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Are there any fees associated with using a Gemini bank account for cryptocurrency trading?

avatarData AnalystDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with using a Gemini bank account for cryptocurrency trading? I'm considering using Gemini as my trading platform, but I want to make sure I understand all the costs involved.

Are there any fees associated with using a Gemini bank account for cryptocurrency trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a Gemini bank account for cryptocurrency trading. Gemini charges a trading fee that varies depending on your trading volume. The fee ranges from 0.35% to 0.25% for both buyers and sellers. Additionally, there may be additional fees for depositing or withdrawing funds from your bank account. It's important to review Gemini's fee schedule for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When using a Gemini bank account for cryptocurrency trading, you'll encounter fees. These fees are charged by Gemini for facilitating the trading process. The fees are based on your trading volume and can range from 0.35% to 0.25%. It's important to note that there may also be fees associated with depositing or withdrawing funds from your bank account. Make sure to review Gemini's fee schedule to understand the complete cost structure.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a Gemini bank account for cryptocurrency trading. Gemini charges a trading fee based on your trading volume. The fee ranges from 0.35% to 0.25% for both buyers and sellers. It's important to note that there may be additional fees for depositing or withdrawing funds from your bank account. For more detailed information, you can visit Gemini's official website or contact their customer support.