Which platform, Gemini or Coinbase Pro, offers lower fees for trading digital currencies?
Daniel AsareDec 27, 2021 · 3 years ago1 answers
I'm looking to trade digital currencies and I want to know which platform, Gemini or Coinbase Pro, offers lower fees for trading. Can you provide a comparison of the fees charged by these two platforms? I'm particularly interested in the fees for popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Additionally, I would like to know if there are any hidden fees or charges that I should be aware of. Thank you!
1 answers
- Dec 27, 2021 · 3 years agoAs an employee of BYDFi, I can tell you that Gemini and Coinbase Pro are both reputable platforms for trading digital currencies. When it comes to fees, Gemini offers a tiered fee structure that starts at 0.35% for makers and takers and goes down to 0.10% for high-volume traders. Coinbase Pro, on the other hand, charges a flat fee of 0.50% for all trades. If you're looking for lower fees, Gemini might be the better option. However, it's important to consider other factors such as user experience, security, and available trading pairs before making a decision. Remember to do your own research and choose the platform that best suits your needs.
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