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Software · head to head

FTX vs Gemini

F

FTX

Software

Cryptocurrency derivatives exchange

From
Free
Rated
-
Full reviewWebsite
Gemini logo

Gemini

Software

Google's most capable AI model

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only FTX has a free tier, so it costs nothing to try first.
  • Each has a real cost: FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022; Gemini high fees on standard web interface at 1.49% transaction plus 0.50% convenience fee, with minimum $0.99 charge on small orders
  • They diverge on capability: FTX covers Futures Trading, Gemini covers Multimodal understanding.

Where they differ

Only the attributes on which FTX and Gemini actually diverge.

Attributes where FTX and Gemini differ
AttributeFTXGemini
Starting priceFreeOn request
Pricing modelfreemiumUnknown
Free tierYesNo
Founded20192014

Identical on both: platforms (Web, Ios, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FTX

  • Futures Trading
  • Options
  • Leveraged Tokens
  • Spot Trading
  • FTT Token
  • Serum DEX

Only in Gemini

  • Multimodal understanding
  • Code generation
  • Image analysis
  • Long context
  • Google Workspace
  • Android
  • API access
  • Api support

Both cover

  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

FTX

  • Exchangesnot Gemini
  • Derivativesnot Gemini
  • Tradingnot Gemini

Gemini

  • ai tools managementnot FTX
  • Workflow automationnot FTX
  • Reportingnot FTX

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FTX

  • The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
  • Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
  • Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
  • It is not a service anyone can sign up for; the estate exists to repay creditors

Gemini

  • High fees on standard web interface at 1.49% transaction plus 0.50% convenience fee, with minimum $0.99 charge on small orders
  • Limited cryptocurrency selection compared to Coinbase and Kraken, focusing on compliance over breadth
  • Derivatives platform has low average trading volumes under $68 million per week
  • Futures trading unavailable in major markets including U.S., UK, and European Union
  • No passive income products such as interest rates, lending, or loans
  • Customer support issues with delayed response times and challenging verification process

Pricing, plan by plan

FTX

Free
  • StandardFree
    • Spot trading
    • Futures
    • Options

Gemini

On request
  • Web Exchange$undefined/mo
    • 0.50% convenience fee
    • 1.49% transaction fee
    • Minimum $0.99 per order
  • ActiveTrader$undefined/mo
    • 0.40% taker / 0.20% maker (base rates)
    • Descending to 0.03% taker / 0.00% maker for high volumes
    • Advanced charting and order types
  • Institutional$undefined/mo
    • Custody solutions
    • Dedicated support
    • FIX API access

Which should you pick?

Choose FTX if

  • You need futures trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want options.
FTX review

Choose Gemini if

  • You need multimodal understanding.
  • You work on Web, iOS, Android.
  • You also want code generation.
Gemini review

Questions people ask

Is FTX or Gemini better?
Neither clearly leads. FTX starts at Free and Gemini at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FTX or Gemini?
FTX has a free tier; the other does not. Paid plans start at Free for FTX and On request for Gemini.
Does FTX or Gemini run on more platforms?
FTX runs on Web, Ios, Android. Gemini runs on Web, iOS, Android.
Can I use FTX for free?
Yes. FTX has a free tier, so you can try it without paying. Gemini starts at On request.
What is FTX best used for?
FTX is most often used for exchanges, derivatives, trading. Of those, exchanges and derivatives are not what Gemini is typically brought in for.
What can FTX do that Gemini cannot?
FTX covers Futures Trading, Options, Leveraged Tokens, Spot Trading. Gemini covers Multimodal understanding, Code generation, Image analysis, Long context. Both handle Web support, Ios support, Android support.

Answered from the vendors’ own pages

FTX: What happened to FTX?

FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.

Source
Gemini: Is Gemini available in all countries?

Gemini is available in 60+ countries across all major regions (Americas, Europe, Asia, Africa, Oceania), though specific services and regulatory status vary by location. Futures trading is restricted in major markets including the U.S., UK, and European Union.

Source
FTX: Can I recover funds from FTX bankruptcy?

FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.

Source
Gemini: What cryptocurrencies does Gemini support?

Gemini supports approximately 76+ cryptocurrencies with around 300+ trading pairs, focusing on established digital assets rather than offering the broadest selection of altcoins compared to competitors.

Source
Gemini: What are Gemini's trading fees?

Web exchange fees are 0.50% convenience fee plus 1.49% transaction fee (minimum $0.99 for orders under $200). ActiveTrader platform fees start at 0.40% taker and 0.20% maker, dropping to 0.03% taker and 0.00% maker for volumes over $500M. Instant Buy charges 2.49% regardless of payment method.

Source
Gemini: Does Gemini offer APIs for developers?

Yes. Gemini provides WebSocket, REST, and FIX APIs for real-time market data, order placement, and direct access to the trading engine. A sandbox environment is available for testing before production deployment.

Source
Gemini: Does Gemini have passive income products like staking?

Gemini offers staking services but does not offer interest rates, lending, or loans as passive income products. The platform focuses primarily on spot trading and derivatives.

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