The headlights are currently illuminating Bitcoin massively. Whether Goldman Sachs, JP Morgan, or Samsung: Many global players in today's financial and business world have points of contact with the largest cryptocurrency. The spectrum ranges from rejection to healthy skepticism to support and adoption. The US-American Exchange Gemini has achieved a partnership with Samsung as in the future Canadian and US customers can buy Bitcoin using their smartphone.

Buy Bitcoin: Samsung and Gemini Exchange in cooperation

It is no longer a secret that Samsung is positioning itself in the field of cryptocurrencies. A few months ago we reported on the features of the then-new Samsung smartphone Galaxy S10. More than a year ago there was wild speculation about the integration of a Bitcoin and Ethereum wallet on the new smartphones from the Korean manufacturer.

The speculations have now become a reality and Samsung has taken an important step towards the spread and acceptance of Bitcoin and Co. in the area of smartphone manufacturers. The new partnership between Samsung and the Gemini Exchange takes it a step further. Reminder: The US stock exchange belongs to the Winklevoss twins.

An important step for the spread of crypto

The novelty in the partnership is now that Canadian and US citizens can buy Bitcoin and Co. directly via Gemini via their Samsung Wallet. While the wallet previously only served as storage, it can now also be used for the direct purchase of cryptocurrencies.

By connecting the Samsung Blockchain Wallet to Gemini, users can now buy and sell cryptocurrencies directly.

Furthermore, owners of a Samsung smartphone should also be able to view the account balance on Gemini and store their coins on the Cold Storages from Gemini. Tyler Winklevoss commented euphorically on the partnership, stressing that they were “proud to be working with Samsung and, above all, to bring the promise of independence and self-determination to the crypto world.

How do you rate the collaboration between Gemini and Samsung? - Is this an important step for Bitcoin and Co or will it hardly increase its use?