A major U.S. cryptocurrency exchange, Gemini, has announced support for Bitcoin Cash (BCH) on its platform. Trading and custody services for BCH will begin on December 10, 2018, according to the official announcement.
Gemini Expands Its Cryptocurrency Offerings to Five Coins
With the inclusion of Bitcoin Cash (BCH), Gemini now supports five cryptocurrencies:
- Bitcoin (BTC)
- Ether (ETH)
- Litecoin (LTC)
- Zcash (ZEC)
- Bitcoin Cash (BCH)
The exchange clarified that its support is limited to BCH ABC, using the ticker BCH. The competing fork, Bitcoin SV (BSV), will not be supported.
Key Details for Users
- All BCH withdrawals will only process on the ABC blockchain.
- Deposits sent via the Bitcoin SV blockchain will be irrecoverable.
👉 Learn more about blockchain forks
Gemini emphasized compliance in its statement:
"We worked closely with the New York State Department of Financial Services (NYSDFS) to approve Bitcoin Cash trading and custody services. Gemini remains the world’s most regulated cryptocurrency exchange and custodian, offering a secure way to buy, sell, and store digital assets."
Gemini’s Strategic Moves: Stablecoin and Global Expansion
Beyond listing BCH, Gemini has been active in broader initiatives:
- Stablecoin Launch: Introduced the Gemini Dollar (GUSD), a USD-pegged stablecoin.
- UK Expansion: Plans to open a crypto exchange in the UK, hiring former ISE COO Jeanine Hightower-Sellitto as Managing Director of Operations.
FAQ Section
Q: Which Bitcoin Cash fork does Gemini support?
A: Only BCH ABC (ticker: BCH). Bitcoin SV transactions are not supported.
Q: When did BCH trading start on Gemini?
A: December 10, 2018.
Q: What other cryptocurrencies does Gemini offer?
A: BTC, ETH, LTC, ZEC, and now BCH.
Q: Is Gemini regulated?
A: Yes, it’s licensed by the NYSDFS and prioritizes compliance.
👉 Explore regulated crypto exchanges
Final Thoughts
Gemini’s addition of Bitcoin Cash reinforces its position as a regulated, user-focused exchange. With GUSD and global expansion plans, the Winklevoss twins continue to shape the future of cryptocurrency accessibility.
For updates, follow Gemini’s official channels.
---
### SEO Keywords Integrated:
- Bitcoin Cash (BCH)
- Gemini exchange
- Cryptocurrency trading
- Stablecoin (GUSD)
- NYSDFS compliance