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Bats CEO Chris Concannon wrote in an email, We view the launch of an end-of-day auction as a significant step forward for Gemini and the bitcoin industry. The auction feature could be especially appealing to traders buying or selling large quantities of Bitcoin who typically.

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The user doesnt know hes using a block chain, none of that is really seen and he doesnt know why this website doesnt take 30 off the top like the other sites. Everything is now automated and behind the scenes, he added. Images via Gyft; PeerTracks; Coinmarketcap; Shutterstock.

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