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NOV 08, 2021

How to Safely Deposit Crypto Into Your Gemini Account

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The excitement around blockchain technology has driven an explosion of new tokens and projects, and we are constantly considering new blockchains to integrate with our systems.

Some blockchains, however, are not yet supported by Gemini, and when depositing or withdrawing your crypto, it is paramount that the blockchain you’re interacting with is compatible with our systems. At Gemini, our top priority is the security of your assets, and depositing crypto from, or sending crypto to, unsupported blockchains can result in lost funds that are unrecoverable.

Gemini is currently compatible with a number of networks beyond Bitcoin, including Ethereum, Dogecoin, Zcash, and Filecoin. We do not, however, currently support depositing tokens from or sending tokens to chains like Polygon or Binance Smart Chain.

Below is a list of supported and unsupported blockchain networks:

Supported Networks

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Zcash (ZEC)
  • Filecoin (FIL)
  • Dogecoin (DOGE)
  • Tezos (XTZ)

Unsupported Networks

  • Binance smart chain (BSC)
  • Fantom (FTM)
  • Theta (THETA)
  • Polygon (MATIC)
  • HecoInfo (HT)
  • Palm NFT
  • KCC
  • Mirror (MIR)
  • Terra (LUNA)
  • TerraUSD (UST)

While we support the ERC-20 versions of Polygon (MATIC), Fantom (FTM), Mirror (MIR), Terra (LUNA), and TerraUSD (UST), we do not yet support the native versions of these tokens. When purchased on Gemini, ERC-20 tokens can be withdrawn to an Ethereum-compatible wallet for use across the DeFi ecosystem, but you’ll need to use a bridge if you want to withdraw these tokens to, or deposit them from, their native chains.

Keep in mind that if you accidentally deposit tokens into your account that are not listed for trading or custody on Gemini, we most likely will not be able to recover them. We are only able to recover tokens if they are ERC-20 tokens compatible with the Ethereum Network.

If you have more questions about depositing and withdrawing crypto, we invite you to visit our Help Center, or reach out to us here.

We will add compatibility for more blockchains as we add more tokens for trading on Gemini and continue on our mission to empower the individual through crypto.

Onward and Upward!

Team Gemini

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