Gemini is a crypto exchange developed in 2014 by twin brothers Tyler and Cameron Winklevoss. This pair is popular for suing Mark Zuckerberg for creating Facebook. This exchange is available in 50 US states and over 50 countries worldwide. Unlike other exchanges, this exchange is licensed and controlled by the New York State Department of Financial Service. The Financial Conduct Authority(FCA) allows the platform also to offer its services to customers in the UK. Gemini claims to be highly secure than other platforms. What are you waiting for? Try Gemini now, or continue below to learn more.
Buy Bitcoin and crypto instantly with Gemini.
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Background & Overview
Gemini cryptocurrency exchange is famous in the US and offers you storage, selling and buying of cryptocurrencies. You can access these services through your browser and mobile apps, both IOS and Android. A standard account is best for beginners, but The exchange also offers an advanced account for professional participants, the Gemini ActiveTrader. Some of the various Gemini products include Gemini pay cryptosystem, the Gemini stablecoin which is the Gemini Dollar, the two wallet types, the exchange wallet and the Gemini Custody, and Cryptopedia which educates amateurs on crypto trading and Gemini staking. Keen on getting continuous staking rewards? Sign up for Gemini today! Visit Gemini now!
›› Not a customer yet? Register with Gemini today, it's quick and simple!Advantages at Gemini
+The site insures digital tokens and coins from possible hacks.+The cryptomedia feature is useful for beginners in crypto trading.
+The exchange houses more than 50 cryptocurrencies you can trade in.
+It is regulated and licensed therefore it ensures security of your investment.
+It offers mobile apps to allow easier and faster operations.
Disadvantages
-Gemini is not the cheapest crypto exchange.-It excludes some of the well-known crypto coins.
-Linked debit cards are not available.
KYC & Registration
First, you need to visit the exchange website and click the login button. You will be directed to a tab where you will enter your personal details. You will also need to set up your two-factor authentication. The second step is the Singpass where you will receive a verification email from the exchange. Validate your email and login once more for identity verification through Singpass. You then need to add a payment method from the homepage where you will need to link your bank account. The KYC requirements include a passport or driver's licence for US citizens but for Canadian citizens, a social insurance number can also work. International clients will need two national documents for verification, including a valid passport, national identity card, or a driver's licence.
Company Account
Gemini is one of the biggest exchanges for institutional traders and they have best-in-class functionality. Additionally, they have won multiple awards for this aspect of their platform. KYC is a bit more extensive than what you'd expect as an individual trader, but this is to be expected.
Leverage
Being an American crypto exchange, they do not offer leverage. If you are into leverage, please check out FTX, Kucoin, Gate.io or Skilling instead.
Costs
▪ Rated at 8/10Gemini crypto exchange charges its withdrawal, deposit, transaction and convenience fees. The transactions fees are illustrated below.
+For less than $10 you pay $0.99.
+For more than $10 to $25 you pay $1.49.
+To transact amounts between $25 and $50 you pay $1.99.
+For transactions between $50 to $200, $ 2.99 is the fees.
+To transact more than $200 you will pay 1.49% of the total transaction amount.
The convenience fees from Gemini crypto exchange stands at 0.5% of your transaction coin current value. For any Crypto deposits and wire transfers, you are not charged but for Debit card transfers, 3.49% will be charged on the total amount of the purchase. You will not incur any charges for withdrawals but only for ten withdrawals a month; exceeding ten withdrawals attracts fees.
Deposit Methods
▪ Rated at 8/10Below you can see a list of the deposit methods available on Gemini. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.
Currently, there are a number of popular deposit methods, including bank transfer, Visa or Mastercard. Read more about the deposit methods at Gemini here.
Platforms
▪ Rated at 10/10The following platforms are supported by Gemini:
The Gemini crypto exchange mobile apps are pretty easy to use, allowing the customers to perform tasks right on their smartphones. The apps are highly rated on the google play store and also have price alerts signal users on cryptos they are following. The desktop site is also user-friendly, where you can set repeated buying, selling, and converting crypto. The Active Trader platform is used by expert traders who are allowed to place several orders and access charting features.
Automated Trading and Copy Trading
They don't currently appear to have copy trading functionality. Also, there is no autotrade mechanism built into the site either.
Languages supported
The following languages are supported on Gemini:English and Spanish
Broker Support
▪ Rated at 9/10Gemini crypto exchange customer support is available for 24 hours. You can contact them through email and chat. They also have a telephone number that you can contact them through with social network help through Twitter, Facebook or Instagram. The support team is dedicated to giving the best services with the relaunch of the their Help Center.
FAQ
Where can I register for Gemini?
The best way is to open an account here and if you have any further questions you can get in touch with their support directly.
Who are the founders of the cryptocurrency exchange?
The Winklevoss brothers; Tyler Winklevoss and Cameron Winklevoss.
What are the cryptocurrencies you can trade on Gemini crypto exchange?
Bitcoin, Dai, Ethereum, Dogecoin, Litecoin, Polygon, Bitcoin Cash, and Chainlink. There are more cryptocurrencies that exceed fifty,
Is Gemini crypto exchange safe for trading?
Yes, with regulation from both the Financial Conduct Authority and the New York State Department of Financial Services.
When was Gemini crypto exchange founded?
This crypto exchange was developed in 2014.
Does Gemini charge any withdrawal fees?
Yes, but you don't pay anything for the first ten withdrawals of the month. Withdrawing more times will cost you a fee.
How does Gemini crypto exchange earn money?
Gemini earns from withdrawal fees, transaction fees, interest on its earn accounts, transfer fees, swapping fees, and custody fees.
Which countries is Gemini earn available?
The Us and Singapore citizens can access this cryptocurrency exchange earn, although the exchange is available globally.
Instruments available
Find the full list of instruments available to trade at Gemini here. Gemini got a decent selection of crypto instruments for trading, but still far from the same amount as Binance or FTX. This might partly be due to Gemini being registerred in the U.S, where laws are harder for what's allowed on the exchange.
▪ Rated at 9/10Crypto Currencies
1INCH/USD, AAVE/USD, ALCX/USD, AMP/USD, ANKR/USD, AP13/USD, ASH/USD, AUDIO/USD, AXS/USD, BAL/USD, BAT/ETH, BAT/USD, BCH/BTC, BCH/ETH, BCH/USD, BNT/USD, BOND/USD, BTC/DAI, BTC/GUSD, BTC/USD, COMP/USD, CRV/USD, CTX/USD, CUBE/USD, CVC/USD, DAI/USD, DOGE/BTC, DOGE/ETH, DOGE/USD, ELON/USD, ENJ/USD, ETH/BTC, ETH/DAI, ETH/EUR, ETH/GBP, ETH/GUSD, ETH/SGD, ETH/USD, EUL/USD, FET/USD, FIL/USD, FTM/USD, GALA/USD, GRT/USD, INJ/USD, KNC/USD, KP3R/USD, LDO/USD, LINK/BTC, LINK/ETH, LINK/USD, LPT/USG, LRC/USD, LTC/BCH, LTC/BTC, LTC/ETH, LTC/USD, LUNA/USD, MANA/USD, MASK/USD, MATIC/USD, MC/USD, MCO2/USD, METIS/USD, MIM/USD, MIR/USD, MKR/USD, NMR/USD, OXT/BTC, OXT/ETH, OXT/USD, PAXG/USD, QNT/USD, RAD/USD, RARE/USD, REN/USD, RNDR/ USD, SAND, SHIB/ USD, SKL/USD, SLP/USD, SNX/USD, SPELL/USD, STORJ/USD, SUSHI/USD, TOKE/USD, UMA/USD, UNI/USD, USDC/USD, UST/USD, WCFG/USD, XTZ/USD, YFI/USD, ZEC/BCH, ZEC/ETH, ZEC/LTC, ZEC/USD, ZRX/USD›› Sign up at Gemini here
Screenshots from Gemini
Related coin? Learn more about GUSD
The Gemini Dollar is the coin that is used on Gemini, so it's worth reading more about it on our review page.›› Read our full Gemini Dollar review here
The 1:1 USD-backed stablecoin made by Gemini.
Related blockchain? Learn more about Ethereum Network
Ethereum Network is the blockchain that Gemini relates to, so it's worth reading more about it below.Ethereum offers a blockchain that’s available to everyone. All you need is a wallet to participate. Ethereum offers open access to data-friendly services and digital money, no matter your location or background. More so, it’s a community-based tech behind thousands of applications that you can use today and the ETH cryptocurrency...
›› Read our full Ethereum Network review here
Ethereum Blockchain - The Internet of Assets.
Read the Gemini Terms and Conditions here.
Gemini Review Published: Monday, 28 Mar 2022 2:10 pm
Last Updated: Thursday, 9 May 2024 1:26 pm