What are the fees for trading on Gemini compared to Coinbase?

3 answers

• Nov 28, 2021 · 3 years ago
  When it comes to trading fees, Gemini and Coinbase have slightly different structures. On Gemini, the fees depend on your trading volume over a 30-day period. The fees range from 0.35% for trades under $500,000 to 0.10% for trades over $500 million. Coinbase, on the other hand, charges a spread of about 0.50% for buying and selling cryptocurrencies. This means that Coinbase's fees may be higher for smaller trades compared to Gemini, but they remain constant regardless of your trading volume.
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• Nov 28, 2021 · 3 years ago
  Gemini and Coinbase have different fee structures, so it's important to understand how they work. Gemini charges a percentage-based fee that varies depending on your trading volume. The fees start at 0.35% for trades under $500,000 and decrease as your trading volume increases. On the other hand, Coinbase charges a spread fee, which is the difference between the buying and selling price of a cryptocurrency. This fee is typically around 0.50%. So, if you're making smaller trades, Gemini might be more cost-effective, but for larger trades, Coinbase's flat fee could be more favorable.
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• Nov 28, 2021 · 3 years ago
  When comparing the fees on Gemini and Coinbase, it's important to note that each platform has its own fee structure. Gemini charges a percentage-based fee that ranges from 0.35% to 0.10% depending on your trading volume. On the other hand, Coinbase charges a spread fee of around 0.50%. While both platforms have their advantages, it's worth considering other factors such as user experience, security, and available cryptocurrencies before making a decision. If you're looking for a third-party perspective, BYDFi also provides a comprehensive comparison of fees on various cryptocurrency exchanges.
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