![]() None of them supports a large number of digital assets but the reason for this is that they have high criteria and accept only the most popular and secure coins to protect the platforms from any fraudulent activities. Coinbase Pro and Gemini have both their advantages and disadvantages in this category. The first thing you should check when looking for a trading platform is the variety of supported cryptocurrencies it offers and the option for fiat-to-crypto exchanges. Gemini vs Coinbase Pro: The Comparison Bitcoin and Other Supported Cryptocurrencies All this has made Gemini one of the most trusted crypto exchanges. This means paying extra attention to consumer protection, anti-money laundering, and investing in high-tech cybersecurity. Having chosen NY as its location, the company had to comply with the regulations set by the NYSDFS. One thing led to another and Gemini was born. This allowed the brothers, who have always been interested in the crypto market, to invest a lot of money in Bitcoin. The lawsuit against Zuckerberg resulted in a $65 million legal settlement comprised of $20 million in cash and $45 million worth of Facebook shares. The Harvard alumni claimed that they were the ones who came up with the idea for Facebook – the initial name for the networking site was ConnectU – only to have Zuckerberg steal the idea under their noses. The name Winklevoss twins might ring a bell since these were the guys who sued Facebook founder Mark Zuckerberg back in 2008. In only two years, Gemini has made its way among the top 20 exchanges in relation to trading volume.īut let’s take a step back and talk about the background of Gemini founders. The name is a reference to the founders – the Winklevoss twins Cameron and Tyler – who launched the platform in 2015 with headquarters in New York City. Gemini is one of the most famous crypto exchanges. For a comparison on Coinbase vs Gemini, check out our separate review. ![]() That’s what prompted Coinbase founders to create another separate platform that would cater to the needs of seasoned and institutional traders.Ĭoinbase Pro (initially called GDAX) was expected to offer more cryptocurrencies, worldwide access, and more protection, in line with the financial regulations of the California state. However, the experienced traders weren’t as satisfied because the platform didn’t offer advanced trading options for the more adventurous. Thanks to its simple user-friendly design, it became the top choice for newbies and retail traders. Prior to that, it used to be part of another highly famous exchange called Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam in San Francisco, California.Ĭoinbase rose to success very quickly and skillfully. The story of Coinbase Pro begins way before the year 2016 when the exchange was first launched as a separate platform. Our in-depth analysis will give you more details on how these trading platforms work and what they have to offer. ![]() Today, the focus is on Coinbase Pro and Gemini, two outstanding platforms from the United States that enjoy the trust of the crypto community and are especially praised by senior traders.
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