Cryptus Exchange Gemini, founded by the Winklevoss twins, has surpassed Coinbase in the App Store after launch of a credit card with cashback in the form of XRP with Ripple Labs and Mastercard.
This limited edition card instantly returns up to 4% in XRP. No need to wait, just accumulate, — the post says Gemini on social media on Monday.
Sensor Tower data shows that following the announcement, Gemini has overtaken Coinbase in the ranking of financial apps in the US. As of now, Gemini is ranked 11th, while Coinbase is ranked 20th.
A credit card with a reward of 100 has appeared all over the world. XRP?! What a wonderful time, family. XRP, — the CEO noted. Ripple Labs Brad Garlinghouse.
Indeed, this event can be called significant not only for the cryptocurrency community, but also for the exchange. Gemini, as Coinbase’s daily trading volume is more than three times its own.
Coinbase currently ranks third among cryptocurrency exchanges by trading volume, with $24 billion worth of trades completed in the last 4,54 hours. Gemini is in 24th place with $382,49 million.