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Are there any fees associated with storing cryptocurrencies on Gemini?

avatarBoss GamingJan 11, 2022 · 3 years ago3 answers

What are the fees for storing cryptocurrencies on the Gemini platform?

Are there any fees associated with storing cryptocurrencies on Gemini?

3 answers

  • avatarJan 11, 2022 · 3 years ago
    Yes, there are fees associated with storing cryptocurrencies on Gemini. Gemini charges a custody fee for holding cryptocurrencies in your account. The fee is based on a percentage of your total cryptocurrency holdings and is charged monthly. The exact fee percentage depends on the specific cryptocurrency you are holding. You can find the detailed fee structure on the Gemini website.
  • avatarJan 11, 2022 · 3 years ago
    Absolutely! When you store your cryptocurrencies on Gemini, you will be subject to custody fees. These fees are charged to cover the costs of securely storing and managing your digital assets. The fee amount varies depending on the type and amount of cryptocurrency you hold. It's important to review the fee schedule on the Gemini platform to understand the specific charges for your holdings.
  • avatarJan 11, 2022 · 3 years ago
    Yes, there are fees associated with storing cryptocurrencies on Gemini. As a third-party custodian, Gemini charges a custody fee for holding your digital assets. The fee is based on a percentage of your total cryptocurrency holdings and is deducted from your account balance on a monthly basis. It's important to note that the fee structure may vary for different cryptocurrencies, so make sure to check the Gemini website for the most up-to-date information.