Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Winklevoss-led Gemini crypto exchange has introduced its clearing and settlement product Gemini Clearing.
The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing.
No OTC desk on Gemini
Gemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades using Gemini accounts.
Gemini Clearing is a fully digital platform providing regulated clearing and settlement services for pre-arranged off-exchange or OTC trades, which intends to reduce counterparty risk as well as ensure immediate settlements.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.