The New York-based bitcoin exchange run by brothers Winklevoss announced a new type of accounts for working groups and families. In the future it plans to add more features and currencies, both fiat and crypto.

If an organisation trades in bitcoins, it can now create a multiple-user account, writes Gemini Engineering Vice-President Eric Winer on the company blog. The administrator of the account can assign different access levels to other users depending on their position.

At present four different access levels are available: administrator, manager, trader and auditor. The account manager can deposit and withdraw US dollars or bitcoins, change the account address and manage connected bank accounts. The trader can place or cancel a trading order. The auditor can view all data but is incapable of doing anything else. The company invites users to share their ideas if any access levels need to be added or revised.

The new feature is also available for those who use a personal account – they are now enabled to share it with their family members.

Gemini also states it has improved the performance of the exchange and promises to make it even faster “over the next few months.” It is also going to secure regulators’ approval in all the fifty states of the USA “as well as around the world.” Finally, it assures it will soon add new currencies, both fiat and crypto.

The absolute majority of those who comment on the blog post call for the addition of litecoin, many remarking that other cryptocurrencies are not needed, especially pre-mined, because “they can exploit the market very easily.” Some also suggested adding support for dash and ether.

Gemini, the bitcoin exchange founded by twin brothers Cameron and Tyler Winklevoss, started trading in New York on 8 October 2015. It was the second bitcoin trader, after itBit, to receive a license from the NYFDS. Initially, the new company operated in 26 states and Washington DC.

Winklevoss twins are former professional rowers, now major venture capitalists who are rumoured to own 1% of world bitcoins.

Alexey Tereshchenko