Strict adherence to traditional banking rules means that substantial monetary reserves back any assets held on the platform. It is also the first SOC 1 Type 2 and SOC 2 Type 2 accredited cryptocurrency exchange and custodian. It is subjected to frequent examinations and cybersecurity audits by the New York State Department of Financial Services (NYSDFS), allowing it to function as a New York Trust company. Users can buy, sell and store their crypto assets on a safe, licensed, and compliant platform.īuilt upon a premise of enhanced security, Gemini has held a reputation as one of the most secure exchanges. Gemini does this by offering simple, balanced, and secure products. Gemini Trust Company LLC or the Gemini exchange is a leading privately owned cryptocurrency exchange that operates inside the US and provides individuals and corporate entities with an opportunity to legally store, trade, and exchange digital assets.