That is no longer a question and that has become a reality. Users of Samsung cryptocurrency wallets can now buy and sell Bitcoin and several other cryptocurrencies through the Gemini exchange. Users can also view their Gemini account balances more quickly, and transfer Bitcoin and cryptocurrency to cold wallets for greater security.
Gemini CEO Tyler Winklevoss said:
Crypto is not just a technology, they are a movement ... We are proud to partner with Samsung to deliver the promise of cryptocurrencies, greater independence and opportunities for individuals around the world.
Samsung has become a leader in supporting Bitcoin and cryptocurrency on smartphones after introducing the Blockchain Keystore last year, a move aimed at promoting the adoption of cryptocurrencies.
The collaboration comes as cryptocurrency exchanges around the world are witnessing an increase in user registrations and transaction volumes amid the coronavirus pandemic.
Gemini's CEO added:
Customer demand for cryptocurrency products is growing sharply, from institutional investors to retail investors. This demand is increasing even during a pandemic. We hope they will continue to increase in the future.
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