![]() ![]() ![]() It is a New York trust company that is held to the highest level of fiduciary obligations, capital reserve requirements, and banking compliance standards. supported by Gemini.įounded in 2015, by Cameron and Tyler Winklevoss, Gemini is a next-generation cryptocurrency exchange and custodian that allows customers to buy, sell, and store more than 30 cryptocurrencies including bitcoin, bitcoin cash, litecoin, ether, and Zcash. The solution will be available for all crypto assets. There is no minimum balance required to get started and no fees for transferring into or redeeming from Gemini Earn. The firm will roll out Gemini Earn to select Gemini customers initially and will be made available to all Gemini customers by early February. Gemini allows our customers the ability to invest for the long term while also easily putting their money to work and reward themselves today with high-yield products like Gemini Earn,” said Noah Perlman, Chief Operating Officer at Gemini. “With interest in cryptocurrency at an all-time high, we’re seeing demand from both crypto and crypto-curious customers for more ways to capitalize on this boom. With these launches, Gemini is further emphasizing on its mission to make crypto mainstream, providing the bridge from traditional financial products like interest opportunities and credit cards, to the world of cryptocurrency. The launch follows Gemini’s recent acquisition of Blockrize and launch of new Gemini Credit Card, which provides exposure to crypto without changing consumers’ daily behaviour. We designed a program that allows our customers the ability to generate a real return on their crypto holdings without having to sell one of the best performing asset classes of the decade,” said Tyler Winklevoss, CEO of Gemini. “Today’s investors know that a smart, diverse portfolio includes crypto - it’s an investment in their future selves. They can also redeem their crypto at any time. Customers can transfer existing crypto holdings, or easily purchase crypto to transfer into Gemini Earn and earn interest for any period of time. Gemini’s platform enables Crypto investors to now buy, sell, store, and earn real interest in cryptocurrencies. To fund your account using Customers Bank Instant Token or CBIT™, read more here.Gemini Trust Company, a next-generation cryptocurrency exchange and custodian, has announced the launch of its new interest-earning program Gemini Earn, enabling customers to earn up to 7.4% APY, which is more than 100 times the national U.S. They will clear into your Gemini account and be available for withdrawal within four to five business days (read more about bank transfer deposits here ). USD ACH bank transfer deposits are available for trading at our discretion. Settlement times are dependent on the currency, type of transfer, and location of the bank you’re sending from.įor USD, funds sent by wire transfer before 3pm ET will typically be available in your account the same day or next business day (though this may vary based on the internal processes of your bank). Please see How do I send a Wire or Bank Transfer? for wire instructions. Once your bank account information is set up, you can complete the bank verification process with a successful deposit from your bank account into your Gemini account. If you are unable to link your bank account via Plaid or prefer not to use your online banking credentials to register your bank account, please exit the screen and navigate to Manually link bank and input your bank account information. You can add your bank by navigating to the Payment Methods Page page, then click on Add payment method. You can deposit funds with fiat currency by first linking your bank account. ![]()
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