The exchange Gemini he has officially announced that has been integrated into the Samsung Blockchain wallet.
The Korean company, a well-known smartphone manufacturer, About some months ago is committed to offering its users secure storage of private keys for your tokens and its cryptocurrencies, in particular Bitcoin, Ethereum, and TRON.
Thanks to this collaboration with Gemini, users of Samsung Blockchain Wallet They will be able to connect it to the exchange's mobile application and use the tokens stored in it to buy, sell and exchange cryptocurrencies.
This is the Korean giant's first collaboration with a US cryptocurrency exchange, and its specific mission is to make cryptocurrencies available to all Samsung users in the United States and Canada.
In fact, by connecting the wallet built into Samsung devices to Gemini, users will be able to easily buy and sell cryptocurrencies, view their account balances, but also transfer their cryptocurrencies to Gemini Custody Cold storage to achieve a high level of security.
Gemini, in addition to being the exchange founded by the famous Winklevoss twins, is also one of the most attractive cryptocurrency exchanges for traditional investors, with high security standards and compliance with strict US regulations.
In addition, for some time, it has also had internal insurance to provide protection for cryptocurrency deposits of up to $ 200 million.
However, the most important thing is Samsung's growing participation in the world of cryptocurrencies to offer its users increasingly simple and secure tools with which to benefit from these new technologies.
Furthermore, South Korea is one of the countries in which the use of cryptocurrencies is most widespread, with great interest from citizens, in particular regarding the possibility of investing in these new digital assets. Therefore, it is not surprising that the South Korean company, one of the largest smartphone manufacturers in the world, has decided to engage in this area.
It is not unrealistic to imagine that in the not too distant future, all, or almost all, smartphones will be equipped with an integrated cryptocurrency wallet capable of storing tokens and interacting with exchanges, similar to how Samsung Blockchain Wallet is doing with Gemini.
Gemini's COO, Jeanine Hightower-Sellitto, said:
"For millions of Samsung users in the US And Canada, being able to store cryptocurrencies directly on their phones lowers another barrier to entry.
Client demand for regulated crypto products has remained strong across the investment spectrum, from retailers to institutional investors, throughout the pandemic and we expect demand to continue to grow. ”