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Digital currency exchange and custodian Gemini Trust Business, LLC (Gemini) is a cryptocurrency exchange and custodian that permits consumers to buy, offer, and shop digital properties. It is a New York trust business that is controlled by the New York State Department of Financial Solutions (NYDFS) and was founded in 2014 by Cameron and Tyler Winklevoss.

In May 2018, it was revealed that Gemini had become the world's very first certified Zcash exchange. Presently, it runs in the United States, Canada, the United Kingdom, South Korea, Hong Kong, and Singapore. Primary competitors include Coinbase, Binance, Bitstamp, and Kraken. All users are able to trade cryptocurrency and fiat currency on an open market.

Gemini started in order to help with the purchase and storage of Bitcoin through an intricate system of personal keys and password protected environments. Just a small portion of the overall bitcoin on the exchange is held online to decrease the risk of loss from hacking.  Additional Info  was the very first exchange to release bitcoin futures agreements in December 2017.

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History [edit] Tyler and Cameron Winklevoss announced Gemini in June 2013 and the company went live on October 25, 2015. Gemini started including to the financial services it uses afterwards, a few of which include REPAIR and API assistance. On May 5, 2016 Governor Andrew Cuomo of New York State announced the approval of Gemini as the first licensed exchange based in the United States.

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In October 2017, Gemini revealed that it was allowing signed up users to withdraw Bitcoin Money from the exchange supplied they had a balance offered on the exchange prior to the Bitcoin tough fork in August 2017. In December 2017, the Chicago Board Options Exchange began to use Gemini to settle its Bitcoin futures contracts.

In March 2018, Gemini added a number of collaborations and items to its portfolio and network. It announced a partnership with Caspian, the full-stack cryptocurrency trading and risk management platform for institutional and complex investors. In April 2018, Gemini started providing "Block Trading". Block Trading enables Gemini users to buy and sell large amounts of digital properties beyond Gemini's continuous order books, creating an additional liquidity system when trading in greater size.