The New-York based exchange, Gemini has surely set new standards in the world of crypto market because of its accepting nature with regulators. In addition to that, the exchange has its upper-hand in enabling high-security features for its customers. The way of providing and paying attention on regulations and security has surely garnered attention both from institutional and retail investors on the platform. Go through the brief dissection of Gemini into five classical large chambers:
Here, were dissect Gemini into five large chambers.
- Gemini Security
If we talk about security, then this exchange surely comes on the top and leave behind its rest of competitors. The security level of this exchange matches with the top traditional financial firms and along with that, to make it more higher, it provides 2fa feature to add more security to the account. It has cold storage system to keep cryptocurrencies and the Federal Deposit Insurance Corporation (FDIC) insures its fiat deposits. To look after its online funds, the exchange uses AWS (Amazon Web Services), which has its own set of security elements such as 2fa, hardware security, and multi-level access.
- Gemini Customer Support
The exchange provides a complete detailed Help centre that is further divided into different levels – trading, general, security, and developer sections. With all these categorizations, it becomes easier to users to instantly locate their section and lead to saving of time which is required when trading on crypto exchanges. Though, all these categories include its own sets of issues. To overcome that, it also has email support for its users to in order to solve queries whose solution can’t be found on the Help centre. To email the support team of exchange is processes through sending a request with the help of using ‘ submit request’ form. Other options like chat and active social media presence can also be helpful in looking for answers and clarifications related to issues.
- Supported Countries And Cryptocurrencies
The headquarters of the exchange is situated in United States and has presence in almost all the states of United States except Hawaii. Other countries that have the services of this exchange are Hong Kong, Canada, the U.K, South Korea, and Singapore. Also, the exchange supports Bitcoin (BTC), Ethereum (ETH), Zcash (ZEC), Bitcoin Cash (BCH), and Litecoin (LTC) and also has 16 trading pairs and is still planning to add more coins. To know more, call on Gemini helpline number which is functional all the time for guidance and assisting.
- Trading Limits And Fees
Gemini exchange doesn’t imply trading limits and nor cap the allowed amount of deposits and withdrawals. But, users who use Automated Clearing House (ACH) to transfer funds are restricted up to 500 US dollars per day in 24 hours and the monthly plans are for 15,000 US dollars. The users are attracted towards this exchange because of its low charging fees. Also, institutional investors via ACH, the daily and monthly transfer limits are 10,000 and 30,000 US dollars respectively.