Post
Topic
Board Exchanges
Merits 1 from 1 user
Re: Gemini's fees have quadrupled as of this morning for most users.
by
magneto
on 05/04/2018, 00:05:33 UTC
⭐ Merited by JayJuanGee (1)
No idea why they have increased the fees for users so much.

1% maker/taker fee is pretty much the highest that I've seen in recent years on big exchanges. You can easily get better trading fees on other exchanges under 0.25%. It's a huge difference and it piles up if your volume isn't much daily but you trade consistently, and is unable to fall under a higher bracket on their fee division tables.

So yes, even without the BNB discounts Binance seems to be a better option at the moment.

No idea why you would trade with Gemini after this fee update if there is a difference by a factor of 10-20x of the trading fees, compared to better sites.