The Bitcoin world is driving everyone crazy, as it is a new way to earn money. However, there are many people who still do not trust this system to generate new forms of income. That is why, today we are going to talk about one of the websites used to generate income through cryptocurrencies.
Most of the websites and software that work with cryptocurrencies are anchored to the variations that may occur in the United States, this is because this is the country that presents the regulations and legal issues regarding cryptocurrencies. So today we will talk about a site that allows users to generate income based on this virtual currency, today we will talk about Bitcoin Gemini.
Bitcoin Gemini is a website that uses intelligent software, so it can help the user to generate income with cryptocurrencies, when we say it uses intelligent software, we mean that the program will learn about your preferences to make it easier for you to do what you want to do.
Bitcoin Gemini was created in the year 2015, the company was founded in the mentioned year by the Winklevoss twins, they are two people who participated in the Beijing Olympics. This company was created in the year 2015, however it started to be operational in the year 2016.
How to start with the app Bitcoin Gemini?
Since we have defined a little bit how is the company and who were its founders, now we will start talking about how is the startup in Bitcoin Gemini, you will get the registration option where you must enter some data such as your name and surname, your email and a phone number.
After you have entered the data, it will ask you for a confirmation code, which was sent to the email and another code will be sent to your cell phone, to make the two-step confirmation, all this to protect the data of all users who are registering on the Bitcoin Gemini platform. Although the site claims to protect personal data, this is not proven.
The platform called Bitcoin Gemini, works with many European and Latin American countries, however it does not have coverage for the United States, but is governed by all the laws and regulations that the mentioned country establishes for cryptocurrency trading.
Check or Test Account
If the country in which you live is not approved by the Bitcoin Gemini page to make investments with cryptocurrencies, do not worry, as it offers the possibility of a verification or test account so you can enjoy all the benefits offered by this page and familiarize yourself with the platform.
This is what the site offers with such an account, many people created such accounts to check how the platform was, however, this test option has not decreased the negative opinions towards the website.
This test account works exactly the same as a real account, except that you do not have to make a deposit to start investing in it. And you can appreciate by this account the manageability of the platform.
It should be noted that this testing platform gives you a fake money so you can invest in the field of cryptocurrencies, but keep in mind that this money is not real and you will not be able to withdraw the money you earn. This strategy is used by the site in order to show that it is easy and fast to use, but it is also a strategy used to gain more followers and ignore the fact that it has been labeled as a fraud or scam on the internet.
How does Bitcoin Gemini work?
The Bitcoin Gemini platform is advertised as being very easy and practical to use, plus it allows for quick, easy and simple virtual trading. Once the user makes the deposit you must go to the top of the platform and go to the left side, there you will see the Buy and Sell options. In the buy part, the cryptocurrencies are acquired and it shows the amounts of the coins, this will be calculated based on the regulations and the law of the United States.
The same will happen with the sell. In the same way, the Bitcoin Gemini platform offers on the right side, the value of your cryptocurrencies in the currency of the country, i.e. it converts the value of your cryptocurrencies to euros, pesos, dollars, at the market rate for that day.
As for deposits and withdrawals, in order to start investing, the Bitcoin Gemini website asks for a deposit of 250 euros to start in the world of Bitcoin, however, creating the account has no additional cost, but without the initial deposit you can not do anything. As for withdrawals, the platform specifies that it takes less than 24 hours to make withdrawals and that these can be redeemed via bank transfer, credit cards such as Visa and MasterCard.
However, although the platform states that it gives withdrawals within 24 hours, this is completely false. Withdrawals are not made in that time frame or even longer. Many people have even stated that the money never arrived to them and there are cases of people who made the first deposit and still the money never arrived to the platform.
It is for this reason that the site is considered a fraud and a scam and has earned a negative reputation.
Frequently Asked Questions you can find on the Bitcoin Gemini website
Like any website that exists in the 21st century, you will be able to find a FAQ section on it so that new users can find their way around the platform. Among the questions that can be seen on the platform we have the following.
Does it have a mobile application?
The site does not have an application for cell phones, if you want to enter the site you must do it through its website and using the browser of a computer or the browser of a cell phone.
Can it be used in the United States?
Although the platform is governed by all the regulations and laws of the United States, this page cannot be used in the United States and this is because it is considered a fraud and a scam.
Is it a Pyramid System?
The Bitcoin Gemini website is not based on a pyramid system, however it is considered a scam and a fraud on social media and other cryptocurrency website review sites
How withdrawals are made
Withdrawals are made through the Sell option offered by the site, however many users have claimed that withdrawals never reach their accounts and there have been reported cases where deposits were also not accepted by the system. Let’s remember that in order to start investing on this site an initial deposit of 250 euros is required, which is not refundable under any context.
Is this site reliable and safe?
According to the Bitcoin Gemini website if it is safe and reliable, in fact on their website you can find multiple reviews about the site, in which it is claimed that the site is 100 percent safe and reliable. But nothing could be further from the truth, as the site has scammed many people.
Scam and Fraud – Is it a con?
This page despite being very well ranked and having a good reputation on its website, is considered one of the worst websites for cryptocurrencies, this page offers all users the possibility to earn easy money through its page and its smart software through the buying and selling of cryptocurrencies.
But it is not true. Many people have claimed that they have lost their initial deposit money, that the site does not give refunds and that it does not matter how much money you have managed to earn by investing in cryptocurrencies, because the site does not allow withdrawals through its platform.
This is a page that is not recommended to make any kind of investment, however if you are still interested in the world of cryptocurrencies, you can use other platforms that have a better reputation in the market and in the virtual world. But remember that there is no easy way to get to generate income quickly through cryptocurrencies.
eToro – the reliable internet trading solution
Many of us will keep an eye open when entering different internet platforms: after all, all those that offer miraculous profits, are a scam. Therefore, we should turn to trading sites where through our knowledge and effort, we can start earning real money: eToro.
It is a trading site with a wide reputation all over the web. With thousands of users using it you can see how the community has learned to work on this reliable platform, and at the same time their comments are all positive.
eToro offers the possibility to invest in Bitcoin, various cryptocurrencies, stocks, shares, stock market, etc.. All with the confidence and ease that no other site will give you. And best of all, when you want to withdraw your profit, you will never find excuses or obstacles to do so.