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Question: How do you mainly transact in Bitcoin?
Coinbase
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Author Topic: Who here has opened a Gemini account? POLL ADDED  (Read 1415 times)
DieJohnny
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October 29, 2015, 04:15:30 PM
 #21

have gemini and coinbase, but like gemini better for some reason

Those who hold and those who are without property have ever formed distinct interests in society
KeyJockey
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November 02, 2015, 03:54:03 PM
 #22

have gemini and coinbase, but like gemini better for some reason

Probably 'cuz coinbase charging 1% buying fee and Gemini appears to be only 0.25% fee.

On a $1000 worth of bitcoin purchase, that translates to $2.50 out of pocket versus $10 bucks, savings of $7.50 isn't bad: especially considering Gem's website user interface is much cooler  Cool

Of course this is coinbase's "retail" fee... not sure what they charge on their "EXCHANGE" since that's not available to me in Michigan yet (Gemini IS already open for business in Michigan).

Anyway, IMHO having *multiple* buying source options is the main important point, mostly so that HOPEFULLY that nonsense that *certain* companies (cough*coinbase*cough) have reportedly been able to pull against some customers, i.e. closing accounts for allegedly sending or receiving bitcoin to "bad" addresses etc, will have to stop IF people can just say, "Screw you I'll buy my coins elsewhere where I'm not treated like a criminal for ordinary legal transactions..."

More choices = always better. 

Let competition flourish and FEES come DOWN!  Grin

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Guido
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November 02, 2015, 04:55:20 PM
 #23

voted
not gemini

once you have submitted all documents and trust a btc exchange, there are a few to trust
then not worth resubmitting all stuff to new exchange imo

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