Revolut (crypto) vs Gemini: Fees, Coins, Safety Comparison
| Feature | Revolut (crypto) | Gemini |
|---|---|---|
Overall |
3.1 |
4.0 |
3.1 |
4.2 |
|
2.1 |
3.5 |
|
3.8 |
3.6 |
|
Investment Instruments |
4.1 |
3.7 |
Platforms and Charting Tools |
2.9 |
4.6 |
Deposit and Withdrawal |
4.2 |
3.8 |
Research |
1 |
3.5 |
Education |
1 |
4.1 |
Support |
4.2 |
4.0 |
Bonuses |
3.9 |
4.3 |
|
Your capital is at risk.
|
Revolut (crypto) vs Gemini: Pros and Cons
Revolut is a British fintech company that has been providing investors with accounts for trading precious metals, cryptocurrencies, and stocks listed on U.S. exchanges since 2015. The broker offers its clients access to investing in stocks and ETFs on European stock exchanges. For organizations and private clients, the company offers a multi-currency account with the possibility of exchanging currencies at the current inter-bank exchange rate. Revolut is supervised by the Financial Services Authority (FSA).
Gemini is characterized by high reliability and the Gemini PAY program that allows you to widely use cryptocurrencies for payments. However, this exchange has relatively high commissions, no margin trading, and generally a rather small number of supported coins.
| Revolut (crypto) | Gemini | |
|---|---|---|
| Overall Pros | minimum trade is only $1 | Users can trade all of the major cryptocurrencies in addition to USD |
| Buying and selling crypto without openning crypto exchange account | Decent trading volumes | |
| No restrictions on trading strategies | ||
| ability to invest in stocks, crypto, fiat deposits etc | Great investment program | |
| setting financial goals with Vaults option | Gemini Pay makes it possible to pay with crypto in stores | |
| Great data security | ||
| Fund withdrawals are fast | ||
| Overall Cons | Only 21 supported coins | Withdrawal to a debit/credit card is not available |
| No options for active trading | High trading fees | |
| Revolut's cryptocurrency service is not regulated by the FCA | Limited choice of coins | |
| High fees |
Revolut (crypto) vs Gemini: Safety and Regulation
| Regulated By: | Revolut (crypto) | Gemini |
|---|---|---|
Government-regulated |
Yes |
|
U.S Regulated |
Yes |
|
FCA U.K Regulated |
Yes |
|
Germany Regulated |
No |
|
AMF in France Regulated |
No |
|
Spain Regulated |
No |
|
DFSA in UAE |
No |
|
Singapore Regulated |
No |
|
Australia Regulated |
No |
|
Seychelles Regulated |
No |
|
Other countries |
Greece, Italy |
Revolut (crypto) vs Gemini: Trading Conditions
| Trading Conditions | Revolut (crypto) | Gemini |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
|
Futures leverage |
Not allowed |
|
Spot leverage |
5 |
|
Supported Coins |
77 |
|
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
|
Perpetual contracts |
1 |
Revolut (crypto) vs Gemini: Fees
| Fee | Revolut (crypto) | Gemini |
|---|---|---|
Spot Taker fee |
0,35 |
|
Spot Maker fee |
0,1 |
|
Futures Taker fee |
||
Futures Maker fee |
||
Deposit fee |
No |
|
Withdrawal fee |
0,0001 BTC |
|
P2P taker fee |
Not supported |
|
P2P fee rate, maker fee |
Not supported |
Revolut (crypto) vs Gemini: Trading Assets
| Asset Name | Revolut (crypto) | Gemini |
|---|---|---|
Coins Supported |
77 |
|
P2P |
No |
|
Perpetual contracts |
Yes |
|
NFT |
Yes |
|
Crypto Options |
No |
|
Futures |
No |
Revolut (crypto) or Gemini: Investment Programs
| Asset Name | Revolut (crypto) | Gemini |
|---|---|---|
Staking |
Yes |
|
Copy trading |
No |
|
Yield farming |
Yes |
|
Affiliate program |
Yes |
|
Trading Platforms: Gemini or Revolut (crypto)
| Revolut (crypto) | Gemini | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Gemini or Revolut (crypto)
| Revolut (crypto) | Gemini | |
|---|---|---|
SMS Based 2 FA |
no |
Yes |
App Based 2 FA |
no |
Yes |
Voice Call 2 FA |
no |
No |
Search Bar |
no |
Yes |
Filters |
no |
Yes |
Technical Analysis: Gemini or Revolut (crypto)
| Revolut (crypto) | Gemini | |
|---|---|---|
Indicators |
No |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
No |
No |
Mobile trading: Gemini or Revolut (crypto)
| Revolut (crypto) | Gemini | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Gemini or Revolut (crypto)
| Revolut (crypto) | Gemini | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
Revolut (crypto) vs Gemini: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Revolut (crypto) | Gemini |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
Yes (only deposit) |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Revolut (crypto) vs Gemini: Research
| Research Type | Revolut (crypto) | Gemini |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
No |
Chart Analysis |
No |
No |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
Yes |
Revolut (crypto) vs Gemini: Education
| Education Type | Revolut (crypto) | Gemini |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
No |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Gemini vs Revolut (crypto): Support
| Support Features | Revolut (crypto) | Gemini |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
no |
Yes |
Other |
community support, app-based chat |
No |
Revolut (crypto) vs Gemini: Crypto Bonuses and Promo
| Promo | Revolut (crypto) | Gemini |
|---|---|---|
Crypto Bonus |
$50 Welcome Bonus. This Promotion is open to new Revolut retail customers who live in the United States. This Promotion runs from April 7, 2022 until June 30, 2022. |
Up to $100 for investing $1,000 or more, $10 sign-up bonus once your friend buys or sells $100 or more |
Affiliate Program |
The impact is a referral program in which you need to be a Revolut customer to participate. Depending on which plan the connected referral chooses, the partner is paid from £2 to £20. Payments are calculated and made every month. After approving the request, the company gives the partner a unique link and materials to be placed and promoted on websites. The partner can track the number of link clicks and referrals in his personal cabinet. |
Yes |
|
Your capital is at risk.
|
Top 5 Reviews on Gemini
-
Comment
If you are striving to lose your money, then I recommend that you start trading on Gemini. I have personally seen how easy it is to lose your cryptocurrency here. Ordinary transaction fees eat up a significant portion of potential profits. But even if you manage to earn something, Gemini can unconditionally cancel your trades, coming up with various reasons. I experienced this personally during the six months I spent on this exchange.
-
Comment
On another resource I saw reviews about Gemini, and not on one. What can I say, there is no trust in such companies, the reviews of which are so bad. I won't even try to trade here either. I believe those who had the imprudence to contact Gemini.
-
Comment
I have been associated with Gemini for a long time. Then our cooperation suddenly wound to a halt. There were too many flaws in this exchange. But most importantly, there was only Bitcoin and Ether, there were no other cryptocurrencies. Now I have returned to cooperation with this exchange again. The owners already provide more instruments for trading, there are other positive changes. I read somewhere reviews that the conditions at the Gemini crypto exchange have become worse, many traders are leaving, and trading volumes are falling. I disagree with this because every day I see how the trades are going and what the trading volumes are. However, the exchange commissions for transactions change often. If earlier the commission for trading was higher than 0.25% of the transaction amount. Now, during increased trading volumes, the faster the commission trends towards 0%. So draw your own conclusions.
-
Comment
Gemini has a very smart approach to trading and exchanging cryptocurrencies and they understand how important security is against hacking and online theft. When I studied the topic of securing a customer account in the Gemini exchange, I realized that I needed to register here. Yes, there are a lot of disadvantages. But they all overlap with merits. Moreover, the creators of Gemini are not sitting still, they frequently introduce new crypto pairs. Here you can already buy Bitcoins with the Singapore dollar, not to mention the currencies of the leading countries of the world. The trading volumes are serious, the liquidity on the exchange is very high. If anyone wants to work with account hacking insurance, then it is worth opening an account with Gemini.
-
Comment
As for me, there are too many problems with Gemini. I admit it is a regulated and secure exchange. But I prefer security more advantages in the form of leverage, a large number of payment systems, or a good selection of tokens. Well, privacy, too. I won't be able to be an anonymous trader in Gemini because I need to go through verification. Other exchanges do not have such a requirement. If the Gemini exchange softens its terms, I will gladly register there. In the meantime, I pass.
Top 5 Reviews on Revolut (crypto)
-
Comment
I’ve had a good experience with Interactive Brokers, particularly because of its low fees. As someone who trades frequently, the tiered commission structure works great for me since I can get better rates with higher volumes. I started out with the demo account to test the platform and it lived up to the expectations. The platform also gives access to so many different assets, from stocks to options to even metals, which fits well with my strategy. It’s definitely not the easiest for beginners, but for seasoned traders, the tools and flexibility are unmatched.
-
Comment
When I first opened an account with Revolut, I wasn’t expecting much since I usually associate Revolut with just basic banking services. But to my surprise, the trading platform feels quite smooth. The app interface is probably the best thing. It’s clean, and switching between different markets like Forex, stocks, and even crypto is seamless. I don’t need to hop between tabs too much. One cool thing is how fast the transactions get confirmed, especially compared to other apps I’ve used before. Also, I appreciate that I can trade with just small amounts, no big deposits needed. It’s perfect for someone like me who doesn't want to go all in right away. Though, I wish the educational tools were a bit more in-depth for those who are just starting out.
-
Comment
I’ve been using Revolut for a while now, and the experience has been smooth. What I love most is the flexibility with multi-currency accounts is that you can exchange between currencies without any hidden fees, which is a big plus. The app interface is clean and easy to use. Transfers are usually fast, but I’ve noticed that sometimes deposits and withdrawals can take a bit longer to confirm. Also, one thing that I don’t like is their website pop-ups. Almost everything leads to this annoying pop-up I have attached. In fact, the way to contact their customer support through the website isn’t clear as well. Unexpected from such a sophisticated company.
-
Comment
Trading here goes without problems. Now I’m learning everything little by little, since I haven’t been on the stock market that long. Reviews prove that this company is good and I saw it myself after trading here for 3 months.
-
Comment
I’ve been using the services of Revolut Bank for a year and everything is fine. I received a card, everything is quite convenient, and transfers are fast. The mobile application is not bad. The only problem, in my opinion, is confirmation of deposits and withdrawals, which can take quite a long time sometimes.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.