If you have established a Gemini account under the Nabers Group partnership, there's a quick but important update you must make to ensure you are getting the lowest fees.
You need to take action to minimize your trading fees.
If you do nothing, your account is set to “basic trader” and your trade fee from Gemini will be 1.40%. That’s not a bad deal.
But if you want your Gemini fee to be reduced to 1% flat, follow the instructions below to go to Settings and set your account to ActiveTrader.
The ActiveTrader interface is more advanced and may be harder to learn to use, but it has a lower fee.
If you prefer the easiest to use interface and don’t might the fee premium, you can take no action, leave your account in Basic trader mode, and enjoy the easy interface.
How to Change from Basic to Active Trader
The switch is one-click easy, but critical to ensuring you're paying lower transaction fees!
Log into your Gemini-Nabers account at https://gemini.com
Click on Settings
Scroll down to "Trading Interface"
Click "Active Trader"
Hint: You can tell "at a glance" if you are setup as Basic (higher fees) or ActiveTrader: