Sell Gemini Dollar (GUSD)

The Gemini Dollar (GUSD) stands out as the first regulated stablecoin globally, merging the reliability and stability of the U.S. dollar with the innovative capabilities of blockchain technology and the guidance of U.S. regulatory bodies.

You can obtain Gemini dollars on a 1-to-1 basis for U.S. dollars through the Gemini platform. These digital tokens operate on the Ethereum network, providing flexibility and accessibility.

Issuer
The Gemini dollar is managed by the Gemini Trust Company, LLC, which is a licensed trust company based in New York.

Banking
The U.S. dollars that back the circulating Gemini dollars are securely held in a U.S. bank and qualify for FDIC “pass-through” deposit insurance, ensuring protection subject to specific limitations.

Oversight
To maintain transparency, the balance of U.S. dollar deposits is reviewed monthly by an independent registered public accounting firm, confirming that the 1:1 peg is consistently maintained. All reports from this independent auditing process are publicly accessible.

Security Audit
As a cryptographic token, the Gemini dollar adheres to the ERC20 standard on the Ethereum network. The smart contract code governing GUSD has undergone an audit by Trail of Bits, Inc., a reputable information security research and development firm, and their findings are also made available to the public.

Founded four years ago, Gemini's mission is to create a pathway to the future of finance. The Gemini dollar seeks to offer the creditworthiness and price stability associated with the U.S. dollar, combined with the advantages of blockchain technology and oversight from the New York State Department of Financial Services.

Key characteristics of the Gemini dollar include:

1. Issuance by Gemini, a licensed trust company in New York.
2. A strict 1:1 peg to the U.S. dollar.
3. Construction on the Ethereum network in accordance with ERC20 token standards.

Starting on September 10, 2018, users will be able to convert U.S. dollars in their Gemini accounts into Gemini dollars and transfer them to an Ethereum address. Additionally, GUSD can be converted back to USD within your Gemini account. Plans are underway for GUSD to be listed on the Bibox exchange in the near future.

• Compare prices across exchanges — GUSD prices can vary between platforms. Use the comparison table above to find the best deal.
• Check the security grade — Prioritize exchanges with higher security grades (A or B) to keep your funds safe.
• Start with a small amount — If you're new to Gemini Dollar, consider starting with a smaller investment to understand how the market works.
• Use two-factor authentication — Always enable 2FA on your exchange account to add an extra layer of security.
• Consider using a hardware wallet — For long-term holding, transfer your GUSD to a hardware wallet for maximum security.