Gemini Exchange: Worth It? COMPLETE Beginner's Guide!!

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Crypto: Coin Bureau
September 28, 2021

Insider Info in my Socials https://guy.coinbureau.com/socials/
Sign Up To Gemini https://www.gemini.com
Check Out My Merch https://store.coinbureau.com
TOP Crypto TIPS In My Newsletter https://guy.coinbureau.com/signup/

~~~~~

Recommended Vids

► Best crypto hardware wallets: https://www.youtube.com/watch?v=_t3Brlb0qzQ
► FTX exchange: https://www.youtube.com/watch?v=ywJdQxTBF0g
► FTX US: https://www.youtube.com/watch?v=mFTZFdgJrjg

~~~~~

- TIMESTAMPS -
0:00​ Intro
1:55 Who is Gemini?
5:37 Gemini Security
10:20 Supported Cryptos
11:37 Verification Requirements
13:00 How To Deposit Fiat?
15:29 How To Deposit Crypto?
16:12 Trading Fees
18:20 How To Trade?
20:56 Other Features
21:38 Final Thoughts

~~~~~

️ Useful Links ️

► Licenses: https://support.gemini.com/hc/en-us/articles/204734485-Is-Gemini-license...
► Gemini security: https://www.gemini.com/security
► Supported cryptos: https://support.gemini.com/hc/en-us/articles/115005868106-What-cryptos-a...
► Accepted countries: https://www.gemini.com/areas-of-availability
► KYC: https://www.gemini.com/blog/helpful-tips-to-understand-geminis-kyc-and-o...
► Deposit fees: https://www.gemini.com/fees/transfer-fee-schedule#section-deposit-fees
► Mobile & web fees: https://www.gemini.com/fees/web-fee-schedule
► ActiveTrader fees: https://www.gemini.com/fees/activetrader-fee-schedule#section-active-tra...

~~~~~

Who is Gemini?

Gemini went live back in 2015 - that’s eons in the crypto space. But even back then, Gemini was best known for its regulatory compliance. Yes, that may sound boring but it is becoming increasingly important in the crypto space these days - particularly for people based in the US.

The exchange has even run ads in the past proclaiming how regulated they are. That’s actually something to shout about, seeing that they are regulated by the New York State Department of Financial Services. This means they are one of the new crypto exchanges that can take users from New York.

It also means that Gemini is one of the top exchanges of choice for corporations, asset managers and wealth managers.

But who are the good boy founders that seem to love regulation? Well, that would be the Winklevoss twins.

Gemini Security

Gemini deploys some of the most stringent security precautions out there. I get into the nitty gritty about Gemini’s security procedures and account security in my vid - so watch that if you want to learn about this.

₿ Supported Cryptos ₿

Around 50 crypto assets are available to buy and sell on Gemini. Yes, that’s not the widest selection out there, but it should be more than enough choice for most.

The exchange also supports users from every US state, as well as customers from around 60 other countries.

Verification Requirements

Gemini is a full KYC exchange. So, if you are not comfortable with that then this is not the exchange for you.

So, you’ll need to provide documents such as a proof of address, like a utility bill and a government issued ID document like a passport or a driver’s license.

How To Deposit Fiat?

Watch my vid to see all the steps to deposit fiat on Gemini.

How To Deposit Crypto?

Depositing crypto on Gemini is a breeze. If you want to make sure you're doing it correctly then check out my step-by-step guide in the video.

Trading Fees

If you trade on Gemini’s mobile app or are using their default trading method then you’ll pay through the nose for that convenience. You’ll literally be paying 2% in fees here.

However, if you use the ActiveTrader platform then you’ll slash those fees to a maximum of 0.35%!

How To Trade?

I show you exactly how to place your first trade using ActiveTrader in my vid. So, be sure you check that out if you want to pay the cheapest fees on Gemini.

Other Features

Gemini has focused on being a straight up exchange and doesn’t have the bells and whistles that some of its other competitors have. However, they also have a great mobile wallet, which means you can store your coins and piggyback off Gemini’s impressive security infrastructure.

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

#Gemini #Bitcoin #Exchange #Regulated #Crypto #NewYork

The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider.