What fees are associated with selling my Litecoin on Gemini?
Bonnie TingJan 09, 2022 · 3 years ago3 answers
Can you please provide details on the fees that are associated with selling Litecoin on the Gemini cryptocurrency exchange?
3 answers
- Jan 09, 2022 · 3 years agoWhen selling Litecoin on Gemini, you will be subject to certain fees. Gemini charges a trading fee of 0.35% for both buyers and sellers. Additionally, there may be other fees depending on the type of transaction you are making. For example, if you are using Gemini's ActiveTrader platform, there may be additional fees for using advanced trading features. It's always a good idea to review Gemini's fee schedule on their website for the most up-to-date information.
- Jan 09, 2022 · 3 years agoSelling Litecoin on Gemini comes with fees that you should be aware of. Gemini charges a trading fee of 0.35% for both buyers and sellers. This fee is calculated based on the total value of your transaction. In addition to the trading fee, there may be other fees associated with your transaction, such as network fees for transferring Litecoin. It's important to carefully review Gemini's fee schedule to understand all the costs involved before selling your Litecoin.
- Jan 09, 2022 · 3 years agoWhen you sell Litecoin on Gemini, you will incur fees. Gemini charges a trading fee of 0.35% for both buyers and sellers. This fee is deducted from the total value of your transaction. It's worth noting that Gemini is not the only exchange that charges fees for selling Litecoin. Other exchanges may have different fee structures, so it's a good idea to compare fees across multiple platforms to find the best option for your needs. However, it's important to consider factors beyond just fees, such as security and reputation, when choosing a cryptocurrency exchange.
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