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Best for: Advanced and active crypto trading; crypto-to-crypto trading.
Why we picked it: Gemini offers products for all levels of crypto trading, but its ActiveTrader product is especially suited for advanced crypto traders. The platform provides access to crypto derivatives, boasts an execution speed of microseconds and offers a selection of some of the most popular crypto-to-crypto trading pairs, even if it the selection isn't as expansive as some other platforms.
Good to know: Gemini previously offered a staking and rewards program called Gemini Earn, but in November 2022, froze customer assets amid the fallout from the collapse of crypto exchange FTX. However, by June 2024, Gemini announced that it had returned 100% of the assets that it owed back to customers.
Gemini's app reviews: Positive reviews of Gemini mention the simplicity of the app and how easy it is to use, and many users noted the wide selection of quality crypto assets. We found this to be a noteworthy distinction: Gemini does not offer the most cryptocurrencies, but for users who aren't interested in getting access to the latest meme coin, that may not matter.
However, the app did get low marks for its high fees, and many users complained about problems withdrawing funds and verifying their account through Gemini's 2FA process. In our testing, weren't able to recreate any of these access or withdrawal issues; however, we did find that for anyone remotely new to cryptocurrency, the withdrawal and verification processes could be confusing and frustrating. We should also note reviews have skewed negatively over the course of the last 12 months, and that while some users praised Gemini's customer service, there's been an increase in the number of negative reviews that mention poor customer service in the last year.
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