Skip to main content
WeTheTradersWeTheTraders

Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.

Crypto disclosure: WeTheTraders is an educational comparison site only. We do not provide exchange, custody, wallet, brokerage, money transmission, or investment advisory services. Crypto and trading involve risk. We may earn commissions from links, but commissions do not change our ratings.

Gemini Review

A US-founded exchange emphasising compliance and security, with a clean app and the lower-fee ActiveTrader interface.

Overall score
3.7
out of 5
Trustpilot1.3

1.5K reviews · checked Jul 2026

Trustpilot skews negative for large platforms that don't invite reviews.

Visit PlatformCompare

Best for

  • Compliance-focused users
  • US beginners
  • ActiveTrader users

Not best for

  • You want the absolute lowest simple-order fees
  • You need a very broad altcoin list

Our verdict & scoring

Gemini positions itself around regulatory compliance and security, offering a polished app for beginners and the lower-fee ActiveTrader interface for frequent traders. Simple-order fees can be high; ActiveTrader is far more competitive. Available in many US states and select countries. Gemini Trust Company, LLC is a New York limited-purpose trust company chartered by NYDFS; its parent, Gemini Space Station, went public on Nasdaq (ticker GEMI) in September 2025.

Scores are based on our review methodology. Affiliate relationships do not buy higher ratings.

Who should actually use Gemini

Gemini is for users who put regulatory standing first: Gemini Trust Company is a NYDFS-chartered limited-purpose trust company and qualified custodian under New York Banking Law — a stronger regulatory anchor than most exchanges — and its parent has been Nasdaq-listed (GEMI) since September 2025. The app is clean for beginners, and the ActiveTrader interface brings costs down for frequent traders. Users chasing the lowest simple-order fees or a huge altcoin list should look elsewhere.

What we'd change

Simple orders are expensive — a convenience fee plus spread — so anything beyond occasional buys belongs on ActiveTrader. The coin selection is smaller than the mega-exchanges and availability varies by state and country. Withdrawal fees apply beyond the free allowance, and as always in crypto, there's no SIPC/FSCS coverage.

How it compares to Kraken

Both are security-first exchanges with cheaper pro interfaces (ActiveTrader vs Kraken Pro) behind beginner-friendly apps. Gemini's edge is its NYDFS trust charter and Nasdaq-listed parent — regulatory credentials few rivals match; Kraken's is deeper liquidity, a wider coin selection and regional futures. Compliance-first US users lean Gemini; active traders wanting breadth lean Kraken.

Compare Gemini vs Kraken side by side.

Pros

  • Compliance and security focus
  • Clean, beginner-friendly app
  • ActiveTrader lowers costs

Cons

  • High simple-order fees
  • Smaller coin selection
  • Regional availability limits

Fees & hidden costs explained

Higher fees on simple orders; lower maker/taker on ActiveTrader; convenience fee/spread may apply.

Safety, regulation & availability

US: Gemini Trust Company, LLC is a NYDFS-chartered limited-purpose trust company and qualified custodian under New York Banking Law. Parent Gemini Space Station is Nasdaq-listed (GEMI) since September 2025. UK: subject to FCA financial-promotion rules for cryptoassets. Availability varies by state/country.

Account protection: Crypto is not SIPC/FSCS-covered. Gemini publishes its own custody and insurance details — verify current terms.

Available to retail traders in:

United StatesUnited KingdomEuropean Union

Frequently asked questions

Is Gemini regulated?

Yes — Gemini Trust Company, LLC is a limited-purpose trust company chartered by the New York Department of Financial Services (NYDFS) and a qualified custodian under New York Banking Law. Its parent, Gemini Space Station, is Nasdaq-listed (GEMI) since September 2025.

Is my crypto insured on Gemini?

Crypto is not covered by SIPC or FSCS anywhere. Gemini publishes its own custody and insurance details — review and verify current terms.

How do I lower my Gemini fees?

Use the ActiveTrader interface, which has far more competitive maker/taker pricing than the simple-order flow's convenience fee plus spread.

Is Gemini available in my region?

Gemini serves many US states and select countries including the UK (where crypto promotions follow FCA rules). Availability varies — check before funding.

Does Gemini offer staking?

Yes — staking is offered on supported assets alongside crypto and stablecoins, subject to regional availability.

Official sources

Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.

Leverage, volatility, fees, spreads, liquidity and platform rules can increase losses.

Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.