Whether you’re an experienced trader or just getting started, Gemini has all the tools you need to build your crypto portfolio. The regulated platform prioritizes security and operational compliance, and is the world’s first cryptocurrency custodian and exchange that has never been hacked. Although the platform accepts multiple fiat deposit methods and offers a ton of products, be prepared to compromise with high trading fees and rather discomforting customer support.
The fees charged by Gemini vary depending on product and usage level. Here’s a detailed breakdown of the charges:
Orders placed via Gemini mobile and web apps incur convenience fee and transaction fee, varying on the order amount.
Order Amount (Mobile & Web App)
Less than $10
More than $10, but less than or equal to $25
More than $25, but less than or equal to $50
More than $50, but less than or equal to $200
More than $200
Gemini offers products for both beginners and advanced traders. Its current suite of products include:
Gemini is currently operating in 60+ countries.
Gemini allows you to fund your wallet with both fiat and crypto.
Individuals receive 10 complimentary withdrawals each month. For each additional withdrawal, you’ll be charged a fee based on the individual value of the currency you’re withdrawing. Check out the withdrawal fee from here.
Gemini is regulated by the New York State Department of Financial Services (NYSDFS) and accordingly must meet the corresponding compliance, consumer protection, cybersecurity, and capitalization requirements to protect customers interests. The platform also carries the moniker of the world’s first licensed ether (ETH) and ZCash (ZEC) exchange services that is operational in more than 60 countries.
When it comes to security, Gemini really stands out from the crowd. The platform has operated with a security-centric mentality since day one, addressing three critical areas – safeguarding customer’s data and assets against external threats, protecting against human errors, and preventing misuse of insider access.
Besides your regular 2FA and OTPs, Gemini ensures that customer’s assets are held in its offline, air-gapped Cold Storage system. The limited amount that stays in the Hot wallet is also insured to ensure additional coverage from unforeseen circumstances. There’s a lot of techie-shit going on behind the scenes like FIPS 140-2 Level 3 or higher rated HSMs, multisig to safeguard private keys, hardware security keys, SOC 1 Type 2, SOC 2 Type 2, and ISO 27001 certifications – so yeah, Gemini is safer than the basement your dad hides his old porn stash in.
Gemini is among the most secure exchanges out there. It is regulated by the New York State Department of Financial Services (NYDFS). To date, there are no reports of any successful hacks on the exchange.
Gemini offers an intuitive and easy-to-use trading interface, several essential features, and customizations. It is highly rated across the Google and Apple stores, indicating that it is a great, if not the best, exchange venue for specific activities.