Billionaire Winklevoss twins launch Gemini crypto exchange in Ireland

Gemini, the cryptocurrency firm owned by the billionaire American Winklevoss twins, will launch its services in Ireland tomorrow and set up its European headquarters in Dublin.

The platform accepts cryptocurrency transactions in euros and pounds sterling.

The platform allows users to buy and sell over 100 cryptocurrencies including Bitcoin, Ether and DeFi tokens.

Cameron and Tyler Winklevoss rose to fame after suing Harvard student Mark Zuckerberg for allegedly stealing their idea to start Facebook.

The twins, who are now estimated to each have cryptocurrency-related assets in excess of $1 billion, were also former US Olympic rowers.

Gemini users can make purchases using a debit card or with Apple Pay or Google Pay and deposit money into their accounts via Sepa bank transfer.

The company’s ActiveTrader tool will also be available “for more advanced traders,” according to the company.

Gemini recently received approval from the Central Bank of Ireland to offer crypto services to the Irish market.

“Gemini is committed to providing consumers and institutions with a secure entry point into crypto,” said Gillian Lynch, Gemini’s Head of Ireland and Europe.

“We are delighted to be live in Ireland, where there is strong demand from a highly educated and tech-savvy consumer base for accessible euro crypto services.

“Ireland has a developed financial services industry and is an internationally recognized technology hub, serving as a gateway to the broader European fintech market. We look forward to continuing our expansion in the region,” she said.

https://www.independent.ie/business/technology/billionaire-winklevoss-twins-launch-gemini-crypto-exchange-in-ireland-42058334.html Billionaire Winklevoss twins launch Gemini crypto exchange in Ireland

Fry Electronics Team

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