What are the fees associated with trading on Gemini exchange?
AJAY BOOPATHY K ECEApr 30, 2022 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with trading on the Gemini exchange? I would like to know the different types of fees, their amounts, and how they are calculated.
1 answers
- Apr 30, 2022 · 3 years agoWhen it comes to trading on the Gemini exchange, you'll encounter various fees. The primary fee is the trading fee, which is charged for every trade you make. The trading fee is determined by your trading volume over the past 30 days. The fee ranges from 0.10% to 0.35% depending on your trading volume. If you prefer to use the Gemini mobile app for trading, there is an additional convenience fee of 0.50%. When you withdraw your funds from the exchange, withdrawal fees are applicable. The withdrawal fees vary depending on the specific cryptocurrency you are withdrawing. It's worth mentioning that Gemini offers fee discounts for high-volume traders, so the more you trade, the lower your fees will be.
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