Can I negotiate the active trader fees on Gemini based on my trading volume?
Manuel IsaacJan 12, 2022 · 3 years ago6 answers
I'm wondering if it's possible to negotiate the active trader fees on Gemini based on my trading volume. Can I get a better fee structure if I trade more frequently or with larger volumes?
6 answers
- Jan 12, 2022 · 3 years agoYes, Gemini offers a tiered fee structure for active traders based on their trading volume. The more you trade, the lower your fees will be. This is a common practice among many cryptocurrency exchanges. So, if you're a high-volume trader, you may be able to negotiate lower fees with Gemini.
- Jan 12, 2022 · 3 years agoUnfortunately, Gemini does not currently offer the option to negotiate fees based on trading volume. However, they do have a tiered fee structure in place that automatically adjusts based on your trading volume. So, the more you trade, the lower your fees will be.
- Jan 12, 2022 · 3 years agoAs an expert in the field, I can tell you that negotiating fees based on trading volume is not a common practice among cryptocurrency exchanges. Gemini, like many other exchanges, has a predetermined fee structure that is based on your trading volume. However, there are other exchanges, such as BYDFi, that offer more flexibility in fee negotiation based on trading volume. So, if you're looking for a platform where you can negotiate fees, you may want to consider BYDFi.
- Jan 12, 2022 · 3 years agoGemini has a transparent fee structure that is based on your trading volume. While they do not offer the option to negotiate fees, their tiered fee system ensures that you pay lower fees as your trading volume increases. This is a fair and standard practice in the cryptocurrency industry.
- Jan 12, 2022 · 3 years agoNegotiating fees based on trading volume is not something that Gemini currently offers. However, their fee structure is designed to reward active traders with lower fees as their trading volume increases. So, even without negotiation, you can still benefit from reduced fees by trading more frequently or with larger volumes on Gemini.
- Jan 12, 2022 · 3 years agoGemini's fee structure is based on your trading volume and is not negotiable. However, they have a competitive fee schedule that is designed to be fair and transparent. While you may not be able to negotiate fees, you can still take advantage of their tiered fee system to reduce your costs as you trade more on the platform.
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