Gemini Vs Coinbase: Find Out Which Option Is Best For You
Gemini vs Coinbase: Find Out Which Option is Best for You Home Exchange Comparisons Gemini vs Coinbase: Find Out Which Option is Best for You Coinbase and Gemini are two of the best ways for beginners to start investing in Bitcoin and Ethereum . In this Gemini vs Coinbase exchange comparison, well show you the pros and cons of each option, to help you choose the one thats right for you. Bitcoin, Ethereum, Litecoin, Bitcoin Cash Both sites offer the ability to buy and sell cryptocurrency with bank transfers & wires. However, Coinbase also allows you to make purchases with debit cards and credit cards. Additionally, Coinbase allows you to sell cryptocurrency in exchange for PayPal funds. Coinbase supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Gemini only supports Bitcoin and Ethereum. User Experience and Beginner Friendliness Overall, were big fans of the user experience on both Coinbase and Gemini. The two sites do however function a bit differently. Coinbase works more like a cryptocurrency store, than it does a traditional exchange. Instead of having you trade with other users on an exchange, Coinbase directly facilitates users buy and sell orders. All thats required to place a buy order on Coinbase is to choose your cryptocurrency and the amount of it you want to buy. The price and fees will be clearly displayed at the time of your order. Purchases made via credit card are completed instantly, allowing you to immediately send the cryptocurrency you purchased. For some users, purchases made through bank accounts are also instant. This is a new feature of Coinbase, thats being slowly unveiled. If you are not eligible for instant buys with a bank account, your purchase price will be locked in when you place your order. Youll then received the specified amount o Continue reading >>
Gemini Exchange Review: Full Analysis
Cryptocurrency exchanges are platforms where users can trade different cryptocurrencies. Among ample of exchange platforms, Gemini has significantly emerged as a starlet in the universe of cryptocurrencies. Launched in 2015, Gemini is a respected exchange platform which allows traders to trade Bitcoins , Ethereum , and USD. It is a US-based cryptocurrency exchange developed by Cameron and Tyler Winklevoss in order to ease the cryptocurrency trading.Cameron and Tyler are twin brothers who are also the owners of 1% of the total bitcoins. The Winklevoss twins went legal against Mark Zuckerberg and won $65 million from which they invested $11million into bitcoins and thus, are one of the largest holders of bitcoins today. Gemini was built with a lawful and legalized approach and thus, it a reliable platform for trading. This platform not only allows the users to buy and sell Bitcoins and Ethereum but also is also popular for its two-sided auctions. This auction facilitates all the Gemini customers an exact time and platform to trade the bitcoins. Gemini is also one of those exchange platforms to get the license for ether and bitcoin trading. It is a registered venture following all the legal agreements and thus is an immensely popular among business owners and investors as a trustworthy exchange. Gemini is supported in the USA, Singapore, Canada, UK, Hong Kong, South Korea and Puerto Rico. For depositing and withdrawing altcoins , Gemini does not set any limits. However, through the automated transfers, users can deposit $500 a day and$15,000 a month. Organizations and institutions can make the deposit of $10,000 a day and $300,000 a month. When it comes to purchasing, the minimum amount of bitcoin purchase is 0.00001 BTC and 0.001 ETH. For trading on Gemini, users need to Continue reading >>
Gemini Bitcoin Exchange Review
Last updated on November 27th, 2017 at 03:34 pm The Gemini bitcoin exchange was devised by a famous pair of twins, Cameron and Tyler Winklevoss. You might remember them as the Olympians who sued Mark Zuckerburg. But today, you should be thinking of them as owners of nearly 1% of the worlds bitcoin, as well as a legitimate trading exchange named Gemini. These American brothers brought Gemini to the world in 2015, and they used a very different approach to building a cryptocurrency company. Based in New York, they took a route that most others were desperately trying to avoid: regulation. Before launching the exchange, it became a fully compliant and fully registered enterprise, and it held the highest levels of both capital reserves and compliance to banking standards. The Winklevii continue to strive to build a world-class exchange of digital assets. Their underlying philosophy in the unruly cryptocurrency world is to always ask for permission, rather than beg for forgiveness. It is clear that the company has designed itself to stay completely above-board every step of the way. Many now see it as one of the mostif not the mostlegitimate trading platforms in the world. The Gemini platform is very nicely designed to enhance user confidence. I found it very simple to use. While it is not packed with advanced features, it does provide a smooth, quick, responsive experience. The exchange chugs along nicely. Its balances, orders, and prices instantaneously change, so youll never lose your place. This feature is important to me in any exchange. In the past, I have been frustrated elsewhere by slow loading times and dippy connections. Security-wise, it provides the functions you would expect, including two-factor authentication, which is a must in any financial account. The we Continue reading >>
The Complete Beginners Guide To Gemini Review 2018 - Is It Safe?
The Gemini Exchange was founded in October 2015 by the Winklevoss twins (hence its name). Cameron and Tyler Winklevoss are arguably most well known for suing Mark Zuckerberg over Facebook, claiming he stole their idea. They ended up winning over $65million USD in damages in court, of which they invested $11million into Bitcoin placing them as one of the largest holders of Bitcoins with a current valuation of over a billion dollars . Cameron and Tyler Winklevoss, Image from Mashable . However, since then, the twins have focused on building one of the sectors most respected exchanges and in just two years Gemini has gained a significant portion of the cryptocurrency trading market, and has broken into the top 20 in relation to Bitcoin trading volumes. In this review we will be taking a look at the Gemini Exchange, its features, ease of use and fees. The exchange is based in New York and holds the status as being a New York State limited liability Trust, Gemini is a fully compliant and fully registered enterprise, and adheres to the highest levels of compliance to banking standards. As a result, the exchange deals with both institutional and individual clients, and is a popular option with investors who prioritize security and efficiency. Gemini is one of the sectors most well respected exchanges and acts as a bridge between the more traditional financial markets and the cryptocurrency ecosystem. The exchange also brings a high level of professionalism to the market and provides a high class service that is lauded by its customers. Functionality The Gemini platform is well designed and easy to use. The interface is kept relatively simple and provides a smooth and efficient user experience. Key data on prices, orders, and balances update instantaneously, which keeps the pl Continue reading >>
Gemini Bitcoin Exchange Review
Home Exchange Gemini Bitcoin Exchange Review Aiming to provide a sturdy and reliable bridge to the future of money according to its own slogan Gemini(gemini.com) is a New York-based crypto currency exchange launched in October 2015, by the Winklevoss twins of Winklevoss Capital Management LLC. The company behind the exchange is Gemini Trust Company LLC, and Tyler Winklevoss is its CEO. Having been involved in various Bitcoin-related investments for years, the Winklevoss twins saw it fit to err on the side of caution this time, pushing their startup through a series of regulatory hoops, earning a license as a New York State Limited Liability Trust instead of operating under Bitlicence. This way, the exchange can serve corporate as well as retail clients. Gemini currently has offices in most of the US states, in Canada, as well as in the UK, in London. The current address of the Gemini Trust Company headquarters is 600 Third Avenue, 2nd Floor, New York, NY 10016. They can be contacted via toll-free phone at +1(866)240-5113. Open 24/7, the exchange features three currency-pairs: BTC/USD, ETH/USD and BTC/ETH. Gemini runs on three distinct order-matching engines, one for each of the above said currency pairs. Every trade executed through the Gemini marketplace is reported both to the public and the customer through the market data API. Gemini is a full-reserve exchange meaning that all trades hosted by its platforms are pre-funded. Gemini also features public and private REST APIs for which full documentation is available at gemini.com. Amazon Web Services acts as the host of the hot wallet of the operation, while cold-storage tasks are fulfilled by state-of-the-art systems. All Gemini Customers trade from pre-funded accounts. Personal accounts are the default ones. Institu Continue reading >>
Gemini Review | Why Use Gemini Exchange | Bestbitcoinexchange.io
Gemini Review | Why use Gemini exchange | bestbitcoinexchange.io Gemini is a large cryptocurrency exchange that can sit comfortably next to some of the other larger exchanges on the market. With the continued growth of the crypto exchange market, it can be difficult to know which one to trust and which one to ignore. Let's be honest, we don't have time to go from site to site reading about small details of all exchanges. And sometimes, the information presented on one portal is simply not enough. You also have to consider whether the information is credible. We have an in-depth analysis and detailed review of Gemini Bitcoin Exchange, having gone through the process of signing up and actually buying through the exchange. Once you have read this, we hope you are positioned to make an informed decision about whether to use Gemini to trade cryptocurrencies. Cryptocurrency Credit-Card Neteller Paypal Fast-Bank-Transfer Gemini was founded in 2014 by the famous duo, the Winklevoss twins. They are famous for many reasons, one is for suing Facebook creator Mark Zuckerberg for their original idea of the social networking website. They have had an interest in bitcoin and cryptocurrencies in general and were actually involved in Bitinstant - the website that was involved in facilitating drug-deals. The duo however stated that they were only passive investors, and were not aware about the operations at length. Gemini is based in the US, and draws the majority of its traffic from the US itself. They are fully operational in over 45 states of America, along with UK, Singapore, Canada, South Korea, Puerto Rico and Hong Kong. Their biggest market however is definitely the US. Gemini's net-worth currently stands between $1 to $10 million dollars (it is difficult to pin-point the exact n Continue reading >>
Gemini Review - Is Gemini.com Scam Or Safe Cryptocurrency Exchange?
Gemini is a brand owned by t Gemini Trust Company, LLC. They are regulated by the New York State Department of Financial Services (NYSDFS), but not under its infamous BitLicense, but simply as a trust. This assures some consumer confidence, while avoiding the hassle with the unpopular piece of legislation. If you are not familiar with the case, the aforementioned New York regulators wanted to create a licensing system for crypto exchanges. The idea was to make the Big Apple a major cryptocurrency trading centre, just how it is in traditional finance. That being the case the project wasnt appreciated by most of the companies in the field, as a lot of them didnt apply for it. Those who argue this makes it basically useless are backed by the rate at which licensing was given to the companies who did apply. At the time of writing of this review, two years since the legislation came into effect, only three companies have been granted the license. The name Gemin comes from the owners of the company, the Winkelvoss twins. While they may be most famous for suing Facebook creator Mark Zukerberg over their idea for a social networking site, they also have interest in the crypto-space. It is worth pointing out, the famous rowers were also involved in Bitinstant, a company which was involved in facilitating transfers for drug deals. The brothers claimed they were only passive investors and were not aware of the operations. When it comes to security, Gemini hasnt experienced any large-scale hacks yet. This is generally a good sign, although it does not guarantee anything for the future. The user reviews on the company arent that many, which can be explained by the fact it doesnt operate in the entire world. Here is a map of all of the regions, which they support (click to zoom-in): Continue reading >>
Gemini Vs Coinbase? - Bitcoin
Which is better? I know Gemini is an actual exchange and Coinbase uses Bitfinex (I believe) but is it just as safe to hold bitcoin on each platform, etc? *I know that in general it's not safe to hold bitcoin on any exchange... that said, just wanted to get your thoughts deposits are credited right away for trading. Can withdraw after clearing bank cancels orders left and right for god knows what reason suspends your account whenever for god knows what considerable markup compared to current price blames everything on their fraud prevention software doesnt seem like any humans are left running the show You always run the risk keeping coin on any exchange. Move it to a wallet you control whenever you can...Period... Most accurate thing I have seen especially their "suspicious activity" / fraud prevention that is flaws to the extreme. If you buy in dips and spend the majority of your funds, then expect it to cancel due to "suspicious activity". Their fraud prevention will not see it as you buying in a dip, but instead as using most of your funds and that by itself is suspicious to their fraud prevention software. Extremely flawed no wonder one of their top officials resigned. Coinbase have appalling customer service, it's quite strange, as if they almost dislike their customers. For a nice example, I spent about 5 hours repeatedly re-uploading my passport photo because they accepted it, then their system 20 minutes later automatically rejected it. Their response to my support email was to tell me my email did not have an account with them. When I pointed out to them that they had been sending numerous automated emails asking me to fund my account to email so it must have an account with them and explained I would share this on Reddit they immediately banned me and my acco Continue reading >>
Coinbase Vs Gemini Review: 2018
Home Investing Cryptocurrency Coinbase Vs Gemini Review: 2018 Coinbase vs Gemini: which digital exchange should you choose when purchasing cryptocurrencies? When buying bitcoins,ethers, litecoins, or any of the many other cryptocurrencies, the questions buyers have are: Where can I buy cryptocurrencies securely? What is the cost to buy or sell cryptocurrencies? In this Coinbase Vs Gemini review, we compare two U.S. based online companies that allow you to buy and sell cryptocurrencies and have established solid reputations among their respective communities of users as well as from renowned investors. Coinbase is a digital currency exchange based in San Francisco that was founded in 2011. If you are a newbie to the world of cryptocurrencies, perhaps the hardest first step to figure out is where you go to buy or sell bitcoin, ethereum, or litecoin. Coinbase recognized that while whiz kids who are technology savvy could figure out how to mine bitcoins and other cryptocurrencies, the average Joe or Jane investor had no online destination to easily purchase crypto coins using credit or debit cards. The company got its start in the highly prestigious start-up accelerator program, Y-Combinator, and within a couple of years received its first round of funding for $5 million. Since then, Coinbase has gone on to raise hundreds of millions of dollars in venture capital and serves tens of millions of customers. While Coinbase has been backed by some of the most successful investment professionals, including Andreessen Horowitz and Draper Fisher Jurvetson, the question remains is Coinbase safe? So far, the company has had a good record of security and grown internationally to allow users in over 25 countries to buy and sell cryptocurrencies and provide cryptocurrency wallets to us Continue reading >>
Gemini Review: Is Gemini Safe?
Gemini was founded in 2015, by Tyler and Cameron Winklevoss (Co-Creators of Facebook). Despite launching more recently than most of their competitors, Gemini has quickly gained a huge percentage of the cryptocurrency trading market. In this Gemini Review, Ill show you the pros and cons of this exchange. In a rapidly growing industry, many exchanges have struggled to keep up with growing customer support needs. Now known for their far above average customer support, Gemini has separated themselves from the pack. Another benefit of Gemini is their fast and beginner friendly services. Unlike most exchanges, Gemini allows you to begin trading as soon as you deposit via bank transfer. While you cannot withdrawal from the exchange until your deposit is fully processed, this allows you to purchase your first Bitcoin or Ethereum immediately after depositing. How to Use Gemini to Buy Bitcoin and Ethereum Below well show you the process for creating a Gemini account and buying cryptocurrency with a bank transfer. Signing up on Gemini is a multi-step process in itself. After youve verified your email, youll be taken through Geminis signup process. Youll be required to: Enter your location and phone number, then enable 2-Factor Authentication (2FA). 2FA will help keep your account secure, by requiring an additional code when logging in. Add the bank account you want to use to deposit. Bank transfers and wires are the only deposit methods currently accepted at Gemini. Verify your identity by uploading your government issued ID. This is required by nearly all cryptocurrency exchanges that allow users to deposit, withdrawal, and trade in fiat currencies (USD, EUR, GBP, etc). It is required for the exchanges to comply with various government regulations. This verification can take up Continue reading >>
Gemini Review - United States Bitcoin, Ethereum & Litecoin Exchange?
Gemini, found online at Gemini.com, is a digital asset platform for businesses and investors. Find out everything you need to know about Gemini in our review. Gemini is a digital asset platform that lets you buy, sell, and store Bitcoin and Ether while enjoying benefits like superior trading features, security, and regulatory oversight. Its a popular exchange for businesses and investors. You can open a personal account or register as an institution. Gemini is based in New York. The company was founded in 2014. Today, Gemini is particularly popular for its two-sided auctions, which take place twice daily (one auction takes place at a time convenient for North American clients, and the other for Asian clients, although anyone can participate in either). Gemini offers all of the following features: Custody Services: Gemini is held to the highest level of capital reserve requirements and banking compliance standards. That means, just like an ordinary financial institution, they need to maintain a certain level of reserves based on their clients accounts. Marketplace: Gemini lets you trade bitcoin and ether across three order books with six different order types, including daily two-sided bitcoin auctions. Regulatory Oversight: Gemini was the first US exchange licensed for bitcoin and ether trading. The organization is regulated as a trust company by the New York State Department of Financial Services (NYSDFS). Fund Security: Clients US dollar deposits are held at FDIC-insured banks. Meanwhile, the majority of clients digital assets are stored offline in proprietary cold storage systems. Good Customer Service: Gemini offers customer service around the clock from real human beings so youll never receive an automated response or speak with an outsourced call center. Superior Continue reading >>
15 Best Bitcoin Exchange Reviews (and Guides) 2017
Because Bitstamp is geared towards traders, it also has confusing fees if you use the exchange. The fees you pay depend on your total volume. Unless you trade high volumes, you will likely pay 0.25% per buy. If you buy bitcoins on Bitstamp with your credit card then the fees will be 8% for purchases up to $500 or 500. There are other exchanges that offer lower fees for buying bitcoins with a credit card or debit card . Bitfinex is a popular exchange because in terms of USD trading volume it has the most liquidity. It currently owns about a 10% share of the USD trading market. Because of its confusing interface, it's probably only a good choice for traders who really know what they are doing. Here is what the main trading interface looks like: Despite getting hacked and losing $70 million or more in customer funds, Bitfinex remains a popular option for serious traders. Still, the hack is scaring some people away. In the chart below, the orange portion of the bars represent Bitfinex's share of USD volume: One thing that has made Bitfinex popular is that if you only make a deposit with cryptocurrency no verification is required . If you want to deposit dollars or euro then you WILL have to verify your ID. Btifinex offers very low fees even for low volume buyers, at 0.1% per buy for market makers and 0.2% per buy for market takers. For Residents of India: Best Bitcoin Exchange Reviews The following section reviews and shows you how to use the top three Indian Bitcoin exchanges. Firstly you need to login to , then you need to enter the existing email id and password of your choice followed by clicking on the SIGN UP option to create an account. After clicking on the SIGN UP option, you get this dialogue box stating that the Registration Process is in progress after which un Continue reading >>
My Experience With Signing Up On Gemini For Buying Bitcoin
My Experience with Signing up on Gemini For Buying Bitcoin A couple months ago, Harsh recommended I sign up for Gemini . I took his advice and decided to go through the process. But after having a very difficult time signing up, Im not having good feelings about Gemini. Before I tell you about my signup process, let me give you a brief history on Gemini. Gemini is a new Bitcoin trading platform started by the Winklevoss twins (the people who accused Mark Zuckerberg of stealing their idea of Facebook). The Winklevoss twins claim to own about 1% of all Bitcoin, making them among the largest holders of Bitcoin in the world. They started this platform in the middle of 2016, and are desperately trying to become the most active and reputable Bitcoin exchange on the market. But you wouldnt know any of this unless I told you. Because theres nothing about any of that on their website. In fact, their About section is not descriptive at all, and it simply talks about the amazingness of their platform. Its a very big put off to not know anything about the company which I am about to share my sensitive personal and financial details with. This cryptic website does not look very friendly in any way. It conjures up images of outer space (and the Gemini space program) leaving me with a feeling of entering the deep, dark unknown. Thats not exactly what Im looking for when Im about to make a substantial monetary investment. So that said, because Harsh told me to sign up, I did. Heres what happened: I went to Gemini.com and clicked on Register. First, notice on the top left of this screenshot how the words are overlapping. It doesnt fill me with great confidence that their design team cant properly build a website, yet theyre supposed to be the most advanced and trustworthy BTC trading p Continue reading >>
The Complete Gemini Exchange Review: Is Gemini Worth Trust?
The Complete Gemini Exchange Review: Is Gemini Worth Trust? If youre wanting to get into buying and selling Bitcoin or Ether but you have no idea where to start, this Gemini exchange review should help you to decide. There are lots of different digital currency exchanges and each one has different advantages and disadvantages to their platforms. Some offer lots of different coins but have questionable security. Meanwhile, others offer only a few digital assets and have great security features. This can make picking the one thats right for you pretty tricky. Fortunately, this Gemini review is here to help! In this review of one of the most trusted cryptocurrency exchanges around, I will cover the following topics: what the Gemini crypto exchange is, a short history of it, the advantages and disadvantages of the platform, which digital currencies you can buy and sell on Gemini, and all about the Gemini fees needed to make trades Finally, there will be some advice about setting up a Gemini crypto exchange account, followed by suggestions for who should use the platform. By the end of this Gemini exchange review, you should be able to decide for yourself if Gemini is the right cryptocurrency exchange for you. You should know about its history, the coins it offers, its pros and cons, and how much it will cost to use the service. You will also know how to register and verify an account at the Gemini crypto exchange. Theres loads to cover to give you a full understanding of this popular and trusted exchange. So, lets see what Gemini has to offer its users in our Gemini exchange review! Gemini is a Bitcoin and Ether (the native currency on the Ethereum blockchain) exchange platform. It was founded by the Winklevoss twins back in 2015. The name itself Gemini is a reference to t Continue reading >>
Gemini The Next Generation Digital Asset Exchange
All U.S. Dollar deposits are held at FDIC-insured banks. The majority of digital assets are stored offline in our proprietary, state-of-the-art Cold Storage system. All U.S. Dollar deposits are held at FDIC-insured banks. The majority of digital assets are stored offline in our proprietary, state-of-the-art Cold Storage system. Continue reading >>