Header banner
Revain logoHome Page
Tomek Klys photo
1 Level
10 Review
17 Karma

Review on Gemini by Tomek Klys

Revainrating 5 out of 5

Gemini the Fully licensed crypto exchange

Many investors, both novice and advanced, want to invest in cryptocurrencies but do not want to trade on unregulated exchanges. Gemini is providing this opportunity by building a fully regulated secure bridge between the crypto and fiat worlds. On the institutional side, Gemini is creating a true institutional class trading environment.
At the same time, Gemini has placed itself in the middle of the centralized versus decentralized security debate. While Gemini promotes its regulated and cold wallet solutions and warns against using private wallets as “your digital mattress”, recent cryptocurrency scams are testing investor trust in exchanges. Investors want more guarantees after the loss of access to $190 million by Canada’s biggest exchange QuadrigaCX.



Pros
  • Fully licensed crypto exchange
  • Fast sign up and Gemini Sandbox simulated trading
  • Secure exchange and multi-currency wallet
  • Strong institutional trading features and custody services
  • Low fees for trading and withdrawal
Cons
  • Only half a dozen coins traded
  • Few trader educational resources
  • API plug-ins for pro traders but few technical indicators for the novice
  • Centralized crypto asset solution vulnerable to hacking and phishing attacks
  • No margin trading and also Holds users’ private keys

Similar reviews