Despite this advantage, compliance giant Gemini has considerably lower trading volumes than its competitors. For instance, Coinbase, which is also licensed to operate in New York, has way higher trading volumes compared to Gemini.
Crypto exchange Kraken, which has locked out New York residents due to the high cost of maintaining regulatory compliance in the state, also has higher trading volumes than Winklevoss founded crypto exchange Gemini. This is because Kraken has had a history of conflict with the US authorities. Despite this, it is doing fairly better than compliance giant Gemini.
Visit MyCryptoParadise for more News and Info
Forum rules
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
-
MarkRoberts
- Bronze Bitcoiner
- Posts: 483
- Joined: Wed Jan 13, 2021 10:19 am
Who is online
Users browsing this forum: No registered users and 3 guests