There’s no question that the meteoric rise in the popularity of Coinbase was in part fueled by its mobile accessibility. This dominance has continued for years as few exchanges have focused on mobile platforms.
Now, the San Francisco-based exchange has gained a major mobile competitor with the launch of the Gemini App, a licensed cryptocurrency exchange and custodian that allows users to buy, sell and store cryptocurrency in a compliant manner.
— Gemini (@Gemini) December 11, 2018
According to the announcement, the mobile app is a true extension of Gemini’s desktop trading platform, with functionality including price alerts, recurring buy orders, and institutional-grade security.
Perhaps the most notable addition with the launch of the Gemini Mobile App is The Cryptoverse, a “basket,” or index, of the market-cap-weighted cryptocurrencies available on Gemini available for purchase with a single order.
The Cryptoverse will compete for retail investors with Coinbase, Abra, Circle and Voyager all of which have similar index products that allow for single-click diversification.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.