Review on Gemini by theorich coreen
Gemini centralized platform.
Gemini is a platform of regulated cryptographic assets authorized by the State of financial Services of the New York State
.They use a manufacturer-taker compensation model and offer exchanges via their website and API.Gemini is also the issuer of the Gemini dollar (GUSD) indexed to the USD.GUSD is the world's first regulated stablecoin.
Although Gemini is a highly regulated platform,we do not consider it as the best in terms of what it has to offer and its functions.
Pros
- Gemini is a great exchange for those who value security above all else.
- Downloadable for iOS and Android.
- Registration to the website requires two-factor authentication.
Cons
- Only half a dozen parts exchanged.
- Holds the private keys of users.
- Complex interface for beginner trader.
- Centralized encryption solution vulnerable to hacking attacks.
- No trading on margin.
- One of the biggest issues that users have been confronted when starting this exchange is the fact that the platform requires a lot of personal information for a user to be checked.
New products
Comments (1)
March 25, 2020
The Gemini auction trading option is used mostly by advanced traders and the CBOE to set the price for its bitcoin futures.
