The Gemini crypto exchange will begin accepting deposits in PAX Gold (PAXG), Amp (AMP) and Compound (COMP), and trading will begin on September 15th.
Gemini will offer US dollar trading pairs for PAXG, AMP and COMP through its ActiveTrader platform and API connections. The exchange will also provide trading and storage support for 12 cryptocurrencies and storage for 13 cryptocurrencies.
Gemini co-founder Tyler Winklevoss tweeted that the addition of PAXG, COMP and AMP shows the exchange’s commitment to DeFi.
Gemini said in a statement that the three assets “extend the reach of our platform and continue our mission of empowering people through encryption.” The exchange said it was working closely with the New York State Department of Financial Services to obtain approval to provide services for the new assets.
Several major exchanges have started listing DeFi tokens. Coinbase, Houbi, Poloniex, OKEx, and Binance have listed several of DeFi’s projects.
Although Gemini is offering DeFi tokens, Winklevoss is still bullish on Bitcoin. He expected the value of Bitcoin to reach $ 500,000.