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EXCHANGE
MAY 23, 2024
Updating Our SGD Withdrawal Fees for Singapore Customers to a Flat Fee Model
Effective immediately, we are implementing changes to our withdrawal fee structure for customers in Singapore which will enhance our Singapore customers’ trading experience.
The withdrawal fee for SGD withdrawals via FAST will now be a flat fee of SGD 3. Previously customers were charged 0.55% of each transaction. With the new flat fee, Singapore customers will benefit from significantly lower costs on larger withdrawal amounts through this simplified fee structure.
At Gemini, we listen and respond based on customer feedback, and this change reflects a frequently requested flat fee structure. It also reflects the evolution of our platform as we launch new products to serve professional traders and institutions.
For Gemini mobile users, please ensure your app is on the latest version to access this update.
Trading on Gemini
Gemini’s platform offers products that are used to buy, sell, and trade a wide range of cryptocurrencies directly, utilizing advanced charting tools and various order types to execute on a wide range of strategies. In addition to the spot market, customers in Singapore have access to the crypto derivatives market through perpetual contracts – including our BTC/GUSD, ETH/GUSD, XRP/GUSD perpetual contracts, and many more.
This update to our fee structure allows customers to explore the full range of trading opportunities on Gemini, without the additional burden of calculating withdrawal fees. Stay tuned as we continue to introduce more features and enhancements to elevate your trading experience.
Onward and Upward!
Team Gemini
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