Gemini has the highest retail fees for trading, and its competitors aren’t even close

Crypto exchanges have long been the big money makers in the nascent digital asset market, charging hefty fees on making a trade relative to exchanges and brokers in U.S. equities.

But one market player is charging its retail clients dramatically more than the competition, as per research by The Block's Research Editor Larry Cermak. Looking at the lowest tier, which includes the vast majority of retail customers, Gemini has the least favorable combined fees for retail customers, Cermak wrote. Gemini's fees come in at a whopping 2%, or 200 basis points.

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