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Gemini crypto exchange works like many other exchanges. It’s possible for you to buy cryptocurrency using fiat currency or crypto.
Last updated
Gemini crypto exchange works like many other exchanges. It’s possible for you to buy cryptocurrency using fiat currency or crypto.
Last updated
Gemini crypto exchange works like many other exchanges. It’s possible for you to buy cryptocurrency using fiat currency or crypto. You can send your crypto to the exchange from your wallet or fund your account with a bank transfer or debit card purchase. Additionally, Gemini offers trading between cryptocurrency pairs, allowing you to trade one crypto for another without the need to convert to a fiat currency first.
You can buy, trade, or store more than 30 crypto assets with Gemini, including coins like Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Polkadot (DOT), and Uniswap (UNI). On top of that, Gemini offers its own stablecoin, the Gemini dollar (GUSD), which is backed by the U.S. dollar.
Gemini offers several features and products, including:
Gemini Clearing: If you’re interested in off-exchange trading, you can choose to trade directly with another party. Gemini offers clearing services for peer-to-peer trades.
Gemini also offers the Gemini Credit Card, which can earn you rewards in the form of over 60 different cryptocurrencies.
On top of offering insurance on crypto wallets — something somewhat rare for crypto exchanges — Gemini also employs multi-factor authentication and follows best practices for security. Not only that, but Gemini is a licensed New York trust company and submits to bank exams. There are multiple internal controls and other measures in place to protect the exchange and your account.
You can access Gemini on mobile for iOS and Android and purchase the app in the Samsung Galaxy store.
Gemini could be a good choice for someone looking for an easy way to build a crypto portfolio and access other financial services in conjunction with using cryptocurrencies. While you might want to be an intermediate trader before trying Gemini, there are also some features that might be good for beginner cryptocurrency investors.
