Crypto Trading

Gemini: The Best Way to Buy Cryptocurrency in 2021 (Lowest Fees Tutorial)

Gemini: The Best Way to Buy Cryptocurrency in 2021 (Lowest Fees Tutorial)

Gemini: The Best Way to Buy Cryptocurrency in 2021 (Lowest Fees Tutorial)

In this video I show you definitively the best way to buy Bitcoin, Ethereum, or any cryptocurrency in 2021. Not only is this strategy done with a safe, reputable, regulated exchange – Gemini, the fee structure is the lowest of any exchange I’ve ever seen, and once you set this up it will fully run itself without you having to do any more work! Automated, cheap, safe Bitcoin is the best Bitcoin πŸ™‚

None of this is advice to buy Cryptocurrency, I am just sharing my experience and the systemI’ve created that saves the most money, saves me the most time, and is done with a reputable company.

πŸ““ Link to Gemini Code in Notion: https://www.notion.so/rhettre/Buy-Bitcoin-Everyday-Lambda-Functions-Cloudwatch-abe92c33a13b4be19d232d5c91edfccf

β™ŠοΈ Sign Up for Gemini and get of BTC when you Trade 0:
https://gemini.com/share/ZVG91T

🦒 If API was too Complicated but you still want to DCA and get of free Bitcoin:
https://swanbitcoin.com/rhettre

🏦 Earn Up To A 0 BTC Bonus When You Sign Up And Fund Your New BlockFi Account!
https://blockfi.mxuy67.net/rhettre

πŸ“ˆ How to Set up Google Spreadsheet Profit Tracking:

How I Automate My Bitcoin Purchases and Track Profits

⏱ Popular Cron Expressions:
15th + 30th of each Month: 0 12 15,30 * ? *
Every Friday: 0 12 ? * FRI *
Last day of each Month: 0 12 L * ? *

πŸ™‹β€β™‚οΈ FAQs: https://rhett.blog/2021/07/08/gemini-api-faqs/

How to Buy ETH (or other Altcoins):
1. Change any instance of “BTCUSD” to “ETHUSD” (or find your corresponding currency pair code here: https://docs.gemini.com/rest-api/#symbols-and-minimums
2. Change the rounding variable from 8 to the corresponding maximum for your currency pair (find the number by counting the number of places after the decimal in “Tick Size” in the link above) EX. ETH tick size is 6 so the code would change to – round((buy_size*.999)/price,6)

0:00 Intro
1:02 Gemini Fee Schedule
3:51 Setting Up Gemini API
5:02 Buy Bitcoin Lambda Function
8:55 Automation With CloudWatch
11:50 Setting up Transfers
13:40 Is There Anything Better?

Video for Gemini Crypto Trading Fees
Gemini Crypto Trading Fees youtube video content

10 Comments

  1. If you're having trouble implementing the solution, fret not! Here's a link to the FAQs and their answers: https://rhett.blog/2021/07/08/gemini-api-faqs/

    Lot's of people with no coding experience have already implemented a solution! If you get stuck even after the FAQs feel free to DM me on Twitter (remove your API keys) and we'll debug together πŸ™‚

  2. okay this is legit. Idk how Gemini can afford to offer 10 free withdrawls per month, pretty insane. The idea of automatic purchasing and withdrawls into a interest yielding account like blockfi is defiantly attractive.

  3. Hello Rhett! Thanks again for this video. The Gemini AWS tool code works flawlessly. Is there a trick to getting the Coinbase pro version of the code to work. AWS shows no error when I test but nothings happening on in CB pro. Thanks!

  4. I have absolutely no idea what you're talking about. I just want to buy crypto. I don't want anything buying crypto for me and I don't want to buy it on a schedule. I want to buy it when I feel like it.

  5. DONT BE FOOLED GEMNI WILL NOT LET YOU MOVE FUNDS BACK TO YOURE BANK THEY PULL FUNDS TO BUY CRYPTO BUT. YOU CANOT SEND FUNDS TO APROVED BANK ACCOUNT MY WATER HEATER IN MY HOME AND I COULDNT GET FUNDS OUT OF GEMINI. I CAN XFER TO WALET BUT NOT USD TO MY BANK

  6. This is really cool! Question about this code snippet –

    #execute maker buy, round to 8 decimal places for precision, multiply price by 2 so your limit order always gets fully filledΒ 
    buy = trader.new_order(symbol, str(btc_amount), price, "buy",["maker-or-cancel"])

    Can you explain exactly how this works and what you mean by "multiply price by 2 so your limit order always gets fully filled"?

  7. As someone who works at AWS, the fact you’re using Lambda functions is blowing my mind. On Gemini’s fee schedule I thought baseline fee was 99 cents. How are you getting 2 cents? Great video.

  8. Thanks for this.. Still working as of today. One thing of note is the email you get when the order is placed states the Taker fee , However the actual order goes through as a Maker Fee when filled.

  9. WOW this is really vv high quality content!! I honestly can't believe I got this for free – thank you πŸ™ŒπŸ™Œ
    One question: is there a way to automate moving my automated daily purchases of bitcoin to Gemini Earn?

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