Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has unveiled the Gemini Wallet, a self-custodial smart wallet designed to enhance user access to Web3 protocols, DeFi platforms, and on-chain applications. The wallet eliminates complications such as the need for seed phrases or separate app downloads, providing gas-free transactions and offering free ENS subdomains.

Available at onchain.gemini.com, the Gemini Wallet ensures smooth transitions between integrated and portable wallet experiences. Users benefit from biometrics-enabled login and social recovery tools, safeguarding privacy while allowing efficient asset management and dapp exploration.

In response to the competitive landscape, Gemini is covering gas fees on specific blockchains for essential actions, positioning itself favorably against rivals like Coinbase, which recently rebranded its wallet service. The company plans to link the wallet directly to exchange accounts in future updates, facilitating on-chain trades effortlessly.

The expansion into DeFi, indicated by the successful launch of this wallet, signals Gemini’s commitment to service innovation and user convenience.