Best For

      Beginners
      Advanced Traders
      Custodians
      Family Offices
      Institutions

Gemini is a US focused centralized cryptocurrency exchange. Fully compliant with regulations, the company has positioned itself to provide crypto asset custody services for major institutional clients. Gemini was founded in 2014, by Tyler and Cameron Winklevoss.

Gemini Exchange - 2020 Comprehensive Review

Overall Score:

6
Trusted
Liquidity:
4.5 of 10
Purchase Options:
7 of 10
Ease of use:
8 of 10
Trust:
9 of 10
Fees:
3 of 10
Support:
6.5 of 10

Gemini Exchange Overview

Trading Fees Maker: 0.100% / Taker: 0.350%
Exchange Type Centralized
Fiat Trading US Dollars
Purchase Options Bank Transfer, Crypto Deposits
Android App Yes
iOS App Yes
Trading Options Spot Trading
Order Types Limit, Market, Limit-Stop, Trailing Stop, Maker-or-Cancel, Auction-Only (AO) Limit, Indication of Interest (IOI)
Exchange Token No
Token Benefits NO TOKEN
Charting Software Internal
KYC Check Yes
KYC Rules Required For All Accounts
IEO Platform No
Education Resources No
Convert Micro Balance No
Institutional Accounts Yes
Trading API Yes
Deposit Insurance Yes
Withdrawal Speed Fast
Customer Service Email, Phone Support
Promotions Refer Gemini to a friend and you both get $10 worth of bitcoin.

Gemini Mobile App Features

Deposits

Yes

Withdrawals

Yes

Price Alerts

Yes

Margin Trading

Yes

Margin Funding

Yes

Live Chat Support

Yes

Gemini Trading Fees (Maker & Taker)

TierMonthly Volume RequirementMakerTakerMaker
Discount
Taker
Discount
Level 1$0.000.10%0.35%--
Level 2$1,000,001.000.10%0.25%--
Level 3$2,500,001.000.08%0.20%--

Gemini Deposit & Withdrawal Fees

AssetDeposit FeeWithdrawal Fee
Digital AssetsFreeFree
ACHFreeFree
Wire (USD)$10 USD$10 USD

Complete list of Gemini withdrawal fees

Gemini Markets & Volume

Rank

101

Total Assets

5

Total Markets

15

Volume 24h

$19,265,979.06

Volume 7d

$198,100,205.42

Volume 30d

$492,455,992.68

Gemini Top Markets

Crypto AssetsPricePairs24h Volume
BitcoinBTC$12,834.717$14,643,364.54
EthereumETH$404.117$1,960,170.80

Gemini Supported Stablecoins

Stablecoin AssetsPricePairs24h Volume
Gemini DollarGUSD$0.000$0.00

Gemini Exchange Alternatives

Rating6/108/108.5/10
Trading FeesMaker : 0.100%
Taker : 0.350%
Maker : 0.15%
Taker : 0.25%
Maker : 0.1%
Taker : 0.1%
Fiat TradingYesYesYes
Purchase OptionsBank Transfer, Crypto DepositsBank Transfer, Crypto Deposits, Credit CardsCrypto Deposits, Credit Cards
Trading OptionsSpot TradingSpot Trading, Margin TradingSpot Trading, Margin Trading, Margin Funding, Futures Trading
IEO PlatformNoNoYes
Mobile AppsYesYesYes
HeadquartersNew York, NYSan Francisco, California, United StatesMalta
Learn MoreReviewReviewReview

Pros and Cons

Pros

  • Established Company - Gemini is one of the most reputable US based cryptocurrency exchanges with over 5 years of operating history.
  • Institutional Accounts - Gemini offers institutional accounts with custodial services.
  • Fiat Deposits - Bank and wire transfer deposit options are available on Gemini.
  • Mobile App - Gemini an easy to use mobile app available on the Google Play & Apple App Store.
  • Regulated & Licensed - Users do not need to be concerned about any regulatory action against Gemini as the exchange is properly licensed.
  • Ease Of Use - Gemini doesn’t have many trading options and is therefore generally easier for new users to navigate.

Cons

  • Trading Fees - Gemini has extremely high maker and taker fees for retail traders at 0.5% respectively for each.
  • Trading Options - Gemini only offers spot trading on 6 total crypto assets.
  • Liquidity - Trading volume for any crypto asset on Gemini besides Bitcoin is below the industry average.
  • Privacy - Gemini requires all users to submit documents for identity verification and to pass a standard KYC process prior to using their exchange.

Frequently Asked Questions

Is Gemini a trustworthy exchange?

Does Gemini have a mobile app?

What crypto assets are available on Gemini?

Is Gemini a better option than Coinbase?

Can I buy Bitcoin on Gemini?

Summary

Gemini was founded in 2014 by the Winklevoss twins. The company has excellent security history, fiat deposit options, and operational licensing from some of the strictest financial regulatory agencies in the world.

Gemini has transitioned its focus from retail to institutional customers. Their recently launched Gemini Custody solution is specifically made for large account holders that want the added security of enterprise grade crypto asset storage.

Blockfer does not recommend Gemini for retail traders. Crypto asset purchase and trading fees are considerably higher than the industry average and the exchange has limited trading options. Gemini is a better option for larger funds and institutional accounts seeking regulatory compliance and strong account security.

Learn More Best Features

Gemini Official Website

  • The most trusted crypto exchange in the US market. The best insurance coverage ($200 million) on all crypto deposited.
  • Budgeting tools for retail buyers like Bitcoin recurring buy.
  • Support for Institutions that need a fully regulated crypto exchange.

Legal & Regulation - Facts & Figures

Legal Name Gemini Trust Company, LLC
Incorporated Country United States
Headquarters New York, NY
Year Founded 2015
CEO Tyler Winklevoss
Total Employees 101-250
Regulators New York State Department of Financial Services (NYDFS)
Links Website, Crunchbase, Twitter, Blog, LinkedIn

Methodology: How We Review And Compare

Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience.

The cryptocurrency exchanges found in this category have been tested extensively by our team as part of the review process. Factors we analyze in our exchange reviews and comparisons include: liquidity, purchase options, user experience, trading fees, trading options, listed assets, reputation, mobile experience, and customer support.

The Blockfer Promise: We do everything in our power to keep content up to date and in the best interests of our audience. Blockfer does not shy away from poor ratings. Products or services that do not meet our reputability standards will be rated as 'Not Trusted'. Compensation from partners does not, and will never, effect our review process.

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