Gemini Exchange Partners With Samsung

U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration.

The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini's mobile application, a statement provided to Cointelegraph said.   

The first U.S. crypto partnership

The partnership is reportedly the first of its kind. "Gemini is the first U.S. crypto exchange and custodian to partner with Samsung," the statement said.

Cointelegraph reached out to Samsung to confirm details of the partnership, but did not receive a response as of press time. This article will be updated as necessary, pending a response. 

The specs suit Samsung users 

Downloadable on Samsung Galaxy phones, the tech giant's wallet acts as a crypto storage location. A result of the collaboration, the wallet can now connect with the Gemini exchange.

The statement detailed:

"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."   

The collaboration gives digital asset users global options and independence — features inherent in cryptocurrencies at their core, Gemini co-founder Tyler Winklevoss said in the statement. 

Twin brothers Tyler and Cameron Winklevoss recently joined podcaster Peter McCormack for an interview, explaining regulation as a necessary but delicate dance. Gemini aims to protect users' privacy while still sensitive to the roots of cryptocurrency.