How does Gemini charge transaction fees for cryptocurrency trades?

3 answers

• Dec 25, 2021 · 3 years ago
  Gemini charges transaction fees for cryptocurrency trades based on a tiered fee structure. The fees range from 0.35% to 1.49% depending on your trading volume over a 30-day period. The higher your trading volume, the lower the fee percentage. Additionally, Gemini offers fee discounts for market makers who provide liquidity to the exchange. It's important to note that there may be additional costs involved, such as network fees for blockchain transactions and withdrawal fees for transferring funds off the exchange.
  519260
• Dec 25, 2021 · 3 years ago
  When it comes to transaction fees on Gemini, it's all about your trading volume. The more you trade, the lower your fees. Gemini uses a tiered fee structure, which means that the fee percentage decreases as your trading volume increases. So if you're a high-volume trader, you'll enjoy lower fees compared to someone who trades less frequently. Keep in mind that there may be other costs involved, such as network fees for blockchain transactions and withdrawal fees for moving your funds off the exchange.
  506169
• Dec 25, 2021 · 3 years ago
  Gemini, like many other cryptocurrency exchanges, charges transaction fees for trades. The fee structure is based on a tiered system, where the fee percentage decreases as your trading volume increases. This means that high-volume traders enjoy lower fees compared to those who trade less frequently. Gemini also offers fee discounts for market makers, who help provide liquidity to the exchange. It's worth noting that there may be additional costs involved, such as network fees for blockchain transactions and withdrawal fees for transferring your funds out of the exchange.
  577145