Gemini Expanding to New Fiat Currencies, Added-HKD, AUD, and CAD dollars

• New support on Gemini crypto exchange setting new beginnings for Hong Kong, Australia, and Canada.

A New York-based cryptocurrency exchange and custodian- Gemini decided to add support for Hong Kong, Australian and Canadian dollars to facilitate its customers to buy, sell, and trade cryptocurrencies on its crypto podium.

With this latest move, the natives of these countries can trade in their fiat dollars which is one of the best advantages for any citizen of the countries dealing in crypto assets.

“Now, in addition to the U.S. dollar (USD), Gemini customers in Hong Kong, Australia, and Canada can seamlessly transfer funds into the Gemini Exchange to buy and sell crypto with their native currencies.”

The recent announcement via the Winklevoss brothers’ official website shows that the addition of HKD, CAD, and AUD dollars is a part of the roadmap and the support is not immediately available on its Active Trader platform.

According to Gemini, “Active Trader Platform is available to more active users, ActiveTrader features advanced charting, multiple order types, auctions, and block trading.”

The information reads that the updates are a part of a roadmap which Gemini is going to implement very soon.

With the new support for HKD, AUD, and CAD dollars, native customers can trade across the world and enjoy the benefits of effortless trading while they can choose their favorite currencies and manage their crypto portfolio.

Earlier in May, KoinPost reported about Gemini’s new service in association with Samsung to push crypto adoption into the mainstream.

With this partnership, the establishment has become the 1st cryptocurrency exchange in the U.S. to offer crypto trading services by integrating with wallet services via blockchain wallet powered by Samsung. 

Gemini noted that the company is on the mission to offer cryptocurrencies globally and envisioning to expand its support for other fiat currencies as well while doing partnerships with other institutions to expand its reach to uplift decentralized finance.