What is the difference between Genesis and Gemini in terms of trading fees?

3 answers

• Dec 18, 2021 · 3 years ago
  Genesis and Gemini are both popular cryptocurrency exchanges, but they have different fee structures. Genesis charges a flat fee of 0.25% for all trades, regardless of the trading volume. On the other hand, Gemini uses a tiered fee structure, where the fees decrease as the trading volume increases. For example, for trades with a volume of less than $10,000, the fee is 0.35%. As the trading volume increases, the fee percentage decreases. So, if you're a high-volume trader, Gemini might be a more cost-effective option for you.
  530265
• Dec 18, 2021 · 3 years ago
  When it comes to trading fees, Genesis and Gemini have different approaches. Genesis charges a fixed fee of 0.25% for all trades, regardless of the trading volume. On the other hand, Gemini uses a tiered fee structure, where the fees decrease as the trading volume increases. This means that if you're a small-volume trader, Genesis might be a better option for you, as the flat fee can be more cost-effective. However, if you're a high-volume trader, Gemini's tiered fee structure could result in lower fees overall. It's important to consider your trading volume and preferences when choosing between these two exchanges.
  623208
• Dec 18, 2021 · 3 years ago
  In terms of trading fees, Genesis and Gemini have different fee structures. Genesis charges a flat fee of 0.25% for all trades, regardless of the trading volume. On the other hand, Gemini uses a tiered fee structure, where the fees decrease as the trading volume increases. This means that if you're a small-volume trader, Genesis might be a more cost-effective option for you. However, if you're a high-volume trader, Gemini's tiered fee structure could result in lower fees overall. It's important to compare the fee structures of both exchanges and consider your trading volume before making a decision.
  606152