Gemini Cryptocurrency Exchange | Gemini Crypto

Gemini Cryptocurrency Exchange | Gemini Crypto

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Welcome to our Gemini Cryptocurrency Exchange Video!

What Is Gemini?
Gemini is a privately-owned cryptocurrency exchange that allows users to buy, sell, trade, and securely store bitcoin, ether, and about 40 other cryptocurrencies. It was launched in 2015 by Cameron and Tyler Winklevoss.

Gemini has a tiered service with separate interfaces and fee structures for casual investors and hardcore traders. It has a mobile app, a payment app, and its own currency, the Gemini dollar. Unlike most cryptocurrencies, the Gemini dollar is a “stable coin” tied to the U.S. dollar.

Gemini is a cryptocurrency platform for buying, selling, storing, and spending cryptocurrencies, with a website and a mobile app.
Its major selling points are security and ease of use.
It supports trading in more than 40 cryptocurrencies and has its own currency, the Gemini stable coin.
Since its 2015 launch, Gemini has added a payment app and an interest-paying savings account. A Gemini credit card is in the works.
Its founder-owners, Cameron and Tyler Winklevoss, have hinted at an interest in launching an initial public offering (IPO).

Understanding Gemini
As any astrology buff knows, Gemini represents twins and indicates duality. Aside from the obvious reference to the Winklevoss twins, the Gemini name is a reference to the Gemini space program. (The holding company that owns the Gemini platform and the brothers’ other assets is called Gemini Space Station.)

The platform is conceptualized as a marriage of new-age cryptocurrencies and existing conventional currencies. U.S. dollars and bitcoins are traded on Gemini.

How to Trade on Gemini
Barring the occasional maintenance window, the Gemini exchange operates on a 24/7 basis.

As in any online broker, a standard market order on Gemini is filled immediately at the best available market price at that instant. Gemini also offers a variety of limit orders. They include immediate or cancel (IOC), maker or cancel (MOC), and auction-only (AO) limit orders.

All orders sent on Gemini have to be fully funded, as the exchange does not offer margin trading like that offered by competitors such as Kraken. It also does not allow short trading.

Customers link a bank account and initiate a wire transfer or an ACH deposit from a bank in order to trade on the platform.

I hope you found value in our Gemini Cryptocurrency Exchange video. Make sure to leave a like on the video if you gained value from it!


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 cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

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0:00 Intro
0:22 Gemini Cryptocurrency Exchange Overview
6:54 Gemini Cryptocurrency Summary

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