Gemini Brings Mobile Capabilities to U.S. and Canadian Samsung Blockchain Wallet Users

June 05, 2020

Cryptocurrency exchange and custodian business Gemini Trust Company is collaborating with Samsung Electronics on mobile blockchain capabilities in the US and Canada. The companies are working together to power the Samsung Blockchain Wallet and bring crypto access to Wallet users in the two countries.

The partnership will enable Samsung Blockchain Wallet users to connect to the Gemini Mobile App to buy, sell and trade cryptocurrency. Gemini's mobile app also enables users to follow market trends, build their crypto portfolios and execute trading strategies.

Users may also view their Gemini account balances as well as transfer their crypto into cold storage using Gemini Custody, which provides high levels of security. The offering includes what is purportedly the largest insurance coverage limit of any global crypto custodian as well as instant liquidity. It supports 24 cryptos for custody with more expected.

“Crypto is not just a technology, it is a movement," said Tyler Winklevoss, CEO of Gemini. "We are proud to be working with Samsung to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world. Now, Samsung Blockchain Wallet customers can buy crypto in a simple, elegant and secure way on Gemini.”

Samsung's Blockchain Wallet is a secure crypto-wallet designed to handle transactions on the go through mobile cryptocurrency management. It features additional protection from Samsung Knox, which leverages the hardware Trusted Execution Environment (TEE) capabilities in the company's flagship mobile devices. The Wallet's authentication data is safely locked away, yet accessible to the user while also protected from security risks typically associated with online crypto-wallets.

Gemini is the first crypto exchange to enable U.S. and Canadian Samsung Blockchain Wallet users to view balances within their wallet app. Those wishing to trade will be directed to the Gemini mobile app but will not need to log-in again to buy and sell.

Edited by Maurice Nagle



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