Cryptocurrency Platforms Thread

financialavocado

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After Binance.com got banned, I switched over to Gemini because of these reasons. As a buy-and-hold crypto investor, Gemini works well as I don't need to use mobile app frequently.

Pros
  • Easy deposit: fund account with FAST transfer (first time may take 48h, otherwise it’s within 30 min for me)
  • Easy withdrawal: done similarly using FAST transfer
  • Buy with SGD: directly trade BTC and ETH using SGD
  • Low trading fee: 0.35% (must use ActiveTrader mode on desktop)
  • Gemini Earn: can earn some interest if you hold in their account (not very high though)
  • Free first 10 crypto withdrawals per calendar month: a huge plus to transfer to my cold wallet or another place for interest
  • Properly regulated: regulated by the New York State Department of Financial Services, the Singapore affiliate operates under the supervision of MAS and has applied for a Major Payment Institution License
Cons
  • ActiveTrader only on desktop, if you use Gemini mobile app to trade, it is 1.49% trading fee which is way too ex
  • To buy other crypto besides BTC and ETH, you buy either of them first then look up the respective crypto pairs (e.g. LTC-BTC)
 

dappermen

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Can just directly transf sgd to buy bitcoin or eth?? Without using any other platform??

ie gd!
 
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