Gemini Dollar Reviews & Comments 2019



I’m an avid supporter of stable coins, but i’m unsure on where i stand with GUSD. The main reason is that it’s only reedemable on the Gemini exchange. What if i want to sell it on Binance or Coinbase? This is the clear problem with GUSD, even though its heavily regulated in New York. This comes at a time when New York is suing Bitfinex because it illegally used nearly a billion dollars in USDT to cover up its own losses. This shows the clear need for a regulated and functioning stable coin, but I’m unsure if GUSD fits the bill.

Carl   April 28, 2019  

GUSD doesn't seem to make much sense considering there are already so many stable coins that have approval from New York's financial services. PAXOS is already registered in the state of NY so I don't see why there needs to be two stable coins in the same state. Gemini doesn't even list new currencies So why should they be concerned about launching a stable coin?

Gio   March 17, 2019  

Where do I start with GUSD? This coin is amazing because I can transfer from Binance directly to my Gemini account. This make trading from fiat to crypto and vice versa extremely easy. I don't understand how people aren't taking advantage of this shortcut. So much money is wasted in transaction fees from going from one exchange to the other. Most people only move crypto to go from one currency to a fiat currency. GUSD makes this whole process so much more simple.

Giani   March 1, 2019  

There are a few of these projects being launched and all have the same goal which is to basically replace tether. All of them say they are backed by real fiat etc but this is crypto and it's like the wild west so who knows if they are or not. I still continue to use tether and whether it is or is not really backed by fiat it is still serving it's purpose for me as of now.

Alex   September 14, 2018  

Latest Cryptocurrency News & Promotions

Panerora to Revolutionize Payment Systems
Panerora to Revolutionize Payment Systems

The development of blockchain technology in the last several years has already started impacting the financial sector in a major way. Services that are based on this technology...

Forget about Twitcoin, Says Twitter CEO
Forget about Twitcoin, Says Twitter CEO

After Facebook announced the launch of Libra, a stablecoin that should become a common currency for WhatsApp, a messaging application owned by the corporation...

LATOKEN Shoots down Fraud Accusations
LATOKEN Shoots down Fraud Accusations

Another crypto drama has been emerging recently, this time between KICK ICO and a project known as LATOKEN. Mainly, KICK ICO recently posted about LATOKEN...

Latest Cryptocurrency Forecasts

TRON Price Forecast
TRON Price Forecast

TRON (TRX) has been one of the most popular cryptocurrencies in 2018. The project definitely achieved much last year, and its achievements continued in early 2019, as well...

Technical Analysis in Cryptocurrency Trading
Technical Analysis in Cryptocurrency Trading

In 2019, cryptocurrencies can be called the most popular financial instrument. High volatility of tokens creates a good potential for obtaining super-profits...

ETH price doesn't seem to be stable
ETH price doesn't seem to be stable

Ethereum (ETH) is largely considered to be the second most important cryptocurrency ever to be created. Thanks to the fact that it was created as a development platform instead of a cryptocurrency...

Gemini Dollar
Gemini Dollar

The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm. The Gemini dollar — the wor...

Gemini Dollar (GUSD) price change (24h)

Top 10 Cryptocurrencies

Currency Price, USD 24h
1 Bitcoin 10 355.799 0.17%
2 Ethereum 194.278 3.84%
3 XRP 0.263 0.25%
4 Bitcoin Cash 307.636 0.94%
5 Litecoin 71.480 1.47%
6 Tether 1.005 0.24%
7 EOS 4.092 1.98%
8 Binance Coin 20.862 -0.76%
9 Bitcoin SV 123.990 2.34%
10 Monero 75.562 1.14%