Gemini co-founder and CEO Tyler Winklevoss published a Medium post yesterday announcing the release of the Gemini Mobile App so that users of the cryptocurrency exchange can "trade on the go." Available on Apple's App Store and Android's Google Play marketplace, the app allows users to buy, sell, send, and receive cryptocurrency; view market prices and the value of their portfolios; set price alerts and recurring buy orders; and buy "The Cryptoverse," which is a "basket" of cryptocurrencies available on Gemini.
Plus, the app enables users, regardless of whether they are registered Gemini customers, to check prices and historical price data for Ether, bitcoin, Litecoin, bitcoin cash, and Zcash. Coupled with the app's price alert feature, individuals can receive push notifications on their phones whenever a coin's price moves above or below a certain threshold (or if the cryptocurrency in question moves beyond a set percentage).
Winklevoss said he and the Gemini team "are excited to extend" the platform into the hands of their customers. He added, "The Gemini Mobile App is one more step towards building the future of money."
Indeed, taking a cursory look at Apple's App Store, one can see that numerous crypto exchanges have made the jump to mobile. Robinhood, though not strictly focused on cryptocurrency, allows users to invest in crypto through its mobile app. Binance, the third-most popular crypto exchange by trade volume (according to data from CoinMarketCap), has also gone mobile. Other big names with a mobile presence include, among others, Coinbase, OKEx, and Bitfinex.
Although not every crypto exchange has a mobile app, it's standard for companies to offer one, especially in the cryptospace. It seems, then, that Gemini is catching up to the rest of the exchange crowd in taking its platform mobile.
Gemini keeps itself busy – announcements of the group's progress within the blockchain and cryptocurrency space regularly hit the news wires. In September, the Winklevoss twins announced the creation of the Gemini dollar stablecoin, which has been approved by the New York State Department of Financial Services. In October, the company's head of risk, Yusuf Hussain, said Gemini had acquired insurance coverage for customers' hot wallet funds. And early last month, FinTech company Quoine indicated that it would list the Gemini dollar on its flagship platform, Liquid.