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Author: Admin | 2025-04-28
Features and peace of mind through its security and compliance focus. This includes automatic buying, its own stablecoin, an advanced trading platform, and its own wallet service, let’s go over some of the big points.SecurityOne of Gemini’s best features is its security, so much so that it even has custody funds for large blockchain companies like staking service BlockFi. Though Gemini has been around for a very long time, it has never had a hack. This is something very few exchanges can say but is true due to their advanced and rigorous security procedures. Most funds are stored in cold storage, and all of the best practices are followed in securing the private keys. The few funds that are stored in hot wallets are fully insured, in case of the unlikely event that there is a hack. Additional peace of mind can be gained knowing Gemini is based in New York, which has the tightest crypto exchange regulations in the United States. This gives even more assurance of maximum security.There are great security features on the user end as well, such as two-factor authentication, address whitelisting, and account role management. In addition, Gemini is one of the few exchanges that has pioneered FDIC insuring USD funds in user accounts, up to $250,000.Gemini’s track record and security measures are enough to be confident with them holding your funds, but in addition, they have great customer support. Nobody wants to live the nightmare of having funds locked in an exchange and having
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