Gemini
A highly regulated, security-focused exchange founded by the Winklevoss twins.
About Gemini
Gemini is a cryptocurrency exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. Based in New York, Gemini is known for its strong focus on regulatory compliance and security. As a New York trust company, Gemini is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards of the New York Department of Financial Services. Gemini offers a clean, user-friendly interface suitable for beginners, while also providing Gemini ActiveTrader for more advanced users. The Gemini Credit Card offers up to 3% back in crypto rewards. The exchange is SOC 2 Type 2 certified and offers insurance on digital assets held in its hot wallet.
Pros
- Excellent safety score
- FDIC insured USD balances
- Tier 1 jurisdiction (strong regulation)
- Staking available
- Derivatives trading
- Mobile apps available
Cons
- No significant drawbacks identified