Review on Gemini by Olugbenga Ajayi
Very reliable Gemini exchange
Gemini is an exchange that has earned the trust of both individuals and the corporate world. It is even used as one of the exchanges for the CBOE Bitcoin futures settlement. This is because it is regulated and complaint with US banking standard.
Beside being regulated by highly respected US financial regulatory body, it is also security conscious. It has many features that protect your assets against hackers.
Although the headquarters is in New York, USA, it is also available in other countries like Canada, Hong Kong, Puerto rico, Singapore, South Korea and UK.
This exchange supports both flat Currencies and two cryptocurrencies which are ether and Bitcoin. You can deposit with bank wire or other methods supported by AHC.
Conclusively, this is good and recommendable exchange for those that cake security over other things. Whatever assets, no matter how much it may be is safe with Gemini.
Pros
- Most assets on Gemini are held offline to minimize or totally prevent potential losses do to hackers activities
- It is fully registered and compliant with US banking standard
- It does not have any record of shady deals
- Customer support is highly commendable
- The platform is well designed with user friendly features and simple, easy to use interface
- Transaction processes suit both professional and begginers
- Deposit of funds is free whether flat or cryptocurrency
- Bank wire or other methods accepted by US Automated clearing House(AHC) is acceptable
- First 30 withdrawals in the month are free
- It uses 2 factors authentication
- It collect all necessary valid information from users at sign up stage
Cons
- Due to high volume of transaction on the exchange, there is regular downtime
- The funding agents accepted are few
- Many pesonal information required can discouraged people
