Gemini Review

Jared 4:17 pm

Gemini Review

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Headquarters: New York, NY, USA

Description: Security. Liquidity. Trust


24-hour trade volume: $21 M

Availability: 45 U.S. States, Canada, Hong Kong, Singapore, South Korea, and U.K.




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User Experience


The user interface is simple and easy to navigate but less impressive than GDAX, for example.


Yes – Account setup was incredibly user-friendly and made for a pleasant onboarding experience. Although it looks like verification might take some time, the process was easy to complete.


Yes – Documentation for common questions exists but could be greatly improved upon. Most of the answers are very basic and I never came across additional details or instructional diagrams.

Customer Support

24-hour response time


Verification Tiers

Account setup and verification required the usual documentation:

  • Name
  • Address
  • Social
  • Driver’s license

I did not, however, have to submit a signed and dated photo which was nice.

How long does verification take?

It only took me 24 hours to get verified but I did see this warning after I submitted my info:


2-Factor Authentication

Yes — via Authy. I’m not sure if I just missed it, but it would be nice to be able to use Google Authenticator, or another 2FA option.


Yes – U.S. funds are eligible for FDIC insurance. Not sure if that’s some sort of legal workaround or just poor wording. Digital funds are not FDIC insured, however, the company is insured by a top-tier insurance company to protect against internal malfeasance.


Yes – the majority of digital assets are stored offline using cold storage.

Payment & Fees

Fee Structure

Transfer Fees (Deposits & Withdrawals)

Transfer Fees – 0 transfer fees to deposit or withdraw in crypto, wire, ACH, etc. However, banks may still charge a wire fee.

Trading Fees (Maker/Taker)


Gemini provides fairly detailed documentation on their fee structure, which is good given the complexity. Relatively speaking, their fees are very competitive and in most cases slightly less than other U.S. exchanges.

gemini-taker-fee-schedule gemini-taker-fee-schedule


Accepted Payment Methods

Bank account (USD), bank wire (USD), BTC, ETH

Supported Trading Pairs





Site Reliability

I haven’t had any issues with reliability on Gemini. They don’t have a status page, so it’s a little hard to know if other’s have experienced outages.

Mobile App

No – The website is also not mobile friendly, which is surprising given the overall technical sophistication of the platform.

Gemini Review 2018
Trusty Gemini
Gemini is the first U.S. exchange licensed for bitcoin and ether trading. And while several other exchanges fled New York regulation, Gemini embraced it. Today, they are a regulated trust company by the New York State Department of Financial Services, which will give them a significant advantage as U.S. regulators start to crack down on exchanges in the coming years. Overall, Gemini is easy to use, provides good customer support and fair fees. They currently offer a super limited variety of trading pairs but there's decent liquidity for those pairs. Gemini delivers on their promise of security, liquidity, and trust.
User Experience8.8
Payment & Fees8.3
Beginner Friendly8.8
Reader Rating0 Votes0
Licensed U.S. Exchange
FDIC Insured
Few Trading Pairs
Not Mobile Friendly
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