Introduction to Gemini Marketplace
The Gemini marketplace operates as a centralized cryptocurrency exchange featuring advanced trading tools and a wide selection of digital assets. Its core functionality revolves around central limit order books that follow a price-time priority model, ensuring fair and efficient trade execution.
👉 Discover how Gemini compares to other top exchanges
Available Trading Pairs
Gemini offers an extensive selection of cryptocurrency trading pairs across multiple markets:
| Trading Pair | Market Type |
|---|---|
| BTC/USD | Continuous Order Book |
| ETH/USD | Continuous Order Book |
| SOL/USD | Continuous Order Book |
| XRP/USD | Continuous Order Book |
| BTC/EUR | Continuous Order Book |
| ETH/GBP | Continuous Order Book |
| GUSD/SGD | Continuous Order Book |
Key features:
- 24/7 trading availability (excluding announced maintenance periods)
- Full reserve exchange model (all orders require full funding)
- Real-time order matching with price-time priority
Order Types and Execution Options
Gemini provides sophisticated order types to accommodate various trading strategies:
Market Orders
- Execute immediately at current best available price
- Ideal for quick entry/exit positions
- No price specification required
Limit Orders
- Good 'til Canceled (GTC): Remains active until filled or manually canceled
- Immediate-or-Cancel (IOC): Fills immediately or cancels entirely
- Fill-or-Kill (FOK): Requires complete immediate execution or cancellation
- Maker-or-Cancel (MOC): Only adds liquidity to the order book
Stop-Limit Orders
- Triggers when price reaches specified stop level
- Converts to limit order upon activation
- Helps manage risk and automate trading strategies
👉 Learn advanced trading strategies with our guide
Gemini Clearing™: Off-Exchange Settlement Solution
This proprietary system facilitates secure settlement of pre-arranged trades between Gemini accounts:
Key Benefits
- Instant settlement for pre-funded accounts
- Counterparty risk mitigation through simultaneous verification
- Regulatory compliance with Gemini's KYC/AML standards
- Private transactions not visible on public order books
Workflow Options
- Bilateral Trades: Direct between two parties
- Brokered Trades: Facilitated by authorized third parties
| Feature | Bilateral Trade | Broker Trade |
|---|---|---|
| Fees | 0% | 0% |
| Settlement Window | 1-5 days | 1-5 days |
| Price Collar | ±20% of mid | ±20% of mid |
Market Structure and Controls
Order Priority System
- Strict price-time priority execution
- Partial fills retain queue position
- Equal treatment for orders at same price level
Marketplace Protections
- Price Collars: Auto-cancels orders moving price >5%
- Self-Trade Prevention: Blocks accidental self-matching
- Clearly Erroneous Policy: Cancels obvious pricing mistakes
Frequently Asked Questions
What are Gemini's trading hours?
Gemini operates 24/7 except during scheduled maintenance periods announced via their status page.
How does Gemini ensure fair pricing?
The exchange uses price-time priority matching and has multiple marketplace controls to prevent manipulation.
What makes Gemini Clearing™ unique?
It provides regulated settlement for OTC trades while maintaining privacy and eliminating counterparty risk.
Are there minimum order quantities?
No, Gemini Clearing™ accepts trades of any size, making it accessible to both retail and institutional traders.
Final Thoughts
The Gemini marketplace combines robust trading infrastructure with innovative features like Gemini Clearing™. Its diverse asset selection, multiple order types, and protective controls create a comprehensive trading environment suitable for various experience levels.
For traders seeking a regulated exchange with advanced functionality, Gemini offers a compelling combination of features and security measures.