AUG 30, 2021
Total Crypto in Gemini Earn Crosses $3 Billion
We are delighted to announce that Gemini customers are now earning interest on more than $3 billion in loans originated through Gemini Earn. Instilling trust in our products is central to Gemini’s ethos, and crossing this milestone is indicative of the confidence our customers have in our business.
It is now easier than ever for Gemini users to earn interest of up to 8.05% APY using Gemini Earn. You can seamlessly buy crypto or Gemini dollar (GUSD) and move it to Earn with our Buy+Earn flow. On the mobile app, tap the Earn icon in the bottom menu to explore the available interest rates and select your crypto. Tap “Buy new crypto” to use your linked bank account, debit card, or Apple Pay and Google Pay — once you opt-in, the crypto you purchase will go directly to Gemini Earn.
Interest is earned and compounded daily, and you can redeem your crypto at any time. There are no minimum balances and no fees to transfer into or redeem from Gemini Earn. If you want to use Gemini Earn, and don’t yet have a Gemini account, you can sign up here.
In May, we added our GUSD stablecoin to Earn, on which U.S. customers can earn 6.90% APY. GUSD can always be redeemed 1:1 for U.S. dollars at Gemini.
Gemini Earn is available to all Gemini customers in the United States and Singapore, and is available for 45 of the cryptos we support. We plan to add new cryptos to Gemini Earn as we list new tokens.
At Gemini, we are committed to offering new and exciting products to empower you on your journey through the magical crypto frontier. Happy earning!
Onward and Upward!
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