NOV 12, 2021
Gemini Now Supports Shiba Inu, in Addition to New DeFi, Metaverse, Infrastructure, and Data Management Tokens
We are delighted to announce support for Shiba Inu (SHIB), as well as a range of new DeFi, metaverse, infrastructure, and data management tokens.
Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Fetch AI (FET)*, Numeraire (NMR), and API3 (API3) are now available for custody and trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our mobile application and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. USD Coin (USDC) is also available for custody and trading for the pairs above, except SGD.
With the addition of these new tokens, we now offer trading and custody for more than 60 tokens, with an additional 15 tokens available for custody. Learn more about all the tokens we support, and more, here.
We are proud to be the first regulated U.S. exchange to offer trading for API3, ASH, and RARE.
We believe these tokens will provide value to our users and will continue to support DeFi, the budding metaverse, decentralized infrastructure, and data management environments.
We look forward to supporting new crypto projects on our mission to empower you, the individual, through crypto.
Onward and Upward!
*We support the Ethereum (ERC-20) version of FET, which is a multi-chain asset. FET purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of FET using a bridge.
Updated: November 15, 2021
Shiba Inu (SHIB)
SHIB is an ERC-20 utility token compliant with the Ethereum network. The token can be used for staking and liquidity mining. Shiba Inu (SHIB) began as an Ethereum-based alternative to Dogecoin (DOGE). According to the project whitepaper, the Shiba Inu coin was launched in August 2020 by a pseudo-anonymous team with the vision of creating a decentralized ecosystem. The Shiba Inu project team also launched a decentralized exchange called Shibaswap with two additional tokens, LEASH and BONE. You can see the SHIB price and more information by following the link.
ASH is an ERC-20 token created by Pak. ASH can be mined by burning NFTs, bringing a dynamic balance to scarcity. For every NFT that is burned the rest become rarer, favoring their collectors. ASH currently has 2 burn tiers where Pak NFTs yield more ASH than others. Both tiers follow the same bonding curve mechanism with different multipliers. Halving happens at 5M token supply impacting all burn tiers. ASH is a fair launch token that started with 0 supply. "The Fungible" collection was Pak's first NFT collection to accept burning NFTs. LostPoets, another recent collection from Pak will allow burning of NFTs soon. Most Pak collections can be burned for ASH today. You can see the ASH price and more information by following the link.
The RARE token is a curation and governance token for the SuperRare DAO. It is an ERC-20-compliant token. SuperRare governance is held on-chain. Governance of the SuperRare DAO currently has three main use cases: SuperRare Spaces, artist onboarding, and treasury operations and management. SuperRare is a curated NFT marketplace meant for curating one-of-one pieces. Revenues are predominantly driven from primary sales with some revenue coming from SuperRare’s secondary marketplace. In August 2021, SuperRare announced the $RARE token and the beginning of the SuperRare DAO, as well as the introduction of Spaces, community-curated storefronts for NFT artists. Each Space will have its own elected operators that onboard artists who fit criteria for that particular Space. You can see the RARE price and more information by following the link.
NMR is an ERC-20 utility token compliant with the Ethereum network. It is used for staking in Numerai’s prediction tournaments. NMR is the token of the Erasure protocol, in which apps such as Numerai’s classic tournament and Numerai Signals are built. Numerai runs a hedge fund that utilizes artificial intelligence and crowdsourced stock market predictions. The platform relies on weekly machine learning and data science tournaments where users, primarily data scientists, can submit trading algorithms about the stock market. Numerai then employs artificial intelligence algorithms to analyze the predictions. The best are included in Numerai’s “meta-model” to trade in the stock market. You can see the NMR price and more information by following the link.
Wrapped Centrifuge (wCFG)
wCFG is an ERC-20 wrapped token compliant with the Ethereum network. It is essential to note that wCFG token holders need to unwrap their tokens 1:1 through the bridge to participate in CFG use-cases. Centrifuge (CFG) is the native token of the Centrifuge network. It is used for staking, paying for transaction fees (gas), and participating in governance. The token also provides chain security and rewards liquidity providers in the Tinlake dapp.Wrapped Centrifuge (wCFG) is the ERC-20 representation of the Centrifuge token (CFG) on the Ethereum network. Centrifuge (CFG) is a native token developed in Substrate similar to Polkadot (DOT). You can see the wCFG price and more information by following the link.
QNT is an ERC-20-compliant token compatible with the Ethereum network. It is the utility token for the Quant Network Protocol and can be used as a payment method for network resources as well as for staking/locking and licensing fees. QNT is used to sign and verify transactions across chains through the Overledger API. Every client, developer and application validates each transaction using their QNT tokens and no transaction can flow through Overledger without being validated with QNT tokens. QNT is the native token of Quant Network. The Quant Network’s flagship product is the Overledger API, which allows for a single interface to interact with multiple blockchains. Overledger is meant to simplify the complexity of blockchains through a single gateway. It currently supports public blockchains like Bitcoin, Ethereum and Ripple as well as several permissioned chains. You can see the QNT price and more information by following the link.
AUDIO is an ERC-20 utility token compliant with the Ethereum network. The token has three main utilities: staking for content providers, platform governance, and staking for extra features. AUDIO is a governance and staking token that powers the Audius decentralized music streaming platform. Artists can upload their music directly to the Audius platform for listeners to access for free. Network providers then host the content and provide the backend infrastructure for content serving. You can see the AUDIO price and more information by following the link.
Data Management Tokens
Mask Network (MASK)
MASK is an ERC-20 token that runs on top of Ethereum and Polygon, as well as a BEP-20 token on Binance Smart Chain (BSC). The primary use of MASK is for MASK Ecosystem governance via the MASKDAO. MASK Network develops decentralized middleware infrastructure to bridge Web2 social media platforms with the Web3 ecosystem. With support for Twitter and Facebook, the network features several decentralized applets (DApplets) that offer encrypted messaging, decentralized file storage, and crypto (fungible and non-fungible) purchases and transactions. You can see the MASK price and more information by following the link.
RAD is an ERC-20 utility token compliant with the Ethereum network. It is primarily a governance token for the Radicle DAO, which governs the network's (optional) Ethereum integration smart contract and DAO Treasury. Radicle users have the ability to opt-in to the network's Ethereum integration, being subject to some fees when using specific smart contracts. Holders of RAD can receive discounted or waived fees when holding the token. Users can also pay developers and teams using RAD tokens (and other ERC-20 tokens). Radicle is a peer-to-peer, open-source network for software collaboration. Based on Radicle Link, the network is a gossip replication protocol built on Git. There is also an opt-in integration with Ethereum to further ensure the security of project data. It also provides users with the ability to manage and fund decentralized software projects. You can see the RAD price and more information by following the link.
FET is a utility token built on the Cosmos-SDK. The native FET token can be used for staking, payment, and gas fees. Fetch.AI is a decentralized digital representation of the real world in which autonomous software agents perform practical economic work. We support the Ethereum (ERC-20) version of FET, which is a multi-chain asset. FET purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of FET using a bridge. FET allows agents like IoT devices and computers to perform tasks, such as delivering data or services, and in exchange, they are rewarded with FET tokens. The Fetch.AI protocol and network can be considered a method of connecting agents with value to those who need that value. It is delivering machine learning (ML) and artificial intelligence (AI) capabilities to the crypto economy. You can see the FET price and more information by following the link.
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