Gemini, A Bitcoin And Ethereum International Site Founded By The Winklevoss Brothers, Is A Digital Currency Financial Investment Platform And Custodian That Allows Clients To Invest And Store Digital Assets, Directly Regulated By The New York State Department Of Financial Services (NYDFS). Headquartered In New York, Gemini Currently Only Supports Investments In BTC, ETH, And Zcash, And Only Operates In The United States, Canada, The United Kingdom, South Korea, Hong Kong, And Singapore.
What Is Gemini?
Gemini Is A New York-based Cryptocurrency Centralized Exchange (CEX), Regulated By The New York State Department Of Financial Services And Available In All 50 U.S. States And More Than 60 Countries. The Platform Focuses On Fund Security And Regulatory Compliance. Although It Offers Fewer Types Of Cryptocurrencies Than Its Competitors, It Also Has More Than 120 Cryptocurrencies And More Than 21 Cryptocurrency Trading Pairs.
The Platform Serves Both Novice And Experienced Investors. In Addition To The Intuitive User Interface, The Project Also Provides A Rich Library Of Introductory Teaching Content For Newcomers To The Crypto Field. Customers' Accounts Will Be Properly Protected. The Exchange Is One Of The First To Be Certified As "SOC Type 1" And "SOC 2 Type 2". In Addition, The Exchange Also Provides Insurance For Certain Types Of Losses.
Its Core Products Include: Gemini ActiveTrader (for Skilled Traders And Investors), Gemini Earn, Gemini Exchange, Gemini Wallet, Gemini Mobile, Gemini Clearing, Gemini Dollar (GUSD), And Gemini Custody.
Who Are The Founders Of Gemini?
The Company Was Co-founded By Brothers Tyler And Cameron Winklevoss. They Are Identical Twin Brothers, Former Olympic Rowers, Investors, And Founders Of Winklevoss Capital Management.
In Addition, The Brothers Are Co-founders Of HarvardConnection (or ConnectU), A Social Networking Service, And Guest Of A Guest, A Social Media Site. They Were Also Classmates Of Mark Zuckerberg At Harvard. In 2004, They Sued Zuckerberg, Accusing Him Of Stealing Their Idea (meaning Project ConnectU) And Creating The Popular Social Network Facebook. As A Result, The Twins Won A $65 Million Settlement.
When Did Gemini Launch?
Gemini Trust Company, LLC Announced The Launch Of The Gemini Exchange In Early 2014, But It Didn't Go Live Until October 2015.
Countries That Restrict The Use Of Gemini
The Exchange Is Available In More Than 60 Countries, Including The United States, The United Kingdom, Canada, Australia, Hong Kong, Singapore, And South Korea. You Can Find A List Of All The Countries Where The Exchange Is Available On Their Website.
Which Currencies Are Supported By Gemini?
Traders And Investors Can Buy, Sell, Or Store More Than 100 Cryptocurrencies On Gemini, Including BTC, ETH, GUSD, ADA, AAVE, DAI, LINK, LTC, USDC, And More.
What Is The Processing Fee For Gemini?
The Ecosystem Charges Different Types Of Fees Depending On The Products Customers Use, Including: API Fees, Mobile End Fees, App Fees, Hosting Fees, Active Trader Fees, Transfer Fees, Etc.
Active Trader Fees Are Executed In A Pending-eating Mode And Are Calculated Based On The User's 30-day Trading Volume. Pending Fees Range From 0.04% Of 0 Volume To 0.03% Over $500 Million, While Eating Fees Range From 0.20% Of 0 Volume To 0.00% Over $500 Million.
Stablecoin Trading Pairs Will Be Charged A 0.00%/0.01% Pending/eating Fee.
Can I Use Leverage Or Margin Trading On Gemini?
Gemini Does Not Offer Leverage And Margin Trading.
