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11 December 2018: 14 & nbspUTC
| updated:
11 December 2018 at 20: 17 & nbspUTC
The Winklevoss twins are reaching new heights with the announcement of the launch of a mobile application for cryptography. The brothers have long enjoyed a considerable degree of pre-eminence in the world of the crypt, both in their ability to be the men behind Gemini, one of the best exchanges of cryptocurrency in the market; their fight with the SEC on the proposals of the Bitcoin ETF or their case against Charlie Shrem. Accustomed to making news, the two have now developed a project that has many promises for users crypted far and wide.
While cryptographic applications are by no means a rarity, with new ones never proliferating, one that comes from the founders of the Gemini Exchange seems to have an advantage over existing competitors in a crowded market. According to a blog post published on December 11th 2018, from the account of Tyler Winklevoss, the new Gemini mobile app will combine trading options with an innovative investment vehicle.
The new offering will allow users to buy and sell virtual currencies simply by touching the screens of their mobile phones. They will be helped in their business decisions by the price tracker that tells them more than just the current price of an encrypted currency. We know that most coins have had their ups and downs in their market history and price stories allow us to understand the investment potential and market trends. This is why the price tracker incorporates a feature designed to also track the price history of a currency. However, this function is currently limited to the most popular coins on the market such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, ZCash etc.
You can also read: History of Bitcoin prices
It is expected that the app will provide a seamless user experience, allowing users to view the total value of the wallet and be alerted whenever the value or price of their coins changes. The buying process is facilitated by adding a "recurring buy" option.
Portfolio diversification with Cryptoverse
The most exciting addition to this offer is an investment vehicle called Cryptoverse. This will allow a user to create a diversified portfolio at a given time, as it serves as a basket of genres, with virtual currencies weighted according to their current market capitalization. Everything can be purchased in one set.
An excerpt from the blog post Media reads:
We have spent the last three years building the most reliable cryptocurrency platform in the world and today we are delighted to extend it to your liking and allow you to interact with cryptocurrency wherever you are and at any time. The Gemini Mobile app represents a further step towards building the future of money.
We can only hope that this new app will climb new heights and open new horizons for the cryptic world.
Rushali Shome
Rushali Shome is a history student with a keen interest in word games, politics and beyond. When you do not type furiously in the "Notes" section of your phone, it can be found by trying to capture the servers' attention in restaurants or weddings for a second help.
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