Winklevoss Bros’ Gemini Exchange Launches Daily Bitcoin Auctions
Gemini Trust Co., the New York-based digital currency exchange founded by the Winklevoss Brothers has begun the first-ever daily bitcoin auction in a bid to facilitate trading with higher volumes at lower costs with better prices. Starting today, the bitcoin ecosystem will see an exchange adopt a daily bitcoin auction at 4 P.M New York time, every day including holidays and weekends. In an announcement, Gemini said it ushered in its daily bitcoin auction to remedy the “incredibly inefficient” method of bitcoin trading today, wherein exchanges are missing mechanisms that are otherwise....
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Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to begin hosting daily bitcoin auctions. While such auctions are commonplace as a way to determine more accurate closing prices for the New York Stock Exchange or Nasdaq, Gemini is positioning the auction as more than a first for its exchange. Tyler Winklevoss told CoinDesk: "It's the first ever end-of-day auction on a bitcoin exchange. It's a pretty standard feature on traditional exchanges that didn't exist on a bitcoin exchange until now." The launch represents the latest effort....
Gemini exchange, based out of New York’s Flatiron District, is launching what may be a first within the Bitcoin ecosystem - daily Bitcoin auctions. The very first official auction on Gemini will be a BTC/USD pairing and will occur today at 4:00pm Eastern Time. Future auctions will occur every day, including weekends and holidays, at 4:00pm ET. Tyler Winklevoss, Gemini Chief Executive Officer, said to Bloomberg: "We believe this is the first-ever end-of-day Bitcoin exchange auction. Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction....
Pressing ahead with its global expansion plan, bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has opened shop to users in Japan and the Republic of Korea. In an announcement, yesterday, Gemini President Cameron Winklevoss wrote: As of today, registered customers in the Lands of the Rising Sun and the Morning Calm can trade bitcoin and ether using the Gemini exchange. Registered users are now enabled to transact with limited trading pairs of the two primary cryptocurrencies. More specifically, users will be able to buy BTC with USD or ETH and sell BTC for USD or ETH.....
Continuing its global expansion plan, New York-based bitcoin and ether exchange Gemini, founded by the Winklevoss twins, has begun operations in Hong Kong and Singapore. Users in Singapore and Hong Kong will be now be able to access Gemini, the Winklevoss twins’ digital currency exchange. The announcement was made by Gemini co-founder and president Cameron Winklevoss on October 2nd. Starting immediately, users will be enabled with limited trading pairs that involve the two major cryptocurrencies, bitcoin and ether. More specifically, registered users will be able to buy BTC with USD or....
Gemini, a regulated Bitcoin exchange founded by the Winklevoss Twins, is officially expanding its services to Hong Kong and Singapore. Registered users based in Hong Kong and Singapore can already begin trading USD with Bitcoin and Ethereum on Gemini’s advanced digital asset exchange. Although the Gemini trading platform in both countries only support US Dollars at the moment, Cameron announced that the company is working on adding HKD and SGD as it continues to expand to additional areas in Singapore and Hong Kong. Cameron Winklevoss announced: “As of today, registered customers in both....