Last thing I'll mention is that when you do an ACH transfer on Gemini, you can immediately trade the money. Thus, if you have a bank that doesn't charge for incoming wire transfers, like many online banks such as ally and capital one 360, then when you finally decide to sell in the future, Gemini won't charge you a wire transfer to your bank, and your bank won't charge you a wire transfer fee to receive it. However, at that point, you may want to consider Binance.Īlso, it should be noted that Gemini does not charge for incoming or outgoing Wire Transfers. If you are doing crypto to crypto, then Kraken might be better. If you are trying to enter from a fiat position to trade your USD for a big name crypto, Gemini is a cheaper option despite the 1% trade fee. Then, when you actually trade, you'll still get either a 0.16% (limit order) or a 0.25% (market order) fee. Cost $30 (bank wire transfer fee) + $5 Kraken wire transfer fee. $1,000 Wire Transfer from bank to Kraken. Also, Kraken charges $5 for transfers from their end. Thus, whatever your bank charges you for wire transfers needs to be taken into account. You can join Gemini's ActiveTrader to get back to the 1% fee.Īfter writing this post and then getting the recommendations to join Kraken, here is what I discovered. What exchanges do you recommend for US residents?Įdit May 19, 2019: So, a lot of you in the future reading this. Back when I was first trying to get verified, they didn't like that I recently moved and I've never been able to get verified. I'm already verified on Bitstamp, but I've read horror stories about US residents using Bitstamp to deposit/withdraw to/from their US bank accounts.Ĭan anyone confirm this difficulty with Bitstamp for US residents?Ĭoinbase won't verify me, for whatever reason. I'm done with Gemini after their new fee increase.Ģ% fees per transaction over $200 is absolutely ridiculous! r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUmining ![]() Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |