#GEMINI CRYPTOCURRENCY VERIFICATION#

It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Traders who live in the US or are US citizens should seriously consider using Gemini as their source for Bitcoin and Ethereum trading services. The fact that it has never been hacked is the testament to this.

Attainment of this status means that Gemini is a fully reliable broker which has put in place various means of protection for its clients. Gemini is one of the few regulated cryptocurrency exchanges in the world. Gemini is one of the safest platforms that any cryptocurrency trader can use. Gemini is a very legit exchange and is not a scam. The reliability of the Gemini cannot be questioned in any way.

#GEMINI CRYPTOCURRENCY VERIFICATION#

The user is expected to fill an online form and then pass through a thorough KYC verification process before an active account can be allocated to the applicant. Gemini also accepts withdrawals in Bitcoin, Ethereum, and US Dollars. Gemini accepts cryptocurrency (ETH and BTC) as well as fiat money deposits in (in USD). Gemini charges transaction, transfer as well as dynamic maker-taker fees on all trading and deposit/withdrawal transactions. Gemini is based in the United States (New York to be precise). Gemini is a regulated cryptocurrency exchange. Here are some of the most common questions that users and prospects ask about Gemini.

Transfer fees, which are charged for moving funds into and out of the trading accounts that users hold on Gemini.

This is also known as the Dynamic Maker-Taker Fee.

Trading fees, which are charged on trades conducted by traders on its platform.

Gemini charges two types of fees on its platform: Order types are listed below:Īll users of Gemini are given the same account type, irrespective of the volume of their transactions. Orders can also be set to be valid within certain time limits. When it comes to trade types, market and pending orders on the Buy and Sell side of orders can be used.

Since it is possible to accept deposits with the US Dollar, users do not have to exchange their fiat for cryptocurrencies on another exchange before coming to Gemini to deposit same. The only fiat currency that can be used on Gemini is the US Dollar. Traders can buy and sell these freely and can also use them as deposit/withdrawal exchange media. Gemini’s main cryptocurrency assets are Bitcoin and Ethereum. However, the web interface (regular and sandbox) can be used without any problems on smartphones and tablet devices. Access to the trading environment requires secure login details.Īn interactive chart, order book and various tools of analysis are featured on the Gemini platform.

The web interface can be of the regular UI variety or can be of the sandbox type.

Gemini offers users a very simple web interface that allows users to trade cryptocurrencies. Users of the Gemini service can expect to do business using the following platforms: Gemini Web Platform Therefore, traders with Gemini can afford to sleep with both eyes closed, knowing their monies are safe. Gemini is subject to the security, capital reserve and banking compliance requirements of its regulator. Gemini is one of the safest exchanges to do business. Gemini is regulated by the New York State Department of Financial Services (NYSDFS). Gemini is the first licensed digital asset exchange for individuals and institutions. The state of New York has a regulatory body which oversees cryptocurrency exchanges operating within its jurisdiction. Gemini Trust LLC is, therefore, saying to the world that it intends to take cryptocurrency trading brokerage business to new frontiers, breaking new grounds in the process. The Gemini concept was inspired by the Gemini space mission of the 1960s which pioneered spacewalks. The brand operates out of New York City, New York. Started in 2017, Gemini is one of the few regulated cryptocurrency exchanges in the world. Gemini is an institutional and retail cryptocurrency exchange service that is owned and operated by Gemini Trust LLC, a company which was set up by the famous Winklevoss twins (who famously had a running battle with Mark Zuckerberg over the ownership of the Facebook concept).

Gemini cryptocurrency