Gemini – Cryptocurrency Exchange to Buy Bitcoin and Ether Review

gemini review

Created by founders Cameron and Tyler Winklevoss in 2015, Gemini is a privately-owned cryptocurrency exchange and is a New York trust company that is regulated by the New York State Department of Financial Services (NYSDFS).

When it comes down to a Coinbase Alternative you can depend on, Gemini fills that void. Gemini is a cryptocurrency exchange platform that simplifies the process of buying and selling Bitcoin and many other altcoins on the market. Gemini also allows you to pay for goods and services using crypto.

gemini apy 2

Gemini has a growing selection of cryptocurrencies you can buy and trade right away. Some of the most popular coins available on the platform are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, Polygon, Sushiswap, Yearn Finance, and more. Gemini also has it’s own cryptocurrency called the Gemini Dollar which is the platforms stable coin (pegged 1:1 to the US Dollar).

Funding Account with a Debit Card

Gemini has opened itself up to the world and made it easier to buy cryptocurrencies by finally adding debit card payments as an option on their platform. Debit Card payments allow you to instantly buy crypto and be able to transfer them out to external wallets.

Gemini also accepts Google Pay to instantly fund your account. Google Pay allows you to add debit cards, credit cards, and other payment methods to make purchases online. Google Pay is all about convenience and so is Gemini.

Funding Account with a Bank Account

Don’t have a debit card? No worries. Gemini gives you the option to buy crypto with your bank account. You can do a traditional wire transfer which takes anywhere from 1 to 2 business days or you can do an ACH debit which will pull your funds from your bank account in 3 business days.

If you decide to deposit funds into your Gemini account via ACH Debit Transfer, you will be credited the funds instantly for trading. The only limitation to this is, you will not be able to withdraw your crypto to an external wallet until the funds clear.

Mobile App and Wallet

gemini walletGemini is looking to compete with many popular digital wallets such as Exodus by not only allowing you to store your cryptocurrencies but to be able to buy and trade them as well. The mobile app is very convenient and easy to use. You can download the Gemini mobile app on Google Play and Apple Store.

Logging into the app allows you to monitor the progress of your portfolio and setup alerts that will notify you of price movements. This will help you to make trading decisions when ever they are needed. If you decide not to log into the app, you can still monitor the market and all the cryptocurrencies that are being traded on Gemini.

The Gemini mobile app is easy to install and setting up your account takes less than 3 minutes. Once you connect a debit card, bank account, or Google Play account, you can get started with trading right away.

Gemini Earn

gemini earn apy

In a traditional bank account, you can earn about 1% APY on your money. With Gemini, you have the ability to earn up to 7.4% APY on your digital assets. Let your money work for you by turning your fiat currency into digital dollars. Gemini has an assortment of cryptocurrencies that you can set aside and grow overtime.

By clicking on the Earn Tab in the mobile app, you can see a full list of all the cryptocurrencies you can earn interest on. Interest Rates vary depending on the asset you choose. Example, with BAT token you can earn 3.49% APY, Bitcoin 2.05% APY, and DAI (a stablecoin) can earn you 7.4%.

You have the option to redeem your held crypto at anytime. No penalties or additional fees included.

Gemini Pay

gemini pay

Beyond the traditional crypto wallet and trading aspect of their platform, Gemini is focused on changing how businesses make payments online. The Gemini mobile app is accepted at over 30,000 retail stores such as Bed, Bath & Beyond and Petco. Similar to Google Pay and Apple Pay, you can make purchases directly using the mobile app.

Pay for movie tickets with Gemini Pay by clicking on the Pay tab. Then, you have the option to choose AMC Theater (or any other supporting movie vendor), select Bitcoin, Ethereum, or your Debit Card as your payment method, then proceed. You will then be shown a digital bar code that you can bring to the teller at the register to process your order.


Gemini is one of the best crypto exchanging and investing platforms online today. Gemini makes it easy for users to buy and sell cryptocurrencies and withdraw to an external wallet. Gemini is more than just your average crypto exchange app. You can purchase goods and services with crypto using Gemini Pay, and earn interest up to 7.4% on your digital assets using Gemini Earn.

Gemini is your one-stop-shop in terms of everything to do with Crypto. Signup today to get started.

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