Winklevoss brothers ‘Cameron and Tyler’, early bitcoin investors and founders of the Gemini cryptocurrency exchange, don’t appear to be deterred by the ongoing market downfall. In fact, while in an ‘interview‘ with Bloomberg recently, Tyler Winklevoss aforementioned, “We’re totally at home in this winter.”
The twins confirmed they’re pushing ahead with their firm’s plans, as well as an updated mobile application, the Gemini Mobile App, that would be launched within this week on for both Android and IOS users.
The new updated mobile app permits purchasing and selling of Gemini-listed cryptocurrencies, displays market prices and portfolio worth, while permitting users to send and receive funds too. It additionally has price alerts, recurring purchase orders, and basket order practicality. The basket order feature, referred to as “Buy The Cryptoverse™,” lets users obtain an index of coins, weighted by capitalization, via in a single order.
Gemini President ‘Cameron Winklevoss’, while explaining further in a ‘press release‘ said:
“Cryptocurrency never sleeps thus it’s vital for us to make it straightforward for our customers to have interaction with it wherever they’re and whenever they need.”
Winklevoss brothers told Bloomberg that are used to “doubt” cryptocurrencies, however they don’t seem doubted regarding launching their new mobile application within the middle of the ongoing “crypto-winter.” Cameron added:
“It offers us time to work internally, and refine and kind of catch our breath.”
They additionally disclosed that obtaining users for the app may be a priority for 2019, maybe marking a modification from what looks to possess been a lot more institutional investor-focused strategy thus so far for Gemini. Explaining further Cameron said:
“The reality of the situation is that we’ve got a diverse client base. and therefore the retail story is simply a starting.”
Expanding into Asia will be a spotlight for 2019, with Gemini hoping to compete with the likes of BitMEX and Huobi exchanges within the region. The ‘Winklevoss brothers’ additionally stressed they need a “slow and steady” approach for one simple reason: “We assume it’s an area that’s here to remain.”
The crypto ecosystem expects a decent degree optimism from those as invested, and such early proponents, just alike Winklevoss brothers.
After launching Gemini exchange and despite the SEC’s rejection of the Gemini bitcoin-based ETF application, the brothers has been busy building a fully-regulated platform. Gemini uses ‘Nasdaq market surveillance technology‘ to forestall manipulation, offers custody services, and gained the approval and governance from the New York Department of monetary Services. It became the primary authorised Zcash [ZEC] ‘exchange‘ earlier in May this year and launched its GUSD [Gemini dollar] this Sept.