Winklevoss Bitcoin Exchange Gemini Seeks Traders

The new bitcoin exchange Gemini, founded by Cameron and Tyler Winklevoss, is seeking traders.
According to CoinDesk:

Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the “Nasdaq of bitcoin”, finally debuted on 8th October.
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin’s active trading community. Though representatives of the exchange stated they’re seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
They argue that Gemini’s pricing model, charging both buyers and sellers on each trade, while potentially attractive to infrequent institutional traders, could prove an issue that will drive away retail traders, a demographic they argue is essential for building liquidity.
[…] The top bitcoin exchanges around the globe currently post more liquidity than Gemini, effectively meaning traders on those exchanges are able to cash in and out of the market more quickly, a must, more active market participants argue, for profit-making.
According to CoinMarketCap, Bitstamp’s 24-hour volume is 20,209 BTC ($5.3m), 50 times that of Gemini’s daily total, while competitors Bitfinex and BTC-e saw 12,742 BTC ($3.3m) and 8,340 BTC($2.1m) in trading volume over the last 24 hours.

Click here to read the full article from CoinDesk.