Our Verdict
Gemini, founded by Cameron and Tyler Winklevoss, stands out as a regulated U.S.-based crypto exchange with strong compliance credentials. Operating in 66 countries, it supports 76 cryptocurrencies and 390 trading pairs, offering competitive fees (0.02% maker / 0.04% taker for spot trades under $10k). While its beginner-friendly interface caters to newcomers, the ActiveTrader platform provides advanced features like 100x leverage on perpetual futures and TradingView integration.
Key Highlights:
- Regulated: Licensed by NYDFS and FCA (UK).
- Security: 2FA, biometric authentication, and insured hot wallets (though lacks proof of reserves).
- Trading Fees: Lower than Coinbase but higher than MEXC or OKX.
- Limitations: No margin trading, limited token selection, and geographic restrictions.
Gemini Pros and Cons
| Pros | Cons |
|-------------------------------------------|-------------------------------------------|
| ✅ Up to 100x leverage on futures | ❌ No margin trading |
| ✅ Competitive fees for high-volume traders | ❌ Limited cryptocurrencies (76) |
| ✅ Advanced charting (TradingView) | ❌ Past security breaches (2022 hack) |
| ✅ Strong regulatory compliance | ❌ No P2P or copy trading |
Is Gemini Right for You?
Trader Profiles:
Leverage & Derivatives Traders (3.8/5)
- Supports 100x leverage on futures but lacks margin trading.
- Fees: 0.02% maker / 0.06% taker.
Algorithmic Traders (4.2/5)
- Offers API access, sandbox, and backtesting tools.
- Limited to 600 CPM on private API (not ideal for HFT).
DCA Investors (3.5/5)
- Recurring buys (daily/weekly/monthly) but no deposit insurance.
- Best paired with cold storage (e.g., Ledger).
Casual Traders (4.0/5)
- User-friendly interface and staking options.
- Higher fees than MEXC/OKX.
Auto/Social Traders (0.0/5)
- Not supported: No bots, copy trading, or social features.
Main Features
| Feature | Details |
|------------------------|------------------------------------------|
| Headquarters | New York, USA |
| Founded | 2014 |
| Regulations | NYDFS, FCA, HCMC, CBI |
| KYC | Mandatory |
| Fiat Support | USD, EUR, GBP, SGD |
| Fees | 0.1% spot, 0.02% futures maker |
| Deposit Methods | Bank transfer, Apple/Google Pay |
👉 Explore Gemini’s trading pairs
Supported Countries
- Available in 50 U.S. states + 66 countries (vs. 100+ for Coinbase/OKX).
- Restrictions: UK retail users can’t trade derivatives; Canada bans new accounts.
Full list of supported regions
Bonuses & Promotions
- **$15 Bitcoin Bonus**: For new users trading $100+ in 30 days.
- Referral Program: Earn $15 per referral (max $600/year).
- Fee Rebates: 15–25% for high-volume traders.
Security & Transparency
- SOC 2 Certified but no proof of reserves.
- 2022 Hack: Exposed 5.7M users’ emails; $36M stolen (settled in 2024).
- Hot Wallet Insurance: Covers exchange-held assets (not user wallets).
💡 Tip: Use cold storage for long-term holdings.
Trading Experience
Desktop & Mobile App:
- Simple Mode: Easy fiat-to-crypto purchases.
- ActiveTrader: Advanced charts but no stop-loss/take-profit orders.
- Mobile: Minimalist design; lacks TradingView indicators.
Fees:
- Spot: 0.1% maker/taker (under $10k volume).
- Withdrawals: Free for non-U.S. wire transfers; crypto fees vary.
👉 Compare fees with other exchanges
Available Cryptocurrencies
- 76 tokens (e.g., BTC, ETH, SOL) and 390 pairs.
- UK Limitations: Only 21 pairs accessible.
Customer Support
- 24/7 Chatbot: Redirects to email for complex issues.
- Email Response: ~12 hours (detailed but slower than live chat).
FAQ
Is Gemini safe?
Yes, but no exchange is risk-free. Use 2FA and cold storage.
Does Gemini offer leverage?
Yes—up to 100x on futures, but no margin trading.
Can U.S. users trade on Gemini?
Absolutely. It’s fully regulated in the U.S.
How do Gemini’s fees compare?
Lower than Coinbase but higher than OKX/MEXC.
Why Trust This Review?
Authored by Callum Kennard (crypto trader since 2017), this review adheres to FXEmpire’s 200+ variable assessment framework for unbiased accuracy.
Gemini suits compliant traders prioritizing security over token diversity. For lower fees or altcoin access, consider OKX or MEXC.
🚀 Ready to trade? Start with Gemini today.