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

Veritaseum ICO investors to receive compensation
Veritaseum ICO investors to receive compensation

The US SEC ICO crackdown continues, with the regulator continuously resolving one case after another. The most recent ruling of the regulator concerns...

Twitter CEO joins the ICO platform CoinList
Twitter CEO joins the ICO platform CoinList

Pretty much everyone knows about Facebook's plans to release its own cryptocurrency, Libra, at some point in the future. While Twitter founder and CEO, Jack Dorsey...

US users accounts on Huobi will be frozen
US users accounts on Huobi will be frozen

The lack of crypto regulations in the United States has beginning to seriously affect the US traders' ability to join foreign exchanges. Reports of more and more...

Latest Cryptocurrency Forecasts

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...

Ravencoin Price Forecast
Ravencoin Price Forecast

Although many people are skeptical about altcoins, claiming that they are already past their prime and the long-awaited second alt season will never occur, the stats speak quite the opposite...

Bitcoin SV (BSV) Price Forecast
Bitcoin SV (BSV) Price Forecast

Bitcoin Satoshi's Vision, or Bitcoin SV (BSV), still remains one of the largest cryptocurrencies in the crypto industry. The coin currently occupies the 9th spot on the list of largest cryptos...

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 8 807.389 -0.32%
2 Ethereum 186.805 -0.28%
3 XRP 0.275 -0.58%
4 Bitcoin Cash 290.898 0.69%
5 Tether 1.004 -0.02%
6 Litecoin 62.004 -0.21%
7 EOS 3.495 -1.01%
8 Binance Coin 20.392 1.34%
9 Bitcoin SV 133.204 0.69%
10 Stellar 0.078 0.97%
All Crypto Currencies