The verification process at Gemini can take anything from 2 to 5 business days. After the verification process is completed, your account will have full trading and transfer privileges.
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This is a case-by-case procedure that could take anything from a few hours to several business days, depending on a variety of criteria (e.g. your country of application, nationality, quality of the pictures, etc.).
What kind of proof does Gemini require?
You must upload a clear and complete photo ID (driver’s license or passport) to complete your Gemini registration. You can do so by navigating to the “My Account” button and following the “Verify your identity” section’s instructions.
Is Gemini a better alternative than Coinbase?
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Platforms like Gemini and Coinbase can make cryptocurrency trading easy and safe for new and seasoned investors, as crypto trading draws both new and seasoned investors. Both are well-known centralized exchanges that follow tight US rules and are backed by major banking institutions like J.P. Morgan. Furthermore, you can use Coinbase Pro or Gemini’s ActiveTrader program to have access to sophisticated trading options on both platforms.
Although the exchanges are similar, there are some variances. While Gemini caters to institutional investors, Coinbase allows you to earn cryptocurrency while learning how to trade. Beginners will be able to use any platform with ease. Coinbase, on the other hand, has a little advantage because it is available in more countries and supports more currency types.
We looked at Gemini and Coinbase to see how much it costs to trade certain quantities and volumes, as well as what payment options are available and which cryptocurrencies are supported. We also looked at things like simplicity of use, unique features, and security options. We also looked at their customer service and the operation of their mobile apps.
Why is it taking so long for my Blockchain verification to complete?
If your submission cannot be automatically confirmed for some reason, it will be personally evaluated. This procedure could take up to 5 business days. Unfortunately, we are unable to expedite manual evaluations. If we require additional information from you, we will contact you by email.
How long does it take for Gemini to deposit?
It can be impossible to forecast how long a transaction will take to be confirmed due to changes in network traffic. After three confirmations on the Bitcoin network, which normally takes roughly 30 minutes, Bitcoin deposited to your Gemini deposit address will be available for trading in your account.
What method does Gemini use to verify ACH?
Choose USD, next Bank Transfer (ACH), and finally PayPal “Keep going” Enter the amount in US dollars up to your daily limit. After you’ve double-checked your deposit information, click “Agree”
Is SSN required for Gemini?
Gemini is obligated by law to collect your SSN/SIN in order to comply with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules as a New York trust corporation. Please see our Security page for more information on how we store personal information safely and securely.
