Trade US$1000 & Receive US$150 Worth of BTC (New Customer Only) @ Gemini via The Motley Fool

160

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Korban Dallas on 26/11/2021 - 02:19 fool.com (306 clicks)
Last edited 30/11/2021 - 18:38 by 1 other user

Fool

A $150 bitcoin credit will be automatically applied to your Gemini account once the following criteria are met:

You are a first time Gemini user who has not created an account in the past.

You have traded (buy or sell) $1000 USD (Not AUD) worth of any cryptocurrencies within the first 30 days of creating your Gemini account.
You must create the account through the promotional link.

If you have met the above criteria and you haven't seen your $150 worth of BTC applied to your account within 48 hours, please provide us with the link/referral code that you've used when signing up for your account so that we can further investigate!

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Gemini Exchange

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  AlienC on 26/11/2021 - 02:23

  Fly you

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  TimeOrMoney on 26/11/2021 - 02:43

  +1

  Leery about any endorsements by Motley Fool. They sound like corporate shills, and they lean too heavily on the clickbaiting.

  Anyway, about the exchange itself:

  Gemini Trading fees

  The fees charged by this exchange are a bit more complex than other exchanges, as they consist of two parts. One part is the "Convenience Fee". This is a percentage of the purchased/sold amount. The Convenience Fee is what is closest to the normal trading fee charges at most other exchanges. The global industry average trading fee is around 0.10%-0.15% today (previously a bit higher, up to 0.25% as average). Gemini charges 0.50%, so it's a fair bit higher than industry average.

  Then, in addition to the 0.50% trading fee, you also have to pay a transaction fee, which is a fixed USD-amount for smaller purchases. The USD-amount ranges from USD 0.99 to USD 2.99 for purchases between 0 - USD 200. However, above that (for any purchases above USD 200), you need to pay 1.49% of the order value.

  To conclude, for any orders above USD 200 in value, you pay 1.99%. This is a very high fee.

  That last emphasis is from the source article itself.

  • 

    Korban Dallas on 26/11/2021 - 02:44

    Uep cater for boomers and the endless spam

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  HomeAlone on 26/11/2021 - 04:14

  +1

  Couldn't register as it turns out I already had an account from early 2020 I'd forgotten about.

  Was disappointed at first until I logged in and saw the account balance.

  Thanks for the reminder!

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  dishanth on 26/11/2021 - 05:22

  Hocus Pocus….

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  HopSkipJumpFallSplat on 26/11/2021 - 07:26

  How long is this offer available for?

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  sc00terMcTav on 26/11/2021 - 08:57

  so transfer in $1k+ USD of any crypto, sell it, and then buy it back again.
  Should class as a trade, + get the BTC for doing it?

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  ilovefullprice on 26/11/2021 - 17:39

  Anyone knows if trading between stablecoins would make you eligible for this offer?

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  tomtimed on 10/12/2021 - 15:09

  +1

  Just used this today, and got the bonus after about 12hrs. Gemini Active Trader (browser only) has lower fees (0.25%) but it doesnt have aud pairs. So I deposited aud into FTX and bought BTC which I transferred (no withdrawal fee on FTX) to Gemini and then exchanged BTC to ETH. From here Gemini has free withdrawals so I can sell or send anywhere.
  Total fees would be less than $4.

  • 

    Korban Dallas on 10/12/2021 - 19:21

    how did you deposit AUD into FTX?

    • 

      Yuppieshrink on 12/12/2021 - 10:45

      I’d love to know this too :)

      • 

        mountaineer on 13/12/2021 - 21:54

        +1

        On the landing page of FTX app, under My Wallets, deposit and there are 4 options to deposit AUD..

        • 

          tomtimed on 28/12/2021 - 17:24

          @mountaineer: Yeah exactly. I did it on my computer, but it's the same. It has some instructions and PayID as well so it is instant transfer. Just do a small amount first as a test

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  HopSkipJumpFallSplat on 27/12/2021 - 15:48

  I'm at 44hrs since over 1000usd trading, met all the criteria, no bonus yet… will wait 4 more hours.

  • 

    mountaineer on 28/12/2021 - 00:24

    Have you got it? Mine was approved exactly 24 hours from the trade.

    • 

      HopSkipJumpFallSplat on 28/12/2021 - 00:49

      Nope, over 48 hours now, still no bonus applied

      • 

        mountaineer on 28/12/2021 - 08:28

        Reach out to the referral site, they said they will investigate for you.

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  HopSkipJumpFallSplat on 05/01/2022 - 13:23

  Finally got added, 11 days after qualifying