What fees do Uphold and Gemini charge for cryptocurrency transactions?
Balaram DasDec 27, 2021 · 3 years ago1 answers
Can you provide details on the fees charged by Uphold and Gemini for cryptocurrency transactions? I'm interested in knowing the specific fees for different types of transactions such as buying, selling, and transferring cryptocurrencies.
1 answers
- Dec 27, 2021 · 3 years agoAs an expert in the field, I can tell you that Uphold and Gemini have different fee structures for cryptocurrency transactions. Uphold charges a fixed fee of 1.8% for buying or selling cryptocurrencies. However, if you transfer cryptocurrencies between Uphold members, there are no fees involved. On the other hand, Gemini's fees are based on your trading volume. The more you trade, the lower the fee percentage. Gemini's fees range from 0.35% to 1.00% for both buying and selling cryptocurrencies. It's important to note that Gemini also offers fee discounts for high-volume traders. So, if you're an active trader, you can benefit from lower fees on Gemini.
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