Bitcoin Gemini Review – Scam or Legitimate Trading Software
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
Bitcoin Gemini describes itself as a crypto trading software that claims to offer advanced trading tools that make trading easy and more profitable for all types of traders. The site claims a high win rate and doesn’t ask for any commission or any other fee to use its facility.
But is the platform truly legitimate? Or is it the same scam-ridden website design to phish your personal info? This Bitcoin Gemini review touches upon the different features of this platform to see if it meets the needs of crypto traders.
Bitcoin Gemini Summary
Bitcoin Gemini claims to be a cryptocurrency trading robot with a low risk approach, making it easier for investors to trade in crypto without having to monitor the markets. Helping in this regard is the supposedly integrated machine-learning tool that scans the market and does the trade on an investor’s behalf. Before we begin the review, here are some key elements to understand.
| Trading Type | Crypto |
| Success Rate | Not available |
| Cryptocurrencies Available | Bitcoin, Ethereum, Litecoin, Dash, EOS, MIOTA, NEO, BNB, XRP, ETC, ADA, ZCASH |
| Available on Mobile | Mobile app not available |
| Customer support | Email or phone – Accessible only after depositing the required amount |
| Withdrawal Speed | 24 hours |
| Minimum Deposit | $250 |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcoin Gemini?
According to the Bitcoin Gemini website it is a semi-autonomous crypto trading platform that allows users to buy and sell cryptocurrencies with a higher ROI than most beginner traders tend to be capable of sustaining.
The platform itself and the third-party reviews that we could find suggest tha the site supports all the major cryptocurrencies – including Bitcoin, Ethereum, and Litecoin, as well as lesser-known crypto assets like EOS, NEO, and MIOTA. The machine-learning-enabled mechanics of this site are apparently capable of making market-beating returns in the current volatile space.
Helping in this endeavor is its AI trading bot that scans the market to find the best investment opportunities. That said, many reviews say that advanced traders can also customize the app to set the buy and sell price for maximum benefit.
Highlighting this utility are the claims that major brokers have joined hands with Bitcoin Gemini. The site also suggests its unique approach to finding repeatable patterns in the price charts helping users get a high win rate. Although the historical information of the same is not available.
Another highlight that Bitcoin Gemini has claimed is that it does not ask for any transaction fees for withdrawals and deposits. There is no commission applicable as well – but you might need to pay the broker integrated with the platform and not the platform itself.
Furthermore, from what we could gather from this website, the site seems user-friendly. And while the site doesn’t have a mobile app, it does claim to provide Web Trader facilities that make it responsive, which means mobile phone users won’t have to worry about any issues.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcoin Gemini Pros and Cons
There are the positives and the negatives that we found while creating our Bitcoin Gemini review:
Pros
- Supports 14 cryptocurrencies
- Has a fee-free structure
- Claims to have partnered with brokers
- It says that a demo account is available
- Claims a high success rate
Cons
- Historical information about the success rate is not available
- No information is available about the makers of the website.
How does Bitcoin Gemini Work?
Bitcoin Gemini works the same way as the leading crypto platforms that use a machine-learning-based approach to offer high returns on investments for their clients. Investors can create an account and start trading using one of the listed crypto assets, including leading coins to altcoins.
Once a user creates an account, the in-built tools of the platform start scanning the market, looking for the best trading opportunities to trigger a trade. To enter a position, Bitcoin Gemini claims that it looks for tokens that have reached the bottom and are predicted to bounce back. The platform starts seeking to close the position by assessing the market conditions to learn if crypto has peaked. It then closes the position on its own, giving profits to the users.
The platform claims that this profit-generating process goes on round the clock.
As the cryptocurrency market is volatile and traders face new situations every day, Bitcoin Gemini also offers educational resources that you can use to stay updated. These resources also keep users informed on how the platform works and how to level up their trading strategies.
That said, users’ funds on the platform are stored with a third-party broker, to which Bitcoin Gemini orders to execute trades. However, the platform claims that it can’t directly access your account – which is a positive when you consider the importance of keeping your assets secure.
Payouts on the platform are also supposedly fast, only taking up to a day to get cleared.
Bitcoin Gemini Key Features
Listed below are the key features that Bitcoin Gemini claims it offers traders:
Supports Multiple Cryptocurrencies
Bitcoin Gemini claims to support a wide array of cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Bitcoin Gold, and multiple other cryptocurrencies. Trading using these cryptocurrencies is simple, and users apparently don’t need any technical knowhow before getting started.
Advanced trading mechanics
Assessing the crypto markets takes time, and the rapid pace at which the prices change is hard to keep up with. Bitcoin Gemini claims that it uses advanced machine learning mechanics to get the most success in trading. It says that the platform has been correct most of the time when it comes to generating profits for its users. While the historical data about the performance of this platform is not available at the moment, current information suggests that it may leverage the volatility of the crypto space to generate many gains for users.
Demo Trading Facility Available
Bitcoin Gemini claims that it provides a demo trading mode as well as live trading. The platform says that people can switch between the two easily whenever they feel like it. All the facilities are supposedly available via the online dashboard – something that we weren’t able to see since access to it is only possible after depositing the required amount.
With demo trading, users can get used to a platform and assess it’s every nook and cranny before starting to trade for real. And with the rapid switch that Bitcoin Gemini claims it has, one can switch to demo trading whenever the win rate falls.
The platform suggests that it only takes 30 minutes to find the best parameters to get successful results.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcoin Gemini Account Fees
Getting started on Bitcoin Gemini is apparently free of charge; the platform doesn’t even ask for a commission. In addition, according to Bitcoin Gemini testimonials there are no deposit of withdrawal costs associated with this platform.
Minimum Deposit on Bitcoin Gemini
To start trading on Bitcoin Gemini, you need to deposit at least $250. All the facilities that Bitcoin Gemini will only open to you once you deposit this required deposit.
Bitcoin Gemini Compatible Devices
Bitcoin Gemini is only available as a web application. However, our reviewers tested it on the following platforms and found the results to be satisfactory.
- Mobile
- Laptops
- Tablets
Is Bitcoin Gemini a Scam or Legit?
Let us now answer one question that most people have been asking – is Bitcoin Gemini a scam or legit?
Bitcoin Gemini claims a lot, its high 90% winrate does sound unsustainable and we were unable to find any independent verification or backtesting of that success rate. What we could only find were third-party accounts and reviews making similar grand claims. Investors are therefore advised to exercise caution when accessing this website.
That said, the platform has received reviews on Trustpilot. However, the reasons regarding it have been mixed. Some say that they were able to gain advertised returns, while others are painting a mediocre picture of the platform.
Furthermore, the platform is light on information, which can be seen as a red flag to many. Considering those factors, we can’t specify whether this platform is legit or a scam. However, going by the interactiveness of this platform, the UI works, which may likely be the same for the charting tools.
Bitcoin Gemini Customer Support
Bitcoin Gemini claims that users can get in touch with the expert via email at any time. However, the platform doesn’t have a contact us page or customer support information. So, it is likely that those who created the account are the only ones who could get in touch with the customer support team.
As we signed up, we were contacted by an account manager. So, it is likely that after you complete the whole process, you will get access to the support team.
How to Begin Trading with Bitcoin Gemini
Once you have read through all the features of the website and have independently researched its legitimacy, follow these steps to start trading on the website.
Step 1: Visit the Bitcoin Gemini Website
The first step is to navigate to the official Bitcoin Gemini platform and open an account. You will need to enter your name and phone number. The customer representative will call you afterward to help you through the account creation process.
Bitcoin Gemini traders must be 18 years of age or over.
Step 2: Deposit the Minimum Amount
Once you have created your account, fund it using any of the listed fiat methods. Bitcoin Gemini claims that all the traditional ways to create an account, such as debit/credit card or visa card, are supposed on this platform. Bank transfer is also available, but the speed might be a bit slow.
Step 3 – Start Trading on Bitcoin Gemini
After you have funded your account, assess the market conditions using the charting tools and let Bitcoin Gemini scan the crypto markets and trading pairs of your choice, such as BTC/USDT. You can customize the trading conditions if you are an experienced trader, and start with the demo account if you are a beginner.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How to Delete a Bitcoin Gemini Account?
While it is not explicitly stated on the website, those who want to delete the account may be able to do so by logging in, going into their account settings, and clicking on the “terminate account” button.
However, experts recommend withdrawing the amount still available in the trading account first, as account termination will also lead to your funds disappearing.
Does Jeff Bezos use Bitcoin Gemini?
Platforms that take a hands-off approach to trading often draw the attention of billionaires who see it as a way to generate passive income. The likes of Blackrock use Alibaba, and other trading machines have also gained relevance in the past. Instances like these have given air to rumors that Jeff Bezos, Amazon founder, might be using Bitcoin Gemini. However, we couldn’t find anything to support that statement.
Does Elon Musk use Bitcoin Gemini?
Elon Musk is known to be a friend of the crypto space, with his bullishness about Dogecoin that has caused the memecoin’s price to rise so many times. However, there is no evidence to suggest that he uses Bitcoin Gemini or any robo advisor type tool.
Does Martin Lewis use Bitcoin Gemini?
There is no evidence anywhere online that would suggest that Martin Lewis, a popular financial journalist withMoneySavingExpert, uses Bitcoin Gemini or similar crypto trading platforms.
Who Created Bitcoin Gemini?
No information is available on the website about the creators of Bitcoin Gemini. The About Us page is absent, and the contact us page is not here as well. Anonymity is common in the crypto space. But it might be seen as a red flag considering the rising demand for more transparency. Investors are recommended to do their own research before proceeding to use this platform.
Bitcoin Gemini Payment Methods
Listed below are the payment methods supported on the site:
- Debit Cards
- Credit Cards
- E-wallets
The Verdict
Our team of reviewers went through different portions of this website when assessing Bitcoin Gemini. While the platform is extremely light on information – and no detail has been provided about the team behind it, we believe that things may get clearer after users deposit the requested amount. That said, it is easy to sign up on the platform – which is good news for those who want to start early.
And when researching, we did find multiple testimonials about this website – and our reactions regarding those are mixed. Therefore, invest in Bitcoin Gemini only after doing your own research.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcoin Gemini FAQs
What is Bitcoin Gemini?
Bitcoin Gemini is a crypto trading platform that claims to offer advanced trading tools that help investors with a positive ROI. It only requires a deposit of $250 and then offers a fee-free trading experience
Does Elon Musk Endorse Bitcoin Gemini?
There is nothing to suggest that Elon Musk – one of the biggest names in the crypto space – has anything to do with Bitcoin Gemini.
Who is the founder of Bitcoin Gemini?
While there are rumors that celebs are backing Bitcoin Gemini, we couldn’t find anything to substantiate them. And information about the founders is not available on the website. The platform also doesn’t appear to have any connection to the famous Gemini exchange.
