Backed by the Winklevoss brothers cryptocurrency exchange Gemini has officially started supporting the Euro (EUR) for deposits and trading. Now, the exchange's users can purchase all cryptocurrencies listed in the platform with EUR from a bank via SWIFT wire or SEPA transfer.
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Gemini also has launched ActiveTrader, a trading interface that offers advanced charting with order books, for the following trading pairs:
The exchange claims the decision to expand the fiat currencies correlated with its international mission:
"Expanding internationally and supporting EUR is another exciting step forward in our mission to empower individuals around the world through crypto."
In September, Gemini launched its arm in the UK with support for the UK Faster Payments Scheme, SWIFT, the Clearing House Automated Payment System (CHAPS) and wire transfers as payment methods.
The exchange's move to the UK came after receiving an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA). According to the FCA registration, Gemini has two entities in the UK: Gemini Europe and Gemini Europe Services. The former deals with e-money activities, while the latter deals with crypto custody and crypto exchange services.
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