Gemini vs coinbase rating11/8/2023 ![]() ![]() Gemini Features Reviewed Simple and advanced trading interfaces You won’t find them on Gemini’s advanced spot trading platform – the Gemini ActiveTrader. However, the AUD pairs on Gemini are only available on the basic trading platform for instant buy and sell orders. ![]() Gemini offers Australian-friendly payment methods, including local bank transfers and credit/debit cards. Gemini is one of the few global exchanges that are regulated by AUSTRAC. The exchange ranks above competitors like Gate.io and we have reviewed, with an average 24-hour trading volume of over $20 million (equivalent to 1,000+ BTC). According to CoinMarketCap, Gemini is among the top 15 exchanges in terms of liquidity. Gemini has become one of the best exchanges worldwide that serves over 60 countries including Australia. The exchange was founded by the Winklevoss Brothers, Cameron and Tyler Winklevoss, in 2014 to provide individuals with financial independence and help them access various crypto industry opportunities. Gemini is a global cryptocurrency exchange and asset custodian offering numerous crypto services. Supported Cryptocurrencies and Trading Pairs.Read our disclosure for more information. This helps us grow the content and support the website. None for bank transfers, 3.49% for credit/debit cardsĪffiliate Disclaimer: We are reader supported and may earn a commission when clicking through the product links. Exchange NameĬredit card, bank transfer, crypto transfer Advanced traders are better off with a one-stop-shop exchange that provides a robust ecosystem of features such as Binance Australia, OKX, or Bybit. The crypto staking features are very limited. There is also a lack of other features commonly seen on global exchanges such as Peer-to-Peer (P2P) marketplaces, margin, futures markets, and interest-earning wallets. Trading is limited to the spot market and there is no advanced charting package integrated into the interface such as TradingView. With good support for AUD deposits, withdrawals to Australian bank accounts, all the major cryptocurrencies, and outstanding storage security, Gemini is a good option if you just want to buy and hold crypto.Īdvanced traders, on the other hand, don’t have much to use. The reputable exchange provides a host of basic and minimalist features that are suitable for crypto beginners, however, they are delivered extremely well. The Gemini exchange is a US-based trading platform that is available to traders in Australia. Slow customer support: Gemini’s customer support is only available via email and it’s quite slow. ![]() Only 100+ coins available: Coin support on Gemini is limited to just a little over 100 cryptocurrencies, which is a potential downside for traders who want a diversified investment basket.High trading fees: Gemini trading fees are typically higher than the industry average-depending on the transaction volume.AUSTRAC-regulated: Gemini holds a regulatory licence from the Australian Transaction Report and Analysis Centre (AUSTRAC).Beginner-friendly exchange: Getting started on the Gemini platform is straightforward, making it ideal for crypto beginners.Users can also pair AUD with other assets for trades. ![]() Supports AUD deposits and trading pairs: Gemini supports seven fiat currencies, including AUD for deposits and withdrawals.Available in Australia: Gemini is a global exchange with operations in Australia, making it a good choice for Aussies.Visit the Gemini website Gemini Pros Explained However, when you consider the maker and taker fees that are on the low end of the market average, Gemini turns out to be a great option for new people to buy and hold crypto assets with peace of mind. There are no advanced features or trading markets such as futures, margin, or options to entice advanced traders. You also have the choice between two different trading interfaces a basic version suitable for investors with little or no experience, and the more involved ActiveTrader interface which can be used by novices who know how to read real-time charting. Unlike other global exchanges, there is support for AUD deposits and withdrawals, all the major digital assets are available to trade, and the interface is clean and minimal. It also adheres to Australian regulatory requirements.īased on the features available in Australia, it is clear that Gemini is catering to beginners and novices who prefer a simple way of cryptocurrency trading and investing. Consistent with its global reputation, Gemini places a strong emphasis on security. Gemini is a popular Australian cryptocurrency exchange that allows traders can purchase, sell, trade, and store Bitcoin, Ethereum, and a variety of ERC-20 tokens. ![]()
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