Home Page
Venezuela
10 level
358 reviews
1247.75 karma

Review on Gemini by Gabriel Medina

Reliable backed exchange

Gemini is a digital currency exchange, created by the Winklevoss brothers in 2015. In 2016 it became the world's first licensed Ethereum Exchange.

The Gemini platform is very well designed to improve user confidence. I found it very simple to use. Provides a smooth, fast and responsive experience. The exchange is very popular.

Characteristics

  1. Custody Services: Gemini meets the highest level of capital reserve requirements and banking compliance standards.
  2. Market: Allows you to trade bitcoin and etherium through three-order books with six different order types, including daily double-sided bitcoin auctions.
  3. Regulatory Oversight: It was the first licensed bitcoin and etherium trading platform in the US.
  4. Fund Security: Client deposits in US dollars are held in FDIC-insured banks.
  5. Good Customer Service: Offer customer service 24 hours a day from real human beings.
  6. Superior Trading Experience: There are discounted fees and discounts for high volume traders, making it popular with institutional investors and high volume individual investors. All deposits and withdrawals are processed free of charge.
  7. Gemini Auction Facts: This platform is popular for its auctions, which take place daily at 4 PM Eastern Time and 7 PM Singapore / Hong Kong Time. They are held every day, including weekends and holidays.

Security

Gemini is bound to comply with security, banking and capital reserve regulations and they have not been disappointed.

On top of this, users must verify their accounts to trade here. The email and password must be ordinary, you must also attach your ID, passport or driver's license issued by the government.

In any case of difficulty, you can seek the customer service team. There are many channels included such as Twitter, Facebook, email, live chat, and an online helpdesk.

Conclusion

Gemini is a specialist Bitcoin and Ethereum exchange, this is too restrictive for most people. Your fees may not be very high, but this may improve over time.

If you are looking for a place to confidently trade bitcoin and ether, and you live in the United States or Canada, then you can't go wrong using Gemini.

Pros & cons

  • It has a security mechanism with a Sandbox account.
  • It has an intiutive and friendly website.
  • There are no fees for deposits and withdrawals.
  • Unfortunately it has a limited number of accepted countries such as the USA and Canada.
  • In trading the fees are very high.
  • Little coverage.