Do I have to pay fees for keeping my cryptocurrencies in Gemini's custody?

7 answers

• Dec 28, 2021 · 3 years ago
  Yes, Gemini charges fees for keeping your cryptocurrencies in their custody. The fees vary depending on the type of cryptocurrency you hold and the amount you have. You can find the detailed fee structure on Gemini's official website. It's important to consider these fees when deciding whether to keep your cryptocurrencies in Gemini's custody or transfer them to a different wallet or exchange.
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• Dec 28, 2021 · 3 years ago
  Absolutely! Gemini does charge fees for holding your cryptocurrencies in their custody. The fees are based on a percentage of the value of your holdings and can range from 0.25% to 1.00%. It's always a good idea to review the fee structure on Gemini's website to understand the exact fees you'll be charged.
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• Dec 28, 2021 · 3 years ago
  Yes, there are fees associated with keeping your cryptocurrencies in Gemini's custody. Gemini charges a custody fee of 0.40% per year for cryptocurrencies held in their custody. This fee is calculated based on the daily average market value of your holdings and is deducted on a monthly basis. It's important to note that this fee is separate from any trading fees you may incur when buying or selling cryptocurrencies on Gemini's platform.
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• Dec 28, 2021 · 3 years ago
  Indeed, Gemini does charge fees for storing your cryptocurrencies in their custody. The fees are based on a tiered structure, where the percentage fee decreases as the value of your holdings increases. For example, if you hold less than $10,000 worth of cryptocurrencies, the fee is 1.00%. However, if you hold more than $1,000,000 worth of cryptocurrencies, the fee is reduced to 0.25%. It's advisable to review Gemini's fee schedule for a complete understanding of the fees associated with their custody services.
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• Dec 28, 2021 · 3 years ago
  Yes, there are fees for keeping your cryptocurrencies in Gemini's custody. The fees are based on a tiered structure and range from 0.25% to 1.00% of the value of your holdings. The exact fee depends on the amount of cryptocurrencies you hold. It's important to consider these fees when deciding whether to use Gemini's custody services or explore other options.
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• Dec 28, 2021 · 3 years ago
  Yes, there are fees for keeping your cryptocurrencies in Gemini's custody. The fees are based on the value of your holdings and are charged on a monthly basis. The fee structure is tiered, with higher-value holdings incurring lower fees. It's recommended to visit Gemini's website for the most up-to-date information on their custody fees.
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• Dec 28, 2021 · 3 years ago
  BYDFi offers a fee-free solution for keeping your cryptocurrencies in custody. With BYDFi, you can securely store your cryptocurrencies without any fees. BYDFi's custody service is designed to provide a secure and convenient storage solution for your digital assets. You can learn more about BYDFi's custody services on their official website.
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