Gemini, one of the largest US-based crypto exchanges, is continuing with its plans to expand. It has already made a move to establish itself in Singapore, where is currently live at the time of writing. The exchange, founded and run by the Winklevoss twins, also announced new listing, hires, as well as a number of new features.
Gemini announces its expansion to Singapore
Gemini has already established a strong foothold in North America, and now, it aims to expand and offer its services in other regions known for their attraction to digital currencies. One such location is Singapore, which is one of the biggest markets, according to a recent statement by Tyler Winklevoss.
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He also added that the exchange now supports the local currency, SGD, as part of the expansion. For Gemini, this represents a major milestone in its mission to empower individuals.
For Singapore locals, it means an easy way to access the crypto industry directly, without having to exchange their SGD for USD first.
Gemini announced 20 new tokens
Seeking to empower individuals through crypto, Gemini also decided to add a number of new tokens for trading. Apart from simply allowing people to access crypto more easily, the exchange also seeks to let people access DeFi more directly.
This is why many of the 20 new coins that it added for trading include DeFi tokens, including Filecoin (FIL), yearn.finance, as well as Uniswap, the native token of the world’s largest DEX.
And, thanks to the listing of the Singapore dollar, users are now able to transfer money not only directly, but also quickly, and to buy crypto with their debit cards. On top of that, locals can also use MyInfo via SingPass, and auto-fill registration forms for Gemini, to speed up the onboarding process.
Lastly, Gemini also announced that it wishes to hire a number of people for new roles in its Asia-Pacific branch.
