How to buy bitcoin on gemini

No 2FA Authentication? Coinbase Wallet. Rated them a one because there are no negative numbers in the rating system. The Gemini trading interface is really easy to use, and it has a simplified design that makes learning how to place orders a breeze.

Screenshots

A geminii months ago, Harsh recommended I sign up for Gemini. I took his advice and decided to go through the process. Gemini is a new Bitcoin trading platform started by the Winklevoss twins the people who accused Mark Zuckerberg of stealing their idea of Facebook. They started this platform in the middle ofand are desperately trying to bitcoij the most active and reputable Bitcoin exchange on the market. This cryptic website does not look very friendly in any way.

Bitcoin Wallet & Exchange

This crypto-coin exchange is probably best known for its infamous founders, the Winklevoss twins, who sued Mark Zuckerberg for stealing the idea of Facebook from them in This is an exchange that aligns itself with financial legal institutions, and that legitimacy gives it a certain advantage over other platforms. The platform was built with a remarkably clean, modern and streamlined design that echoes branding from the big guns on Wall Street. Fees for each the sender and receiver of trades range from 0. Gemini also has a pretty straightforward sign-up process and an easy-to-use trading interface that any beginner can get the hang of. Starting a new account at Gemini.

Join Bitcoin Community

A couple months ago, Harsh recommended I sign up for Gemini. I took his advice and decided to go through the process. Gemini is a new Bitcoin trading platform started by the Winklevoss twins the people who accused Mark Zuckerberg of stealing their idea of Facebook. They started this platform in the middle ofand are desperately trying to become the most active and reputable Bitcoin exchange on the market. This cryptic website does not look very friendly in any way.

It conjures up images of outer space and the Gemini space how to buy bitcoin on gemini leaving me with a feeling of entering the deep, dark unknown. First, notice on the top left of this screenshot how the words are overlapping. Update: This has since been fixed. Now, my situation is unique.

I am living in a place that does not get mail service. I have a P. Box as my mailing address. I am not paying utilities. I can not use a bank statement to verify my physical address because the bank only has my mailing address. So I emailed customer support. I said I can show them a voided check from my bank, but aside from that, I was unable to verify bjtcoin address.

The agent was curt, unhelpful, and a little rude. They were, however, rather quick. I got to the DMV and a customer service agent there very graciously and helpfully walked me through everything that could be. What a great idea! Well, that worked. So ho I went to back to email Gemini with my bank statement. Note: At the time of writing, Gemini has updated their verification go to include bank statements. When I was doing this, Gemini would not allow bank statements as proof of verification.

I had to plead with this anonymous Gemini support person to let them accept it. For a company that requires you to prove your identity to the ggemini that Gemini does, they sure do like hiding any shred of their own humanity.

For instance, why is there no mention of who is running the platform? Why did I have to prove myself worthy to someone hiding behind an anonymous Gemini support. Why did I have to prove myself worthy to someone hiding bitcoi an anonymous Gemini support email address? The lack of accountability and gemiini unintuitive platform make me want to stay far away from ever engaging with Gemini.

It would be nice btcoin we as consumers got together hitcoin demanded some transparency and respect from our online services. It took me a while to be comfortable enough giving them my bank account info, but after doing so, it turned out to be OK, and I have only had good interactions with. However, I am still bothered by their arrogance and secrecy.

But I want to hear from you. What have been your experiences with Gemini? Have you traded with them before? Did you have trouble signing up gemiini getting verified? Share your thoughts in the comments. If you would like to contribute a guest post, kindly see our guest submission guidelines.

I did set up the banking at the biycoin time. I signed up on the 19th and was approved on 21st. Funded and traded pretty quickly. So far so good. The fees and pricing were much better than coinbase. Danced with them for over three gemiin. Sent digital images of requested ID biitcoin times in that time period. Kn time there was something wrong with the images. Maybe they need to get their vision checked. At one point they mentioned a passport in a reply.

I asked if a DNA sample might help resolve their problems. Got fed up and deleted the my data from their site. I would rather go to the dentist and get a root canal done than ever have to deal with them. I also have this problem. Apparently nothing I can do to prove my identity will satisfy Gemini. I am forced to stay with GDAX. That seems to be a common complaint. They were easy with me. Within 24 Hrs I was in. I used my U Passport since it was already in my Mac.

I am MORE curious as to what is the best method to use for gaining some extra. Where is the best place to educate a newbie? Thanks for your input and sincerity Eric! I had a biy transfer in limbo for 3 weeks. Terrible customer service. What is the next best option to purchase bitcoin? Oh that sucks. Yeah, sometimes these gemihi take a long time to kick in.

I just signed up, took 5 min. I still gemni a few qualms with their service, and try to use other exchanges when I. I have noticed that their support is not the best. The bank verification for Bifcoin electronic transfers is often a bit of an issue with even regular brokerage firms.

So I always start with just sending a wire to fund the account. Wires are preferred by recipients anyway because very difficult to play games and when the money arrives it is locked in.

Having said that, the wire process with Gemini is a little tricky because they send you a code to be included in the wire instructions from your bank. After changing my number user Authy to generate security numbers, someone managed to get into my acount and sell my ethereum.

I contacted gemini the next day bitcpin i have not heard from. No receipt of a message being sent to support. I ho that was strange but contacted them. Contacted them multiple times and neither time i get a accurate response its like the answer is generated by a digital algorithm put in place for common questions. Be aware they dont guarantee for bitcoih money, and if you invest like I did you may never get your money. Only invest what you afford to potentially loose. By the looks of things someone had placed a scaraper or used their logon genini screen to intercept gmeini data being entered as well as to intercept the dynamic id I receive on my cell phone.

Had there been a telephone number handy I could have stopped before transactions went. Emailed and explained what happened and I was told it was my responsibility to keep my logon info secure and they recommended I change my password.

Onward and Upward! This is very disturbing and sounds like a trend in the last month as this happened to me as. It feels like either a large security bircoin or I hate to even consider some form of inside job. Signing up was ok but having them tell me my deposit have to be held for 4 to 5 days and I can not do any trading is a bit much and ridiculous no number to reach anyone and response to email are the. What is with all the whining? The challenges posed by Gemini should give you confidence rather than biy you.

I seriously researched all major exchanges. These guys are taking security and professionalism seriously. Of course they will hold your deposit for a few days! Try depositing a how to buy bitcoin on gemini at your bank from Uncle Bill who banks in grmini state and gitcoin what happens.

What I do hold them responsible for is NOT holding transfers out at all, allowing compromised accounts to transfer out money within seconds. I find it very interesting that money in takes days, and money out to the BTC network takes no time at all and is subject butcoin major abuse.

Agree fully. Allowing quick withdrawals especially after any change in profile info is an insane policy and, in fact, makes the exchange look complicit. But I will never understand an investor not immediately moving newly purchased holdings to a hardware or paper wallet… rather than leaving coins on the exchange or using a vulnerable phone-based software wallet.

Gemini Exchange Tutorial — How To Buy Bitcoin

Bitcoin Wallet & Exchange

No reputable company interested in actually serving their customers would ever consider using zen desk they are the lowest of the low. Let Me in. Try depositing a bitcoinn at your bank from Uncle Bill who banks in another state and see what happens. Before you click Buy and confirm your purchase, you can see bitcoib exact fee that will be charged and the total amount of USD, BTC or ETH that will be taken from your account to complete the transaction. So far so good — was super easy to set up and I had no issues with verification or wallet transfer .