Winklevoss Twins Targeting Retail Investors With Launch of Gemini Mobile App

Siamak Masnavi

On Tuesday (11 December 2018),  Gemini Trust Company, the digital asset exchange and custodian founded by Cameron and Tyler Winklevoss in 2014, announced that it had launched a new mobile app (available for iOS and Android).

In a blog post published a little earlier today, Tyler Winklevoss, Co-Founder and CEO of Gemni, talked about the new mobile app, and listed its main features:

  • buying and selling any of the supported cryptocurrencies (BTC, ETH, BCH, LTC, and ZEC);

Gemini App 1.png

  • real-time market prices and portfolio value (for any selected cryptocurrency, you can get historical price data for the past 24 hours, one week, one month, three months, or one year)
  • price alerts (this lets you get a "push notification when a price moves above or below a certain price point — or moves by more than a certain percentage value")
  • recurring buy orders (this allows repeating an order "at any frequency, time, and amount of your choosing");

Gemini App 2.png

  • sending and receiving crypto; and
  • buying "The Cryptoverse" (a basket containing all of the five supported cryptocurrencies based on "weighted market cap"; currently, the percentages for BTC, ETH, BCH, LTC, and ZEC are 82.34%, 12.80%, 2.43%, 2.04%, and 0.39% respectively).

Cameron Winklevoss, the President of Gemini, told Forbes in an interview that the twins and Gemini could handle the severe drop in cryptocurrency prices since the highs achieved last December:

“For many years when we were building Gemini, price wasn’t a thing. Bitcoin was a $200 coin. Then, last year is actually an anomaly, and almost, you could argue, a distraction.”

He later added:

"While some capital might be leaving the market, the human capital is really impressive, and it’s long-term capital. People don’t make decisions to enter crypto on a month-to-month or price to price basis."

In a press release, Cameron said:

“We’ve spent the last three years building the world’s most trusted cryptocurrency platform and today we are excited to extend it into the hands of our customers. Cryptocurrency never sleeps so it’s important for us to make it easy for our customers to engage with it wherever they are and whenever they want.”

 

Featured Images Courtesy of Gemini

TRON (TRX) Becomes Available for Trading to eToro's 10 Million Users

On Monday (March 25), leading social trading platform eToro, which has over 10 million registered users, announced that it had added support for TRON (TRX).

eToro, which calls itself "the world’s leading social trading network", was born in January 2007. Perhaps, the best example of eToro's social trading tools is "CopyTrader", which "enables clients to automate their trading by allocating some of their funds to replicate another investor’s activity and copying every move they make in real time."

Although eToro had allowed trading in Bitcoin (via CFDs) as early as 2013, it wasn't until 2017, when it became possible to directly trade and invest in Bitcoin, Ethereum, Litecoin, and other popular cryptoassets.

With today's announcement, TRON (TRX) becomes the 15th cryptoasset be listed on eToro (the others are Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin, and Zcash). It is worth noting that "TRX will also be added to eToro’s CryptoPortfolio, which enables investors to diversify across all available crypto-assets (weighted by market cap) with just one click."

Mati Greenspan (@MatiGreenspan on Twitter), Senior Market Analyst at eToro, explained to CryptoGlobe why eToro had decided to add support for TRON:

"Tron has been one of the most highly requested cryptos from clients looking to trade it on our platform, so we are very proud to provide it today."

Yoni Assia, co-founder and CEO at eToro, stated: 

“TRON is making fast progress towards lofty ambitions, and has rightly garnered the attention of the crypto community. Given the relative youth of blockchain technology, investors in crypto-assets are investing in big ideas and seeking out companies that execute on big ideas. Tron certainly ticks that box. At eToro we look to offer investors access to crypto-assets that already have some clear success behind them.”

As for Justin Sun, the founder and CEO of TRON foundation, this is what he had to say:

“With our listing on eToro, we’re giving TRX holders another great platform on which to manage their assets. These steps will help grow the blockchain community and expand our reach around the world.”

 

Featured Image Courtesy of eToro