BTEx will be the very first exchange to officially list Gemini Dollar(GUSD) and launch GUSD markets. Deposits will be available from 20:00, September 26, 2018 (GMT+8). ETH/GUSD trading will be available since 12:00, September 27, 2018 (GMT+8). Withdrawals will be available since 12:00, September 28, 2018 (GMT+8).
The Gemini dollar is a cryptographic token that is issued by a New York trust company, strictly pegged 1:1 to the U.S. dollar, and built on the Ethereum network  according to the ERC20 standard for tokens. The Gemini dollar is a stable value coin that combines the creditworthiness and price stability of the U.S. dollar with the technological advantages of a cryptocurrency and the oversight of U.S. regulators. As an ERC20 compliant token, the Gemini dollar can be transferred on the Ethereum network. Gemini dollars are created at the time of withdrawal from the Gemini platform and redeemed or “destroyed” at the time of deposit into the Gemini platform
Users are advised to carefully read the tips in the deposit/withdrawal page for this token before effecting any balance transfers. Users who fail to adhere to the warnings specified within may lose the transfer amount, especially if it does not meet the minimum quantity. In doubt, please reach out to Customer Support.
Investing in digital assets comes with high risks due to huge price fluctuations. Before investing, please have a full understanding of all the risks of investing in digital assets and be prudent of your own investment decisions.
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September 26, 2018