Matthew Baker#55

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What is Gemini exchange and is it reliable?

Gemini is a US-regulated cryptocurrency exchange founded by the Winklevoss twins. It is licensed under the New York Department of Financial Services (NYDFS), offering strong compliance and investor protection. Gemini focuses on security, including insurance for digital assets and SOC 2 Type 2 certification. It provides spot trading, custody services, and a user-friendly mobile app. While fees are higher than some competitors, Gemini appeals to users who prioritize safety and regulatory trust. It is considered one of the most reliable exchanges for US-based traders.