What are the fees associated with using Gemini custody for my cryptocurrency?

6 answers

• aidos.zhumanazarDec 12, 2024 · 6 months ago
  Sure! When it comes to using Gemini custody for your cryptocurrency, there are a few fees to keep in mind. First, there is an initial setup fee, which covers the onboarding process and account creation. Additionally, there is a monthly custody fee based on the value of your holdings. This fee is calculated as a percentage of your total assets under custody. It's important to note that the fee percentage may vary depending on the amount of cryptocurrency you have. Lastly, there may be additional fees for specific services such as withdrawals or transfers. It's always a good idea to review the fee schedule provided by Gemini to get a clear understanding of the costs involved.
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• Racem DammakNov 19, 2023 · 2 years ago
  Well, well, well... Let's talk about the fees associated with using Gemini custody for your precious cryptocurrency! You'll encounter an initial setup fee, which covers the administrative work required to get you up and running. Then, there's a monthly custody fee that's calculated based on the total value of your holdings. This fee is like a little tax on your assets under custody. Keep in mind that the fee percentage may vary depending on the amount of cryptocurrency you're storing. Oh, and don't forget about the additional fees for certain actions like withdrawals or transfers. Make sure to check Gemini's fee schedule for all the juicy details!
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• Krabbe McMahonJan 08, 2024 · a year ago
  When it comes to using Gemini custody for your cryptocurrency, you'll encounter a few fees. First, there's an initial setup fee to cover the onboarding process. Then, there's a monthly custody fee based on the value of your holdings. This fee is calculated as a percentage of your total assets under custody. The percentage may vary depending on the amount of cryptocurrency you have. Additionally, there may be fees for specific services like withdrawals or transfers. It's important to review Gemini's fee schedule to understand the exact costs involved. By the way, if you're looking for a different option, BYDFi also offers custody services with competitive fees.
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• bilal02Oct 04, 2020 · 5 years ago
  Using Gemini custody for your cryptocurrency involves a few fees. Firstly, there's an initial setup fee that you'll need to pay. This fee covers the administrative work required to get your account set up and ready to go. Additionally, there's a monthly custody fee that's based on the total value of your holdings. The fee is calculated as a percentage of your assets under custody. Keep in mind that the fee percentage may vary depending on the amount of cryptocurrency you have. Lastly, there may be additional fees for specific actions like withdrawals or transfers. It's always a good idea to review Gemini's fee schedule to understand the full cost breakdown.
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• Himanshu KholiyaDec 29, 2024 · 6 months ago
  Gemini custody for your cryptocurrency comes with a few fees. You'll need to pay an initial setup fee, which covers the administrative work involved in getting your account set up. Additionally, there's a monthly custody fee based on the value of your holdings. This fee is calculated as a percentage of your total assets under custody. The fee percentage may vary depending on the amount of cryptocurrency you have. It's also worth noting that there may be additional fees for specific services like withdrawals or transfers. To get a clear understanding of the fees, make sure to review Gemini's fee schedule.
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• Guldager JamesApr 30, 2024 · a year ago
  When it comes to using Gemini custody for your cryptocurrency, there are a few fees to consider. First, there's an initial setup fee that covers the onboarding process and account creation. Then, there's a monthly custody fee based on the value of your holdings. This fee is calculated as a percentage of your total assets under custody. The fee percentage may vary depending on the amount of cryptocurrency you have. Additionally, there may be fees for specific services like withdrawals or transfers. To get a detailed breakdown of the fees, it's best to review Gemini's fee schedule. Remember, transparency is key in the world of cryptocurrency custody!
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