What are the fees and limits for trading cryptocurrencies on Gemini?
McKnight BanksJan 08, 2022 · 3 years ago3 answers
Can you please provide detailed information about the fees and limits for trading cryptocurrencies on the Gemini platform?
3 answers
- Jan 08, 2022 · 3 years agoSure! When it comes to trading cryptocurrencies on Gemini, there are fees and limits that you should be aware of. Let's dive into the details. Fees: Gemini charges a trading fee ranging from 0.35% to 0.25% for both makers and takers. The fee is determined based on your 30-day trading volume. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders. Limits: Gemini has different limits for deposits, withdrawals, and trading. The limits vary depending on your account verification level. For example, for Level 1 accounts, the daily deposit limit is $500 and the daily withdrawal limit is $10,000. These limits can be increased by upgrading your account to higher verification levels. I hope this information helps! If you have any more questions, feel free to ask.
- Jan 08, 2022 · 3 years agoHey there! Trading cryptocurrencies on Gemini? Here's what you need to know about the fees and limits. Fees: Gemini charges a fee for each trade you make. The fee amount depends on your trading volume and can range from 0.35% to 0.25%. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders, so keep that in mind. Limits: Gemini has limits in place for deposits, withdrawals, and trading. These limits vary based on your account verification level. For example, if you have a Level 1 account, your daily deposit limit is $500 and your daily withdrawal limit is $10,000. To increase these limits, you can upgrade your account to a higher verification level. I hope this helps! Let me know if you have any other questions.
- Jan 08, 2022 · 3 years agoAs a representative of BYDFi, I can provide you with information about the fees and limits for trading cryptocurrencies on Gemini. Fees: Gemini charges a trading fee ranging from 0.35% to 0.25% for both makers and takers. The fee is based on your 30-day trading volume. The more you trade, the lower the fee you'll pay. Gemini also offers fee discounts for high-volume traders. Limits: Gemini has different limits for deposits, withdrawals, and trading. The limits depend on your account verification level. For example, for Level 1 accounts, the daily deposit limit is $500 and the daily withdrawal limit is $10,000. These limits can be increased by upgrading your account to higher verification levels. I hope this information is helpful. If you have any more questions, feel free to ask.
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