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Top U.S.-based cryptocurrency exchange Gemini has announced integration with Samsung Blockchain Wallet to allow easy accessibility to its trading app by the users of the wallet.
In the wake of increased cryptocurrency activities around the world, renowned cryptocurrency exchange Gemini has announced it is partnering with Samsung Blockchain Wallet to integrate the Gemini trading platform with the wallet. As a result, it has become the first cryptocurrency exchange in the United States to achieve this feat. This laudable partnership will enable Samsung Blockchain Wallet users to access Gemini’s trading app to buy, sell, and trade crypto.
Highlighting Gemini Exchange’s Feat
Gemini Trust Company is a cryptocurrency exchange that is regulated under the New York State Department of Financial Services. The exchange was founded in 2014 by Tyler and Cameron Winklevoss. In highlighting the exchanges’ trailblazing feats since inception, Gemini became the first licensed cryptocurrency exchange to trade ethereum in June 2016. The exchange got a great nod to become the first licensed ZCash exchange in the world. It also stood out as the first exchange to launch bitcoin futures contract back in December 2017 and the company has been diligent in expanding the available currency pairs on their platform till date
Samsung Blockchain Wallet
Samsung is a highly technologically focused company that is one of the early adopters of blockchain initiatives. The company has a significant number of blockchain-based projects with its Blockchain Wallet being one of the most innovative. The wallet is a non-custodial cryptocurrency wallet service that securely allows you to sign in and authorize transactions using your secure private key which is saved in a secure area on your Samsung Galaxy device. With the wallet enablement, you can send cryptocurrency to others and enjoy recommended DApps. The wallet currently supports Bitcoin (BTC), Ethereum (ETH), Tron (TRX), ERC tokens, and TRC tokens with a promise to integrate more altcoins in the future.
Implications of the Integration with Samsung Blockchain Wallet for Gemini
This new integration is an important milestone for the cryptocurrency industry.
Renowned for significant landmarks Tyler Winklevoss, co-founder, and CEO of Gemini stated in a press release:
“This integration will help bring crypto to the fingertips of Samsung Blockchain Wallet users in the United States and Canada.”
Tyler also added:
“Crypto is not just a technology, it is a movement. We are proud to be working with Samsung Blockchain to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world”
As traders and investors in the crypto sphere in these regions await a good user interface with this integration drive, the integration partnership between these two tech giants will serve as a reference point for similar integrations of this nature among other firms in the future.