Gemini
19 hours agoGemini is a centralized cryptocurrency exchange (CEX) that was established in 2014 by the Winklevoss Twins, Cameron and Tyler.
The platform enables users to buy and sell bitcoin (BTC) as well as over 100 other digital assets.
Additionally, Gemini is recognized for its stablecoin, the Gemini dollar (GUSD), which is pegged at a 1:1 ratio to the U.S. dollar.
The U.S. dollars that support each Gemini dollar are stored in banks insured by the FDIC.
Located in New York, Gemini is regulated by the New York State Department of Financial Services (NYDFS).
Gemini is notable for its availability across all 50 U.S. states and its commitment to providing top-notch security measures and asset insurance.
The exchange also caters to businesses and institutional clients, offering services such as institutional custody, electronic clearing, and the settlement of off-exchange crypto trades.
As of August 2022, Gemini ranks as the 4th largest U.S.-based crypto exchange by trading volume, with a daily trading volume of USD $76 million.
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