Gemini Extends Support for DeFi Tokens
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Sept. 25, 2020

Cryptocurrency exchange Gemini has announced extension of decentralized tokens (DeFi).

According to an official announcement, the exchange will now be support for both trading and custody: Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA), Uniswap (UNI), and Yearn.finance (YFI).

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Moreover, Winklevoss brothers-founded Gemini now supports new tokens for trading earlier supported only for custody: Decentraland (MANA), Kyber Network (KNC), Maker (MKR), Storj (STORJ), and 0x (ZRX).

"The DeFi revolution is coming into bloom and it presents the possibility of permissionless, bankless, alternatives to the legacy financial system," Gemini said.

Gemini also added three new tokens for custody: Keep Network (KEEP), Wrapped Bitcoin (wBTC), and tBTC (tBTC).

As of total, the exchange now offer trading and custody support for 24 digital assets and custody support for another 10 cryptocurrencies.

Gemini to Offer Custody of .crypto Domains

iHodl earlier reported that Gemini launched services in the UK. From now on, residents in the UK can make deposits with pounds sterling through debit cards or bank transfers to buy cryptos on the platform.

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