With the rapid development of the virtual currency industry today, many exchanges are trying hard to meet the increasingly demanding customers' needs. In which Gemini is one of the few exchanges that can meet a lot of fastidious customer requirements such as easy transactions with bank accounts, or clearly legal documents. So What is gemini, please together Virtual money blog Find out in the article below!
What is gemini?
Gemini is a Bitcoin and virtual currency exchange founded in May 2015, consisting of the Winklevoss brothers Cameron and Tyler Winklevoss. They became popular when they won the case with Mark Zuckerberg's Facebook case in 2009 for stealing their ideas, and received $ 65 million in compensation including $ 20 million in cash and 1.25 million shares. promissory note. In 2013, they started investing in bitcoin, until now they own 1% of the total bitcoin in the world.
Gemini Flooring is a trademark of Gemini Trust Company, LLC. As a company registered in New York, and a company that meets the same standards as a bank in the United States, it has earned a very good reputation for customers and businesses. invest.
Features of Gemini trading platform
Because of meeting the strict standards of US law, Gemini users can safely conduct Bitcoin, Ethereum, and USD transactions. In addition, the floor also has many other impressive features such as
- High security:
Gemini always complies with the strict regulations on the protection of digital assets (here are virtual currencies) and the consumer protection laws are regulated by US law. For USD accounts of Gemini customers insured by FDIC (The abbreviation of the Federal Deposit Insurance Company of the United States is a company of the US Federal government operating as a sole agency). to monitor and guarantee deposits at US banks).
All digital assets (here are virtual currencies) are stored by cold wallets, while online assets are stored on Amazon Web Services, with the aim of helping to enhance information security for people. use. In addition, Bit-Z also provides very good security features such as email, 2-layer security (2FA).
- Nice and friendly web transaction:
Gemini's interface is beautifully designed, simple and easy to use to provide the best experience for users and investors who want to trade on the floor. The main data on prices, status and balances of transactions is updated immediately, making it easy for users to track and determine the next transaction quickly.
- Customer support:
For answering customer questions, Gemini has created a special section to answer customers' frequently asked questions so that they can find the best answers to their questions, as well as create a blog specifically to provide customers with the most basic and in-depth instructions on how to buy and sell Bitcoin.
In addition, Gemini handles customer requests via email or on their social networking pages within hours.
Low transaction fees: Gemini has an extremely competitive transaction and withdrawal fee, only 0.1%.
Which coins does Gemini support?
Currently, the Gemini exchange only supports major coins such as: Bitcoin (BTC), Ethereum (ETH) and there are not many different types of coins yet because US law only recognizes those coins. The main trading pairs on the exchange are BTC / USD; ETH / USD, ETH / BTC
Gemini currently operates throughout the United States and some other markets around the world including Canada, Hong Kong, Puerto Rico, Singapore, South Korea and the United Kingdom.
Fees on Gemini floor like
Gemini's basic fee for all transactions is 0.25%, however, if a pair of buyers and sellers frequently trade with each other, Gemeni will charge according to the total number of transactions the pair has continuously over 30 days, and at That may be transaction fee is only 0.1%.
Gemini transaction fee
When depositing at the floor, there will be no charge whether depositing in Bitcoin or USD
The withdrawal fee at the exchange is based on the number of transactions per month, if you do not make more than 10 transactions in a month, there is no fee for withdrawing, if you make more than 10 transactions per month, the withdrawal fee will be 0,002 BTC for Bitcoin or 0,001 ETH for ETH, bank withdrawal is free even if you have more than 10 transactions at the exchange.
See details of deposit and withdrawal fees in Gemini at https://gemini.com/transfer-fee-schedule/
Is Gemini floor a scam?
Up to now, Gemini has not been involved in any scam cases and has not been attacked by a hacker. Gemini is a very safe trading platform in the US which is considered to have the confidentiality of customers' information and trading on par with the major financial institutions in the US so many customers choose this exchange.
Above is the article “What is Gemini? Top American Bitcoin and Crypto Exchange Review ” Hope to help you have an overview of Gemini, this is a good choice for you who are interested in trading virtual currencies or want to experience a Bitcoin and digital currency trading platform. Great reputation comes from America. In the following article, I will guide you how to register for an account, security and trading on Gemini trading floor, so you should pay attention to the virtual money blog.
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