Major U.S. crypto exchange Gemini has scored another partnership, this time with tech giant Samsung Electronics, the company said in a blog post on 28 May.
According to the announcement, U.S. and Canadian users of Samsung’s Blockchain Wallet can now connect directly with the Gemini’s mobile app to buy, sell and trade cryptocurrencies. Samsung’s Blockchain Wallet allows users to self-custody their hard earned cryptocurrency directly on their smartphones, but now with the new partnership, they also have the option of transferring their cryptocurrencies into cold storage.
The announcement reads:
“By connecting their Samsung Blockchain Wallet to Gemini, users can buy and sell crypto, view their Gemini account balances, and also transfer their crypto into cold storage with Gemini Custody for the highest level of security.”
As the post details, this partnership is the first of its kind. Gemini said that they are “the first U.S. crypto exchange and custodian to partner with Samsung”. As Tyler Winklevoss, the Co-Founder and CEO of Gemini, puts it, the new collaboration will give crypto users global options and independence.
He said in a statement:
“Crypto is not just a technology, it is a movement. We are proud to be working with Samsung Blockchain to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world.”
Earlier this year, the Gemini exchange scored another first, this time with its integration with the popular trading platform TradingView. Thanks to the collaboration, investors can trade directly on TradingView, though the integration works only with digital assets supported by the Winklevoss exchange.