Gemini: fact sheet

Who runs Gemini?

Gemini’s parent company is Gemini Space Station, Inc., which files annual reports with the US Securities and Exchange Commission (SEC). Its 10-K for 2025 says “Gemini was founded in 2014” and names its founders: “Our founders, Tyler and Cameron Winklevoss, are at the center of everything Gemini does.” The filing gives its principal executive offices as 600 Third Avenue, New York.

The 10-K also says: “We offer digital asset custody services through Gemini Trust, a New York limited purpose trust company.” A trust company holds assets on behalf of others. For individuals, the main products are the Gemini app for simple buying and selling and ActiveTrader for order-book trading; both have published fee schedules.

This fact sheet does not rate or recommend Gemini. It records what we could check on 2 October 2026, with a source for each item.

Is Gemini still available outside the US?

Not in the UK, the European Economic Area or Australia. The 10-K says: “In February 2026, we announced plans to exit and wind down operations in certain international markets, including the United Kingdom, the European Union ("E.U.") and other European jurisdictions, and Australia”.

Gemini’s support notice sets out the timetable:

The notice told customers that “All crypto and fiat assets on these accounts should be withdrawn ahead of 6 April 2026.” If you held a Gemini account in one of these regions and still have questions about leftover assets, contact Gemini only through its official website. Be wary of anyone who contacts you offering to “recover” funds for a fee. Our guide to recovery scams explains why.

Gemini’s availability page says it is available in “every U.S. state” and still lists other countries. Check yours on that page.

Is Gemini licensed in the US?

Yes, in New York. The New York Department of Financial Services (NYDFS) list of virtual currency businesses shows Gemini Trust Company, LLC with a limited purpose trust charter granted in October 2015 (checked 2 October 2026).

That puts Gemini Trust under NYDFS supervision. None of the sources we checked say that crypto held with Gemini is insured like a bank deposit, so do not assume it is. As FinCEN puts it for its own register, a listing “is not a recommendation, certification of legitimacy, or endorsement of that business by any government agency.”

How does Gemini charge fees?

Gemini publishes separate schedules for its app and for ActiveTrader:

• App and web buys. Gemini says fees “are subject to influence by various factors, which may include your payment method, order size, market conditions, jurisdiction, asset, and/or other costs”. For Instant and Recurring orders, “Gemini includes a spread in the quoted price”. It adds: “You can view the fees in the trade review screen prior to confirming your transaction.”
• ActiveTrader. On the schedule dated 1 September 2026, the entry tier is 0.600% for maker orders and 1.200% for taker orders. Your tier depends on your trailing 30-day trading volume (excluding stablecoin pairs) or your total asset balance.
• Transfers. Gemini publishes a separate transfer fee schedule; check it before withdrawing.

Illustrative arithmetic: a $1,000 entry-tier taker order costs $1,000 × 1.200% = $12; the same order as a maker order costs $1,000 × 0.600% = $6. Read about maker and taker orders and crypto trading fees.

What happened with Gemini Earn?

Gemini Earn was a crypto lending programme in which customers’ assets went to Genesis Global Capital. NYDFS says Earn customers were “suddenly unable to access their assets” after Genesis experienced a financial meltdown. The regulators’ actions that followed, from their own releases:

The lesson for any platform: a yield product may pass your crypto to another company. If that company fails, the platform you signed up with may not be able to return your assets quickly.

What other regulatory actions has Gemini faced?

What should you check before you sign up?

These checks come from regulator guidance, not from Gemini. They apply to any platform.

1. Find it on the register yourself. Type the regulator’s web address into your browser rather than following a link, then compare the exact legal entity name, reference number, website and phone number with what you were given. Scammers copy the details of real firms. Our guide to checking if a crypto firm is authorised lists the official registers by country.
2. Read what the register entry means. The UK FCA says: “Being registered with the FCA as a cryptoasset business does not mean your customers benefit from the protections of the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).” FinCEN says a listing on its MSB site “is not a recommendation, certification of legitimacy, or endorsement of that business by any government agency.”
3. Know which entity you are signing up with. The terms of service name the company you contract with. That entity, and the country it is in, decide which rules apply to you.
4. Decide who holds the keys. The SEC warns: “If the third-party custodian is hacked, shuts down, or goes bankrupt, you may lose access to your crypto assets.” Read our lesson on wallets and private keys before you leave a balance on any platform.
5. Price the whole trade. Add the spread, the trading fee and the withdrawal fee before you buy. Our crypto fee calculator does the arithmetic.
6. Ask where your crypto goes. For any yield or lending feature, find out which company receives your assets and what happens if it fails — the Gemini Earn record shows why.

What are the risks of using Gemini?

• Price risk. The UK FCA says people who buy crypto should be prepared to lose all their money.
• Custody and counterparty risk. The SEC warns that a custodian’s hack, shutdown or bankruptcy can cut off your access. Earn showed that a platform’s partners carry risk too.
• Market exit risk. Platforms can leave a country, as Gemini did in 2026. You then have a deadline to move your assets.
• No compensation scheme. The SEC says brokerage-account protections do not cover accounts with crypto firms.

See our full guide to crypto risks.