Hedge Funds and Liquidity Providers
Familiar, comprehensive and turn-key solution for liquidity providers to safely and seamlessly trade crypto.
Gemini has built traditional exchange infrastructure and offers best-in-class products and services to seamlessly integrate with your business and operations; established customary, fair, and transparent fee structures; and maintain the highest-rated security standards to protect your assets.
Gemini Exchange Infrastructure
From day one, the Gemini Low Latency Matching Engine has run on baremetal physical servers out of the Equinix NY5 data center in Secaucus, New Jersey. Customers can cross connect from their NY2/NY4/NY5 infrastructure the same way as their existing exchange connections, or use an approved extranet provider to access Gemini production Order Entry, Market Data, and Drop Copy sessions.
Utilize your existing FIX engine to connect to the Gemini exchange for free, with the only charges being to your connectivity provider. Please email email@example.com to discuss connectivity options and for a list of connectivity providers.
Access the Gemini exchange via direct cross-connects from NY2, NY4, NY5, or via trusted network services providers that can connect from cloud-based trading platforms, or any major data center facility globally.
No Rate Limits
Connecting via the FIX API avoids all rate limiting.
Run in parallel
Test your API engine and algos against order books running production-based pricing with all core exchange functionality running in parallel.
Dedicated Test Environment
Implement FIX connections via the internet for testing API functionality before having to commit to a physical line. Allow developers to set up, configure, and test without requiring production accounts.
Rest and websocket API
Total Exchange Access
Complete access via the REST API to every component of the exchange (Continuous Order Book, Clearing, Withdrawals/Deposits, Subaccounting, etc.)
Track All Exchange Activity
Private websocket connections and webhooks to track all exchange activity.
Rate Limit Flexibility
Rate limiting exceptions available for institutions.
Continuous Support From Start to Finish
Work with a dedicated support team from initial sandbox onboarding through production implementation and ongoing support thereafter. Our dedicated team provides assistance with all technical and connectivity questions and all support services are free of charge.
Gemini is transparent about our trading fees and the calculation methodology so that you have the information you need to make the right decision for your business. See our API fee schedule here.
Maker/Taker Fee Model
If you place an order that is filled immediately, this order takes liquidity from the marketplace and you will be charged a taker fee. If you place a limit order that rests on the order book, your order adds liquidity to the marketplace and you will be charged a lower, maker fee.
Your fee rate for every trading pair is determined by your gross trading volume in notional USD across all of Gemini’s continuous order books over a 30 calendar day trailing window. Your fee rate will be recalculated every day at midnight UTC (7pm EST / 8pm EDT) and applied to all orders going forward from that time.
Gemini has operated with a security-first mentality from day one. Our digital asset security philosophy adheres to three principles: defending against external threats; protecting against human error; and guarding against misuse of insider access.
Digital Asset Security
The majority of digital assets are held in our offline, air-gapped cold storage system and only a small portion is held in our online hot wallet.
Hardware Security Modules
We use hardware security modules (HSMs) that have achieved a FIPS 140-2 Level 3 rating or higher. All HSMs are geographically distributed and stored in monitored, access-controlled facilities. All HSMs require the coordinated action of multiple employees to operate.
We use a multisignature digital signature scheme (multisig) to eliminate single points of failure and improve our resilience against the loss or compromise of any individual private key.
Two-factor authentication, password encryption, rate-limiting, and address allow-listing are just a few of the ways Gemini works to ensure your account remains secure.
Two-Factor Authentication (2FA) via Authy OneTouch and strong passwords are required for logging in to your account and making withdrawals.
Hardware Security Keys
Hardware Security Keys and WebAuthn support allow you to use hardware security keys to secure your account.
Address allow-listing allows you to block all cryptocurrency withdrawal activity for your account, or restrict cryptocurrency withdrawals to cryptocurrency addresses you allow-list.
Rate-limiting is applied to certain account operations, such as your login attempts, in order to thwart brute force attacks.
IP Restrictions are available to ensure only certain IP ranges can gain access to your account.
Sub-accounts allow institutions to segregate trading strategies, funds, end-customers, and more across multiple sub-accounts under the same master account. This functionality also allows for institutions to earn volume-based trading fee discounts as volume is aggregated across all sub-accounts.
Using either our website interface or API, a master account administrator can create an unlimited number of sub-accounts with only one set of login credentials. Users can be permissioned at the sub-account level for specific roles on specific sub-accounts or at the master account level for specific privileges across all sub-accounts.
Instant, Free, and Private Transfers
You can instantly transfer crypto or fiat currency between sub-accounts at no charge. Such transfers are internal book transfers or “off-chain” and therefore not broadcast to a given blockchain. As a result, they are instant, free, and private — they cannot be viewed by third parties. Gemini also offers the ability to instantly trade from your balances stored in Gemini Custody.
API Key Permissions at Every Level
API keys can be created and permissioned at either the master account level or sub-account level. Master account API keys can manage any sub-account and specific sub-account API keys may also be permissioned for specific roles. All of our existing REST API endpoints are available to master account API keys.
Trading Volume Fee Discounts
Gemini aggregates trading volume across sub-accounts when calculating an institution’s volumes, making it easier to earn volume-based trading fee discounts. In addition to the competitive fees on our continuous orders books, Gemini offers other liquidity access points such as Gemini Clearing.
Our Institutional suite of products
Gemini provides a variety of unique features for both institutions and individuals.
Gemini Clearing is a fully electronic clearing and settlement facility for off-exchange crypto trades. Because Gemini is a New York chartered trust company and licensed fiduciary, our processes and controls across all levels of our organization are SOC 2 compliant.
Reduce Settlement Risk
Bi-lateral trades settle instantaneously or within the approved settlement window.
Trade details are only known to counterparties and not published to Gemini’s market data feed.
Mitigate counterparty risk
All users are subject to Gemini KYC onboarding and Gemini’s robust AML framework.
Gemini Custody® is the only crypto-industry solution that meets the complex, high-stakes requirements of institutions without cutting corners on security, experience, or support. Our customized pricing model ensures each customer gets the custody services they need at a rate scaled to their unique requirements.
New York State Qualified Custodian
Gemini is a Qualified Custodian under New York Banking Law, and is licensed by the State of New York as a custodian to custody your digital assets on your behalf.
System and Organization Controls Certified
Gemini has established itself as a leader as the first cryptocurrency exchange and custodian to successfully complete a SOC 1 Type 2 SOC 2 Type 1 and SOC 2 Type 2 certification by Deloitte.
$200 Million Custody insurance coverage
Gemini Custody® secured $200 Million in cold storage insurance coverage for certain types of crypto losses from our Custody platform. To learn more about our insurance, and what it does and does not cover, please visit our User Agreement. Gemini customers can also purchase additional insurance for their segregated crypto assets.
Same day withdrawals and instant liquidity
Gemini Custody offers same day withdrawals and instant liquidity for trading on Gemini Exchange. We employ best-in-class security standards for digital asset holdings combined with an efficient and seamless withdrawal process.
Exclusive account benefits
- Segregated addresses, auditable on the blockchain
- No account minimums or setup fees
- Downloadable account statements
- Simple and intuitive custody user interface
- Configurable group controls of withdrawals and allow-listing requirement for added security
- Dedicated account representatives and expert customer support
Helpful Resources for Liquidity Providers
Gemini is a regulated, crypto-native exchange and custodian, offering a full spectrum of turn-key cryptocurrency products and services. Gemini Trust Company, LLC is a New York trust company that is a fiduciary and subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York State Department of Financial Services (NYDFS) and the New York Banking Law.
Gemini is the only crypto platform in the world to have completed SOC 1 Type 2 and SOC 2 Type 2 examinations for both our exchange and custody products. These examinations were performed by Deloitte & Touche LLP. Discover how Gemini can meet your needs. For more information please contact: firstname.lastname@example.org.
Gemini’s exchange services provide best-in-class trading technology for both institutional and individual investors.
Gemini is a Qualified Custodian and is licensed to store crypto on customers’ behalf in our offline, proprietary cold storage system.
Leading Insurance Coverage
Gemini maintains $290 million in digital asset insurance against certain types of losses, which is in addition to the capital reserves required of Gemini Trust as a New York trust company.
Unrivaled Knowledge and Client Service
The Gemini team has deep expertise in crypto, traditional capital markets, security, and technology, which allows us to partner with institutional clients and deliver solutions that meet their unique requirements and objectives.