One, the exchange is highly transparent and with all their charges and you get to know how much a transaction will cost you before entering into a trade position. Looking at the Gemini fees and commissions, these three things stand out. This can be either a market, limit or four other types of limit orders. These can be traded in either crypto-to-crypto or crypto-to-fiat pairs in six different order types. For the Fiat currencies, the exchange will only support the USD, despite having outgrown the U.S market reaching out to more international crypto hubs. These include BTC, ETH, LTC, ZEC, and BCH. On the Gemini exchange, one can only trade in five cryptocurrencies and one fiat currency. These nonetheless make the platform appealing to institutional and high volume investors who value security over trade and analytical tools and indicators. The fact that the buy and sell features are hosted on separate pages further makes the Gemini trading platform unattractive to active traders. Here, you wouldn’t find an array of trading tools or technical indicators to help analyze markets. ![]() Unlike its competitors like Kraken that have comprehensively equipped their exchanges with trading and analytical features, Gemini only hosts the most basic tools and indicators. Looking at the exchange’s operations, we can’t help but feel like that while in the chase of safety and security, Gemini has neglected important aspects of the crypto trade. It is only engaged in limited markets, and will only incorporate a limited number of both crypto and fiat currencies. ![]() Going through the number of markets and coins the Gemini exchange has been involved in, you will notice that it has not been as aggressive as its competitors. ![]() The exchange has come up with several proprietary cybersecurity technologies, insured its customer deposits, and applied for registration and licensing with one of the world’s financial markets regulator. Note: Gemini is by far one of the safest crypto exchanges currently available.
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