There are a lot of different crypto exchanges out there, and it can be tough to decide which one is right for you. If you’re looking for an easy-to-use platform with a variety of features, Gemini and Coinbase are both great options.
However, there are some key differences between the two exchanges that you should be aware of before making your decision.
Gemini is a digital asset exchange founded by the Winklevoss twins in 2015. The exchange allows users to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Zcash. Gemini is one of the most compliant exchanges in the industry and is regulated by the New York State Department of Financial Services (NYSDFS). Coinbase is another popular digital asset exchange that was founded in 2012.
The exchange allows users to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Coinbase is also a regulated exchange and is licensed to operate in 32 US states and territories.
One key difference between Gemini and Coinbase is the range of supported cryptocurrencies. Gemini only supports 4 cryptocurrencies while Coinbase supports 9.
Another difference is that Gemini offers a more advanced trading platform with features such as auction market trading and block trading. Coinbase also has a more limited customer service offering than Gemini.
So, which exchange is better? It really depends on your needs and preferences. If you’re looking for an easy-to-use platform with a wide range of supported cryptocurrencies, Coinbase may be the better option for you.
However, if you’re looking for a more advanced trading platform and better customer service, Gemini may be the better choice.