Samsung Blockchain Wallet Integrates With Gemini Crypto Exchange | Samsung Blockchain Wallet Review
Crypto exchange Gemini and Samsung announced the integration of services
South Korean company Samsung adds support for Gemini exchange to its blockchain wallet.
The partnership between the two companies will facilitate access to cryptocurrencies for 4 million Samsung users in North America.
Samsung holds about 20% of the global smartphone market.
The technology giant Samsung Electronics announced a partnership with the Gemini cryptocurrency exchange and the integration of its services into its cryptocurrency wallet.The popularity of cryptocurrencies around the world continues to grow, so the topic of safe storage of their digital assets is becoming increasingly important. BeInCrypto editorial staff…
As it became known today, soon over 4 million users of Samsung smartphones in the USA and Canada will be able to buy cryptocurrency directly from their gadgets..
Samsung added support for Gemini
According to the official announcement of Gemini cryptocurrency exchange, it and South Korean tech heavyweight Samsung have reached an agreement to integrate Gemini’s trading and custodial services into Samsung’s embedded cryptocurrency wallet..
Thus, the Winklevoss brothers’ project became the first American cryptocurrency trading platform to receive support from Samsung..
Now users of devices of this brand will be able to store their digital assets, as well as perform various operations with cryptocurrency directly through the Gemini mobile application integrated on their phone.
Commenting on the new partnership, Tyler Winklevoss, CEO of Gemini, said in a press release:
“We are proud to work together with Samsung to provide more people around the world with more choice, more independence and greater empowerment. Now users of the Samsung blockchain wallet will be able to easily and securely buy cryptocurrencies on Gemini “.
As a reminder, Samsung first introduced embedded crypto wallets over a year ago in the Galaxy S10 lineup. At the moment, this feature is supported by a number of other smartphones of the company, including the Samsung Galaxy S20 and Galaxy Z Flip. According to Counterpoint Research data for the 1st quarter of this year, the company held about 20% of the global smartphone market, ahead of Apple..
Full, transparent and easy-to-use integration of Samsung and Gemini apps will relieve users of the multi-step steps that traditionally have accompanied the use and trading of cryptocurrencies..
Such difficulties have largely hampered the popularization of digital assets..
Earlier, the editorial staff of BeInCrypto already said that, in addition to Samsung, every South Korean heavyweight conglomerate has already been involved in one way or another in blockchain technology..
The Seoul authorities announced last year their intention to transfer city administrative services to blockchain. In addition, South Korea has recently officially legalized cryptocurrency trading on its territory..
Do you think that adding support for Gemini services to Samsung’s crypto wallet will help popularize and mass adoption of cryptocurrencies? Share your opinion on comments and join the discussion in our Telegram channel!
All information, contained on our website, published on principles of good faith and objectivity, and for informational purposes only. The reader bears the full responsibility for any actions, committed by him on the basis of information, obtained from our website.