Gemini Looks To Add More Coins To Their Exchange !!

in #steemit7 years ago

Cameron and Tyler Winklevoss said they hope to add more digital currency options to their Gemini exchange in 2018 possibly including a Bitcoin cash and litecoin couldn't they have chosen some other coins other than Bitcoin cash why don't we got to be following the whole idea all the ideas behind coinbase

The twins made this announcement on Thursday at an event hosted by CBOE Global Markets incorporated bloomberg reported the Chicago futures exchange uses Gemini's pricing data for Bitcoin contracts and would need Gemini's help to start offering derivatives for other crypto currencies according to the previous report by Bloomberg CBOE C CEO Oh Chris Concannon said you look at the entire crypto space and you look at what other products have the liquidity and the notional size a derivative makes sense

Already executives at ledger X are planning for more upcoming contracts in 2018 possibly including aetherium futures in the meantime Gemini which currently lists Bitcoin and aetherium could add support for other blockchain based assets some possible additions are from the Satoshi Nakamoto family tree Bitcoin cash and litecoin Tyler Winklevoss said according to the Bloomberg article

Gemini users have been able to withdraw air-dropped Bitcoin cash since October 2017 without any options for purchasing or selling such tokens as if there's a morning on chain FX estimated this cryptocurrency sold for roughly one thousand seventy seven dollars per token

With regards to litecoin Tyler Winklevoss has reportedly described it as a popular test net a Bitcoin it's a nice way of kind of somewhat diminishing like coins at viability but at the same time showing that it's working the godfather of digital currencies on chained FX estimated litecoin prices surged 4402 percent over the last year and that's absolutely correct I have the data myself so guys let me know in the comments section below your thoughts on Gemini adding potentially Bitcoin cash and lite coin in my mind's eye

I would think that this is a wonderful opportunity for Gemini to differentiate itself from coinbase at some level however I'm sure there's some strategic reason for following in the footsteps of coinbase so let me know in the comment section below whether you think that Gemini should follow in coin basis footsteps or maybe even blaze its own path I'll give you my opinion I think they should blaze their own path guys and smash the like button for twins yes twins know how to build stuff exceptionally well it's too bad you're not twin

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