New York-based cryptocurrency exchange platform Gemini, just launched its official mobile application for Android and iOS smartphones.
With the launch of Gemini’s own wallet, there is now a battle for the top spot between Coinbase and Twitter CEO Jack Dorsey’s Cash app in the Apple App Store.
According to a Medium post, published on Tuesday, Gemini CEO and Co-founder, Tyler Winklevoss, wrote that the wallet would enable customers to trade cryptocurrencies, track profit and losses, a portfolio to showcase their values, set price alerts and do much more.
Gemini’s latest program called, ‘Buy the Cryptoverse’ is a feature similar to platforms like Coinbase Bundle and other platforms; assisting traders in issuing basket buy and sell orders for the cryptocurrencies listed on Gemini. The feature allows users to purchase coins such as bitcoin, ether, bitcoin cash, zcash, and litecoin, all at once. These coins are weighted by market capitalization.
Bitcoin Cash (BCH) was included in the platform a few days ago, only after receiving approval from the New York Department of Financial Services.
Talking about how the wallet will ease trading, Tyler wrote:
“Whether you’re a crypto expert or a newcomer, we’ve made engaging with crypto easy and secure by extending Gemini’s trusted platform to mobile.”
Since the launch of wallet on Google’s Play Store, the application has been downloaded “500+” times.
Apart from the launch of their mobile wallet, the Winklevoss brothers are keen on expanding their markets in Asian countries by 2019, by taking on competitors like Bitfinex, Digifinex, and Huobi. Also, they are on a hunt to get approval from the United States Securities and Exchange Commission (SEC).
Tyler concluded the post by writing, “We spent the last three years building the world’s most trusted cryptocurrency platform, and today we are excited to extend it into your hands and allow you to engage with cryptocurrency wherever you are and whenever you want.”
The launch of their new mobile wallet brings in hope to the exchange platform, helping in attracting new customers.