What Is Gemini.com? (GUSD) Complete Guide Review About Gemini.com

What Is Gemini.com?

The Gemini.com Trust Company is a digital currency exchange and custodian that allows you to buy, sell and store digital assets, founded in February of 2014. The GUSD is created by the cryptocurrency exchange. The company received approval from the New York Department of Financial Services or NYDFS to launch the stable coin in September of 2018. It is regarded as one of the first stable coin, much like post The Gemini Trust Company holds USD deposits that correspond to the number of tokens that are in circulation.

When it comes to the Gemini Dollar itself, it is token that is built on the Ethereum network and has smart contracts that are audited by the security company Trail of Bits Inc. This dollar is intended to bridge the divide between traditional finance and the crypto industry, due to the fact that this specific stablecoin is completely regulated by the NYDFS.

Gemini.com Storage Key Points

Features

Stable and Fully-Backed

Gemini.com GUSD is a 1:1 USD-backed stable coin, always convertible to exactly $1 at the company.

Regulated and Insured

They are a U.S. company regulated by the New York Department of Financial Services. GUSD reserves are eligible for FDIC insurance up to $250,000 per user.¹

Crypto Security

Gemini.com The majority of your crypto is held in the offline, air-gapped Cold Storage system. Only a small portion is held in the online Hot Wallet, which is insured.

Transparently Audited

Gemini.com No compromises: USD reserve audits are published monthly by an independent registered accounting firm, BPM LLP, and the Ethereum smart contract has been audited by Trail of Bits, a leading information security research & development firm.

Zero Fees

There are no fees to create or convert GUSD through company.

Programmable Money

Gemini.com GUSD is an Ethereum ERC-20 token, fully programmable and ready for use in smart contract development.

Fast

Enjoy transfer in seconds and settlement on the Ethereum blockchain.

Crypto is not just a technology, it’s a movement.

Gemini.com Crypto has the capacity to force a redesign of the Internet, the financial system, and money in a way that fosters and protects the rights and dignity of the individual. If they are successful, they could make as great of a contribution to personal freedom as the invention of the printing press, the personal computer, and the early, open Internet.

Crypto is not just a technology, it is a movement. But it won’t happen unless they build simple, elegant, and secure ways for individuals and institutions around the world to discover and interact with this new frontier. they founded with a “security-first” mentality and ethos of asking for permission, not forgiveness. They have worked hard to provide you with a high-integrity choice and we look forward to earning and maintaining your trust.

They are a New York trust company regulated by the New York State Department of Financial Services (NYSDFS). They are subject to capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYSDFS and the New York Banking Law. Gemini is also a fiduciary and Qualified Custodian.

Compliance and Certifications

Gemini.com is a New York trust company that undergoes regular bank exams and is subject to the cyber security regulations promulgated by the New York Department of Financial Services. they are the world’s first cryptocurrency exchange and custodian to complete a exam, and earn an ISO 27001 certification.

The Gemini Affiliate Program

Gemini.com is looking for content creators and community leaders who align with the mission and values to promote the suite of products and services. As the embark on the next phase of growth, they are excited to partner with like-minded and creative individuals to spread the word about the future of money.