Cryptocurrency exchange Gemini adds three fiat-on ramps
Winklevoss-owned cryptocurrency exchange Gemini has added support for the Hong Kong, Australian and Canadian Dollar.
The decision to add three more fiat on ramps comes after a year of global developments that has seen the exchange branch out to Asian territories following the appointment of Leonteq CEO Jeremy Ng as the Managing Director of the APAC region.
According to an announcement on Gemini’s website, trading in HKD, AUD, and CAD will be offered on the main platform but not on its Active Trader platform, although an additional release is on the roadmap.
Gemini is rapidly expanding its areas of availability under the guidelines of regulatory compliance. It expanded to Australia in late 2019 before actively developing its European branch in the United Kingdom.
Attention customers in 🇭🇰Hong Kong, 🇦🇺Australia, and 🇨🇦Canada! You can now seamlessly transfer funds to Gemini to buy and sell #crypto with your native currencies.
Welcome aboard $HKD, $AUD, and $CAD 🚀
Learn more here: https://t.co/xjQTCgqlJs pic.twitter.com/KPVx3Dtb4S
— Gemini (@Gemini) August 17, 2020
The Winklevoss twins, who famously co-created Facebook alongside Mark Zuckerberg, have made headlines over the past week after appearing on popular day trader David Portnoy’s social media channels.
The 38-year-old duo taught Portnoy the fundamental technology that underpins cryptocurrencies while helping him invest in Bitcoin and Chainlink.
Chainlink surged significantly after the investment, with it eclipsing its previous all-time high with a rally to $20.
Bitcoin, meanwhile, has also performed well recently as it attempts to break above the bitter $12,000 level of resistance.
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