What is the fee structure for buying and selling digital assets on Gemini?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! When it comes to buying and selling digital assets on Gemini, the fee structure is quite straightforward. Gemini charges a percentage fee based on the total value of your transaction. The fee ranges from 0.35% to 1.49% depending on your 30-day trading volume. The more you trade, the lower your fee will be. Gemini also offers fee discounts for market makers who provide liquidity to the exchange. So, if you're actively trading on Gemini, it's worth considering becoming a market maker to enjoy lower fees.
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• Dec 27, 2021 · 3 years ago
  The fee structure on Gemini is designed to be competitive and transparent. The fees are calculated based on a tiered system, which means that the more you trade, the lower your fees will be. The fee tiers are determined by your 30-day trading volume. For example, if your trading volume is below $10,000, the fee is 1.49%. As your trading volume increases, the fee decreases. For trading volumes above $500 million, the fee is as low as 0.35%. It's important to note that these fees apply to both buying and selling digital assets on Gemini.
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• Dec 27, 2021 · 3 years ago
  BYDFi, another popular digital asset exchange, has a similar fee structure for buying and selling digital assets. The fees are also based on a tiered system, where the more you trade, the lower your fees will be. However, the specific fee percentages and tiers may differ from Gemini. It's always a good idea to compare the fee structures of different exchanges before deciding where to trade. Remember, fees can have a significant impact on your overall trading costs, so it's important to choose an exchange with a fee structure that aligns with your trading strategy.
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