Gemini
Centralized exchangeA US-regulated exchange and New York trust company; it has left the UK, the EU and Australia.
- Spot fee
- 0.6% / 1.2%
- 0% on select stablecoin pairs
- Coins with a halal verdict
- 0
- of those listed here
- Available in
- 3 of 20
- countries we track
- Checked
- Sep 27, 2026
Reliability
6.2/ 10
US trust-company regulation; the 2022 Earn freeze ended with a full in-kind return in 2024.
Score updated
- Proof of reserves4.0
- Licences8.0
- Incident history6.0
- Segregation of funds8.0
- Insurance fund3.0
- Security practices9.0
Liberandum halal verdict
Suitable with care
Spot trades in halal coins are fine with care; avoid staking for yield, derivatives, prediction markets and credit.
Use
- Spot trading, halal coins only
Avoid
- Staking, lending, credit
- Derivatives, predictions
More details
Gemini is a US-regulated exchange (New York trust company) where spot buying and selling with immediate settlement is available. As of September 2026 it has left the UK, EU and Australia and does not serve the Gulf states. It has no Shariah-certified product or Shariah token screening, so a Muslim user must stick to spot trades in halal coins and avoid staking-for-yield, derivatives, prediction markets and credit products. Spot trading on Gemini (the app's Buy/Sell and ActiveTrader) settles immediately against the user's own balance, which meets the AAOIFI requirement of hand-to-hand exchange for currencies (Shariah Standard No. 1) and the settlement conditions of Shariah Standard No. 20. Gemini also offers or is building products a Muslim user should avoid: prediction markets on its CFTC-regulated exchange Gemini Titan, cleared by Gemini Olympus (these are wagers on outcomes and fail the maysir test), planned futures, options and perpetual contracts, staking and a credit card. The former Gemini Earn programme was a lending product with a fixed return (riba); it was frozen in November 2022 when its partner Genesis halted withdrawals. Under a February 2024 settlement with the New York Department of Financial Services (NYDFS), Gemini paid USD 37 million and contributed USD 40 million to the Genesis bankruptcy, and in May-June 2024 Earn users received 100% of their assets back in kind (about USD 2.18 billion). The CFTC's USD 5 million January 2025 settlement over earlier statements is, as of September 2026, the subject of a joint motion to vacate filed in May 2026. Gemini has no Islamic account, no Shariah-certified earn product and no Shariah screening of listed tokens, so each coin must be checked separately. Reliability is moderate (6.2/10): strong US licensing plus a Singapore MAS licence (September 2026), SOC 1/SOC 2 Type 2 examinations by Deloitte and ISO 27001, customer assets held under New York trust law, but no regular public proof-of-reserves attestation and no disclosed reserve fund. Availability is narrow for Muslim-majority markets: Gemini's list covers Turkey and Egypt (without local licences) but not the UAE, Saudi Arabia, Indonesia or Malaysia, and UK and EEA accounts were closed on 6 April 2026.
How to use Gemini the halal way
What is allowed and what to avoid on this exchange
- Allowed
Spot
Settles immediately against your balance
- Allowed
Convert
Instant swap, settles like spot
- Avoid
Staking
Fixed-yield staking not certified
- Avoid
Savings and Earn
Discontinued Earn was interest-like
- Avoid
Margin
Trading with borrowed money
- Avoid
Futures and options
Perpetual contracts, no delivery
- Avoid
Loans
Credit products pay interest-like returns
- Avoid
Structured products
Fixed return, not certified
No dedicated halal product
Gemini offers no Islamic (swap-free) account and no Shariah-certified earn or staking product. Its former Gemini Earn programme was a lending product with a promised return and was discontinued after the Genesis freeze in November 2022; its current staking and credit products are not Shariah-certified.
No token screening
Gemini does not screen listed tokens for Shariah compliance. Its listing review is a general legal and risk review, not a Shariah screen, so each coin should be checked on Liberandum before buying.
Step by step
How to trade halal on Gemini
Create an account and verify your identity
Sign up at gemini.com or in the Gemini app from a supported country and complete identity verification. Enable two-factor authentication with a hardware security key if you can, and turn on address allowlisting for withdrawals.
Deposit fiat without interest-bearing products
In the US, deposit USD by ACH or wire (both free). Avoid funding with the Gemini Credit Card or any borrowed money. Do not move funds into staking or any product that promises a return.
Check each coin on Liberandum first
Gemini does not screen tokens for Shariah compliance. Before buying, look up the coin's halal status on Liberandum and skip coins rated non-compliant or doubtful.
Buy with spot orders only
Use Buy/Sell in the app or spot order books in ActiveTrader, where the trade settles immediately against your own balance. ActiveTrader has much lower fees than the simple app flow.
Avoid derivatives, predictions and yield products
Do not use perpetual contracts or other derivatives, Gemini Predictions (wagers on outcomes), staking for fixed yield or any lending product. These fail the Shariah conditions on settlement, gharar, maysir or riba.
Withdraw to self-custody
Move long-term holdings to your own wallet. Crypto withdrawal fees are dynamic and shown before you confirm; ACH withdrawals are free and USD wires cost USD 25.
Availability
Where Gemini serves users and under which licence
Your country:Choose your country
- Bahrain
- Bangladesh
- Egypt
- European Union
- Indonesia
- Jordan
- Kazakhstan
- Kuwait
- Malaysia
- Morocco
- Nigeria
- Oman
- Pakistan
- Qatar
- Saudi Arabia
- Türkiye
- United Arab Emirates
- United Kingdom
- United States
- Uzbekistan
- Afghanistanno data
- Åland Islandsno data
- Albaniano data
- Algeriano data
- American Samoano data
- Andorrano data
- Angolano data
- Anguillano data
- Antarcticano data
- Antigua & Barbudano data
- Argentinano data
- Armeniano data
- Arubano data
- Australiano data
- Austriano data
- Azerbaijanno data
- Bahamasno data
- Barbadosno data
- Belarusno data
- Belgiumno data
- Belizeno data
- Beninno data
- Bermudano data
- Bhutanno data
- Boliviano data
- Bosnia & Herzegovinano data
- Botswanano data
- Bouvet Islandno data
- Brazilno data
- British Indian Ocean Territoryno data
- British Virgin Islandsno data
- Bruneino data
- Bulgariano data
- Burkina Fasono data
- Burundino data
- Cambodiano data
- Cameroonno data
- Canadano data
- Cape Verdeno data
- Caribbean Netherlandsno data
- Cayman Islandsno data
- Central African Republicno data
- Chadno data
- Chileno data
- Chinano data
- Christmas Islandno data
- Cocos (Keeling) Islandsno data
- Colombiano data
- Comorosno data
- Congo - Brazzavilleno data
- Congo - Kinshasano data
- Cook Islandsno data
- Costa Ricano data
- Côte d’Ivoireno data
- Croatiano data
- Cubano data
- Curaçaono data
- Cyprusno data
- Czechiano data
- Denmarkno data
- Djiboutino data
- Dominicano data
- Dominican Republicno data
- Ecuadorno data
- El Salvadorno data
- Equatorial Guineano data
- Eritreano data
- Estoniano data
- Eswatinino data
- Ethiopiano data
- Falkland Islands (Islas Malvinas)no data
- Faroe Islandsno data
- Fijino data
- Finlandno data
- Franceno data
- French Guianano data
- French Polynesiano data
- French Southern Territoriesno data
- Gabonno data
- Gambiano data
- Georgiano data
- Germanyno data
- Ghanano data
- Gibraltarno data
- Greeceno data
- Greenlandno data
- Grenadano data
- Guadeloupeno data
- Guamno data
- Guatemalano data
- Guernseyno data
- Guineano data
- Guinea-Bissauno data
- Guyanano data
- Haitino data
- Heard & McDonald Islandsno data
- Hondurasno data
- Hong Kongno data
- Hungaryno data
- Icelandno data
- Indiano data
- Iranno data
- Iraqno data
- Irelandno data
- Isle of Manno data
- Israelno data
- Italyno data
- Jamaicano data
- Japanno data
- Jerseyno data
- Kenyano data
- Kiribatino data
- Kyrgyzstanno data
- Laosno data
- Latviano data
- Lebanonno data
- Lesothono data
- Liberiano data
- Libyano data
- Liechtensteinno data
- Lithuaniano data
- Luxembourgno data
- Macaono data
- Madagascarno data
- Malawino data
- Maldivesno data
- Malino data
- Maltano data
- Marshall Islandsno data
- Martiniqueno data
- Mauritaniano data
- Mauritiusno data
- Mayotteno data
- Mexicono data
- Micronesiano data
- Moldovano data
- Monacono data
- Mongoliano data
- Montenegrono data
- Montserratno data
- Mozambiqueno data
- Myanmar (Burma)no data
- Namibiano data
- Nauruno data
- Nepalno data
- Netherlandsno data
- New Caledoniano data
- New Zealandno data
- Nicaraguano data
- Nigerno data
- Niueno data
- Norfolk Islandno data
- North Koreano data
- North Macedoniano data
- Northern Mariana Islandsno data
- Norwayno data
- Palauno data
- Palestineno data
- Panamano data
- Papua New Guineano data
- Paraguayno data
- Peruno data
- Philippinesno data
- Pitcairn Islandsno data
- Polandno data
- Portugalno data
- Puerto Ricono data
- Réunionno data
- Romaniano data
- Russiano data
- Rwandano data
- Samoano data
- San Marinono data
- São Tomé & Príncipeno data
- Senegalno data
- Serbiano data
- Seychellesno data
- Sierra Leoneno data
- Singaporeno data
- Sint Maartenno data
- Slovakiano data
- Sloveniano data
- Solomon Islandsno data
- Somaliano data
- South Africano data
- South Georgia & South Sandwich Islandsno data
- South Koreano data
- South Sudanno data
- Spainno data
- Sri Lankano data
- St. Barthélemyno data
- St. Helenano data
- St. Kitts & Nevisno data
- St. Luciano data
- St. Martinno data
- St. Pierre & Miquelonno data
- St. Vincent & Grenadinesno data
- Sudanno data
- Surinameno data
- Svalbard & Jan Mayenno data
- Swedenno data
- Switzerlandno data
- Syriano data
- Taiwanno data
- Tajikistanno data
- Tanzaniano data
- Thailandno data
- Timor-Lesteno data
- Togono data
- Tokelauno data
- Tongano data
- Trinidad & Tobagono data
- Tunisiano data
- Turkmenistanno data
- Turks & Caicos Islandsno data
- Tuvaluno data
- U.S. Outlying Islandsno data
- U.S. Virgin Islandsno data
- Ugandano data
- Ukraineno data
- Uruguayno data
- Vanuatuno data
- Vatican Cityno data
- Venezuelano data
- Vietnamno data
- Wallis & Futunano data
- Western Saharano data
- Yemenno data
- Zambiano data
- Zimbabweno data
- Country not found
Choose your country to see availability
Not available in United Arab Emirates
- Licence
- No UAE licence; the UAE is not on Gemini's areas-of-availability list as of September 2026.
- KYC
- Not applicable
Not available in Saudi Arabia
- Licence
- No local licence; Saudi Arabia is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Qatar
- Licence
- No local licence; Qatar is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Kuwait
- Licence
- No local licence; Kuwait is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Bahrain
- Licence
- No local licence; Bahrain is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Oman
- Licence
- No local licence; Oman is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Jordan
- Licence
- No local licence; Jordan is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Available in Egypt
- Licence
- Listed by Gemini as a supported country; no Egyptian licence is disclosed by Gemini. Check local rules on crypto before using it.
- KYC
- Identity verification with a government ID required before trading
Not available in Morocco
- Licence
- No local licence; Morocco is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Available in Türkiye
- Licence
- Listed by Gemini as a supported country; no Turkish licence is disclosed by Gemini.
- KYC
- Identity verification with a government ID required before trading
Not available in Indonesia
- Licence
- No local licence; Indonesia is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Malaysia
- Licence
- No local licence; Malaysia is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Pakistan
- Licence
- No local licence; Pakistan is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Bangladesh
- Licence
- No local licence; Bangladesh is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Kazakhstan
- Licence
- No local licence; Kazakhstan is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Uzbekistan
- Licence
- No local licence; Uzbekistan is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in Nigeria
- Licence
- No local licence; Nigeria is not on Gemini's areas-of-availability list.
- KYC
- Not applicable
Not available in United Kingdom
- Licence
- Gemini closed all UK customer accounts effective 6 April 2026 (withdrawal-only from 5 March 2026).
- KYC
- Not applicable
Available in United States
- Licence
- Gemini Trust Company, LLC (NYDFS limited-purpose trust company) for ID, LA, NY, OH, TX; Gemini Moonbase, LLC (state money transmitter licences) for other states.
- KYC
- Full KYC (government ID and personal details) required before trading
- Local currency
- USD via ACH (free), wire (free in), debit card (3.49%) and PayPal (2.5%)
Not available in European Union
- Licence
- Gemini received a MiCA licence from Malta's MFSA in August 2025 but closed all EEA customer accounts effective 6 April 2026.
- KYC
- Not applicable
- United Arab EmiratesUnavailable
No UAE licence; the UAE is not on Gemini's areas-of-availability list as of September 2026.
- Saudi ArabiaUnavailable
No local licence; Saudi Arabia is not on Gemini's areas-of-availability list.
- QatarUnavailable
No local licence; Qatar is not on Gemini's areas-of-availability list.
- KuwaitUnavailable
No local licence; Kuwait is not on Gemini's areas-of-availability list.
- BahrainUnavailable
No local licence; Bahrain is not on Gemini's areas-of-availability list.
- OmanUnavailable
No local licence; Oman is not on Gemini's areas-of-availability list.
- JordanUnavailable
No local licence; Jordan is not on Gemini's areas-of-availability list.
- EgyptAvailable
Listed by Gemini as a supported country; no Egyptian licence is disclosed by Gemini. Check local rules on crypto before using it.
- MoroccoUnavailable
No local licence; Morocco is not on Gemini's areas-of-availability list.
- TürkiyeAvailable
Listed by Gemini as a supported country; no Turkish licence is disclosed by Gemini.
- IndonesiaUnavailable
No local licence; Indonesia is not on Gemini's areas-of-availability list.
- MalaysiaUnavailable
No local licence; Malaysia is not on Gemini's areas-of-availability list.
- PakistanUnavailable
No local licence; Pakistan is not on Gemini's areas-of-availability list.
- BangladeshUnavailable
No local licence; Bangladesh is not on Gemini's areas-of-availability list.
- KazakhstanUnavailable
No local licence; Kazakhstan is not on Gemini's areas-of-availability list.
- UzbekistanUnavailable
No local licence; Uzbekistan is not on Gemini's areas-of-availability list.
- NigeriaUnavailable
No local licence; Nigeria is not on Gemini's areas-of-availability list.
- United KingdomUnavailable
Gemini closed all UK customer accounts effective 6 April 2026 (withdrawal-only from 5 March 2026).
- United StatesAvailable
Gemini Trust Company, LLC (NYDFS limited-purpose trust company) for ID, LA, NY, OH, TX; Gemini Moonbase, LLC (state money transmitter licences) for other states.
- European UnionUnavailable
Gemini received a MiCA licence from Malta's MFSA in August 2025 but closed all EEA customer accounts effective 6 April 2026.
Presence by country
- United Arab EmiratesNot on Gemini's areas-of-availability list; no VARA, ADGM or DFSA licence found.Unavailable
- Saudi ArabiaNot on Gemini's areas-of-availability list; no local licence.Unavailable
- TürkiyeListed as supported by Gemini; no Turkish licence disclosed.Available
- EgyptListed as supported by Gemini; no Egyptian licence disclosed.Available
- IndonesiaNot on Gemini's areas-of-availability list; no Bappebti/OJK licence.Unavailable
- MalaysiaNot on Gemini's areas-of-availability list; no Securities Commission Malaysia registration.Unavailable
- NigeriaNot on Gemini's areas-of-availability list; no SEC Nigeria registration.Unavailable
Reliability in detail
Overall 6.2 of 10
Proof of reserves
4.0Gemini states customer assets are held 1:1 and publishes audited financial statements (latest December 2025), but as of September 2026 its Trust Center lists no regular proof-of-reserves attestation with a Merkle tree for user verification.
Licences
8.0NYDFS limited-purpose trust company, money transmitter licences in 48 US jurisdictions, CFTC DCM (Gemini Titan, December 2025) and DCO (Gemini Olympus, April 2026), and a MAS Major Payment Institution licence for Gemini Digital Payments Singapore (September 2026). MiCA (MFSA, August 2025) and UK FCA authorisations lost relevance after the April 2026 exit.
Incident history
6.0Gemini Earn assets were frozen from November 2022 after Genesis halted withdrawals; users got 100% back in kind by June 2024. NYDFS fined Gemini USD 37 million (February 2024) over Genesis due diligence. The USD 5 million CFTC settlement of January 2025 is subject to a joint motion to vacate (May 2026).
Segregation of funds
8.0Gemini Trust Company is a fiduciary and qualified custodian under New York Banking Law; Gemini says customer fiat and crypto are held in accounts segregated from its own. Controls are covered by Deloitte SOC 1 Type 2 examinations, but no public reserve attestation confirms balances.
Insurance fund
3.0No user protection fund is disclosed, and Gemini's own security and Trust Center pages state no insurance coverage amount as of September 2026.
Security practices
9.0Mandatory 2FA with hardware key support and withdrawal address allowlisting; SOC 1 Type 2 and SOC 2 Type 2 examinations by Deloitte (latest period to 30 September 2025), ISO/IEC 27001:2022, PCI DSS and annual penetration testing. No hack of the exchange found.
Fees
Spot trading, deposits and withdrawals
Spot trading
0.6% maker · 1.2% taker
ActiveTrader base tier from 1 September 2026; lower tiers by 30-day volume or balance. Select stablecoin pairs are 0%. No exchange-token discount.
Deposits
Crypto deposits free. USD via ACH or wire free (bank may charge); debit card 3.49%; PayPal 2.5%.
Withdrawals
Crypto withdrawals carry a dynamic network fee shown before confirmation. ACH free; USD wire USD 25; SGD fast transfer SGD 3, SGD wire SGD 25.
Halal coins you can buy on Gemini
Coins with a halal verdict listed on this exchange
No coins with a halal verdict on this exchange yet
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