According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Gemini ActiveTrader
- All major cryptocurrencies, except for fiat, there’s only the US dollar
- proprietary trading terminal, a profitable investment program, a high level of security, Gemini Pay for payment in stores
Our Evaluation of Gemini
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Gemini is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.57 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Gemini clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Gemini is one of the most popular cryptocurrency exchanges in the US, traded by traders from all over the world. Its proprietary trading terminal has all the necessary functions; and the exchange has the most popular cryptocurrencies. The company has excellent technical support, a developed community, and a powerful training system for novice traders. The exchange is officially licensed and has its own insurance fund for unforeseen situations.
Brief Look at Gemini
The Gemini exchange is a crypto trading platform featuring all major cryptocurrencies and tokenized assets, including Bitcoin, Litecoin, Ether, Bitcoin Cash, and the company’s own stablecoin Gemini dollar (GUSD) that is backed by the US dollar. The platform has a proprietary trading terminal with a mobile version, which, unlike the terminals of most exchanges, is not an adaptive version of TradingView, but a completely proprietary development with original functionality. Each user is provided with a multi-currency e-wallet with an innovative data protection system. The Gemini Earn investment program allows you to earn up to 7.4% per annum on simple cryptocurrency storage. The company has the so-called Cryptopedia, which is a detailed article on the basics of crypto trading and investing.
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- trading all major cryptocurrencies, plus USD;
- large trading volumes, with no restrictions on strategies;
- investment program with a large annual interest;
- Gemini Pay allows you to pay with cryptocurrency in stores;
- high level of user data security;
- the company is regulated as a New York State Trust Company;
- prompt withdrawal of funds, all main deposit and withdrawal channels;
- the company has an insurance fund for traders;
- many educational materials (including video lectures).
- among crypto-fiat pairs, they have only pairs with USD;
- non-standard trading terminal (a beginner will need time to learn it).
TU Expert Advice
Author, Financial Expert at Traders Union
Gemini is a cryptocurrency exchange offering trading major cryptocurrencies and its native Gemini dollar, backed by USD. It provides a proprietary trading platform with unique features, a mobile app, high security standards, and an insurance fund for unforeseen events. Gemini users benefit from investment programs with competitive annual returns and comprehensive educational resources, making the platform accessible for both novice and experienced traders.
However, the exchange poses some drawbacks, such as limited fiat pairs, only supporting USD and a non-standard trading platform that may require a learning curve for beginners. With its stringent regulations and secure environment, Gemini is suitable for traders who prioritize security and are comfortable with its fee structure, though it may not be ideal for those who seek extensive fiat options or minimal trading fees.
- You require availability in all US states as Gemini provides access to residents in all 50 US states, ensuring widespread accessibility without being restricted by state regulations. This broad coverage allows users across the United States to participate in cryptocurrency trading seamlessly.
- You value a user-friendly interface as Gemini offers a simple and intuitive interface tailored for new crypto investors. If you're new to cryptocurrency trading, you'll appreciate the ease of use and straightforward navigation provided by Gemini's platform.
- You prioritize cost-effectiveness as Gemini's fees are higher compared to some other cryptocurrency exchanges, which may impact your trading profitability, especially for frequent or large transactions. If minimizing fees is a priority for you, consider exploring alternative exchanges with lower fee structures to optimize your trading costs.
Gemini Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Gemini ActiveTrader |
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📊 Accounts: | Standard |
💰 Account currency: | Cryptocurrencies, USD |
💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Commission: | Spot: 0,1%-0,35% |
🔧 Instruments: | 77 supported coins, Perpetual contracts, Fiat, NFT. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | N/A |
⭐ Trading features: | All major cryptocurrencies, except for fiat, there’s only the US dollar; proprietary trading terminal, a profitable investment program, a high level of security, Gemini Pay for payment in stores |
🎁 Contests and bonuses: | N/A |
Gemini crypto exchange does not set limits to the minimum and maximum deposit/withdrawal of funds either in cryptocurrencies or in fiat funds. There are only a few limiting factors regarding trading on the exchange: there is no leverage, no stop loss or take profit functions, and there’s no scalping. Technical support responds quickly and works on holidays and weekends. But you can contact the company’s specialists only by email. You can also come to the exchange’s office at 600 Third Avenue, 2nd Floor, New York, NY 10016.
Gemini Key Parameters Evaluation
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Regulation and safety
Gemini has earned a rating of 10/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Tier-1 regulation
- Cold wallet storage
- No successful hacks history
- U.S-regulated
- 2FA
- Government-regulated
- No facial recognition
Gemini Security Factors
We also compared Gemini against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Gemini | OKX | Kraken | |
Tier-1 regulation | Yes | No | Yes |
Government-regulated | Yes | Yes | Yes |
Investor protection fund | Yes | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | No |
Is Gemini a regulated crypto exchange?
Gemini is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Gemini is authorized or licensed in accordance with local regulations in the following regions: U.S, FCA U.K, Central Bank of Ireland, Greece, Italy.
Is verification (KYC) mandatory at Gemini?
Yes, KYC verification is mandatory at Gemini. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Gemini available?
Gemini complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Nigeria, Malaysia, South Africa, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Indonesia, Kenya, UAE, Iran, Islamic republic, Bangladesh, Thailand, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Gemini support.
Is Gemini available in the USA?
Gemini is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: OKX, Kraken, Crypto.com .
Gemini commissions and fees
Gemini received a 7.45/10 score for its trading fees. While Gemini is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Gemini trading fees?
We analyzed Gemini’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Gemini trading fees vs competitors
Gemini | WazirX | BitoPro | Industry average | |
Spot, maker fee (%) | 0,1 | 0,2 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,35 | 0,2 | 0,2 | 0.194 |
Futures, maker fee(%) | 0 | 0.024 | ||
Futures, taker fee(%) | 0 | 0.053 |
What are Gemini deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0001 BTC |
Does Gemini offer P2P trading?
No, Gemini does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Gemini received a 7.5/10 rating for its deposit and withdrawal services. While Gemini covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- Google Pay supported
- No PayPal option
- No P2P transfer option
- Withdrawal fee applies
Deposit and withdrawal options
Gemini supports the following deposit and withdrawal options: Bank Wire, Bank Card, Crypto, Google Pay, Apple Pay.
Gemini Deposit and withdrawal options vs competitors
Gemini | OKX | Kraken | |
Bank transfers | Yes | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Gemini minimum deposit?
The minimum deposit at Gemini is 10 USD/USDT or 0,001 BTC. The minimum trade size is 5 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Gemini minimum deposit vs competitors
Gemini | OKX | Kraken | |
Minimum deposit, USD or USDT | 10 | 10 | 10 |
Minimum deposit, BTC | 0,001 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 5 | 0,00001 | 1 |
Does Gemini support fiat money?
Gemini supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Gemini received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. Gemini supports 77 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Staking available
- Yield farming available
- Fiat currencies supported
- Copy trading not available
- Only 77 supported coins
Gemini supported coins and markets vs competitors
We compared Gemini with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Gemini | OKX | Kraken | |
Supported coins | 77 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | No | Yes | No |
NFTs | Yes | Yes | Yes |
Gemini passive income options vs competitors
We also compared Gemini with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Gemini received a score of 7.65/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Advanced tools and automation with API
- App data protection with 2FA
- Advanced charting with TradingView support
- Positive user feedback on the iOS app
- No standalone desktop access
- Advanced orders not available
- No access to Copy Trading
Trading apps
Gemini provides web and mobile apps for both Android and iOS users, with an average rating of iOS App Score on the App Store and Android App Score on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Gemini platform is for mobile use.
Gemini | Bybit | |
2FA | Yes | Yes |
Face ID | No | Yes |
Mob Indicators | Yes | Yes |
Alerts | Yes | Yes |
Advanced Orders | Yes | Yes |
Trading with bots | No | Yes |
API | Yes | Yes |
Extra trading platforms | No | MT4 |
Does Gemini offer a desktop app?
No, Gemini does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Gemini offer advanced charting with TradingView integration?
Yes, Gemini offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
Foundation date | 2014 |
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Registration address | New York City, New York |
Official site | https://www.gemini.com |
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