Gemini Expands Global Footprint and Offerings | Gemini (2024)

Gemini Launches in Australia

August 21, 2019

Today, we are excited to announce that Gemini is now open to customers in Australia! Australians can now download the Gemini Mobile App and use it to buy, sell, and store cryptocurrencies such as bitcoin, bitcoin cash, ether, zcash, and litecoin.

As part of our mission to build the future of money, we are hard at work expanding our global footprint and bringing our trusted platform to as many countries as possible. We want individuals and institutions around the world to have a safe and easy way to buy, sell, and store cryptocurrency and engage in this new digital economy. We have built an institutional-grade exchange and custody solution that operates on the principles of security, transparency, and compliance; trust is our product.

Australia is currently ranked 12th globally for bitcoin trading volume and we are optimistic that Gemini will help encourage broader adoption for crypto in Australia. Today, Gemini is available in a total of 49 U.S. states, Washington D.C., Puerto Rico, Canada, Hong Kong, Singapore, South Korea, the United Kingdom, and Australia! If you would like Gemini to come to your region, please contact us at institutional@gemini.com.

Onward and Upward,

Tyler

Introducing Our East Asia Timezone Auction

March 16, 2017

UPDATE 4/7/17 5:00 PD EDT: We have changed the time of the East Asian timezone auction from 18:00 JST (17:00 HKT/SGT) to 19:00 HKT/SGT (20:00 JST).

Ever since Gemini launched our first daily bitcoin auction on September 21, 2016, we’ve been excited by its success and its ability to match buyers and sellers at a single moment of the day. Because our current 4:00 p.m. Eastern Time auction falls during the early morning hours in East Asia, it’s inconvenient for many members of the bitcoin trading community. Beginning Tuesday, March 21, 2017, we will also conduct an auction at 6:00 p.m. Japan Standard Time (5:00 p.m. SGT/HKT, 09:00 UTC). This will allow investors and traders on the other side of the world to engage in the same kind of price discovery that we’ve be facilitating for the last six months. The mechanics will be the same as our 4:00 p.m. ET auction; please see https://gemini.com/marketplace/#auction for details.

ジェミニ(Gemini)が、2016年9月21日に初の日単位でのビットコインのオークションを開始して以来、買い手と売り手のマッチングが、タイミングで成立できていることに、我々はとても興奮させられています。残念ながら、東アジアの参加者にとっては、ニューヨークの午後4時は非常に早くて不便です。そこで、2017年3月21日(火)から、日本標準時の午後6時(SGT/HKT午後5時、UTC 09:00)にもオークションを行えるようにします。これにより、ニューヨークにいる我々からみて、世界の反対側にいる投資家やトレーダー達が、これまでの六ヶ月間我々が手がけてきたものと同等の価格発見に関われるようになるはずです。仕組みは、ニューヨークのオークションのそれと同じです。詳しくは、https://gemini.com/marketplace/#auctionをご覧ください。

Onward and Upward (上向きと先へ),

Team Gemini

Gemini Expands Into the Great State of Washington

June 13, 2017

UPDATE 6/14/17 11:30 AM EDT: We have clarified that Washington’s higher standards are met by the whole Gemini platform and therefore benefit all our customers.

We’re excited to announce that Gemini is now licensed to provide our services to customers in the Evergreen State. Washington has some of the highest standards of oversight for digital asset exchanges within the U.S., and will be instituting further regulations regarding the sale and storage of digital assets beginning next month. This puts Washington up with New York at the forefront of protecting consumers and users of digital assets, beyond what is already done for fiat currencies.

As of today, registered customers in the Evergreen State can buy, sell, and store both bitcoin and ether using the Gemini exchange. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

One of Gemini’s core values has always been to seek regulatory oversight and licensing whenever possible. And we firmly believe in asking for permission rather than for forgiveness — we do not operate in an area until we have received the necessary licenses or regulatory approvals to do so. Our trust license from the State of New York allowed us to work closely with both New York and Washington state regulators to obtain approval to operate. It was truly exciting and remarkable to see this collaboration between two of the most well respected state regulators, all in the name of innovation.

Even before obtaining approval to operate within Washington, we met the standards set forth by the Washington State Department of Financial Institutions. These protections benefit all Gemini customers, regardless of where you live.

We hope you agree that this is a momentous achievement not only for Gemini, but also for the digital asset ecosystem as a whole.

Lastly, if you are wondering if we are open in your area, please check out our areas of operation page.

Onward and Upward,

Team Gemini

You Can Now Trade Bitcoin and Ether in Canada!

June 6, 2016

We are thrilled to announce the expansion of Gemini services to the Great White North! This is just the beginning of Gemini’s international expansion and our tireless pursuit of building a world-class digital asset exchange with global reach.

As of today, registered customers in Canada can trade bitcoin and ether on Gemini’s ETH/BTC order book. This means that registered customers will be able to:

  • Buy ETH with BTC, and sell ETH for BTC

Coming soon, we’ll be opening our USD order books (BTC/USD and ETH/USD) to Canadian customers as well. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

We’re excited to bring our friends to the North aboard the Gemini spaceship for our journey, and we look forward to expanding to additional areas of operations in the near future.

Bienvenue à bord!

Team Gemini

You Can Now Trade Bitcoin and Ether in the United Kingdom!

June 21, 2016

We are thrilled to announce the expansion of Gemini services to the United Kingdom! This is a significant and important part of Gemini’s international expansion and our tireless pursuit of building a world-class digital asset exchange empire on which the sun never sets.

As of today, registered customers in the U.K. can trade bitcoin and ether on Gemini’s ETH/BTC order book. This means that registered customers will be able to:

  • Buy ETH with BTC, and sell ETH for BTC

Coming soon, we’ll be opening our USD order books (BTC/USD and ETH/USD) to U.K.-based customers as well. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

We’re excited to bring our friends from across the Pond aboard the Gemini spaceship for our journey, and we look forward to expanding to additional areas of operations in the near future.

Keep calm and trade on!

Team Gemini

Gemini Expands into the Lone Star State (Texas)

August 4, 2016

Great News!

We are thrilled to announce that Gemini, the next generation digital asset exchange, is now open in Texas. This is a significant and important part of Gemini’s expansion and our tireless pursuit of building a world-class digital asset exchange available to customers in all 50 US states and around the globe.

As of today, registered customers in the The Lone Star State can buy, sell, and store bitcoin and ether using the Gemini exchange. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

We’re excited to bring our friends in Texas aboard the Gemini spaceship for our journey!

We would like to highlight that Gemini is also accepting Institutional clients outside of the U.S. on a case-by-case basis. If you would like to inquire about your Institution’s eligibility for a Gemini account, please contact: institutional@gemini.com or connect with our Head of Institutional Sales directly via Skype: DannyKimNY.

Lastly, if you are wondering if we are open in your area, please consult our areas of operation page.

Don’t Mess with Texas!

Team Gemini

All Trading Pairs Now Available in Canada and the U.K.

September 6, 2016

We are thrilled to announce that trading on all of Gemini’s order matching engines — BTC/USD, ETH/USD, and ETH/BTC — is now available in Canada and the U.K.

As of today, registered customers in Canada and the U.K. can trade bitcoin and ether on each of Gemini’s three order matching engines. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

In addition, we now support US Dollar wire transfers from your bank located in Canada or the U.K. Please be aware that your bank may charge currency conversion fees.

Onward and Upward,

Team Gemini

Gemini Is expanding to Hong Kong and Singapore!

October 2, 2016

We are delighted to announce the expansion of Gemini services to the Hong Kong Special Administrative Region and the Republic of Singapore! These dynamic East Asian tiger markets have long embraced the growth of bitcoin and other digital assets, and our expansion to Hong Kong and Singapore represents a critical milestone in Gemini’s pursuit of building a global next generation digital asset exchange.

As of today, registered customers in both the Lion City and the Pearl of the Orient can trade bitcoin and ether using the Gemini exchange. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC

We’ll be opening HKD and SGD order books and expanding to additional areas of operation soon, so stay tuned!

We also want to highlight our exciting new feature, Daily Auctions (also called “crosses,” which are two-sided and not to be confused with winner-take-all auctions), available to all registered Gemini customers. Auctions present an excellent opportunity for customers who want to execute large trades with over-the-counter (OTC) trading quantities on-exchange without having to worry about price slippage, exorbitant fees, and complicated settlement. Read more about Gemini Auctions.

In addition, we now support US Dollar wire transfers from your bank located in Hong Kong or Singapore. Please be aware that your bank may charge currency conversion fees.

Gemini accepts institutional clients outside of our current areas of operation on a case-by-case basis. To inquire about your institution’s eligibility for a Gemini account, please contact institutional@gemini.com or connect with our sales representative directly via Skype at ShaneGemini.

We’re excited to bring our friends from Hong Kong and Singapore aboard the Gemini spaceship for our journey!

Onward and Upward,

Team Gemini

Gemini is expanding to Japan and South Korea!

November 7, 2016

(UPDATE 3/31/17 11:00 AM EDT: We have temporarily suspended the acceptance of Japanese retail customers while we evaluate the implications of the new virtual currency exchange operator regulations.)

We are delighted to announce the expansion of Gemini services to Japan and the Republic of Korea! These dynamic East Asian economies have long embraced the growth of bitcoin and other digital assets, and our expansion to Japan and South Korea represents another milestone in Gemini’s pursuit of building a global next generation digital asset exchange.

As of today, registered customers in the Lands of the Rising Sun and the Morning Calm can trade bitcoin and ether using the Gemini exchange. As a registered customer, this will allow you to:

  • Buy BTC with USD or ETH, and sell BTC for USD or ETH
  • Buy ETH with USD or BTC, and sell ETH for USD or BTC
  • Participate in Gemini’s daily two-sided bitcoin auction

Gemini supports US Dollar wire transfers from your bank located in Japan or South Korea. Please be aware that your bank may charge currency conversion fees.

Gemini accepts institutional clients outside of our current areas of operation on a case-by-case basis. To inquire about your institution’s eligibility for a Gemini account, please contact institutional@gemini.com or connect with our Head of Institutional Sales directly via Skype at ShaneGemini.

We’re excited to bring our friends from South Korea and Japan aboard the Gemini spaceship for our journey!

Onward and Upward,

Team Gemini

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FAQs

Why is my Gemini account suspended? ›

We believe you are using Gemini, your login credentials, or other account information in an unauthorized or inappropriate manner; The account is being accessed from a jurisdiction where we do not offer Gemini services; or. The account has not been accessed in two years or more.

Why is the SEC suing Gemini? ›

The SEC had sued over Gemini Earn, which let customers lend crypto assets such as bitcoin to Genesis, with Gemini taking an agent fee as high as 4.29%.

Which is better Coinbase vs Gemini? ›

Is Gemini Cheaper Than Coinbase? In many common cases, your trade will be cheaper at Coinbase paying the 0.50% maker-taker fee vs. the 1.49% Gemini charges on trades over $200. However, if you use a credit card to pay for your crypto, you'll pay 3.99% on Coinbase and 3.49% on Gemini.

Can I get my money out of Gemini earn? ›

The Gemini blog promised users, “You can redeem your cryptocurrency from Earn, keep any interest earned, and transfer your crypto back to your trading account at any time.”

Will Gemini unfreeze my account? ›

Once you've changed your password, we can start the process of unfreezing your account. This requires a short back and forth with our Support and Security teams. You must start the process by emailing support here with the following information: Was there an unauthorized login of your account? [Yes / No]

Why is it so hard to withdraw from Gemini? ›

Your crypto withdrawals may be temporarily restricted for a few different reasons: Sign-In From a New Device. Pending Bank Transfer (ACH) Pending Debit Card Transfer (24 hour hold)

Does Gemini crypto report to IRS? ›

Does Gemini report to the IRS? Yes. When Gemini sends a Form 1099-MISC to a customer, the exchange will issue an identical copy to the IRS. With the passage of the American Infrastructure Bill, Gemini will also have to report additional 1099s for users in the future.

Who is bigger Coinbase or Gemini? ›

Coinbase has a larger selection of cryptocurrencies than Gemini, although neither exchange is lacking in this regard. There are over 200 cryptocurrencies available for trading on Coinbase and over 100 cryptocurrencies on Gemini.

Is Gemini regulated in the US? ›

Gemini is regulated by the New York State Department of Financial Services and offers many products and services.

Is it safe to give SSN to Gemini? ›

Yes. Gemini is a New York trust company regulated by the New York State Department of Financial Services (NYSDFS).

Is Gemini FDIC insured? ›

U.S. dollars in your Gemini Account may be held at State Street Bank and Trust Company, JPMorgan Chase Bank, N.A. and thus may be eligible for FDIC “pass-through” insurance, subject to applicable limitations. Please see the FDIC Insurance section of our User Agreement for more information.

How much does Gemini charge to withdraw money? ›

For USD wire withdrawals from Gemini, a $25 processing fee will be included at the time of your withdrawal.

What's happening to Gemini earn? ›

Gemini, co-founded by twins Cameron and Tyler Winklevoss, has emphasized that other assets held on its platform remain available for withdrawal. Nonetheless, assets in Gemini Earn were supposed to be available within five business days of customer request. Instead, they've been inaccessible since November of 2022.

How long is Gemini withdrawal? ›

What payment methods are supported?
Settlement TimeAvailable For Trading
ACH Transfer6-7 business daysInstantly (at our discretion)
Wire Transfer1-3 business days1-3 business days
Debit Card24 hoursInstantly
Bank Transfer (EUR and GBP)1-3 business days1-3 business days
1 more row

Can I leave my crypto on Gemini? ›

Gemini is a safe place to buy, sell, and store cryptocurrency — not because we say it is — but because of the measures we have put place to protect your crypto and the independent third parties that verify them. They are as follows: Redundancy with keys (and the facilities and devices that store keys).

Is Gemini no longer free withdrawal? ›

No deposit fees

Unfortunately, Gemini eliminated its free withdrawal policy in 2022, deciding to charge customers either a flat fee that varies by cryptocurrency or a dynamic fee if you're withdrawing ETH or ERC-20 tokens.

What bank backs Gemini? ›

Despite reporting to the contrary, Gemini's banking relationship remains intact with JPMorgan.

Does Gemini have a cold wallet? ›

Use Gemini deposit addresses to store your assets in our insured hot wallet or institutional-grade cold storage system. Gemini's safe, secure wallet infrastructure supports all our listed assets.

How long does it take to transfer money from Gemini to bank account? ›

United States customers - PENDING BANK TRANSFER (ACH)

All ACH deposits take six to seven business days to clear, and the withdrawal hold will be active for the duration that the funds are in transit. Although the funds may have left your bank account this does not indicate that they have reached your Gemini account.

What is Gemini clearing? ›

® Gemini Clearing® allows two parties to settle a trade off the order book. Gemini acts as a confirming third party in pre-arranged transactions, helping ensure timely Settlement while mitigating counterparty risk.

Can the IRS see my crypto wallet? ›

Yes, the IRS can track cryptocurrency, including Bitcoin, Ether and a huge variety of other cryptocurrencies. The IRS does this by collecting KYC data from centralized exchanges.

How does the IRS know if you sold crypto? ›

Yes, the IRS can track crypto as the agency has ordered crypto exchanges and trading platforms to report tax forms such as 1099-B and 1099-K to them. Also, in recent years, several exchanges have received several subpoenas directing them to reveal some of the user accounts.

What triggers IRS audit crypto? ›

2. What triggers a crypto audit? Unreported income is one of the most common reasons for the IRS to conduct a crypto audit. Most crypto exchanges send 1099-B or 1099-K forms to clients that exceed certain transaction thresholds, the copies of which are then sent to the IRS.

Has Gemini ever been hacked? ›

Gemini crypto exchange servers were hacked and hackers managed to obtain access to 5.7 million lines of confidential information about the platform's customers.

Is Gemini backed by USD? ›

Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin —a digital representation of cash that can be used to interact with the crypto economy.

Who owns Gemini? ›

Gemini Trust Company, LLC (Gemini) is an American cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets. It was founded in 2014 by Cameron and Tyler Winklevoss. Currently, it operates in the United States, Canada, the United Kingdom, South Korea, Hong Kong, and Singapore.

Where is Gemini headquarters in USA? ›

Where is Gemini's headquarters? Gemini's headquarters is located at 600 3rd Avenue, New York.

What are the pros and cons of a Gemini? ›

Their strengths are that they're adaptable, outgoing, and intelligent—there's never a dull moment with a Gemini. However, their weaknesses are that they're indecisive, impulsive, unreliable, and nosy—be careful telling a Gemini your deepest darkest secrets.

Where is Gemini headquartered? ›

Gemini's headquarters are located at 600 Third Ave 2nd Flood, New York City, New York, 10016, United States What is Gemini's phone number?

Does Gemini accept passports? ›

Trading Experience

To take advantage of Gemini's full trading features, account holders need to complete an identity verification process. 9 This process involves uploading a government-issued photo ID, such as a driver's license or passport.

What is the minimum deposit for Gemini? ›

Both Gemini and SoFi share the $0 minimum account options, but the two investment platforms vary when it comes to fees, account features, and cryptocurrency selection.

What is the $1000 limit on Coinbase? ›

For example, if you add Apple Pay to your account and your card's transaction limit is $1,000, you can purchase up to $1,000 worth of crypto in a 24-hour period in addition to the limit on your Coinbase account.

Why is my account showing suspended? ›

Website hosts often suspend websites for a myriad of reasons ranging from malware to spam. They suspend websites when needed to protect their servers that host tons of other websites, so they don't get infected too.

How do I get my Gemini account back? ›

If you have closed your account and wish to reopen it, please reach out to our team via our support request form here.

How long does Gemini restriction last? ›

ACH BANK TRANSFER (available for United States customers)

Bank Transfer (ACH) deposit limits reset every 24 business hours, which does not include the weekend or Federal U.S. holidays.

Why does it say your account will be suspended soon? ›

The “Your account will be suspended soon” means that you've violated one or more of Instagram's community guidelines. If you do, your account will be suspended if you don't file an appeal. The email will state the community guideline that you've violated on Instagram.

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