U.S. crypto exchange Gemini in partnership with technology giant Samsung Electronics for crypto wallet integration.
The partnership means U.S. and Canadian customers can use the Samsung Crypto Wallet in conjunction with Gemini ‘s mobile application. This statement was provided to Cointelegraph said.
The first U.S. crypto partnership
The partnership is reportedly the first of its kind. “Gemini is the first U.S. crypto exchange and custodian to partner with Samsung,” the statement said.
Cointelegraph reached out to Samsung to confirm the partnership but did not receive a response as of press time. This article will be updated as necessary, pending a response.
About Gemini Exchange
Gemini Trust Company, LLC (Gemini). is a digital currency exchange and custodian that allows customers to buy, sell, and store digital assets. It is a New York trust company that is regulated by the New York State Department of Financial Services (NYDFS). It was founded in 2014, by Cameron and Tyler Winklevoss.
The specs suit Samsung users
Downloadable on Samsung Galaxy phones, the tech giant’s wallet acts as a crypto storage location. A result of the collaboration, the wallet can now connect with the Gemini exchange.
The statement detailed:
“Connecting their Samsung Blockchain Wallet to Gemini, users can buy and sell crypto, view their Gemini account balances, and also transfer crypto into cold storage with Gemini Custody for the highest level of security.”
The collaboration gives digital asset users global options and independence — features inherent in cryptocurrencies at their core, Gemini co-founder Tyler Winklevoss said in the statement.
Twin brothers Tyler and Cameron Winklevoss recently joined podcaster Peter McCormack for an interview, explaining regulation as a necessary but delicate dance. Gemini aims to protect users’ privacy while still sensitive to the roots of cryptocurrency.
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