The Winklevoss twins-backed exchange, Gemini, has launched a self-custody wallet product called Gemini Wallet to compete with rivals like Coinbase and Kraken. This wallet integrates with a web-based dashboard, enabling users to manage their crypto portfolios. Currently, there is no standalone mobile app, and it also does not function as a Chrome browser extension. The onboarding process is notably distinct, as it requires no personal information, seed phrases, or traditional SSO flows; instead, users generate a wallet in seconds using device passkey technology and choose a free .gemini.eth username. Users can trade cryptocurrencies and access Gemini’s vaults, including a Prime vault for lower-risk and a Core vault for higher-risk strategies. The wallet currently caters to Ethereum’s mainnet and several extensions. Users may find the Onchain experience approachable, designed for beginners, but some traders may view it as overly simplistic. While Gemini Wallet offers an impressive onboarding process, it still needs more features to fully transition users from existing wallets.

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