Gemini Exchange Review: Is Gemini a safe exchange?

If you’re looking to sell and buy Bitcoin or Ether and you have no idea where to begin, this Gemini exchange review will help you to decide.

There are various forms of digital currency exchanges and each one of them has different pros and cons to their platforms. Some provide lots of distinct coins but have security issues. Whereas, others offer only some digital assets and have extreme security features. Let's get into the complete review of the Gemini Exchange!!

What is Gemini?

Gemini is a Bitcoin and Ether exchange platform. Winklevoss twins founded Gemini back in 2015. The Exchange is based in New York. It became one of the most beloved cryptocurrency exchanges in the space of digital currency. It is the world’s first licensed Ether exchange in 2016.

Gemini is a direct contestant to the likes of Coinbase, Bitstamp, and Kraken. It is because it provides crypto to fiat payments as well as a BTC/ETH market.

Gemini Exchange Features

1. Trading Platform: Gemini offers users a very simple web interface that allows users to trade cryptocurrencies. Access to the trading environment requires secure login details.
2. Regulation: The state of New York has a regulatory body that oversees cryptocurrency exchanges operating within its jurisdiction.
3. Reliability: It is suitable for institutional clients, as well as individuals. Gemini is one of the safest exchanges to do business.
4. Customer support: Emails are used to deal with complaints and issues. The exchange responds within a matter of hours, rather than days.

Currencies Supported

• BTC/USD
• ETH/USD
• ETH/BTC

Also it supports

• Bitcoin(BTC)
• Ether(ETH)
• Litecoin(LTC)
• Bitcoin Cash(BCH)
• Zcash(ZEC)
• Basic Attention Token(BAT)
• Chainlink(LINK)
• Dai(DAI)
• Orchid(OXT)

Pros and Cons

Pros:

• Additional security measures.
• Professional and high-end service.
• Great customer support.
• User-friendly.
• Low exchange fees.

Cons:

• Requires a lot of information to register.
• There is a limit to funding methods.
• A limited selection of coins available to buy.

Final Words

According to the Gemini exchange reviews, it is one of the most secure and highly regulated crypto trading platforms. Traders who live in the US or are US citizens should seriously consider using Gemini as their source for their trading services.