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Gemini Rolls Out Mobile App, Winklevoss Brothers Remain Undaunted by Market Woes

Tue, 12/11/2018 - 16:04
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Alex Dovbnya
Gemini plays hardball amidst the crypto rout by introducing its long-awaited mobile app. Cameron Winklevoss explains why it took them so long to launch one
Gemini Rolls Out Mobile App, Winklevoss Brothers Remain Undaunted by Market Woes
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Gemini, one of the leading fiat-to-crypto exchanges in the US, has launched its much-awaited mobile application, Fortune reports. The new app is currently available in both the App Store and Play Market.  

What’s inside the app?

During the interview, Cameron Winklevoss revealed that it took them several years to come up with this app. One of the famous twins claims that they put quality over first-mover advantage, which essentially explains the long overdue release. Moreover, they have adopted an organic approach to retail investors, mainly focusing on institutional money.     

Indeed, the app has a top-notch design coupled with robust security. Speaking of the latter, Gemini ensures investor safety with the help of 2FA and an extra PIN number. Users are now able to complete their KYC by simply using the camera of their device.     

The FSA Is Going to Regulate Wallet Providers

When it comes to its trading features, the new app has useful tools. For instance, the ‘Buy the Cryptoverse’ option allows instantaneously purchasing all Gemini-listed coins.

Crypto, not the bling

While everyone and their uncle have heard about the recent market crash with the mainstream media amplifying the FUD, the Winklevoss brothers are not deterred by an 80 percent drop in cryptocurrency prices. They are certain that Blockchain is the future of the global financial system that is bound to be less centralized.

Winklevoss claims that the Bitcoin price wasn’t a major factor during the buildout of the Gemini exchange when BTC was hovering around $200. At that time, they were better known as Olympic rowers rather than Bitcoin bulls. Ironically, their Bitcoin-related interview was published in the New York Times the day Bitcoin dipped by 60 percent, so the Winklevii are no strangers to market crashes.

Now, Cameron Winklevoss predicts that 2019 will be the year of innovations for the cryptocurrency industry, which will be a catalyst for its growth.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at