United States of America
Full trading platform
Since 2024
Volume 24H: $14,668,422
Gemini is a digital asset exchange that offers users three trading pairs - BTC/USD, ETH/USD, and ETH/BTC. It is one of the few Bitcoin exchanges regulated by the New York State Department of Financial Services (NYSDFS) and one of the few US exchanges that allow dollar-to-crypto and crypto-to-crypto trading. Both individual and institutional users can buy, sell, and store digital assets.
The Gemini exchange platform is simple with few buttons or excess, making it easy to navigate. The content on each page is minimal, resulting in a rather pleasant UX. However, the FAQs are seriously lacking. The answers all lead to other pages that someone searching for in-depth answers will already have looked through. It lacks mobile apps and the interface is not particularly newbie-friendly.
Crypto Currencies Support
Traditional Currency Support
- US Dollar (USD)
Language Support
- English
Country Support
- Canada
- Hong Kong
- Korea (Republic of)
- Singapore
- United Kingdom of Great Britain and Northern Ireland
- US partial
Platforms Systems
- Web Interface
- API
Stock Market Options
Interface
customisation:
- Not customizable
Advanced
Options:
- Limit Order
- Market Order
- Stop Order
- Immediate or Cancel IOC
- Maker or Cancel MOC
- Auction-Only Market
- Auction-Only Limit
Discounts For
The Big Traders:
- Reduced Maker fees
- Volume based discounts
Gemini says it is a security-first exchange. They haven't experienced any large-scale hacks yet. This is generally a good sign, although it does not guarantee anything for the future. Gemini offers custody services, has a hot wallet hosted on AWS, offers cold storage of funds in multi-sig wallets, 2FA, a high level of encryption, and FDIC and 3rd-party insurance of user assets.
Summary:
Security Features:
- SSL
- Bank Level Encryption
- Protection from DDoS attackes
Legal Registration or Compliance:
- FinCen registration (US)
- KYC/AML Compliant
The Gemini exchange is a product of the Gemini Trust Company, LLC based in New York, US. The firm was founded in 2014 by the Winklevoss twins: Tyler (CEO) and Cameron (President). Their goal is to create a world-class digital asset exchange based in the US. While they haven't been around as long as Coinbase, they've quickly built a great reputation in the community.
Summary:
Gemini is a full reserve digital asset exchange where users can only trade from pre-funded accounts. The exchange accepts bank transfers as well as Bitcoin or Ethereum ones, but no debit card, credit card, cash, or check. It offers fast execution, high liquidity levels, strict regulatory oversight and good security. Cons include a limited selection of altcoins and a slow verification process.
Deposit/Withdrawal Options:
Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto
Functionality:
Gemini offers little variety in terms of trading pairs, but accepts US dollars via Automated Clearing House (ACH) deposits or wire transfers. It has a unique auction feature that provides all users with an exact time and place to meet online, in order to trade at the same prices, regardless of time zone. Gemini has advanced order types, low fees, maker discounts and rebates for high-volume users.
Most common
customer complaint:
Slow account verification
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