7/16/2023 0 Comments Gemini earn safetyHowever, if you’re new to Gemini or the cryptocurrency interest account space at large, let’s explore whether either would be a fit for you. The platform is beginner-friendly and accessible via a mobile app or a desktop-accessible web app.įrequent users of the Gemini exchange can seamlessly use Gemini Earn, and they may find familiarity in the established brand.Users can withdraw their cryptocurrency anytime, at no fees.Gemini Earn is only available to Gemini users in the United States and Singapore.It’s a regulated company with over $30 billion in crypto assets, industry-leading crypto security practices, and only up to some hundred thousand dollars in insurance coverage. Gemini Earn lets users earn up to 7.40% APY on 50+ cryptocurrencies, including BTC at 1.65%, ETH at 2.05%, 7.40% on DAI, GUSD, and more. The parent exchange, however, has been around since 2014 and is founded by Tyler and Cameron Winklevoss. Gemini Earn Quick SummaryĪnnounced in February 2021, Gemini Earn is a relative newcomer to the cryptocurrency interest account niche. The following guide explores how Gemini Earn works, its features, the interest rates it offers on various cryptocurrencies, security, and how it compares to its competition. With Gemini Earn, Gemini throws its hat into the ring of the world’s best cryptocurrency interest accounts - an increasingly competitive industry that includes BlockFi, Celsius, and competing exchange Coinbase. It has built its reputation with a suite of products and features, such as the Gemini exchange and wallet, a stablecoin GUSD, and Gemini Pay, a feature for users to pay with crypto at traditional businesses like Bed, Bath and Beyond. Gemini is regarded as a pioneer in the cryptocurrency industry. Gemini Earn enables users to transfer funds into an “Earn” account and get up to 7.40% APY on BTC, ETH, stablecoins, and other altcoins. Gemini Earn is a cryptocurrency interest account feature on the cryptocurrency exchange Gemini.
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