Bitcoin exchange Gemini revamps its fee schedule

Announcements | February 29, 2016 By:

Gemini announced it has adjusted its flat fee schedule to a dynamic, real-time, “maker-taker” schedule after collecting enough data to know how to encourage a stable, efficient and active marketplace.

“We have decided to adjust our existing flat fee schedule to a real-time, dynamic maker-taker fee schedule,” said Gemini president Cameron Winklevoss.

To launch the program, every customer will get the most favorable fee and rebate rates of 15 bps (0.15%) rebate on liquidity-making trades and incur a 15 bps (0.15%) fee on all such trades for the following windows:

• Current Gemini operation areas March 1, 2016 at 9:30 a.m. ET to March 31, 2016 at 9:30 a.m. ET.
• Future Gemini operation areas: 30 days from opening day for trading.

Gemini is a New York-based bitcoin exchange founded by investors Cameron and Tyler Winklevoss.