Gemini's Bank-Level Security Comes at a Price

Gemini, the New York-based crypto exchange founded by Cameron and Tyler Winklevoss, has been positioning itself as the go-to platform for security-conscious investors. With its recent move to the Nasdaq public markets in September 2025, Gemini's claim to offer bank-level security is put to the test.

A review of Gemini's fees, features, and fine print reveals a platform that delivers on its security promise but comes with higher trading costs and a shorter list of available coins. The exchange operates as a New York trust company, subjecting it to state banking regulations and reserve requirements that exceed those of most crypto platforms.

Gemini's Nasdaq listing has brought the company under financial disclosure rules, providing transparency into its operations. In contrast to many other exchanges, Gemini covers all 50 states without exception.