Are there any fees associated with using the Gemini savings account for storing my digital assets?

5 answers

• Chinmay Krishn RoyJun 29, 2021 · 4 years ago
  Yes, there are fees associated with using the Gemini savings account for storing your digital assets. Gemini charges a monthly custody fee of 0.40% per year, which is calculated daily and deducted from your account balance. This fee covers the cost of securely storing your assets and providing you with access to them. It is important to note that the fee is subject to change and you should check the Gemini website for the most up-to-date information.
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• SomnathJul 29, 2020 · 5 years ago
  Absolutely! Using the Gemini savings account for storing your digital assets comes with fees. Gemini charges a custody fee of 0.40% per year, which is quite competitive in the industry. This fee ensures that your assets are kept safe and secure. It's always a good idea to review the fee structure on the Gemini website to stay informed about any changes.
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• IVY NAGIDEMay 12, 2021 · 4 years ago
  Yes, there are fees associated with using the Gemini savings account for storing your digital assets. However, it's important to note that these fees are reasonable and competitive compared to other options in the market. Gemini takes the security and storage of your assets seriously, and the fees charged contribute to maintaining the high standards of their platform. For the most accurate and up-to-date information on fees, I recommend visiting the Gemini website.
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• Saw Phyo NaingOct 06, 2022 · 3 years ago
  Using the Gemini savings account for storing your digital assets does come with fees. Gemini charges a custody fee of 0.40% per year, which is quite standard in the industry. This fee covers the costs of maintaining the security and infrastructure necessary to store your assets safely. It's always a good idea to compare fees across different platforms to ensure you're getting the best deal for your specific needs.
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• Ranas AliJun 11, 2023 · 2 years ago
  When it comes to storing your digital assets in the Gemini savings account, there are fees involved. Gemini charges a custody fee of 0.40% per year, which is in line with industry standards. This fee helps cover the costs of providing a secure storage solution for your assets. It's important to consider the fees along with other factors when choosing a platform for storing your digital assets.
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