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31 July 2021
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Exchange & Wallet News

Tyler Winklevoss: “Gemini is the best regulated cryptocurrency exchange”

Tyler Winklevoss, twin brother of Cameron Winklevoss, mentions the strongest points of their cryptocurrency exchange, Gemini Trust, during an interview. According to him, Gemini is the safest exchange within the crypto industry of the moment.

Since 2014, the two brothers have been working on the idea of ​​setting up a secure bitcoin (BTC) and cryptocurrency platform. However, it remains a difficult undertaking, and that does not only apply to the Winklevoss twins. In many cases in the United States and the rest of the world, regulation lags behind the development of the emerging industry.

Yet Tyler Winklevoss is convinced that Gemini Trust is the “best regulated” crypto exchange in the world. For example, it received a SOC 2 assessment from the American Institute of Certified Public Accountants. This assessment is given by external auditors who have assessed Gemini on security, accessibility, processing integrity, reliability and privacy of the platform. Tyler said about Gemini Trust:

Gemini Trust is the world’s first cryptocurrency exchange and custodian that demonstrates this level of security compliance for protecting customer data and funds.

Tyler Winklevoss also states that Gemini Trust is so safe by, among other things, learning from mistakes made by others in the crypto industry. With this he hopes to eventually become “one of the safest crypto custodians”.

Finally, Winklevoss said that the ultimate goal is for Gemini Trust to become the largest social network:

Tyler WinklevossMoney is the oldest social network and arguably the strongest; and crypto is one of the strongest networks of value in the world.

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