facebookGemini Crypto Exchange Reviews and Comparison - Seedly

Advertisement

Crypto Exchange/Gemini Crypto Exchange
Crypto Exchange/Gemini Crypto Exchange
claimed

Unclaimed

This product has not been claimed by the company yet.

Summary

Understanding the risk of Cryptocurrency Platforms in Singapore:

This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. Find out more below in the "More Details" section.

Summary of Gemini Review 2022

Gemini is a crypto currency exchange that provides both an extensive range of tradeable cryptocurrencies as well as a security-first approach to give users not only a diverse trading options but also peace of mind.

Crypto Exchange Features and Details

Key Features

  • Clean interface enables easy navigation
  • ActiveTrader charges only 0.35% trading fees regardless of buying amount
  • Transactions can be made in SGD which allows traders to avoid conversion fees

Account Opening

  • Minimum Age Requirements: 18 Years Old
  • Documents Required: Proof of Identity
  • Account Opening Fees: N/A
  • Funding Options: Wire and Bank Transfers, ACH Transfer, Apple Pay, Google Pay, Debit Card, Crypto Transfers
  • Account Minimum: S$0
  • MyInfo Application: Supported

Number of Listed Cryptocurrencies

  • 80+ including BTC, ETH, USD Coin, XRP, Solana

Purchasable with SGD

  • Supported

Number of Fiat Currencies accepted

  • 8 Fiat Currencies Supported (SGD, AUD, CAD, HKD, EUR, SGD, GBP)

Trading Fees

  • Via ActiveTrader: Up to 0.25% depending on order amount
  • Up to 1.49% or $2.99 depending on order amount

Deposit Fees

  • Crypto Currencies, ACH, Gemini dollar: Free
  • Wire Transfer: Free
  • Debit Card Transfer: 3.49% of total purchase amount

Withdrawal Fees

  • Fiat: Free
  • Cryptocurrency: Free for first 10 withdrawals per month

Account Security

  • Cold Wallet Storage
  • Biometric Authentication via TouchID or FaceID
  • PIN
  • 2FA Authentication
  • Whitelisting
  • Asset Insurance
  • Hardware Security Key
...see more

Gemini Crypto Exchange

60+

CRYPTOCURRENCIES

($1.50 to 1.49%) + Convenience Fee

TAKER FEES (FIAT)

Free

WITHDRAWAL FEES (FIAT)

3.49%

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Gemini Crypto Exchange

60+

CRYPTOCURRENCIES

($1.50 to 1.49%) + Convenience Fee

TAKER FEES (FIAT)

Free

WITHDRAWAL FEES (FIAT)

3.49%

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Reviews (22)

3.6

22 Reviews

5
8
4
7
3
2
2
0
1
5

Service Rating

User Experience

4.1

Customer Support

2.9
      Posted 11h ago

      Purchased

      Gemini Crypto Exchange

      Onboarding Experience - Most crypto-related websites required me to submit personal identification documents as part of the Know Your Customer (KYC) verification process, so I was pleasantly surprised to find out that setting up an account took mere minutes as I could opt for my personal information that was already stored in SingPass MyInfo (the national digital identity system in Singapore) to be shared with Gemini. So nice to hop on the bandwagon and start exploring! User Interface - Loving it that the prices of all major cryptocurrencies are prominently listed on Gemini's homepage. Also appreciated how the notifications bring me up to speed on the price fluctuations of the various crypto (e.g. the price of Bitcoin has dipped X% since the last time you logged in). I am the sort who believes that information is power, so it's better to face the volatile price fluctuations head on and then deal with my emotional upheavals later. Depositing of Funds - Similarly, linking my bank account to Gemini was really smooth-sailing. I tested the waters by transferring SGD $10 from my bank account via a process called FAST transfer. It appeared on my Gemini account within an hour. Crypto-Fiat Pairings Supported - It seems that I could convert my crypto assets to fiat currencies easily on the Gemini platform

      0

      What are your thoughts?

      Posted 17 Jun 2022

      Purchased

      Gemini Crypto Exchange

      This happened to me recently someone got my wallet hacked and my BTC was stolen, I contacted 2 tech but they took my money.This might had Happened To you or IF anyone or someone you know has been scammed, it is crucial to notify the proper authorities as soon as possible to help to recover lost funds and to prevent others from being victimized. Just After many trials , I Hired FASTFUNDSRECOVERY .They Investigated,Track and traced it back to the wallet where my USDT went through. I thought that was the end but fortunately for me, I got it back real quick with the help of FASTFUNDSRECOVERY, He is legit and very diligent with his work. Hire their service & Thank me later.

      0

      What are your thoughts?

      Posted 07 Jun 2022

      Purchased

      Gemini Crypto Exchange

      Best Crypto App to use in Singapore! I used it with Kucoin if Gemini doesn't have the coins I like. Has free 10 withdrawals per month so this is very useful.

      0

      What are your thoughts?

      Posted 05 Jun 2022

      Purchased

      Gemini Crypto Exchange

      It has nice easy UI. Bank transfer from SG is smooth, usually within the day. Trading fees are relatively on the high side, even with the active trader mode. It is know to be the most regulated crypto exchange, so it is relatively on the safer side.

      0

      What are your thoughts?

      Posted 14 Mar 2022

      Purchased

      Gemini Crypto Exchange

      One of the worst customer support I've ever seen. No response from the customer supports for days even after sending them multiple emails.

      0

      What are your thoughts?

      Posted 27 Jan 2022

      Purchased

      Gemini Crypto Exchange

      [Withdrawal Process] Gemini covers up to 10 withdrawals per month, making it the best exchange to use for Ethereum based tokens. I like to combine Gemini with Celsius so I can send my tokens to Celsius fro free.

      0

      What are your thoughts?

      Posted 18 Jan 2022

      Purchased

      Gemini Crypto Exchange

      Platform is fine with ok fees if using active trader. Not a bad option for an SGD on ramp. Customer service however is absolutely appalling. By far the worst customer service of any exchange I have ever used over the course of several years. In fact 2 months later I am still waiting for a response to a customer support ticket, not even a single response on FB messenger when trying to follow up on the support ticket. Use at your own risk as if anything goes wrong you could be left with no recourse whatsoever. Not worth the risk in my opinion when every other exchange I have needed to contact has come back to me within hours.

      0

      What are your thoughts?

      Posted 22 Dec 2021

      Purchased

      Gemini Crypto Exchange

      [User Interface] Great UI, easy on-ramp for SG. [Trading Fees] High fees relative to FTX, even on active trader mode Trading pairs are also limited if you are on active trader

      0

      What are your thoughts?

      Posted 13 Dec 2021

      Purchased

      Gemini Crypto Exchange

      The platform itself is OK, but I have several poor experiences with it: 1. Verification issues. If the platform requires more verification from you, they require you to take a photo of yourself, your ID and some words written on it. I have tried this service numerous times only to be returned with repeated request to take again and reupload. It is incredibly difficult to capture all 3 clearly in a single folder and they don't try to authenticate via some other way. If your account ever needs to be verified or if it ever gets compromised and you need to unfreeze it later on, expect this aspect to keep you stuck and out of your crypto assets for a while. Not ideal if you need to buy crypto at a short notice. 2. Customer service experience. I have sent multiple enquiries and tickets to the team over the past 1 month just as I was starting to use it more frequently. And yet I received no customer service replies. Additionally, they actually took an action on an account I was trying to replace with due to my previous account being compromised (Thankfully no assets were stolen). I was incredibly frustrated with their poor service to the point where as I was starting my crypto journey, I am basing my operations on other exchanges likely for the forseeable future, until I receive a favourable resolution to the problem. If you want to have any long term future in Crypto, I suggest avoiding Gemini due to their poor approach to handling customers in times of need.

      0

      What are your thoughts?

      Posted 04 Dec 2021

      Purchased

      Gemini Crypto Exchange

      Great experience using it after trying different platforms. This is definitely the best platform to trade Bitcoin and Ethereum using SGD. It has low fees (ActiveTrader) and no withdrawal fees.

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

      Understanding the risk of Cryptocurrency Platforms in Singapore:

      This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. This product was previously granted an exemption since 28 January 2020 and is pending the licence to “provide digital payment token services” from MAS.

      The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.

      Advertisement