● TOP EXCHANGE · 2026 CEX PROOF OF RESERVES NYDFS BITLICENSE NYDFS TRUST CHARTER DESK RESEARCH
Gemini review
US-licensed exchange with the strongest regulatory posture
The verdict
8.2 / 10 · BUY
Gemini, founded by the Winklevoss twins in 2014, holds the broadest US licensing footprint of any crypto exchange — NYDFS BitLicense + trust charter + SOC 2 + ISO 27001. Smaller order book and higher fees than Coinbase or Kraken, but the strongest regulatory story for US institutions and high-net-worth users.
◆ BUY IT IF
- Strongest US regulatory posture among crypto exchanges
- $1B custody insurance via Aon
- SOC 2 + ISO 27001 certified
- Active US-state-by-state MTL coverage
◇ SKIP IT IF
- Higher fees than Coinbase Pro / Kraken
- Smaller order book — slippage on large orders
- Coin selection limited (70 vs Coinbase 250+)
- Gemini Earn programme failed in 2022; trust hit
§ 01 SCORE BREAKDOWN
Seven axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
NYDFS BitLicense + Limited Purpose Trust Charter. FinCEN MSB. State MTL coverage. FCA registered (UK). MAS DPT
Trading fees
Maker 0.2% · Taker 0.4%
Coin selection
70 coins supported
Liquidity
CEX — order-book depth
User experience
Security
Publishes Proof of Reserves
Support
§ 02 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- NYDFS BitLicense + Limited Purpose Trust Charter. FinCEN MSB. State MTL coverage. FCA registered (UK). MAS DPT (Singapore). Holds a MiCA CASP (Malta, MFSA) but closed all EU/EEA and UK retail accounts as of 6 April 2026 — not available to EU customers.
- KYC required
- Yes
- Proof of Reserves
- Yes
- Founded
- 2014
- Type
- CEX
Fees
- Maker fee
- 0.2%
- Taker fee
- 0.4%
- Withdrawal fee
- Free for ACH; on-chain withdrawal fees vary by asset
Trading
- Spot trading
- Yes
- Futures trading
- No
- Margin trading
- No
- Copy trading
- No
- Supported coins
- 70
Other features
- Earn / staking
- Yes
- Debit card
- No
- Fiat on-ramp
- No
§ 03 FAQ
Frequently Asked Questions
Is Gemini safe to use? +
Gemini NYDFS BitLicense + Limited Purpose Trust Charter. FinCEN MSB. State MTL coverage. FCA registered (UK). MAS DPT (Singapore). Holds a MiCA CASP (Malta, MFSA) but closed all EU/EEA and UK retail accounts as of 6 April 2026 — not available to EU customers.. The platform publishes proof of reserves.
What are Gemini's trading fees? +
Gemini charges 0.2% maker fee and 0.4% taker fee. Mobile-retail spread (~1.49%) is significantly higher than ActiveTrader; advanced users should switch to ActiveTrader.
How many coins does Gemini support? +
Gemini supports 70 coins and tokens. Spot trading is available.
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