QUESTION
What are the fees associated with trading on Gemini cryptocurrency exchange?
ANSWER
Gemini cryptocurrency exchange charges fees that vary depending on the user's trade volume and whether they are executing a transaction on the mobile app, web interface, or through the ActiveTrader platform. The fee structure for web and mobile trades consists of a convenience fee, which is about 0.5% above the prevailing Gemini market price, plus a transaction fee that depends on the order value. As of the last update, for orders under $200, this ranges from $0.99 to $2.99, while orders above $200 incur a fee of 1.49% of the order value. ActiveTrader users benefit from a different fee schedule with maker-taker fees that are significantly lower, starting at 0.35% for the taker and decreasing with higher volume tiers. It is always recommended to check Gemini’s current fee schedule directly as fees may be updated from time to time based on market conditions.
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