What Is the Gemini Dollar and How to Buy It?

By SwapSpace on The Capital


  • GUSD’s reliability and undisputed security is what sets it apart from other similar tokens — like Tether or Pax;
  • Gemini is an ERC-20 token and benefits from the many advantages of the Ethereum blockchain;
  • The project integrates the perks of blockchain with the security of the U.S. Dollar and the supervision of official regulators;
  • The coin boasts high rates of turnover and retrieval in comparison with many other stablecoins;
  • Users with a BlockFi Interest Account (BIA) can earn compound interest on their GUSD.


  • Interacting with GUSD requires proving your identity and passing certain KYC procedures;
  • GUSD is a regulated stablecoin, which may seem like an advantage, but also makes the crypto subject to regulations. Regulated tokens can be censored or confiscated if an activity or transaction associated with them is deemed illegal by the regulating authority.

How does the Gemini Dollar work?

Where to trade GUSD?

  1. On SwapSpace homepage, select GUSD in “You send” section and the cryptocurrency you would like to receive in “You get” section. Enter the amount of GUSD you want to exchange.
  2. Choose the instant exchange service that suits you most.
  3. Specify the recipient address and check if all the data is correct.
  4. Send your GUSD coins to the address you will see on the screen.
  5. Wait until the exchange is complete.




A social networking platform that turns creators into entrepreneurs.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store

SwapSpace is a cryptocurrency exchange aggregator that allows you to swap over 700 cryptocurrencies instantly with no limits, no extra fees and without sign-ups