Gemini Exchange

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The Gemini Exchange is a New York based exchange that was founded in 2014 by Cameron and Tyler Winklevoss. The Winklevoss twins, who are enthusiastic and vocal proponents of Bitcoin and other cryptocurrencies, conceived of the idea in 2013 before officially launching the exchange in 2015. The exchange prides itself on being regulation-compliant, and states itself as being the first license exchange for Ether and Zcash.

Going with the tagline “The crypto revolution needs rules”, and describing its mission as wanting to build a rules-based marketplace that protects crypto investors as investors in other markets are protected, the Gemini Exchange has a number of features that attempt to make it distinct in a market that is extremely crowded. 

Gemini operates in seven regions: the United States, the United Kingdom, Canada, South Korea, Singapore, Hong Kong, and most recently, Australia. The exchange services include a mobile app for convenient trading, Bitcoin futures contracts and the targeting of institutional investors, which has been growing significantly in 2019.

Gemini also features its own stablecoin, the Gemini Dollar (GUSD). Like many other stablecoins, it is pegged to the US Dollar on a 1:1 ratio and is used to combat the volatility of the market. 

2019 saw a lot of partnerships and headway with institutional investment for Gemini. In May, the team announced a partnership with Flexa, a global cryptocurrency payments company, with the intentional of enabling retail outlets to accept cryptocurrency payments at stores. In April, Gemini partnered with Harbor, a platform for Security Token Offerings (STOs) to allow its users to invest in securities using the Gemini Dollar stablecoin. 


Bitcoin Bounces Back to $9.5K Amid New FED Announcement

16 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Bitcoin (BTC) has rallied back to $9500 levels following a Federal Reserve announcement on June 15 that it would buy up to $250 billion in individual corporate bonds.  Source Bitcoin, which had dropped to ~$8900 less than 24 hours ago, appeared to r...

Microsoft Launches Beta Version Of Identity System On Second-Layer Bitcoin Solution

12 Jun 2020 1 minute read 0 comments PassionCryptodotcom

The American technology multinational Microsoft Corp. has launched a beta version of its open source network of decentralized identifiers (DID) on the main Bitcoin network . Called ION, it is designed to bring back control of personal information fro...

Gemini Partners with Samsung Blockchain Wallet

29 May 2020 1 minute read 1 comment Abhimanyu Krishnan

New York-based exchange Gemini has integrated with the Samsung Blockchain Wallet, according to a press release made on May 28. This means that users of the Samsung Blockchain Wallet can buy, sell and trade cryptocurrencies through direct integration...

Americans will be able to invest pension contributions in bitcoin

27 May 2020 1 minute read 0 comments Kluma

Winklevoss brothers exchange Gemini and Bitwage have opened a new proposal for the US tax system, which allows citizens to transfer part of their salary to personal savings pension accounts before taxes Bitwage, a company that provides solutions for...

JP Morgan Offers Banking Services to Gemini and Coinbase

13 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Multinational investment bank JP Morgan Chase has decided to offer its banking services to United States based cryptocurrency exchanges Gemini and Coinbase, according to a report by the Wall Street Journal published on May 12. This marks the first cr...

Winklevoss Twins Reiterates Gemini's Plans to Go Global

12 May 2020 1 minute read 0 comments Abhimanyu Krishnan

New York-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, is taking steps towards a more global reach, as suggested by Cameron Winklevoss, who was speaking at the ongoing Consensus: Distributed conference on May 11. Gemini has bee...

Gemini Has Opened Deposits For BAT, DAI And Two Other Digital Assets

25 Apr 2020 1 minute read 2 comments xqanxxx

Image credit: CoinDesk Gemini has opened deposits for $BAT, $DAI $OXT and $LINK. Gemini via their Twitter channel yesterday 24th of April, announced that, users could deposit any of the above listed assets in their Gemini exchange account with the c...

Gemini adds Basic Attention Token (BAT)

7 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

United States exchange Gemini has listed the Basic Attention Token (BAT), making the digital advertising asset strongly associated with the Brave browser one of the select tokens to be featured on the highly regulation-focused exchange.  In a blog po...

BAT to Get Listed on Gemini Exchange

7 Apr 2020 1 minute read 8 comments CryptoMarketing

The Basic Attention Token (BAT) is set to be the sixth crypto to be listed on the Gemini Exchange, alongside Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Zcash. This was made known in a Monday, April 6th Announcement, by the Gemini Team. “We are pl...

New Artwork Landing on Gemini's Nifty Gateway

31 Mar 2020 2 minute read 2 comments BlockchainAuthor

Now With More Money-printing Monkey GIFs In November 2019, before ordinary citizens were installing bidets or wiping their backsides with junk mail, Gemini Exchange purchased a marketplace dealing in non-fungible tokens -- Nifty Gateway. On March 17,...