Digital Asset Firm Gemini Now Supports Crypto Trading with Orca (ORCA), Goldfinch (GFI)

Digital asset firm Gemini recently noted that they are pleased to confirm support for a new set of crypto tokens.

Goldfinch (GFI) is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on [their] Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.”

Orca (ORCA) is now “available for limit-only trading on our API/FIX and ActiveTrader applications for USD.”

Trading via Gemini’s mobile app and website “for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs will open on a rolling basis once liquidity requirements are met.”

GFI and ORCA* can also be “custodied on Gemini.”

Gemini further noted that they are “excited to support more than 110 tokens on Gemini.”

You may learn more about all the digital tokens they support here.

The company says they believe these tokens will “provide value to [their] users as [they] continue to support the growth of the decentralized finance ecosystem.”

Gemini added they look forward “to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.”

As clarified in the update, SPL tokens “can be custodied in Gemini’s exchange wallet, and are not yet available in Gemini Custody.”

As noted in the announcement, Orca is “a decentralized exchange (DEX) built on the Solana blockchain. Orca offers swaps, liquidity pool rewards, and yield farming.”

One of Orca’s notable features “is its fair price indicator, which checks whether the quoted price for a given trade is within 1% of the current market rate on CoinGecko and whether slippage is less than 1%.”

If either of those checks are triggered, the user “receives a rate or slippage warning and is prompted to reconfirm or cancel the trade.”

ORCA is an SPL token compliant “with the Solana network.” ORCA is “used for liquidity pools and governance. Users can earn ORCA and a share of swap fees by providing liquidity.”

Goldfinch is “a decentralized lending protocol that facilitates crypto loans without requiring crypto collateral, with a focus on lending to businesses in emerging markets.”

Goldfinch extends credit lines to businesses that “can then use those credit lines to withdraw USDC, and exchange it for fiat.”

Prospective borrowers “stake Goldfinch (GFI), and auditors manually review if the borrowers are credible enough to be allocated a loan.”

GFI is an ERC-20 utility token “compliant with the Ethereum network. GFI is used for governance and is distributed as rewards to users who interact with the platform.”

Users can “receive tokens by lending USDC to a borrower loan pool or by becoming an auditor.”

Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote



Send this to a friend