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Is Gemini a good exchange to trade?

by admin | Nov 14, 2019 | Gemini | 0 comments

1-800-665-6722

Gemini, the leading US-based Cryptocurrency is popular worldwide for its security measures. It is a bitcoin and ether exchange platform allows users of countries like the US, Australia, Singapore, etc to do trading. Discovered in the year 2015 by the Winklevoss Brothers who are also known as The Billionaire Bitcoin Brothers. The Twins brothers grabbed the limelight back in 2004 when the sued the CEO of Facebook Mark Zuckerberg over Facebook. The brothers claimed that it was their idea and Facebook CEO stole it from them. After these allegations, they received $65 million in damages. Call on Gemini customer support number for help.

This pair made an investment of $11 million into Bitcoin in April 2013. During that time, each coin costs around $120. At present, the investment has increased up to over $1 billion. The exchange is based in New York and has quickly gained attention of users and has become one of the fast growing Cryptocurrency exchanges in the digital currency space. It also became of the world’s licensed Ether exchange in 2016.

At present, the exchange has a total of 51 employees and is on 39th position at present in the world as per the daily trading volume as per the Coinmarketcap. Though the bitcoin and Etherum trading of Gemini is excessively high, still, the exchange is unable to compete with other cryptocurrencies, such as Binance. This exchange is a direct competition to other platforms like Coinbase, Bitstamp, and Kraken. It is because the exchange provides fiat payments along with the BTC/ETH market.

This exchange is also considered as the most secure exchange among others because of its additional features to protect users information from hackers. It is fully secured and one of the exchanges for the CBOE Bitcoin futures settlement. To know more, call on Gemini Phone number for assistance.

What makes it best among its competitors?

  1. The exchange offers additional security measures that mean it has only small percentage of bitcoin which is available online in the exchange and majority of it is offline making it less prone to hacks.
  2. US dollar accounts are protected by the Federal Deposit Insurance Corporation and all funds are placed in chartered bank based out in New York.
  3. Its complete registration along with compliance with banking standards, making it suitable for institutional clients and individuals. It also serves high-end services to its users.
  4. You will get best customer support from them. They have sections like blog and FAQ section to deal with all the issues. When you are not satisfied with the solutions available in these sections, you can deal with them by sending email. The exchange replies in a few hours.
  5. It has user-friendly interface and well-designed structure which is convenient both for beginners and advanced users.
  6. You can easily make Gemini bitcoin and Ethereum purchases and all thanks to its user-friendly basic buying options. The exchange also has a feature of a more advanced marketplace. This makes the exchange for users with different experience levels.
  7. It has a feature of low fees. Cryptocurrency, bank ,and wire deposits features are free of charge.

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