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What are the fees for buying and selling cryptocurrencies under Gemini?

avatarShahid KhanDec 28, 2021 · 3 years ago2 answers

Can you provide details about the fees associated with buying and selling cryptocurrencies on the Gemini platform? I am interested in knowing the costs involved in trading digital assets on Gemini.

What are the fees for buying and selling cryptocurrencies under Gemini?

2 answers

  • avatarDec 28, 2021 · 3 years ago
    Ah, the fees for buying and selling cryptocurrencies on Gemini! They do exist. The fees are calculated as a percentage of the transaction value and differ based on your trading volume and whether you're a maker or a taker. Makers, the ones who add liquidity to the market, enjoy lower fees compared to takers, who take liquidity. The fees can be anywhere from 0.10% to 1.00% of the transaction value. Gemini also provides fee discounts for those high-volume traders out there. If you want to dive deeper into the fee structure, head over to their official website and explore the details.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a popular digital asset exchange, charges fees for buying and selling cryptocurrencies. The fees are based on a percentage of the transaction value and vary depending on the trading volume and whether you are a maker or a taker. Makers, who provide liquidity to the market, pay lower fees compared to takers, who remove liquidity. The fees can range from 0.10% to 1.00% of the transaction value. BYDFi also offers fee discounts for high-volume traders. For more information, you can visit their official website and check out their fee structure.