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Author Topic: Samsung partnered with Gemini  (Read 222 times)
Bitcoinislife09 (OP)
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May 29, 2020, 06:01:01 PM
 #1

A cryptocurrency exchange Gemini partnered with the giant tech company Samsung. Allowing the galaxy users to trade cryptocurrency via Gemini exchange. Gemini said that it would be allowed 4 million users in the U.S to buy and sell cryptocurrency. Gemini CEO said that they are proud to work with Samsung using the Samsung blockchain wallet that is available in selected smartphones like S10 and also S20 series.


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May 29, 2020, 06:38:48 PM
 #2


Congrats to Gemini. It's one way to make the exchange well known to potential crypto users since Samsung phones are known to have built-in wallets especially the S20.
Of all exchanges though why not Polo because after Samsung already started adopting TRON of Sun and he owns Polo as well?   Seem a waste partnership for TRON and Samsung that it should have been Polo's place.

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May 29, 2020, 09:26:50 PM
 #3

Samsung was known to be integrating their phones into cryptocurrency and making their own wallets. We expect that there will be more of these partnerships coming from this large company. This is what crypto needs.

Huge and real companies having ties with huge crypto companies too. This will strengthen the belief and trust of people that don't like the idea of crypto. They are looking now into a real partnership and how crypto is a serious thing.

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May 29, 2020, 09:38:40 PM
 #4

This news has really made me happy as being the largest smart phone company in the world Samsung will now provide both the crypto wallet and the trading platform in the palms of each and every samsung user which definitely is a great sign and i am sure other big companies will follow it as well.

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May 29, 2020, 09:51:12 PM
 #5

This is a great news and happy to see a big tech company showing so much interest in the blockchain community. Last news I read was them adding a crypto app on their blockchain wallet(can't remember the news well). I hope more big tech companies follows in this step which will be good spread of blockchain awareness to the world.
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May 29, 2020, 10:47:24 PM
 #6

So, it can be said that Gemini is the 1st U.S. exchange that integrates with the great Samsung Blockchain Wallet, right? It is a very good step forward done by Gemini. Moreover, this exchange is listed on CMC rank 58, by this way, it can probably help Gemini to step forward to the higher rank. However, it only limits on the S10 & S20 series.

The integration of the applications allows the user to:
1. Buy crypto, sell, and also trade them easily on the app.
2. Store the crypto directly and self-custody on the Samsung Galaxy Phone,
3. Transfer the crypto into cold storage.

I read an article that said:
Quote
Samsung Blockchain users in the U.S. and Canada can now connect to Gemini’s mobile app to buy, sell, and trade crypto after the companies built an integration between the two applications.
Does it mean that only users from the U.S and Canada who can use this? What's about users from other countries? Does it mean we cannot use it?

Source:
https://www.coindesk.com/gemini-first-us-exchange-to-integrate-with-samsungs-blockchain-wallet

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May 29, 2020, 11:03:04 PM
 #7

Samsung have been integrating a lot of altcoins in their wallet since they launch their mobile based blockchain wallet. And I think they made a bold move here by partnering with Gemini which is one of the well known exchanges in the market right now.

However, one drawback that I see here is the price, but for those people who can afford their latest model that supports this, then I guess there's no problem. For for average joe like me, it's quite expensive and I would rather use that money to bring more capital to more trading funds, just saying.

@Rengga Jati - Perhaps US and Canada are the first target here and probably it will be roll out to Asia as well in the next iteration.
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May 29, 2020, 11:11:55 PM
 #8

The problem here is that it is only available for S10 and S20 users. Samsung should roll out their cryptocurrency wallet in mid range models. This will encourage users to venture into crypto world. There are more mid range user of Samsung mobile. I just waiting when will the Chinese mobile companies like OnePlus and others also follow Samsung's footstep. They are known to quickly copy and release their models at a cheaper price.

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May 29, 2020, 11:21:04 PM
 #9

This is a great partnership and im using s20 right now, it looks like my phone will be integrated with the gemini exchange site.

That will bring massive adoption to the gemini exchange consider there are so many people use the same handheld like me too. i can't be patient to use this service.

Thank you so much for this news.

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May 30, 2020, 01:53:39 AM
 #10

A cryptocurrency exchange Gemini partnered with the giant tech company Samsung. Allowing the galaxy users to trade cryptocurrency via Gemini exchange. Gemini said that it would be allowed 4 million users in the U.S to buy and sell cryptocurrency. Gemini CEO said that they are proud to work with Samsung using the Samsung blockchain wallet that is available in selected smartphones like S10 and also S20 series.

Link
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Link
Partnering with Samsung is not a big thing now, previously there were also several projects that partnered with Samsung but it wasn't very influential.

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May 30, 2020, 03:51:39 AM
 #11

Partnering with Samsung is not a big thing now, previously there were also several projects that partnered with Samsung but it wasn't very influential.
How can you say bot influential, of course people are buying hype too. Remember when enjin coin has partnership with samsung? They fly high and even the recent collaboration with theta. Now gemini is an exchange that dont have tokens on their platform but this is a good sign that samsung expanding their league. I am a samsung user and will try to upgrade soon so I can try if their built in blockchain wallet is good to use or just simply a wallet like common ones.

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May 30, 2020, 04:50:50 AM
 #12

Well, I can say congratulations to Samsung, which partnering with Gemini, and perhaps, that can be innovations from Samsung that want to integrate with the blockchain technology. I guess that soon, and the other smartphone company will follow what Samsung does so that can help the cryptocurrency grows fast as we know right now, the digital era already began. With integrating to the blockchain technology can make the public know about crypto, and they will want to learn about crypto itself.

Partnering with Samsung is not a big thing now, previously there were also several projects that partnered with Samsung but it wasn't very influential.

I think that is because Samsung is a large company and very popular on the Smartphone, computer so this news can be as big news for crypto user. It can also lift the selling of S10 and S20 series from Samsung so that can be a good partnership between Samsung and Gemini. So we can see what will happens later to both Samsung and Gemini.
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May 30, 2020, 04:56:45 AM
 #13

I find this news fairly normal. It is important that customers still do not use Gemini to pay and buy samsung. so the fact that Gemini appeared on Samsung phones is just an advertisement. If Samsung phones are used by people who don't know crypto, I think this marketing campaign will be pathetic.
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May 30, 2020, 06:40:01 AM
 #14

This is a hair raising but at the same time exciting news happening in the world of cryptocurrency.

A tech giant such as Samsung is partnering with a cryptocurrency company so that users of their mobile phones can be able to invest in cryptocurrencies. That will enable to very big chunk of mobile users to experience cryptocurrencies and that way will help increase in one way or another the prices of cryptocurrencies.

Nevertheless, we still need to be very careful when making investments. Remember this is just an additional platform for us to use, by using our mobile phones. And it would still depend on us how we would be able to become successful in cryptocurrencies.

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May 30, 2020, 07:55:03 AM
 #15

It really makes me happy reading such news, because it always sends that message to the world that crypto have something wonderful to offer to all and sundry and thus will always keep growing to explore more platforms. Indeed Gemini has taken a good step at the same time Samsung is also proving to be ahead of others owing to its high recognition and respect of the crypto space, that is to say, Samsung is getting ready for the future. I believe more of this is coming and it's just a matter of time.

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May 30, 2020, 08:00:02 AM
 #16

this is really good news for the world of crypto currencies! Samsung is a big technology company in the world, if crypto currency is integrated in their smartphone, I can't imagine the adoption that will be done by the world  Grin



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May 30, 2020, 08:27:42 AM
 #17

Looks like Samsung is going all in on blockchain tech 'coz they have integrated lot of crypto projects in their flagship phone.

Now eagerly waiting for apple to announce something similar lol.

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May 30, 2020, 08:38:56 AM
 #18

Looks like Samsung is going all in on blockchain tech 'coz they have integrated lot of crypto projects in their flagship phone.

Now eagerly waiting for apple to announce something similar lol.

   Studio1one it's true, Samsung is integrating crypto-currencies for some time already, and now they
partnered with exchange, it would be interesting what will be the next. When giant like Samsung is
doing this, we know we are a step closer to mass adoption.
    Apple is the biggest, I would like to see them joining too, but I believe there are others who will
join before Apple. And when Apple joins in one moment it will be huge, like everything else they are
doing!



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May 30, 2020, 09:02:21 AM
 #19

Thats great news! And this is another recent Samsung initiative in the field of cryptocurrencies. Last month, Tron dapps arrived in the Samsung App Store: https://cointelegraph.com/news/tron-dapps-arrive-on-the-samsung-app-store
It's very good that giants like Samsung are seriously interested in blockchain-based projects. I hope that other companies follow in the footsteps of Samsung. Thanks to this, the entire cryptographic environment will benefit. Im sure that pioneering companies like Samsung will also benefit a lot. Win-win situation.

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May 30, 2020, 09:03:37 AM
 #20

This would be very helpful for newcomers, we still don't have an easy solution how to buy cryptocurrencies, now when they have pre-installed app in their phone, it will be very easy to buy their first Bitcoins.

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