Gemini

Based in: United States
Founded: 2014
URL: https://www.gemini.com
Rating: 9/10

Gemini is generally considered trustworthy.

Key Facts

Gemini is a well-established cryptocurrency exchange based in the United States, founded in 2014 by brothers Cameron and Tyler Winklevoss. Known for its strong emphasis on regulatory compliance, security, and a user-friendly interface, Gemini has become one of the most trusted platforms for buying, selling, and storing digital assets. The exchange is particularly popular among both individual and institutional investors, offering a wide range of cryptocurrencies and financial services designed to cater to both beginners and professional traders.

One of the key features that distinguishes Gemini from many other exchanges is its regulatory compliance. Gemini is fully licensed and regulated in the United States, which sets it apart from other exchanges that may operate in more lightly regulated or unregulated jurisdictions. Gemini is a trust company regulated by the New York Department of Financial Services (NYDFS), and it follows stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. This regulatory oversight gives users confidence that their assets are stored in a compliant environment and that the platform adheres to high standards of security and accountability.

Gemini offers a wide range of cryptocurrencies for trading, including popular assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and a number of other altcoins. The platform supports trading in various crypto-to-crypto pairs, as well as fiat-to-crypto pairs, enabling users to buy and sell digital assets using traditional currencies like the U.S. Dollar (USD), Euro (EUR), and British Pound (GBP). Gemini also supports stablecoins, particularly the Gemini Dollar (GUSD), a regulated stablecoin pegged to the U.S. Dollar, which provides a way for users to park value within the crypto ecosystem while avoiding the volatility that often accompanies digital currencies.

For traders, Gemini offers both a basic platform for simple buying and selling of assets and a more advanced trading platform known as Gemini ActiveTrader. ActiveTrader provides a range of sophisticated tools, including advanced charting, multiple order types, and real-time market data. The platform allows professional and institutional traders to execute more complex strategies, while also offering low fees for high-volume trading. Gemini’s trading fees are competitive and depend on the user's trading volume, with the platform offering discounted rates for higher-volume traders.