Read our Gemini review and learn why we recommend this exchange for online trading. Gemini is a great trading platform that offers features and services that suit traders from different backgrounds.
Gemini is an online cryptocurrency trading platform based in the United States. Although it is founded in the United States but it’s providing its services to clients spread all over the world including Asia as well. In this Gemini review, you will get to know the features and offerings of this trading platform.
By comparing Gemini exchange you will find out that it is completely different from typical exchanges. In addition to the security, platform and the offered coins, it provides some unique features as well like the interest bearing account, multiple cryptocurrencies and price alert feature.
Interest Bearing Accounts
If you don’t want to actively trade cryptocurrencies and want to invest in them for a long period then this account is a suitable option for you. By using this option you can earn a profit up to 7.4 percent. This profit is automatically added in the existing cryptocurrency deposited in your Gemini account.
Gemini provides its customers nearly 50 different cryptocurrencies including all the major coins and some newly launched coins as well. The options available on this exchange are more than enough for you. Some of the most prominent assets available on this platform are Bitcoin, Ethereum, Dogecoin, Uniswap and Zcash.
Most of the investors love the Gemini app’s price alert system that allows them to receive a notification every time any assets price changes. In addition to this, you can set alarms to inform you if an asset alters its price more than a predefined limit. Now as I have discussed some unique features, it is time to shed light on other features such as the fee structure, trading platform and customer support service.
Fee Structure At This Platform
The fee charged by Gemini Exchange varies from asset to asset. Normally it charges 0.50 percent of the asset’s price as convenience fee. This fee is market competitive and you will not find it charging more than the other available exchanges of such caliber.
Gemini also charges a transaction fee that is around 1.49 percent of your total purchase. This amount directly gets subtracted from your trading funds. Most of the experienced traders don’t compare prices because all they want is quality services. An important thing that I want to mention here is that the platform charges no withdrawal fee if you process less than 10 transactions per month.
The Trading Platform
Gemini offers a simple and user-friendly trading platform to accommodate new traders with less knowledge of trading process. The Graphical interface of the platform is kempt and well sorted and trading tools make trading look like a hobby. The platform allows traders to easily monitor account details such as transaction history. This feature makes traders able to analyze their performance as well as manage tax documents.
This platform is based on ActiveTrader platform that is a comprehensive stage for making sales and purchases. The thing for which it is famous is its dynamic speed in processing the trades.
Customer Support Facility
Providing a robust customer support service is a mandatory thing for exchanges that target beginners. The traders registered with Gemini find themselves at ease because they are provided with multiple options to stay in touch with the customer support representatives.
First of all, the traders can search their queries in the FAQ section that is a convenient option. Secondly they can forward an email on the email address with the details of their problem. But if you are not comfortable with these options then you can dial the telephone number of the exchange that is given on its website.
Gemini is a find blend of unique and necessary trading features required for successful and lucrative trading. It may not be the cheapest platform but it surely is a reliable option where you can trade your favorite cryptocurrencies. I recommend you to visit the platform at the earliest and see the features yourself.