New York-based digital asset exchange Gemini has announced the expansion of its services to Canada, which marks the beginning of its international expansion plans.
“We are thrilled to announce the expansion of Gemini services to the Great White North! This is just the beginning of Gemini’s international expansion and our tireless pursuit of building a world-class digital asset exchange with global reach”, the official announcement reads.
Registered customers in Canada will now be able to trade bitcoin and ether on Gemini’s ETH/BTC order book. This means that registered customers will be able to buy ETH with BTC, and sell ETH for BTC.
Gemini is now open in Canada! Customers in the Great White North can now trade BTC & Ether on our BTC/ETH order book pic.twitter.com/e53kCDpqkD
— Gemini (@GeminiDotCom) June 6, 2016
Gemini added that it will soon open its USD order books (BTC/USD and ETH/USD) to Canadian customers as well. As a registered customer, this will allow users to
- Buy BTC with USD or ETH, and sell BTC for USD or ETH
- Buy ETH with USD or BTC, and sell ETH for USD or BTC
Last month, the New York State Department of Financial Services (NYSDFS) authorized Gemini Trust Company, LLC to offer the trading of Ether, an emerging cryptocurrency, on its platform. With this development, Gemini became the first licensed ether exchange in the world.