Gemini is a cryptocurrency exchange that facilitates the trading of digital assets such as Bitcoin, Ether, and Zcash.
- Great customer support
- Completely safe
- Low fees
- Limited deposit options
- Complex interface for a beginner trader
Gemini operates under New York Banking Laws, carries Federal Deposit Insurance Corporation insurance, and has never been hacked. Gemini is a cryptocurrency exchange that focuses on two things: the trust and safety of its customers’ funds, and the ability to trade using USD.
We conducted an in-depth analysis of the trading platform, in order to identify all the advantages and disadvantages, and to familiarise ourselves with the opinions of its active users. We also tested Gemini’s trading platforms on our own. You can read the results of our research below.
Gemini – Who Are They?
Gemini is a US-based cryptocurrency exchange that was founded by the famous Winklevoss brothers. Launched in 2014, the exchange has won over fans with its combination of security features, low fees, and support of a wide variety of cryptocurrencies.
With a global presence, Gemini strives to find the best ways to protect its users, while providing them with the tools they need in order to trade cryptocurrencies. Gemini boasts excellent security. It employs cold storage to protect your money from online thieves, while its virtual private network (VPN) protects you from hackers on public Wi-Fi networks.
Cryptocurrency exchange, Gemini, has an ‘Electronic Money Institution‘ (EMI) license from the UK government regulator, Financial Conduct Authority (FCA), so we consider it absolutely safe for UK traders.
Gemini is the best exchange for cryptocurrency and fiat currency. It gives you more freedom of payment methods, and diverse kinds of cryptocurrencies to choose from, compared to other exchanges.
| Type | Fees |
| Bank Account | 1.49% |
| Wallet | 1.49% |
| Debit/Credit Cards | 3.49% |
| ACH Transfer | Free |
| Wire Transfer | Free |
| Crypto Conversion | 1.49% |
| Trades | Fee of $0.99 to $2.99 based on the amount or 1.49% for trades over $200 |
Check out the list of the best crypto wallets in the UK in our other guide.
Compare Gemini Features With Other Brokers
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Our Opinion About Gemini
Gemini has a wide range of educational tools. It has various free educational resources in the market for new and professional traders. You can get your hands on e-books, educational videos, and other useful tools. Therefore, the broker is great for both those who decide to start studying cryptocurrency trading and for those who have been in this area for a long time.
The broker pays great attention to the safety of its users and is licensed and highly regulated in the UK.
FAQs
Absolutely. Gemini is a good platform for buying, selling, storing, or exchanging cryptocurrency. This broker boasts low fees and supports numerous cryptocurrencies such as Bitcoin, Ether, and Litecoin.
On top of that, it employs cold storage to protect your money from unauthorised access. Moreover, its virtual private network (VPN) protects you from hackers on public Wi-Fi networks.
Yes. Gemini has no minimum deposit requirement, thus making it a good place for those who want to enter the crypto market. Moreover, the broker offers quality educational resources that beginners can use to learn about cryptocurrencies.
You can use e-books, educational videos, and other valuable tools Gemini offers to learn the ins and outs of the crypto market. The broker is also a good choice for experienced traders.
Yes. Trading and investing in cryptocurrencies on Gemini can be highly profitable. However, your capital is always at risk when trading cryptocurrencies or other assets. Therefore, only invest money you can afford to lose. If you are a beginner, start learning to limit the risks of incurring losses.
No. Gemini and Coinbase have unique features that make them stand out. Keep in mind that every crypto investor has their own trading or investment preference. For instance, Coinbase is an excellent choice for users who want an exchange that supports all major cryptos. On the other hand, Gemini is a good choice if you want to save money on trading fees in the long run.
✔ 20+ supported digital currencies
Gemini is more expensive than other crypto exchanges, but its fees cover insurance and more features. There's a simple interface for new investors, while its ActiveTrader platform is designed for advanced investors. So, this broker comfortable for both beginner and advanced cryptocurrency investors.
Gemini has functioned flawlessly and security is of the utmost importance! I strongly suggest you take it for a spin and compare it to others.
I love this trading platform and have been purchasing crypto for months and trading via Gemini exchange. This is due to the possibility of a lightning-fast transition from buying to trading, security, design, and the ability to buy gift cards. Definitely more trusting and customer oriented than coinbase where one accidentally charges back and gets you banned or eternity even if you pay it back !!! Would like to see more promotions or a learn and earn opportunity! Gemini has established itself as a leader and shown that they take pride in being an trustworthy, innovative, secure platform.
A very nice platform to use. I opened my account, did the verification and was up and trading within a couple of days. My advice is to try it for yourself. Just do a small amount at first. If you are a beginner, like me, I think you will find it easy to use. Gemini is a great service with a user friendly interface and quick response time.
Buying is easy and fees are cheap. No problems depositing and withdrawing money. Excellent crypto exchange and wallet. I trust Gemini.
They are very simple and affordable. No charges for deposit or withdrawal money. Their service is consistent and the support team is perfect. Highly recommend.
Gemini is one good exchange that maintains its reputation no matter what. It has chosen to follow the legal path and is fully regulated, ensuring your investment is always a safe one. If trust is your main priority, give Gemini a try.
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal