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Where is Gemini Located. The exchange is located in the USA. It started to operate in 2015 after getting approval from the State Department of Financial Services of New York. The owners are Cameron and Tyler Winklevoss. They set a goal from the very beginning to create the digital cryptocurrency exchange completely regulated worldwide.
Owning Bitcoins. Bitcoins are stored in a âdigital wallet,â which exists either in the cloud or on a userâs computer. The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money.Unlike bank accounts, bitcoin wallets are not insured by the FDIC.everal marketplaces called âbitcoin exchangesâ allow people to buy or sell bitcoins using different currencies. Mt. Gox is the largest bitcoin exchange. Transfers. People can send bitcoins to each other using mobile apps or their computers.