Only verified users can trade on Gemini. Verification requires providing some personal details, and documentation to support it. Gemini has a unique fee structure that may be appealing to certain users — this gives the exchange a competitive edge. Gemini offers incentives for newcomers to the platform and its easy-to-use interface lends itself to inexperienced and experienced traders alike. Gemini has a wide selection of cryptocurrencies available for exchanging on the platform.
However, some notable entries from the top 20 by market cap are missing, such as Cardano and Solana. All in all, Gemini is a good, welcoming exchange for users of all skill levels. Available to more active users, ActiveTrader features advanced charting and multiple order types. Gemini acts as a confirming third party in pre-arranged transactions, helping ensure timely settlement while mitigating counterparty risk. Gemini Europe, Ltd. Cryptoasset services provided by Gemini Europe Services, Ltd.
You should consider whether you understand how crypto assets work as the value of your assets can increase or decrease. Cryptoasset profits may be subject to Capital Gains Tax.
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