Gemini
Regulated US exchange founded by the Winklevoss twins. Known for compliance, insurance, and a clean interface.
This content is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified professional for advice specific to your situation.
Best For
Security-conscious US traders who want insurance and compliance
Pros
- NYDFS regulated
- Insurance on custodial holdings
- Clean interface
- Gemini Dollar (GUSD) stablecoin
Cons
- Smaller asset selection
- Higher fees on simple trades
- Limited deposit methods in some regions
Regulatory Status
Licensed as a NY trust company by NYDFS. Subject to banking-level compliance requirements. Settled with NYDFS (Jan 2025) for $37M over Gemini Earn program failures.
Regulatory status varies by jurisdiction and changes frequently. Always verify current licensing with your local regulator before depositing funds.
Enforcement History
Settled with NYDFS for $37M related to failures in the Gemini Earn program (partner Genesis went bankrupt). Agreed to return funds to Earn users.
Primary sourceSEC charged Gemini and Genesis with offering unregistered securities through the Gemini Earn program. Settled.
Primary sourceWhy This Trust Score Is Not Higher
Gemini Earn program exposed users to counterparty risk through Genesis partnership. Smaller asset selection limits advanced trading options.
Trust scores are calculated using our published scoring methodology. Score changes are documented in our corrections log.
Key Information
- Type
- centralized
- Maker Fee
- 0.20%
- Taker Fee
- 0.40%
- Proof of Reserves
- Yes
- Mobile App
- Yes
- Staking
- Available
Country Availability
Available in:
Availability can change without notice. Verify directly on the exchange's website for your specific country and region.