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Gemini Launches in France, Potentially Capitalizing on Growing Crypto Adoption and Enhanced Regulatory Trust
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Gemini has officially launched its cryptocurrency exchange in France, marking a pivotal moment in the nation’s rapidly growing crypto landscape.
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This expansion highlights a significant trend, with France experiencing a 2% increase in crypto users over the past two years, pointing towards a robust market potential.
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“We’ve taken the time to localize and optimize our product for French customers,” emphasized Gillian Lynch, CEO of Gemini UK and Europe.
Gemini has entered the French market, enhancing crypto accessibility with new fiat options, amid a growing user base and regulatory support.
Expanded Fiat Deposit Options for French Users
The launch of Gemini in France allows users to deposit and trade in fiat currencies such as euros (EUR) and British pounds (GBP). This creates a seamless on-ramp for both casual and experienced traders looking to engage in the cryptocurrency market.
French users can utilize various payment methods, including debit cards, bank transfers, and even Apple Pay, ensuring greater accessibility to digital assets. Advanced traders gain access to Gemini’s sophisticated trading platform, offering over 80 trading pairs, enhanced charting tools, and several API integrations for optimal trading strategies.
Moreover, institutional investors will find a comprehensive suite of services on Gemini, including access to a dedicated over-the-counter (OTC) trading desk, which facilitates the buying and selling of cryptocurrencies like Bitcoin (BTC) off-exchange. The eOTC trading system promises to execute large orders while maintaining deep liquidity, essential for significant institutional trades.
“We’re currently exploring options to expand our services, as well as payment rails to improve accessibility and choice for our French customers,” Lynch indicated, suggesting a commitment to ongoing improvement and adaptation in response to user needs.