Gemini offers a clean, secure way to manage your crypto portfolio. It operates as a licensed New York trust company, subject to regular bank examinations, and it follows cybersecurity audits carried out by the New York Department of Financial Services. Learn more about its security commitment. Gemini also lets you protect your account with a hardware security key using WebAuthn. The platform is SOC 1 Type 2 and SOC 2 Type 2 compliant. Gemini is described as the world’s first cryptocurrency exchange and custodian to complete these examinations. Crypto stored online in the exchange wallet is insured, and Gemini uses cold storage coverage backed by leading insurance providers.