50% for takers and 0.35% for makers. However, as your trading volume increases, the fees decrease. So, if you are a high volume trader, Coinbase Pro may offer lower fees compared to Gemini. It's important to consider your trading volume and preferences when choosing a platform.
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