Web Fee Schedule

    Last Updated May 7, 2019

    All orders placed via our website application1 (each, a “Web Order”) incur both a convenience fee (“Convenience Fee”) and a transaction fee (“Transaction Fee”); see Fee Examples. Before you place your Web Order, you will be quoted a firm price that includes the Convenience Fee (the “Quoted Price”). In addition, we will display your Transaction Fee, which is determined according to the amount of your Web Order:

    Web Order Amount - USDTransaction Fee1 - USD
    ≤ $10.00$0.99
    > $10.00 but ≤ $25.00$1.49
    > $25.00 but ≤ $50.00$1.99
    > $50.00 but ≤ $200.00$2.99
    > $200.001.49% of your Web Order value
    Web Order Amount - AUDTransaction Fee1 - AUD
    ≤ $15.00$1.50
    > $15.00 but ≤ $35.00$2.20
    > $35.00 but ≤ $75.00$3.00
    > $75.00 but ≤ $250.00$4.50
    > $250.001.49% of your Web Order value
    Web Order Amount - CADTransaction Fee1 - CAD
    ≤ $15.00$1.49
    > $15.00 but ≤ $50.00$2.99
    > $50.00 but ≤ $100.00$3.99
    > $100.00 but ≤ $250.00$4.99
    > $250.001.49% of your Web Order value
    Web Order Amount - GBPTransaction Fee1 - GBP
    ≤ £7.50£0.75
    > £7.50 but ≤ £20.00 £1.25
    > £20.00 but ≤ £50.00 £2.00
    > £50.00 but ≤ £150.00 £2.25
    > £150.001.49% of your Web Order value
    Web Order Amount - HKDTransaction Fee1 - HKD
    ≤ $100.00$10.00
    > $100.00 but ≤ $200.00$12.00
    > $200.00 but ≤ $500.00$20.00
    > $500.00 but ≤ $1500.00$24.00
    > $1500.001.49% of your Web Order value

    The Convenience Fee is calculated at a rate of 0.50% (or 50 basis points) above the prevailing Gemini market price for a given trading pair at the time we provide you the Quoted Price. Your actual Convenience Fee may be greater or lower than 0.50% due to price movement in the market between the time we provide you the Quoted Price and the time your Web Order is filled; however, this will not affect the price you pay.

    Fee Examples

    Web Order Buy Example – Kristen wants to buy $100 of BTC with USD. The prevailing Gemini market price of BTC is $4000 USD. On her website application, Kristen is provided a Quoted Price of $4020 USD to buy 1 BTC. This represents the Gemini market price of $4000 USD, plus the 0.50% Convenience Fee (Gemini market price × 1.005). When Kristen enters her buy Web Order for $100 USD and clicks on “Review Order,” the Transaction Fee of $2.99 USD is displayed on her website application along with the total BTC amount of 0.02413184 (($100 USD -$2.99 USD)/$4020 USD = 0.02413184 BTC) that she will receive for her buy Web Order. Kristen clicks on “Place Order” to place her Web Order to buy 0.02413184 BTC for $100 USD. Fees are only incurred when her Web Order is executed.

    Web Order Sell Example – Marcus wants to sell 0.03 BTC for USD. On his website application, Marcus is provided a Quoted Price of $3980 USD to sell 1 BTC. This represents the prevailing Gemini market price of $4000 USD, minus the 0.50% Convenience Fee (Gemini market price × 0.995). When Marcus enters his sell Web Order for 0.03 BTC, the Transaction Fee of $2.99 USD is displayed on his website application along with the total proceeds amount of $116.41 ((0.03 * $3980 USD) – $2.99 USD = $116.41 USD) that he will receive for his sell Web Order. Marcus clicks on “Place Order” to place his Web Order to sell 0.03 BTC and receives $116.41 USD. Fees are only incurred when his Web Order is executed.

    Transaction and Convenience Fee Denominations

    Transaction and convenience fees are charged in the transaction fiat currency. Example: When you purchase BTC with USD, your fees will be charged in USD.

    Notice of Changes

    Any change to our Web Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.

    Any Web Order placed after the effective date indicated in any such notice will be subject to the new Web Fee Schedule and you will be deemed to have agreed to the new Web Fee Schedule by continuing to use our website application.

    Order Placement by Mobile Application

    For more information on how Web Orders are handled, please see the Order Placement by Website Application section of our User Agreement.

    ¹“Website application” refers to the interface found at https://exchange.gemini.com and does not refer to the Gemini ActiveTrader™ interface.