Gemini Exchange
Gemini
Data verified on unchanged since the sources
Worth it if you put safety before price: a NYDFS BitLicense, SOC 2 certification, monthly Deloitte-verified Proof of Reserves and no hack ever suffered.
Avoid it if you trade often, or you consider the Earn affair decisive — closed in 2024 with a $900M settlement: fees start at 0.60% maker and 1.20% taker.
Gemini is a security-first exchange holding the NYDFS BitLicense, SOC 2 certification, monthly Deloitte-verified Proof of Reserves and a clean no-hack record. It is weighed down by the 2024 wind-down of its Earn program with a $900M settlement, and its operations are concentrated mainly in the USA and UK.
Data & conditions
| Maker / Taker fee | 0.6% / 1.2% |
|---|---|
| Markets | Spot |
| Max leverage | 1× |
| Supported assets | 80+ |
| Trading pairs | 150+ |
| 24h volume (as of Jun 15) | $27.79M |
| Fiat on-ramp | Yes |
| Deposit methods | ACH, wire transfer, debit card, PayPal |
| Geo restrictions | AF, IR, KP, SD, SY |
| Staking / Earn | Gemini Staking |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US, UK, APAC · 15+ countries |
| Stocks | Tokenised — a claim on the issuer, not the security |
| Token issuer | dShares emessi da Dinari, Inc — offerti nel UE da Gemini Intergalactic EU Artemis Ltd (MFSA, MiFID II, C110965) |
| ETF | Yes |
| Stock and ETF commission | no trading commission, but a spread is built into the price (Dinari terms) |
| Regulator | FinCEN / OCC / SEC |
| Segment | B2C |
| MiCA / License status | NY Trust Charter (NYDFS) NYDFS (NY); FCA (UK); PoR mensile Deloitte |
Strengths
- Security-first: NYDFS BitLicense + SOC 2; PoR monthly Deloitte; zero hack.
- No notable sovereignty advantage documented.
Weaknesses
- Settle $900M Earn 2024; markets limited.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (NYDFS (NY); FCA (UK); PoR mensile Deloitte): reporting to authorities and freezes on order.
- Geographic restrictions (AF, IR, KP, SD, SY).
Verdict
The S tier rests on documented security: a NYDFS BitLicense, SOC 2 certification, monthly Deloitte-verified Proof of Reserves and a clean no-hack record. Weighing against it are the 2024 wind-down of the Earn program with a $900M settlement and non-cheap fees — ActiveTrader starts at maker 0.60% / taker 1.20% and the simple mobile app reaches a convenience fee of up to ~1.49% — plus coverage concentrated in the USA and UK: maximum safety, but at a high cost and with narrow geographic reach.
The Deloitte Proof of Reserves and SOC 2 reassure on protection but move nothing here: it remains custodial with full KYC and a privacy score of 3. The Earn affair, where user funds were locked until a settlement, is the practical demonstration of custodial-model risk and of why sovereignty demands self-custody.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Gemini Exchange, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
App Store ↗
4.8/5
109,631 reviews
Official Gemini app (iOS US, id 1408914447, 'Gemini Markets & Credit Card') used for the exchange; exact rating and count from the itunes.apple.com lookup.
Weighted average across 1 public review platform (109,631 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
What are Gemini Exchange's fees?
On the ActiveTrader platform, spot fees start at maker 0.60% / taker 1.20% and drop with monthly volume and VIP tier. The simple mobile/web interface instead charges a higher convenience fee (up to ~1.49% of the amount, plus spread).
Is Gemini Exchange regulated in Europe?
Regulatory status of Gemini Exchange: NYDFS (NY); FCA (UK); monthly Deloitte-verified Proof of Reserves. Licence: NY Trust Charter (NYDFS) (US).
Does Gemini Exchange publish Proof of Reserves?
Gemini Exchange publishes Proof of Reserves (verified by Deloitte). No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Gemini Exchange?
No, Gemini Exchange is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Gemini Exchange support derivatives and futures?
Gemini Exchange does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · Bug bounty · +5 Data verified on Aug 12, 2026
- coingecko.com 24h volume · Volume data · Third-party audit Data verified on Jun 15, 2026
- cryptowinrate.com Deposit methods Data verified on Jun 15, 2026
- datawallet.com Geo restrictions · Geographic availability Data verified on Jun 15, 2026
Show 8 more sources
- en.wikipedia.org Company type Data verified on Jun 15, 2026
- investors.gemini.com Stock ticker · Stock listing · Legal name · Corporate site Data verified on Jun 15, 2026
- iposcoop.com IPO date · Latest funding round Data verified on Jun 15, 2026
- prnewswire.com Valuation · Investors Data verified on Jun 15, 2026
- builtinnyc.com Founders Data verified on Jun 13, 2026
- finder.com Trustpilot reviews · Max leverage Data verified on Jun 13, 2026
- nutsaboutmoney.com Staking & Earn Data verified on Jun 13, 2026
- webopedia.com Past incidents · Trading pairs · Proof-of-Reserves Data verified on Jun 13, 2026
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€20 in Bitcoin via referral (euro area)
In Italy (among the eligible EU/EEA countries in the official terms) the US-advertised “$50-75” does NOT apply: the euro-area reward is €20 in BTC, for both referrer and referee, with a minimum €100 trade within 30 days of account verification. A referral link is required, not a universal code. At €500 of activity the real net is €20 (credited in BTC, then withdrawable).