Gemini Exchange Introduces Zero-confirmation Bitcoin Deposits
Additionally, Gemini improved their Instant ACH deposit system. One thing a lot of people are concerned over is the time it takes for Bitcoin transactions to confirm. This is especially true when moving funds to and from an exchange platform. Gemini, the bitcoin exchange operated by the Winklevoss twins, is introducing zero-confirmation deposits. This is quite a risky move, as zero-confirmation transactions are subject to double spending. Introducing zero-confirmation bitcoin deposits is a significant step for the Gemini exchange. Allowing customers to instantly trade their balance without....
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Digital currency exchange Gemini is doing away with transaction confirmations for approved customers. Announced yesterday, the move will see the New York-based exchange, founded by investors Cameron and Tyler Winklevoss, begin crediting users for their bitcoin deposits before those transactions have been confirmed on the network. Typically, most services will wait for at least three to six confirmations before accepting a deposit as genuine. Bitcoin transactions, after being included in an initial block, become "confirmed" as new blocks are added to the transaction history. Now,....
Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases. Major American cryptocurrency exchange Gemini now lets its users purchase cryptocurrencies like Bitcoin (BTC) with Apple Pay and Google Pay.According to a Thursday announcement, Gemini users can now connect their debit cards to Apple Pay or Google Pay for buying crypto with fiat on the platform. The firm noted that user funds will be available to withdraw one hour after a purchase was made.The new feature is available for a total of over 30 cryptocurrencies supported on Gemini,....
The exclusive United States specific bitcoin exchange, Gemini is one step closer to beginning its operations from New York. The company founded by Tyler and Cameron Winklevoss, better known as the Winklevoss Twins has filed the necessary paperwork with the New York State Department of Financial Services. According to Gemini's spokesperson, the Winklevoss twins are said to have completed the formality of filing the trust application with the government so that they can start operating as a trust company. A trust company, according to the definition of the State of New York is a financial....
Keeping in mind how Bitcoin can be traded at all hours of the day, such an auction makes a lot of sense. However, buying cryptocurrency in a direct peer-to-peer fashion requires sellers to provide liquidity at all times. Ever since the Gemini Bitcoin exchange launched, people have had high expectations for this platform. So far, trading volume is mediocre at best, which is less than impressive. But the company introduced a daily Bitcoin auction, which facilitates larger trades at lower costs. Whether or not this will help people discover Bitcoin prices, remains to be seen. Every day of the....
Gemini crypto exchange is streamlining fiat currency wire transfers for British clients. The Winklewoss twins' crypto exchange Gemini is continuing to consolidate its regulated services for clients in the United Kingdom.On Oct. 12, Gemini announced a partnership with BCB Group — a European crypto-focused payment processor that already works with major platforms such as Coinbase, Bitstamp and Galaxy Digital.BCB Group is focused on institutional payments services and offers business accounts and crypto market liquidity for "crypto-engaged" financial institutions. The Group's core subsidiary....