Gemini to Launch Non-US Crypto Derivatives Platform Called Gemini Foundation

Gemini to Launch Non-US Crypto Derivatives Platform Called Gemini Foundation

Gemini announced it will launch Gemini Foundation, a non-US crypto derivatives platform, which will be available to customers in areas including Singapore, Hong Kong and others, but not available to customers in the US.

The first derivatives contract on Gemini Foundation will be BTC/GUSD perpetual contract. Funding payments, fees, profits and losses on the platform will all be in $GUSD. Eligible customers will be able to convert USD and $USDC into $GUSD on a 1:1 basis, and vice versa, at no additional cost. Currently, the sign up channel is open.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Exchanges

Derivatives

In This Article

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bitget announces token merger, BGB price increases amid market-wide declines Bitget announces token merger, BGB price increases amid market-wide declines
Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq
Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone
Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open