Gemini was launched in 2015 in New York City by the Winklevoss twins (hence its name).
Coinbase pro vs gemini fees pro#
To regain market trust, Coinbase Pro took responsibility for the flash crash and honored every single transaction using company funds. The company proceeded to halt trading and later claimed this was merely a “fat finger”, but several users lost a huge amount of money because of this bizarre incident. It’s also important to note that they also have the backing of several notable investors such as the New York Stock Exchange, Union Square Ventures, and Andreessen Horowitz.Ī few months ago, a multi-million dollar sell order caused the price of Ethereum to drop from over $300 to 10 cents almost immediately on GDAX, which triggered an avalanche of around 800 automated stop-loss orders and margin-funding liquidations. Coinbase Pro is headquartered in Silicon Valley, and since their launch they’ve served over 8 million customers and they’ve successfully exchanged over $20 Billion worth of digital currency.
rules and regulations.Ĭoinbase Pro was founded in 2012 and is a part of Coinbase and more specifically the part of the company, which is targeting more active traders. Very Low – (Maker Fee 0% Taker Fee Up To 0.25%)īoth Coinbase Pro and Gemini are US-based crypto currency exchanges and they have both continued to successfully navigate the strict U.S. Coinbase Pro vs Gemini: Quick overviewīitcoin (BTC), Ethereum (ETH), Litecoin (LTC)Ĭrypto Deposits, Bank Transfer (ACH), Bank Wires
In this review, I will provide an overview of each exchange, so that you can make an informed decision of which is best for you.
Also, if you’re looking to move beyond the more simple and limited features of exchanges such as Coinbase, then both these platforms are also a good next step. If you have an intermediate understanding of investing these platforms are perfect for you because they provide a simplified exchange experience with enough bells and whistles to keep the average customer happy. Gemini: Final ThoughtsĬoinbase Pro and Gemini are great platforms to begin trading cryptocurrency.
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