Gemini Exchange Review: An Honest Review
Gemini exchange is no doubt a good exchange out there. So today here at BlockchainBiome I am going to share Gemini review with you. In today’s constantly changing era development is seen in every corner of the world and across all fields.
With the larger flow of information and internet penetration consumers are also becoming aware of their lifestyle and how to make it healthier and fancier. Sports business is one such field which has grown profusely in the past 2-3 decades. The changes and improvements have completely changed the sports scenario.
The Internet is integrated with everything and sports is not left behind. Smart gadgets, applications have been built to track the growth of the human body and help it to remain healthy. This platform has given rise to enormous business opportunities and opened gates to a huge number of commerce services. The sports equipment and applications are being made with the latest data and technology to facilitate value to customers.
The team of service providers, developers, researchers are constantly working to improve the sports ecosystem and integrate it on the digital platform using block-chain technology, smart contracts, and others. GEMINI exchange is a funding platform that aims to create an active ecosystem of service providers, investors, and consumers.
Let’s understand with a simple example
For example, The sports world has always been a fascination and being a part of it has always been a matter of pride. We all love gaming and being a part of the gaming world is just a wonderful thing to be a participant of. So, what if I tell you there are so many gaming platforms today that provide the chance to turn your good skills of gaming into a good habit of yours. Why not make a habit that earns you loads of benefit and extracts the best out of you!
The platform that aims at making your dreams true is called Gemini. A platform that holds the benefit for you and tells you to say bye-bye to your old video games. Gemini plans to solve most of the problems that the players these days are surrounded with. With all these things in mind, Gemini erupts to be a savior and solve most of the problems of the present-day gamers.
Solutions from Gemini Exchange
The main aim of the Gemini exchange platform (Official Website) is to help out everyone involved in the world of gaming. Whether you are a gamer or a professional or even if a newbie, the Gemini platform will bring equal opportunities for everyone keeping in mind the amount of hard work they put in while keeping their talent in the front foot.
Sometimes, the issue is all about the current centralized model that we have. As a result of which it becomes a little difficult to give fair chances to the players and professionals. Guess the issue now!! It causes limitations and restrictions. This causes issues with interaction and problems for the whole gaming industry.
Another major reason for concern is the fact that leads to deprived options for the consumers/players. So as long as there are barriers between the players, the blame game becomes stronger and starts creating other trouble in the process too. Blaming each other turns out to be a common goal for all. The bad part about the whole thing is that it is more like a virus and continues to spread for the longest possible time. Remember the proverb where a rotten fish ruins the whole pond with its toxic? The situation is more or less the same in this case also.
Buying and Selling off on Gemini Exchange
If you are looking ahead to grab some altcoins, this is just the right time for you because the platform has set up no limits to withdraw or even make some deposits. There are different plays of automated transfers using which one can deposit their money.
In a daytime, one has the privilege to deposit a total of $500 and over $15,000 in a month. This rule is not applicable to organizations and institutions. One can make a day deposit of $10,000 and a monthly deposit of $300,000 being a part of an organization or institution.
The minimum number of altcoins that one has to purchase in order to proceed is somewhere around 0.00001 BTC and 0.001 ETH.
So, if you are someone who is looking for a trading opportunity, then this platform is just the one for you. All you need to do is create a trading platform to move ahead. Using your wallet one can have the privilege to trade all sorts of coins that includes BTC, ETH, and so on.
Gemini Exchange Fees
When it comes to fees, Gemini exchange charges the lowest fees. This is relatively low when we compare it with other options. You can make your deposits for no price at all using this platform which sure is a boon for all the crypto lovers out there.
From the ones who are selling it, Gemini takes about a fee of 0.25%. The same goes for the buyers as well. Therefore, it is important to keep up to the trading volume in the coming time. The fee reduces off to 0.10% if the given volume exceeds a limited amount. This is where the trial period comes into account.
Gemini Exchange – Safe or Not?
When it comes to trust, all we look for is safety. The same goes for any other platform that you wish to. In order to opt for a platform to go, ahead and make exchanges, it is very important to know how safe and reliable in the particular platform is for a useful purpose.
Some of the factors to prove the reliability of Gemini is:
When it comes to providing customer support, Gemini tops the rank. It is known for being the best provider of customer services as well as giving the best user interface to the people as well.
There are no chances of getting automated responses. Everyone who mails or looks for support is responded through email services. Along with that, the users also have the privilege to ask about their queries and get hold of the issues using email. If they do so, they are bound to get an immediate response from the people on the other side. It also provides detail of frequently asked questions which is the perfect place to get the answers to the questions. It just takes a few hours for the Gemini support services to reply to the customers.
Security is one of the primary preferences of the Gemini Exchange platform. It makes very sure that all the different transactions and the trading that is performed on the platform are made keeping in mind the law. Gemini claims itself to be one of the most legal platforms that have come up with exchanges.
Each and everyone who has an account in the particular platform should leave their worries. This is so because of all the accounts that Gemini holds up are completely secured and also have an insurance by FDIC. All the funds of the platform are properly stored in cold storage and are completely secured.
Keeping in mind the community and company’s dependency, the Gemini platform is a platform that is based in the US. It makes very sure that all the rules and regulations are followed. Along with that, I know license that provides it the opportunity go ahead and make a worthwhile trading experience for anyone. Since it is regulated and taken care by the financial services belonging to New York, its makes very sure that it follows the process of anti-laundering of money and all the requirements related to cybersecurity.
Why Gemini exchange?
Gemini comes to the players to solve these problems for once and all and to regulate so it proposes two major agenda. First, the plan of Gemini is to provide a platform that will turn your hobby into a way to earn more money and will reward you equally. The rewards will be monetized for sure. Another reason to opt for the platform is Gemini uses only Bitcoin and there till date to process all its transactions in the platform.
Secondly, the platform will take good care of the gaming needs and fulfil it, it will provide various tools and stuffs to keep the gaming spirit in the crypto world on.
This is what we look for, right? A platform that takes care of all the needs and helps in getting along. Hence, Gemini does the needful.
If you are aware of your gaming tricks then the Gemini platform is the one for you. All you need to do is buy some GG tokens to be a part of it. The ICO starts from 19th May 2018 and will end on 16th June 2018. 50,000,000 GG tokens will be overall supplied during the token sale. The value of one token will constitute to $1 USD. The minimum goal is $5 Million USD. The token allocation is done quite efficiently and effectively keeping in mind that the advantage comes intact for everyone.
The team of Gemini consists of high-end professionals and blockchain developers.
The basic reason behind building this Gemini exchange platform was to make it a trading site for Bitcoin. Ethereum was added to the list after that with time. Gemini uses only Bitcoin and there till date to process all its transactions in the platform. These two other only cryptocurrencies that are available on the platform and people. So, if you are a new user, you can make your purchase using your US dollar. However, the only cryptos that will be available for you to buy are bitcoin and Ethereum. This is a fancy way for all those traders who are looking forward to liquidating their own assets on a day to day basis.
Along with that, the platform is also is a supporter of Ethereum vs Bitcoin trading. The pairs that the platform uses for making its trade includes a pair of Bitcoin versus US dollars. The second pair includes Ethereum versus US dollars. The final pair includes Ethereum vs Bitcoin. The platform is currently growing and which time it aims to become successful and add as many cryptos as it can.
The platform is also making plans to add a ripple to its platform and to its big list of the cryptos that it supports. However, this is yet to happen and the results are yet for the people to see. Well, Gemini uses Ethereum as well as Bitcoin but the most traded one is surely Bitcoin. It has a dominance over Ethereum and serves a total of 545 audiences. On the other hand, the other option i.e. Ethereum uses only about 34% of the total audience making it a little less attractive than the former.
Wrapping Up Gemini Exchange Review
Overall Gemini leaves a strong impact on the ones who look to get the most from the world of gaming. Turning your gaming dream to reality is no wrong and when there is a platform bringing it up for you then why not grab it with both your hands? But, the question is about the longevity and future of the platform about which there is no guarantee. Even though the scopes are high, it is better to understand the scopes it comes mended with for the future. What is your thought on this?
So, make sure to have a trading experience with the platform in order to move and plan ahead. Well, you can always have the luck on your side, you never know, do you?