Gemini exchange is a centralized cryptocurrency exchange (CEX) started in 2014 by the Winklevoss Twins, Cameron and Tyler.
Gemini allows you to buy and sell bitcoin (BTC), along with 100+ other digital assets.
Gemini is also known for offering a stablecoin called Gemini dollar (GUSD), which is pegged 1:1 to the U.S. dollar.
The U.S. dollars that back each Gemini dollar are held in U.S. FDIC-insured banks.
The exchange is based in New York, and as such, is regulated by the New York State Department of Financial Services (NYDFS).
Gemini is known for being available in all 50 U.S. states and for its focus on offering industry-leading security measures and asset insurance.
Gemini also offers services to businesses and institutional clients, including institutional custody, electronic clearing, and settlement of off-exchange crypto trades.
As of August 2022, Gemini is the 4th largest U.S.-based crypto exchange by volume, with USD $76 million in daily trading volume