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Investors’ options for bitcoin exchanges are rapidly expanding as the blockchain sector grows. While you might utilize a stock trading platform like Robinhood to trade your bitcoins, these exchanges severely limit what you can do with them. Instead, use a dedicated crypto exchange, which will allow you to send bitcoin between wallets, earn interest on your holdings, and even use your cryptocurrency as collateral if necessary.
Gemini has a variety of distinct characteristics when compared to other bitcoin brokers. Some of the most crucial features to look for in a cryptocurrency exchange are security, coin offers, and user experience. Make sure the exchange you chose supports the cryptocurrencies you want to invest in; otherwise, you’ll have to open a different account for altcoins later.
While Gemini isn’t the cheapest exchange in terms of fees, the services it offers make it worthwhile to use as your primary Bitcoin account. You’ll have plenty of investment possibilities with over 50 cryptocurrencies to choose from. Users may also earn income on their cryptocurrencies directly through the app, and there are no minimum lock-up periods. Unlike other exchanges, Gemini provides its members with a bitcoin Mastercard, allowing them to add to their cryptocurrency holdings in a passive manner.
