Beginning November 15, 2017, Gemini’s best taker fee for liquidity-taking trades will be 10 bps (0.10%), on each of our three order matching engines: BTC/USD, ETH/USD, and ETH/BTC. Gemini’s best maker fee for liquidity-making trades will be 0 bps (0.00%), on each of our three order matching engines: BTC/USD, ETH/USD, and ETH/BTC. Market participants can achieve these favorable fee rates based on their 30-day trading volume. This new fee schedule will go into effect at midnight UTC, November 15, 2017 (7:00 pm ET, November 14, 2017), and then be applied to all trades going forward from that time. Note: we are removing the previous requirement related to maintaining a specific buy/sell ratio.
Please see below for a chart illustrating our updated Fee Schedule:
|Taker Fee||Maker Fee|
|≥ 1000||≥ 20,000||.23%||.20%|
|≥ 2000||≥ 40,000||.20%||.15%|
|≥ 3000||≥ 60,000||.15%||.10%|
|≥ 5000||≥ 100,000||.10%||0%|
In addition, all trades executed in Gemini’s daily BTC/USD and ETH/USD auctions will be subject to the same liquidity-making fee schedule and will be included in your 30-day trading volume used to determine your fee rates.
Please contact firstname.lastname@example.org if you have any questions on the timing of this update and how it may impact your current fee schedule.
Onward and upward,
The Gemini Team