What are the fees associated with trading on Gemini's platform?

Can you provide a detailed explanation of the fees associated with trading on Gemini's platform? I would like to know the different types of fees, such as trading fees, deposit fees, and withdrawal fees, and how they are calculated. Additionally, it would be helpful to understand if there are any discounts or promotions available that can reduce these fees.

1 answers
- Trading on Gemini's platform comes with a few different fees that you should be aware of. First, there are the trading fees. These fees are based on your trading volume and range from 0.35% to 0.10%. The more you trade, the lower your fee percentage will be. Next, we have deposit fees. These fees vary depending on the cryptocurrency you're depositing and can be found on the Gemini website. Finally, we have withdrawal fees. These fees also vary depending on the cryptocurrency and are subject to network congestion and transaction size. It's important to note that Gemini offers fee discounts for high-volume traders, so if you're planning on trading frequently, you may be able to lower your fees. Additionally, Gemini occasionally runs promotions that can reduce or eliminate certain fees, so keep an eye out for those as well. Remember to check the Gemini website for the most up-to-date fee information and any ongoing promotions.
Mar 18, 2022 · 3 years ago
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