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Winklevoss Twins Targeting Retail Investors With Launch of Gemini Mobile App


www.cryptoglobe.com 11 December 2018 16:00, UTC
Reading time: ~2 m

On Tuesday (11 December 2018),  Gemini Trust Company, the digital asset exchange and custodian founded by Cameron and Tyler Winklevoss in 2014, announced that it had launched a new mobile app (available for iOS and Android).

In a blog post published a little earlier today, Tyler Winklevoss, Co-Founder and CEO of Gemni, talked about the new mobile app, and listed its main features:

  • buying and selling any of the supported cryptocurrencies (BTC, ETH, BCH, LTC, and ZEC);

Gemini App 1.png

  • real-time market prices and portfolio value (for any selected cryptocurrency, you can get historical price data for the past 24 hours, one week, one month, three months, or one year)
  • price alerts (this lets you get a "push notification when a price moves above or below a certain price point — or moves by more than a certain percentage value")
  • recurring buy orders (this allows repeating an order "at any frequency, time, and amount of your choosing");

Gemini App 2.png

  • sending and receiving crypto; and
  • buying "The Cryptoverse" (a basket containing all of the five supported cryptocurrencies based on "weighted market cap"; currently, the percentages for BTC, ETH, BCH, LTC, and ZEC are 82.34%, 12.80%, 2.43%, 2.04%, and 0.39% respectively).
Cameron Winklevoss, the President of Gemini, told Forbes in an interview that the twins and Gemini could handle the severe drop in cryptocurrency prices since the highs achieved last December:

“For many years when we were building Gemini, price wasn’t a thing. Bitcoin was a $200 coin. Then, last year is actually an anomaly, and almost, you could argue, a distraction.”

He later added:

"While some capital might be leaving the market, the human capital is really impressive, and it’s long-term capital. People don’t make decisions to enter crypto on a month-to-month or price to price basis."

Featured Images Courtesy of Gemini

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