Are there fixed fees, transaction fees, or other fees?
Is the website safe and your information secure? Have there been previous breaches in security?
How many coins are available to trade?
|Ease of Use?
How good is the overall experience? Is it easy to buy/sell tokens, view funds, and see market movements?
The reason Gemini has such a high security rating is because all digital assets are held in cold storage and US dollar deposits are held at a FDIC-insured bank.Gemini also does its best to adhere to the highest levels of compliance with banking standards.
The nice thing about Gemini is that there are no deposit or withdrawal fees. They only fees they charge you for are trading. The trading fee is .25% per buy and sell.
If you’re looking to get yourself into the altcoins then look somewhere else. Gemini only sells BTC and ETH and nothing more.
Ease of Use
For the most part, Gemini is pretty easy to use. It doesn’t take long to get used to its interface and it isn’t too difficult to get set up. The only issue is that it can take quite a long time to verify your account. With so many people signing up, it can take a week or longer before they get back to you on your verification. The other downside is that Gemini is only available to 42 US states, Canada, The United Kingdom, South Korea, Japan, Hong Kong, and Singapore. So if you’re not in these locations then you can’t use Gemini.
Overall Gemini is a great exchange to be on if you’re looking for something easy to use and fast liquidity. The downside to Gemini is that you can only buy BTC and ETH. Nothing else. So if you want to get diversified then you’ll want to look elsewhere. However, keep Gemini in mind as a good escape goat for when you want to liquidate your funds.