9/22/2023 0 Comments Gemini exchange withdrawal fees![]() The global industry average BTC-withdrawal fee is 0.000812 BTC. This is an acceptable fee level, but it is still a bit higher than the global industry average BTC-withdrawal fee. Gemini charges 0.001 BTC when you withdraw BTC. ![]() To conclude, for any orders above USD 200 in value, you pay 1.99%. However, above that (for any purchases above USD 200), you need to pay 1.49% of the order value. The USD-amount ranges from USD 0.99 to USD 2.99 for purchases between 0 - USD 200. Then, in addition to the 0.50% trading fee, you also have to pay a transaction fee, which is a fixed USD-amount for smaller purchases. Gemini charges 0.50%, so it's a fair bit higher than industry average. The global industry average trading fee is around 0.10%-0.15% today (previously a bit higher, up to 0.25% as average). The Convenience Fee is what is closest to the normal trading fee charges at most other exchanges. This is a percentage of the purchased/sold amount. The fees charged by this exchange are a bit more complex than other exchanges, as they consist of two parts. The below is a picture of the trading view at Gemini: Gemini Fees Gemini Trading fees Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. They normally also have buy and sell-boxes. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. You should yourself determine which trading view that suits you the best. And there is no “this overview is the best”-view. If you are on of those people, you’ll be happy to know that the Gemini trading platform is also available as a mobile application.ĭifferent exchanges have different trading views. ![]() But there are also a lot of people doing it via their smart phones or reading tablets. Most people prefer to do their cryptocurrency trading via desktop. These are phenomenal aspects of this exchange and makes it different from most other top crypto exchanges.Īs the exchange is American, US-investors can also trade here. All digital assets are custodied in trust on the customer’s behalf. All USD deposits are held for the customers’ benefit at FDIC-insured banks. The exchange is a New York trust company regulated by the New York State Department of Financial Services (NYSDFS). The Winklewoss twins (otherwise more known as the twins that started Facebook together with Mark Zuckerberg) founded it in 2014. Gemini is an American cryptocurrency exchange. ![]()
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