Gemini - Winklevoss Brothers Exchange

[Ahtisham Tahir]

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The Gemini exchange gained its popularity due to the fame of its founders - the Winklevoss brothers, who were one of the founders of the world's most popular social network Facebook. The Winklevoss brothers had lengthy litigation with Mark Zuckerberg, but as a result, they managed to sue about $65 million, some of which it was decided to invest in creating their own cryptocurrency exchange.

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The Gemini exchange was officially launched on October 9, 2015, after receiving the Winklevoss brother's approval of the application for registration by the Departments of Financial Services of the U.S. State of New York. As a result, we have a reliable cryptocurrency exchange with government regulation, cooperation with large US banks, large venture capital investors, and the world's largest exchange operators like CME Group.

If we take a look at the "Exchanges" section of the popular Coinmarketcap resource, we find Gemini there in eleventh place in the ranking of the exchange's assessment on a number of indicators with a daily trading volume of over $16 billion. At the same time, the weekly attendance of this exchange is at the level of 700 thousand people. The exchange supports a large number of fiat currencies, about 77 coins, and is traded on 97 markets, and the liquidity ratio of the exchange, according to the Сoinmarketcap service, is at the level of 634. The exchange is constantly developing, its trading volumes are growing.

A clear advantage of the Gemini exchange is the availability of its own credit cards with no annual fee and with a return on purchases of up to 3%.

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[kaitlynkateduff]

Yeah, the FaceBook debate on whether or not they should be owning the whole company is dead on the water. But what I will say is with a couple fo Harvard grads, you sure get the best out of these guys having to make the most out of their prime time intelligence. It's really hard for a Harvard graduate to be unsuccessful, and judging how they fare against the best crypto investors, I should say that they are very comparable to the best of what's to come. I hope that the crypto market gets back up again and makes a huge comeback this year after a 2021 end of the year fluctations. These kinds of events sure do put a scare on people, especially when they just invested a ton of money to begin with.