Funding Crypto Purchases On Your Gemini Account

At Gemini, we are committed to providing you with a seamless on-ramp to the world of crypto and ensuring that you understand the many ways you can fund crypto purchases is central to that mission.

Between depositing fiat currency into your account or transferring in crypto you already hold, there are numerous ways for you to fund your crypto purchases with Gemini. Here, we provide an in-depth walkthrough of the five main ways to do so: Wire and Bank Transfers, ACH Transfers, Apple Pay and Google Pay, Debit Card Purchases, and Crypto Transfers.

You can download a PDF of these steps here.

Linking Your Bank Account

A critical first step to ensure successful Wire or Bank Transfers and ACH Transfers (U.S. only) is to link your bank account. You can link your bank account on both our Mobile App and Website.

Step 1 - Navigate to Settings through the Account drop down, and click the Payment Methods tab on the left sidebar.

Step 2 - Automatically link your bank account through Plaid using your bank username and password. Otherwise, manually link your bank account in the Payment Methods tab using your bank account and routing numbers (information required varies according to the currency your bank account uses).

Once you’ve successfully connected your bank account, the path is open for you to make Wire and Bank Transfers, as well as ACH transfers into your Gemini account.

Wire and Bank Transfers

Using a wire or bank transfer to fund your Gemini account allows you to deposit unlimited funds and access them quickly (1-2 days, sometimes less). We support various types of transfers, including SWIFT wires for all currencies, SEPA for Euros, FPS and CHAPS for British Pounds, and FAST transfers for Singapore Dollars.

Step 1 - Prepare your wire or bank transfer. In the top right corner of your Gemini account page click Transfer and then Deposit into Gemini. On the next page choose which fiat currency to deposit, and select Wire or Bank Transfer as your Deposit Method — click continue.

Step 2 - Collect your transfer instructions. The next page will outline all the details you need to successfully complete a wire or bank transfer. You’ll also receive an email with instructions on how to complete the transfer. This will include a reference code you must include in your transfer details, as well as our receiving bank information and beneficiary account information.

Step 3 - Contact your bank and transfer your funds to Gemini. Make sure the name on your bank account matches the name on your Gemini account. Funds sent to your Gemini institutional or business account must also be from bank accounts in the name of the entity. Visit this page if you’re still having issues with your wire or bank transfer.

Wire transfers in the U.S. sent before 3:00 pm ET will typically be available in your Gemini account the same day or next business day. Other jurisdictions will have varied banking hours and holidays that will impact fund transfer cutoff times.

ACH Transfers

ACH Transfers are simpler than Wire and Bank Transfers, and your funds will be immediately available for trading. Keep in mind there are limits to how much you can transfer with ACH, and it can take up to 5 business days for your funds to settle and be available for withdrawal. ACH Transfers are only available in the U.S.

Step 1 - Prepare your ACH transfer. In the top right corner of your Gemini account page click Transfer and then Deposit into Gemini. On the next page choose which fiat currency to deposit, select Bank (ACH) Transfer as your Deposit Method, and choose your transfer source — click continue.

Step 2 - Enter your deposit amount.

Step 3 - Review and complete your deposit.

Apple Pay and Google Pay

We recently launched Apple Pay and Google Pay support! We’ve outlined how to seamlessly buy crypto using these methods here.

Step 1 - Open the Gemini Mobile app and tap a crypto to purchase. (Download our app in the Apple App Store or Google Play Store).

Step 2 - Tap the Buy button. Next, select whether you’d like to purchase Once or schedule a Recurring buy. Next, enter the amount of crypto you’d like to buy.

Step 3 - The option to pay with Apple Pay or Google Pay will appear. Select the one you want to use and then tap Pay.

Debit Card Purchases

Debit card purchases are quick and easy. Once we’ve verified your card you can immediately buy up to $1,000 in crypto on a daily basis directly through your debit card.

Step 1 - Link your Debit Card. Navigate to Settings through the Account drop down, and you’ll see a Payment Methods tab on the left sidebar. Follow the prompts to seamlessly add your debit card to your account. Make sure that all the information you include matches the information on your Gemini account.

Step 2 - Verify your Debit Card. There are two ways to verify your card. If you’re using the Gemini Mobile App you can verify your card by simply taking a picture of the front and back of your debit card. If you’re using our web interface, microdeposits will be made on your debit card account statement between $0.99 and $1.99 in value (or an equivalent in your local currency). You’ll be asked to confirm the amount that was charged to you, and once verified, the charges will be reversed.

Step 3 - Enter the magical world of crypto. Now that your debit card is added to your account and verified, you’ll be able to immediately make purchases directly from our exchange using your card!

Note that there is a 3.49% fee added to your purchase, and you must link a bank account to withdraw your funds — you cannot withdraw directly to your debit card.

Crypto Deposits

You can deposit crypto from an external wallet for trading on Gemini in a few simple steps.

Step 1 - Prepare your crypto deposit. In the top right corner of your Gemini account page click Transfer and then Deposit into Gemini. Select the crypto you’d like to transfer into Gemini from the dropdown menu, and select the unique deposit address we’ve generated for you.

Step 2 - Instruct your external wallet to initiate the transfer. With your unique deposit address in hand, visit your external wallet or service provider custodying your crypto and initiate the crypto transfer to the deposit address.

Step 3 - See your crypto deposited into your Gemini account for immediate trading.

We will continue to provide you with more ways to access the growing crypto ecosystem and support your financial future. You can download a PDF of these steps here.

Onward and Upward!

Team Gemini