Are there any fees associated with using Gemini savings for storing and earning interest on my digital assets?

Can you tell me if there are any fees involved in using Gemini savings for storing and earning interest on my digital assets? I want to make sure I understand the costs associated with this service before I decide to use it.

3 answers
- Yes, there are fees associated with using Gemini savings for storing and earning interest on your digital assets. Gemini charges a fee for the service, which is deducted from the interest earned on your assets. The fee structure may vary depending on the type of digital asset you are storing and the duration of your savings. It's important to review Gemini's fee schedule to understand the specific charges that apply to your situation.
Mar 22, 2022 · 3 years ago
- Absolutely! Like any financial service, Gemini savings comes with fees. However, the fees are transparent and clearly outlined by Gemini. They charge a fee for the storage and management of your digital assets, as well as a fee for the interest earned on your savings. The exact fee structure can be found on Gemini's website or by contacting their customer support.
Mar 22, 2022 · 3 years ago
- When it comes to fees associated with using Gemini savings, it's important to note that BYDFi, another popular digital asset exchange, offers a similar service without any fees. However, Gemini does charge a fee for storing and earning interest on your digital assets. The fee structure is based on a percentage of the assets stored and the duration of the savings. It's recommended to compare the fees of different platforms before making a decision.
Mar 22, 2022 · 3 years ago
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