As part of its mission to expand its global footprint, Gemini announced new Bitcoin and Ethereum trading pairs against the Euro.
On Wednesday, October 28, crypto exchange Gemini founded by Winklevoss twins announced support for the new EUR trading pairs and deposits. The exchange noted that all cryptocurrencies listed will be available for purchase against the Euro. Besides, the official announcement states:
“We now support the Euro (EUR) for deposits and trading on the Gemini platform! You can purchase all available cryptos with EUR on mobile app and web using a debit card or with a EUR deposit from your bank via SWIFT wire or SEPA transfer”.
Additionally, the exchange also launched ActiveTrader™ for Bitcoin and Ethereum trading pairs against the Euro (EUR) and the Pound (GBP). Since its foundation in 2014, crypto exchange Gemini has been expanding its footprint in the market. Over the last few years, the exchange has added support for different digital currencies as well as other crypto services.
Crypto is going Global. @Gemini now supports Euro ($EUR) 🇪🇺 deposits and trading as well as Great British Pound ($GBP) 🇬🇧 deposits and trading across all of our platforms, including our mobile app and website. Onward and upward! 🚀 https://t.co/3Ta4ILsKFJ
— Tyler Winklevoss (@tyler) October 28, 2020
The exchange further noted that adding the EUR support and expanding internationally is part of the exchange’s mission to empower individuals worldwide. The New York-based exchange also supports other trading pairs like Hong Kong, Canadian, Australian, and the U.S. Dollar.
Setting Up Footprint In the United Kingdom
Just a month, crypto exchange Gemini also announced its launch in the United Kingdom. It also collaborated with the BCG in order to improve the British payments system. The exchange is currently offering full-fledged services to British citizens in pound sterling (GBP). At that time, Gemini CEO Tyler Winklevoss said:
“Going live with our full services available in GBP in the UK is another exciting step forward in Gemini’s international expansion, advancing our mission to empower individuals and organizations around the world through crypto.”
Gemini founders – Cameron and Tyler Winklevoss – became popular as the Bitcoin billionaires during the 2017 bull run. In 2015, the exchange received a regulatory license from one of the toughest regulators in the U.S. – New York Department of Financial Services (NYDFS).
With all the recent market buzz around decentralized finance (DeFi), crypto exchange Gemini added support for a number of DeFi tokens recently. Last month, Gemini announced support for a total of 15 new DeFi tokens in the market. This included some of the popular ones like Uniswap (UNI) and Yearn. Finance (YFI).
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.