Assets, Bitcoin

What Is Gemini Bitcoin Trade Price Index?

Gemini is a digital currency exchange founded in 2014 by brothers Cameron and Tyler Winklevoss. The Winklevosses are perhaps best known for their role in the early development of Facebook; they were early investors in the social media company and sued Mark Zuckerberg for allegedly stealing their idea.

Gemini is one of the most regulated exchanges in the digital currency space, and it is one of the few exchanges that allows US customers to trade bitcoin and ether.

The Gemini Bitcoin Trade Price Index (GBX) is a daily price index that tracks the US dollar price of bitcoin on the Gemini Exchange. The GBX is calculated using a volume-weighted average of all trades on the Gemini Exchange during a 24-hour period.

NOTE: WARNING: Gemini Bitcoin Trade Price Index is an index of the prices of Bitcoin on the Gemini Exchange. It is important to be aware that this index is not directly related to the actual market price of Bitcoin, as it only reflects prices on the Gemini Exchange. Additionally, as with all cryptocurrency markets, prices can vary significantly over time and can be highly volatile. Investing in cryptocurrency carries a high degree of risk and potential losses can be significant. Before investing, you should carefully consider your financial situation and seek professional advice if necessary.

The GBX was launched on September 25, 2015 and is currently published daily at 4:00 pm Eastern Time.

The GBX is designed to provide a fair and objective measure of the US dollar price of bitcoin on the Gemini Exchange. The index is calculated using a volume-weighted average of all trades on the Gemini Exchange during a 24-hour period.

The GBX is published daily at 4:00 pm Eastern Time.

The Gemini Bitcoin Trade Price Index is a good way to track the US dollar price of bitcoin on the Gemini Exchange.

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