What is Gemini?
Gemini is an all-in-one cryptocurrency trading platform. Gemini provides tailored services for both novice traders and professional technical analysts.
Here’s a look at some of the products they offer:
Do Research, Buy Assets, and Build Your Portfolio
Earn up to 8.05% APY
Gemini Credit Card®
With the Gemini Card you can get up to 3% “cash back” on purchases in crypto.
Trade using Gemini’s high-performance advanced crypto trading platform.
They have their very own regulated stablecoin (GUSD)
A secure Cold Storage solution for popular cryptocurrencies.
They can act as an intermediary for your private or professional dealings.
Is Gemini Safe?
Gemini is one of the most trusted cryptocurrency platforms today, thanks to its multi-layered security system.
As a testament to their security, Gemini is the world’s first SOC 1 Type 2 and SOC 2 Type 2 Certified crypto exchange. They are also ISO 27001 Certified.
To protect users, Gemini requires Two-Factor Authentication for account access and withdrawals. If you want to further protect yourself, you can add your own hardware security key. You also have the ability to restrict withdrawals from your account to crypto addresses you approve.
Is Gemini Legit?
The founders of Gemini wanted a place to manage and grow their crypto portfolios without fear. Their solution was to create Gemini, a cryptocurrency platform they could trust.
From day one, Gemini’s main focus has been on security and ease of use. They designated a program for creating security solutions to protect the customers and their assets.
How does Gemini Work?
Gemini is a crypto-trading platform fit for both experienced and new traders.
With plenty of advanced tools, you can use Gemini to take your portfolio to the next level.
They also provide in-depth learning resources to help you start off your crypto journey on the right foot.
How to use Gemini?
Click the “Get Started” button in the top right corner of Gemini’s homepage.
Provide your name, email, and password.
Verify your personal details.
Confirm your source of funding by connecting to your bank account.
Start your trading journey!
Gemini Payment Methods
Gemini only accepts Debit Cards for one-time and recurring buy orders for crypto. Debit Cards cannot be used to make withdrawals.
If you are trading, you must use ACH or Wire Transfers if you want to cash out.
Gemini offers various fees depending on the product or service you use, the frequency of transactions, and the amount you buy or sell.
The following areas have conditional fees:
- Mobil App
- Web Exchange
- Market Data usage
- Gemini Earn®
You have to withdraw through either ACH or Wire Transfers.
ACH withdrawals are maxed out at $100,000 per day. There is no minimum withdrawal amount.
Withdrawals made through a Wire Transfer must be more than $50 but are uncapped.
Is Gemini Wallet® Safe?
Their wallet supports every asset listed on their exchange.
Gemini Custody® has $200 Millon in Cold Storage insurance coverage. If you use an asset that Custody® doesn’t support, it will be stored on the Web Exchange.
You can buy and sell crypto using Gemini in all 50 of the United States and in over 60 counties worldwide.
In North America:
In South America:
In Australia and New Zealand:
Their mobile app allows you to easily stay up-to-date on market movements and make real-time trades from anywhere.
The Gemini App is available on the Apple App Store, Google Play, and the Galaxy Store.
Coinbase and Kraken offer larger varieties of cryptocurrencies than Gemini.
Coinbase accepts withdrawals to Debit Cards, which Gemini is missing.
Kraken keeps a larger percentage of its user’s deposits in cold storage whereas Gemini Custody® is only for select cryptocurrencies.