Gemini cryptocurrency exchange launches in Australia

Popular cryptocurrency exchange Gemini is now available to use in Australia, according to a Medium blog post by co-founder Tyler Winklevoss.

Australian users can now download the Gemini mobile app and use it to purchase and store cryptocurrencies.

The cryptocurrencies currently on offer for Australian residents are Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Zcash.

The blog post reads: “As part of our mission to build the future of money, we are hard at work expanding our global footprint and bringing our trusted platform to as many countries as possible.”

Winklevoss goes on to state how Gemini wants individuals around the world to have a “safe and easy way” to buy, sell, and store cryptocurrency.

“We have built an institutional-grade exchange and custody solution that operates on the principles of security, transparency, and compliance – trust is our product,” he adds.

At present, Australia is currently ranked 12th in the world in terms of Bitcoin trading volume.

The move by Gemini will see the exchange attempt to tap into this market, and it is optimistic that the launch will help push for greater adoption in Australia.

Gemini is now available in 49 US states, Puerto Rico, Canada, Hong Kong, Singapore, South Korea, the United Kingdom, and Australia.

Interested in reading more Gemini-related stories? Discover the three reasons why Gemini is Bitcoin’s biggest supporter.