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Gemini Review 2019: Is it Still Worth It? What We Know



► Read our long form review here:
► Coinbase Pro Review:

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► Time Stamps ⏰

0:06 Introduction
0:43 Exchange Overview
1:22 Countries Covered
1:22 Gemini Security
2:05 Asset Coverage
2:29 Trading Fees
3:22 Deposits / Withdrawals
3:50 KYC Requirements
4:14 Trading Platforms
5:00 Mobile Apps
5:18 Customer Support
6:05 Conclusion

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► Overview 📝

Gemini was established in 2015 and is based in New York. It was founded by the Winklevoss twins

They are one of the best known “fiat gateway” exchanges next to Coinbase.

Gemini is available in 45 US states as well as a few other countries including Canada, the UK, Hong Kong and Singapore.

They are also registered as a New York State limited liability trust which means that users have FDIC protection on USD based accounts.

On the crypto side, they make use of cold storage for the bulk of their coin reserves.

Coin coverage is rather limited and they have Bitcoin, Bitcoin Cash, Litecoin, Ethereum and ZCash.

There are two different fees options. These are the web fees as well as the ActiveTrader fees. The ActiveTrader fees are about 0.10% – 0.35%.

There are no fees for funding / withdrawal and these are pretty easy to do.

There are two trading platforms on Gemini and these are the simple Web Trader as well as the ActiveTrader for more advanced traders.

There is also a mobile app as well as an API for the developers out there.

Customer support is reasonable although there have been complaints in the past about the slow service that some traders have got.

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► Warning!! ⚡️

Always Do Your Own Research when trading cryptocurrencies. They are very risky and you should practice prudent risk management.

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► Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #Ethereum #Gemini #Trading #Exchange #USD #crypto #GUSD

Source: Coin Bureau

25 Responses

  1. I opened up a account on Gemini. After I did all the AUTH of my Identity and Bank DC . Everything was GTG . Then they froze my account with no explanation its been over a month with many e-mails and phone calls with no response. Then I got some funny looking e-mails from them to send them them ID and Bank Card again with other info . I cant even Delete my Account so they have all my info . I'm thinking about sueing them. It seems fishy and a scam. I wouldn't recommend Gemini.

  2. How about a video explaining the Gemini "Notional Account Value". Why do they list this? It isn't the real value of the money you've earned or lost. And how do you discern the gains and losses of your crypto? With stocks it is easy to see. On Gemini it is not Explain this please.

  3. Gemini is truly easy and quicker in everyway, I personally think that BTC is becoming more of a store of value (like gold) than one that's used as currency (like cash). I think its deflationary nature is a headwind for BTC being used as a currency and it's rise right now also prevents that. I know that I'm not spending any of my BTC at the moment with upside of trad!ng much bigger right now. I’m not a pro tradr but I was lucky enough to make 13’B’T’C since late last year following the instriuctions and s!gnals from Allen Moritz. He runs program for investors/newbies who lack understanding on how trad!ng Bitcoin works, to help them utilise the volatility of the crypto mar:ket and also stack up more bitcoin. You can easily get to Allen on Եҽlҽցɾαต {AllenMoritz} ահαեsαթթ + 1 8 0 4 9 9 9 5 6 1 2 for Crypto related issues. Leave a like or sub-comment if you are headed to the moon with me.

  4. DO NOT USE GEMINI. I HAVE HAD A NIGHTMARE WITH THEM. THEY VIRTUALLY HAVE NO CUSTOMER SERVICE. AFTER BLOCKING MY ACCOUNT FOR REASONS I DON'T KNOW, I CAN'T GET ANY RESPONSE AFTER 2 WEEKS. THEY HOLD MY $10,000 DEPOSIT, BUT I HAVE NO ACCESS TO IT. SOME AGENCY NEEDS TO LOOK INTO THIS CRIMINAL BEHAVIOR.

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