The US crypto exchange Gemini of the Winklevoss twins now supports the Euro in the form of deposits and for trading. This decision is part of the international development of the exchange.
The dollar is not the only currency supported by the US Gemini exchange. The company is now also announcing support for the euro. In short, it is now possible to buy crypto-currencies appearing on its platform.
"You can buy all the cryptos available in EUR on the mobile application and on the web using a debit card or with a deposit in EUR at your bank by SWIFT transfer or SEPA transfer," Gemini specifies.
The Pound and the Euro complete dollar trading
This is not the only announcement of the exchange, however. In addition, Gemini is launching on ActiveTrader the possibility of placing orders for new trading pairs: BTC / EUR, ETH / EUR, BTC / GBP and ETH / GBP.
Thanks to the support of the euro, an investor can therefore acquire Bitcoin and Ethereum directly with this currency. This is also the case for payments in British pounds sterling.
"The international expansion and support of the EUR is another exciting step in our mission to empower people around the world through crypto," said the founders, the Winklevoss twins.
Internationalization in the face of competition from large exchanges
As part of this, the New York-based crypto exchange already supports Australian, Canadian, Hong Kong and US dollars. At the end of September, Gemini also landed in the United Kingdom. Gemini has benefited from a license since the end of September from the British regulator, the Financial Conduct Authority.
The exchange is owned by Cameron and Tyler Winklevoss, two famous investors and strong supporters of Bitcoin. They are also known for their lawsuits against Mark Zuckerberg, the founder of Facebook.
This "celebrity" does not allow Gemini today to compete with the big exchanges of the world market. The crypto exchange has a daily transaction volume of around $ 70 billion. This places him at the 21e ranks of the most popular exchanges according to CoinMarketCap.