Gemini and Binance are both digital currency exchanges that offer a variety of services to their users. Both platforms allow users to buy, sell, and trade digital currencies, as well as provide a wallet service to store them.
However, there are some key differences between the two exchanges.
Gemini is a US-based exchange that was founded in 2015 by brothers Tyler and Cameron Winklevoss. It is one of the most regulated exchanges in the industry and offers a great deal of transparency to its users.
Gemini only offers trading in a handful of major digital currencies, including Bitcoin, Ethereum, Litecoin, and Zcash.
Binance is a Malta-based exchange that was founded in 2017 by Changpeng Zhao. It has quickly become one of the largest and most popular exchanges in the world due to its low fees, wide selection of digital currencies, and innovative features.
Binance offers trading in over 100 different digital currencies, including all of the major ones such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
So, which exchange is better? That depends on what you’re looking for. If you’re looking for a highly regulated platform with a great deal of transparency, Gemini is a good choice.
However, if you’re looking for an exchange with low fees and a wide selection of digital currencies to trade, Binance is the better option.