The fees are lower than Coinbase, with the highest fee at 0.4%, all the way down to 0.00% for high-volume market makers. Gemini™ offers a similar maker-taker fee schedule on the ActiveTrader platform, with discounts available to higher-volume traders. Here’s a breakdown of the Coinbase Advanced trader fees: 30-day trading volume
Of note, trading between one stablecoin to another offers a low 0.01% taker fee, and 0.00% maker fee. Taker fees are charged when your order is matched against an order already on the order book, which takes liquidity from the market.Ĭoinbase charges the lowest-volume traders up to 0.6% per transaction, while market makers enjoy paying nothing (0.00%) when transacting over $500 million per month. Maker fees are charged when your trade order is not matched immediately, but is instead placed in the order book, adding liquidity to the market. Fees are based on trading volume and use a maker-taker fee model.
To save on fees, both Coinbase and Gemini™ offer an advanced trading platform with reduced fees. Overall, these fees are higher than most other exchanges. There are also additional fees for purchases with a debit card, with both companies charging a 3.49% surcharge for debit card transactions. Based on a few tests, this fee hovers around 1.5%, but can vary a bit. Fees can vary per transaction and include a transaction fee and “spread” fee, which are calculated individually per transaction. Here’s how fees are assessed on cryptocurrency orders:įor orders over $200, Gemini™ charges a flat 1.49% fee, while Coinbase is less transparent. Below is a comparison of regular trades for each platform, as well as trading fees for the “Pro” level trading platforms.įor standard trades, both Coinbase and Gemini™ require a minimum trade fee of $0.99, with fees reducing as orders get larger. $25 per additional transfer (under $5,000).ĮRC20 and OMNI coin fees vary by currency.īoth Coinbase and Gemini™ offer multiple ways to trade, with differing fee structures for each. Withdrawal fees (USD withdrawals) Transaction type There may be additional fees charged by banking institutions when depositing or withdrawing from each platform. Here’s a quick breakdown of the fees on both Coinbase and Gemini™: Funding fees (USD deposits) Both also offer an advanced trading platform with lower fees for high-volume traders. Wire transfer, ACH, debit card, crypto deposit.Ĭoinbase and Gemini™ offer very similar fee structures, and the fees are on the higher end of most crypto exchanges. Wire transfer, ACH, debit card, PayPal, crypto deposit. Gemini™ overviewĪdvanced: Up to 0.60%/0.60%, depending on 30-day trade volume.
COINBASE GEMINI FEES FAIT FULL
Get started with Gemini™ or read our full review. While Gemini™ is aimed at beginners and institutions, it does offer an advanced trading platform with low fees. Gemini™ is also one of the only platforms to offer insurance against theft for users who hold crypto in the Gemini™ digital wallet. It also caters to large institutions, with a full-service trading desk and 24/7 support teams for corporate and institutional investors.
Gemini™ offers a decent selection of cryptocurrencies and is supported around the globe in over 100 countries. With a focus on security, Gemini™ was one of the first regulated crypto exchanges in the U.S., making it a safe place for U.S. Cameron and Tyler Winklevoss invested heavily into Bitcoin and, with their newfound wealth, eventually launched Gemini™ in 2015. Gemini™ was founded by the famous Winklevoss twins after receiving a settlement from Facebook founder, Mark Zuckerberg. Get started with Coinbase or read our full review. Overall, Coinbase is a top-notch crypto exchange with a lot of offers for both new and experienced crypto investors. And while the fees for standard users are fairly high, the advanced trading platform offers competitive fees for high-volume traders. With a focus on simplicity, the Coinbase platform and mobile is one of the easiest to use and is designed for beginners to purchase their first cryptocurrency.Ĭoinbase does offer an advanced trading platform as well, giving active traders access to more trading tools and charts. Over time, it has added over 100 cryptocurrencies and is one of the largest crypto exchanges in the world (by trading volume).Ĭoinbase has over 70 million customers across the globe, and hosts some of the largest institutions as well, including Tesla and Microstrategy (Michael Saylor’s company).
It was founded in 2012 by Brian Armstrong and Fred Ehrsam as a way for crypto investors to trade Bitcoin.
0 kommentar(er)
