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What are the fees and charges associated with trading on the Gemini exchange?

avatarRiver RiverDec 29, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees and charges that traders need to consider when trading on the Gemini exchange? I would like to understand the different types of fees and how they are calculated.

What are the fees and charges associated with trading on the Gemini exchange?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    As a third-party observer, I can provide some insights into the fees and charges associated with trading on the Gemini exchange. Traders need to consider the trading fee, which starts at 0.35% and can be reduced for high-volume traders. There is also a convenience fee of 0.50% for instant trades. Withdrawal fees vary depending on the cryptocurrency being withdrawn. It's important to carefully review the fee schedule on the Gemini exchange website to understand the specific fees for each cryptocurrency. Overall, it's crucial for traders to factor in these fees and charges when making trading decisions on the Gemini exchange.