Gemini Updated Fee List

[TheMoneyShot]

Gemini now charges 1% on a buy

The previous fee was 0.5%


Also...

When sending Bitcoin from Gemini... 10 transactions are FREE each calendar month.

The previous amount was 30 transactions FREE.

[Derailer]

Is Circle doing bitcoin again?

[TheMoneyShot]

Is Circle doing bitcoin again?

I don't know? Circle dropped out many months ago. Last I heard it was doing some P2P payment method... but not Bitcoin.


Gemini was one of the best Bitcoin exchanges around... I guess they did their homework?? Bumped up the fees. I'm kind of pissed off.

[Derailer]

Circle bought a bitcoin exchange and is back to doing bitcoin. Gemini would still be a little cheaper than both Coinbase and Circle.

[TheMoneyShot]

Circle bought a bitcoin exchange and is back to doing bitcoin. Gemini would still be a little cheaper than both Coinbase and Circle.

Thanks for the info. I will look into it.

[TheMoneyShot]

Circle bought a bitcoin exchange and is back to doing bitcoin. Gemini would still be a little cheaper than both Coinbase and Circle.

I logged into my acct at Circle and I don't see a way to purchase Bitcoin?

[mrpapageorgio]

I logged into my acct at Circle and I don't see a way to purchase Bitcoin?

Just blindly looked, haven't downloaded or looked to see how you withdraw the Bitcoin (or deposit to sell for that matter).

https://www.circle.com/en/invest

https://support.invest.circle.com/hc/en-us/articles/360000204543-How-do-I-buy-and-sell-a-digital-currency-

Edit: looking further, it almost looks like an ETF, you don't actually buy the crypto, you can just bet on the price.

[Derailer]

I logged into my acct at Circle and I don't see a way to purchase Bitcoin?

You've got to download Circle App. Looks like it may be phone only.

[snider]

fees are on the cheap right now. Gemini is slow, that 7 days is usually 8

[TheMoneyShot]

Just blindly looked, haven't downloaded or looked to see how you withdraw the Bitcoin (or deposit to sell for that matter).

https://www.circle.com/en/invest

https://support.invest.circle.com/hc/en-us/articles/360000204543-How-do-I-buy-and-sell-a-digital-currency-

Edit: looking further, it almost looks like an ETF, you don't actually buy the crypto, you can just bet on the price.

Thanks

You've got to download Circle App. Looks like it may be phone only.

Thanks again. I'll check it out. Always looking for better options.

fees are on the cheap right now. Gemini is slow, that 7 days is usually 8

Are you talking about ACH deposits into your Gemini acct? I did a few tests. As long as you initiate the ACH transaction at Gemini before 4PM eastern... it will count 1 business day for that day. If you initiate the transaction past that time.... add an additional business day. I know it sucks... but that's the way it works.

So if you initiate the ACH on a Monday before 4PM Eastern.... You can make a withdrawal at some point on Friday. (5 business days.) Hope this helps.

[snider]

yes, thanks, that is good info.




Thanks again. I'll check it out. Always looking for better options.





Are you talking about ACH deposits into your Gemini acct? I did a few tests. As long as you initiate the ACH transaction at Gemini before 4PM eastern... it will count 1 business day for that day. If you initiate the transaction past that time.... add an additional business day. I know it sucks... but that's the way it works.

So if you initiate the ACH on a Monday before 4PM Eastern.... You can make a withdrawal at some point on Friday. (5 business days.) Hope this helps.[/QUOTE]