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Gemini lists seven DeFi tokens

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Cryptocurrency exchange Gemini announced that the platform will now enable trading and custody for seven new DeFi tokens such as Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA), Uniswap (UNI), and Yearn.finance (YFI).

In addition to this, Gemini stated that five other tokens namely, Decentraland (MANA), Kyber Network (KNC), Maker (MKR), Storj (STORJ), and 0x (ZRX) will also be available for trading on Gemini as the platform had only supported the five tokens’ custody. 

Furthermore, the exchange will begin its support for custody for tokens like Keep Network (KEEP), Wrapped Bitcoin (wBTC), and tBTC (tBTC), from today onwards. 

With these new listings, Gemini now offers trading and custody support for a total of 24 cryptos and custody support for another 10 cryptos. According to Gemini, their exchange would be the first regulated platform to offer trading and custody support of BAL, CRV, KNC, MKR, REN, SNX, STORJ, UMA, UNI, YFI, and ZRX, in the State of New York.

The announcement detailed that deposits for these tokens will open at 8 am ET and trading via limit orders will begin at 11 am ET on Gemini’s crypto trading platform. The company also announced that Gemini’s website and mobile trading app will begin rolling out and enable the trading of these new tokens as liquidity builds for each.  

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Alisha is a full-time journalist at AMBCrypto. Her interests lie in blockchain technology, crypto-crimes, and market developments in Africa and the United States