update wp_posts set post_content = replace(post_content,'spacebot.ltd','spacebot.app');

Is Gemini storage a revolution?

Gemini is a global digital asset exchange and regulated trust company in New York, founded by Cameron and Tyler Winklevoss in 2015. Both cryptocurrency pairs and fiat crypto pairs are traded on the exchange. Since then, the exchange has introduced new cryptographic products to make cryptocurrency more accessible for transmission and use.

Own stablecoin

Gemini launched its own stablecoin, the Gemini Dollar (USDT), to tie the cryptocurrency to a more stable dollar. The first regulated stablecoin is traded on 25 exchanges. Gemini has launched the first bitcoin futures contracts and is trying to get the first cryptocurrency ETF past regulators.
Making “digital gold” safer than precious yellow metal, the Winklevoss twins declare that they create a bridge between the world of cryptocurrency and fiat money and thereby make cryptocurrency more universal. However, these paladins of the digital economy are not loved by everyone in the cryptosphere. They are at the center of heated disputes about the centralized or decentralized future of cryptocurrencies.

Revolution demands rules

Gemini’s “Revolution Demands Rules” campaign is well under way as it aims to attract retail investors. The market capitalization of the exchange is $26 million, which is in 69th place on CoinMarketCap.com.
Gemini started by creating a cryptocurrency trading system for an institutional investor. The regulated exchange sought to become a Ferrari for cryptocurrency trading with top speed and the most fashionable toolbar. But above all, the Twins created a safe exchange. After a record year in the number of hacks and fraud with cryptocurrency exchange, as well as stolen amounts, Gemini has developed regulatory and security measures for the Wall Street bank.

Mobile Trading App

With the recent launch of a mobile trading app, Gemini is bringing its secure cryptocurrency trading platform to the main street. Is one of the most advanced crypto exchanges for professional traders anything more than Main Street needs or needs?

How does the Gemini Exchange work?

Gemini is a centralized cryptocurrency exchange. The Gemini Exchange serves both beginners and experienced traders. But let there be no misunderstandings, this trading interface was designed for a professional trader. Starting with the basic execution of a purchase order, a novice trader can be confused by advanced price analysis tools.
The exchange provides a basic trading order service as well as auction and blocking trading orders used by major traders. Traders can buy ether or bitcoin in large volumes. Even the basic order book goes beyond the basic market, limit orders and stop-loss orders offered by most cryptographic trading platforms.

Trading environment

As for the trading environment, Gemini is a safe and reliable exchange. The exchange did not report any disruption last year, except that it was shut down for regular scheduled maintenance. Gemini’s security measures, which will be discussed in more detail later, include crypto asset insurance, FDIC deposit insurance and autonomous cold storage. The exchange is open 24/7.
Before trading on this Gemini exchange, you can practice trading in Gemini Sandbox. You will need to register and pass an email and SMS check or, alternatively, an Authy app check. A total of $100,000, 1000 BTC and 20,000 ETH for the game will be provided.

What cryptocurrencies does Gemini support?

The two leading cryptocurrencies, bitcoin and ether, can be traded, but you can’t buy Ripple, number three, because of securities classification issues. Gemini compiles a list of the safest coins. Other cryptocurrencies include a privacy coin (Zcash) and securitized tokens (DGD, GUSD).
• Ethereum (ETH)
• Ethereum Classic (ETC)
• Bitcoin Cash (BTC)
• Litecoin
• Zcash
• Gemini Dollar
Cryptocurrency pairs

• VSN/
• LTC/

Supported countries

Gemini is a cryptocurrency exchange in the United States with several supported jurisdictions around the world. You can access online exchange from the following countries. Gemini sandbox for test trading is available in other jurisdictions.
• United States
• Canada
• United Kingdom
• South Korea
• Hong Kong
• Singapore

Fees and Limits

Trading fees for buyers (manufacturers) and sellers (recipients) decrease on the siding scale depending on the increase in trading volume. Deposits are free. There is no charge for the first 30 monthly withdrawals.

Gemini Control Panel

The Gemini Exchange combines great power and functionality behind a very clean simplified trading panel. There are no loaded menus that can distract. Choose whether you want to buy or sell currency, as well as the pairs you want to trade. An institutional class trading screen will appear, but unlike other professional trading systems, the interface is simple and understandable.
There are three trading options: continuous order book, auction, and trade blocking. Gemini Block Trading, launched in March 2018, allows large institutional traders such as banks and hedge funds to buy and sell currency in large blocks. In its first year, Gemini’s block trade brought in orders worth $100 million.
Gemini reports that 85 percent of its customers used its block trading service, indicating that most customers are big traders such as banks and hedge funds.

Detailed guide

Gemini is becoming a popular cryptocurrency exchange among large institutional traders. Now that the mobile app has been unveiled, Gemini is poised to enter the retail market. But is the retail investor ready for Gemini?
The reduced mobile app is a good trading tool for both beginners and experienced cryptocurrency traders. Is the full trading experience too complicated for a novice trader?
First, create an account on Gemini. On the registration screen, choose between opening a personal account or registering with an institution. After clicking on “Open personal account” enter your email address and password. Click the confirmation link sent to your email address. Next, you will be asked to confirm your identity by SMS code. Alternatively, you can use two-factor Authy identification.

Identity confirmation

The passport is the preferred photo ID. Other forms of national identity card are also mentioned in frequently asked questions.
Replenish your account by making a fiat or crypto deposit. If you choose a bank transfer, Gemini will allow you to start trading immediately while your funds are processed. Although you cannot withdraw funds before the bank transfer is completed. For a cryptocurrency deposit, copy the address of your Gemini wallet for the coin you want to deposit (BTC, ETH, BCH, LTC, ZEC) and paste it into the withdrawal order for your wallet. The minimum purchase amount when buying bitcoins is 0.0001 BTC. For ether, it’s 0.001 ETH. ACH transfers have a limit of $500 a day and $15,000 a month for individuals. For businesses, ACH deposit limits are 10,000 per day and $300,000 a month.

Trading using a continuous order book

On the right menu, click Buy. Select the currency pair you want to trade. A continuous order book screen appears. Click on the amount you want to exchange at the bottom of the screen. This extended price table will show you how much BTC/USD in this example is available at this price. Enter the amount you want to exchange – 1 BTC in this example – and the rest of the order will be filled.
The advantage of this trading order is how quickly you can execute the order. What’s more, if you try to buy at a lower (higher) price, you can see how much offer there might be, or maybe not. In this simple GUI there is a lot of trading information for traders who are in no hurry to understand it. Click “Buy” to place your order.

Trade with Auction

Gemini’s auction option is used mainly by experienced traders and the CBOE to set the price of their bitcoin futures. A key advantage in sometimes illiquid cryptocurrency markets is the ability to enter the market when the liquidity pool is aggregated. The auction corresponds to the cumulative number of purchase and sale bids. Select a market order (final price), limit order (maximum or minimum price at which you are willing to buy/sell). Click “Buy” and the order will be executed at the specified time. Auction orders are available for pairs BTC/USD, ETH/USD, LTC/USD, BCH/USD and ZEC/USD.


On the side menu, click Withdrawal. Click on Bank Transfer or the coin you want to withdraw. For bank transfer, you must first specify your bank details in your profile if you haven’t already done so. To withdraw the cryptocurrency, enter the amount you want to withdraw, or click the MAX icon (BTC) to withdraw everything. Click on Output Overview and confirm.

Are Twins regulated?

Gemini is a New York City trust company regulated by the New York State Department of Financial Services (NYDFS). That means it must comply with consumer and digital asset protection rules. Gemini is also part of the Virtual Commodities Association (VCA), which works to create a self-regulatory organization to oversee the industry. However, Gemini is not stepping on the heels of regulators. Like the Coinbase exchange, for example, Gemini declined to include Ripple in the listing because it could be classified as a security and subject to securities rules.
The downside of regulation is that Gemini is gradually moving beyond bitcoin trading as government approval is required for each new coin. Confidence is that it is developing a portfolio of secure cryptocurrencies.

Are Gemini safe?

When it comes to security, Gemini is at the center of a discussion about a centralized and decentralized cryptography repository. Gemini is one of the few crypto exchanges that provides storage services for crypto assets at the institutional level. This means that this exchange has a lot of assets in its virtual storage, and most of those assets are stored offline in a cold wallet for security.
Undeniably, the exchange with the “safety-first” mandate has additional security measures in place than other exchanges. Here’s a review of Gemini’s security system. Gemini has your personal keys. They are stored off site in a cold storage facility to state-level security standards.
Identification with multiple signatures makes it difficult for a hacker to access your assets. A certain amount of cryptocurrency is stored in Gemini’s hot online wallet. This cryptocurrency is insured by several underwriters.

Capital reserve

As a regulated financial services organization, Gemini complies with capital reserve requirements. Gemini is the first exchange to meet SOC 2 security standards, demonstrating the highest security measures to protect customer data and funds.
As a regulated financial institution, depositor funds are protected by FDIC insurance. Is Gemini a cryptocurrency exchange fort? Some argue that it is a centralized exchange, its assets are at greater risk of hacking. However, most of its crypto assets are in cold storage outside the area of oversight by the financial system.
If you need full security at the bank level, Gemini is not recommended. Instead, it’s better to visit a regulated platform that holds customer funds at tier one banks such as Coinbase.

Brief summary

Remember that the working tool is exactly the service or exchange, or exchanger in which you see the greatest benefit or lowest loss (commission). Therefore, for users of the RU-sector it is more convenient to use exchanges from Russia or CIS countries. Bitteam, for example. The service`s fee is only 0.2%. To date, the ecosystem bit.team has earned as a full-fledged exchange and P2P exchanger. And if necessary, you can visit even the market place, the only one in Russia.

Oracles – Blockchain Internet - image

Oracles – Blockchain Internet

The blockchain can only read the information that exists on it. He cannot access information outside of himself or metadata ...

Real life use cases of crypto - image

Real life use cases of crypto

[vc_row][vc_column][vc_paragraph text="A study published recently shows how people use cryptocurrencies in real life and what they spend them on."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="Who ...