Crypto Frontline

Gemini Review

 

Gemini Crypto Exchange Overview

Gemini is a cryptocurrency exchange based in New York, founded in 2015 by the Winklevoss twins. Even the name itself – Gemini- refers to the zodiac sign picturing a pair of twins. Tyler and Cameron became famous back in 2004 when they sued Mark Zuckerberg for stealing their social platform idea. They managed to get $65 million in damages. A few years later, in 2011, the brothers had invested $11 million in Bitcoin, an investment now worth very close to $1 billion.

Although the Gemini exchange appeared recently and it does not have a long track record in the market, it quickly became one of the most reliable exchange platforms in the market. Currently, it is placed on the 34th spot in the coinmarketcap.com ranking by daily volume. A nice achievement, considering that the exchange has support for only 6 cryptocurrency pairs.

Another achievement worth to mention is that Gemini became the first licensed Ether exchange in the world in 2016.

Gemini crypto exchange

Main Features

  • Coin types: BTC/USD, ETH/USD, ETH/BTC, ZEC/BTC, ZEC/USD, ZEC/ETH
  • Available payment methods: wire transfer, Bitcoin, and Ethereum
  • Fees structure: trading fees between 0.0%-1.0%
  • Verification process: after providing personal details and bank account details, each customer needs to provide an identification document and a proof of address.
  • Geographical restrictions: the exchange operates in the US, Canada, Hong Kong, Singapore, South Korea, and the United Kingdom.

Pros

  • The exchange provides good liquidity for the supported cryptocurrency, despite being launched less than three years ago, showing that the company managed to gain the trust of customers quickly.
  • Variable fees, which is an advantage for those wanting to trade higher volumes.
  • One of the most trustful exchange, having been licensed as an Ether exchange in 2016.

Cons

  • The exchange only operates in 6 countries, leaving all the others unable to trade with Gemini.
  • A limited number of supported cryptocurrency pairs.
  • Due to compliance with regulation, the verification process requires a lot of information.

Gemini Review Summary

Overall, Gemini is a trustful cryptocurrency exchange, being the first licensed Ether exchange in the world. Despite the support for just 6 cryptocurrency pairs, Gemini manages to be among the top exchanges by daily volumes, a fact that shows there’s interest from people to use its services.

 

>>Visit Gemini Now!<<

 

Gemini Review - overview
4.2out of 5
Exchange rates
4.2out of 5
Reputation
4out of 5
Fees
4out of 5
Payment methods
4out of 5
Number of coins 4.3

Summary: One of the most important and highly reputable cryptocurrency exchange platforms in the market. One of the best places to trade Bitcoin, Ethereum and ZCash for fiat or against each other.

4.07 Good
4.07 out of 5