- Interest compounded daily
- No lock-in period
- No bonus earn options
Gemini Earn is an interest-bearing lending program that offers competitive daily compounded interest on over 40+ digital assets (such as BTC, ETH and DOGE), as well as USD-pegged stablecoins.
Learn more about its features, supported cryptocurrencies and how you can sign up below.
Up to 8.05%
Gemini Earn is an interest-bearing lending program that offers attractive daily interest rates on 40+ digital assets, including stablecoins.
When you stake cryptocurrencies on Gemini Earn, your assets will be loan to accredited third party borrowers and generate crypto interest for you in return. To ensure the security of users’ funds, these institutional borrowers are vetted through a risk management framework which reviews their collateralisation management process.
Upon moving your crypto to Gemini Earn, it’ll start accruing interest at 4 p.m. ET on the next business day. Interest earned is paid out on a daily basis and can be withdrawn at any time.
Like traditional finance, crypto earn programmes provide the opportunity for you to deposit your digital assets (which is typically loan out your cryptocurrencies to other investors) and earn a standard rate of return over time.
You’ll usually receive your earned tokens on a daily basis for flexible staking accounts, or at the end of a specified locking period if you deposited in a fixed-term staking account.
However, unlike traditional finance, crypto earn accounts tend to offer a significantly higher APY compared to traditional finance.
But cryptocurrency is notoriously volatile and unregulated, so it also carries a much higher risk. For instance, your returns will be in the same token as your deposit in most cases, so there’s a chance that your initial investment and returns will be wiped out if the value of your asset drops. Of course, returns will also be exponential if the value of your asset appreciates.
Another major risk that your investment may be exposed to is the lack of insurance. Since most cryptocurrency banks are not covered by consumer protection, there’s no guarantee you’ll get any of your assets back should the provider goes under.
So be sure to conduct your own research and decide if the risk is worth the reward.
Here’s the overview of the APY you’ll earn for different digital currencies, as of 14 January 2022:
|The Graph (GRT)||6.43%|
|Axie Infinity (AXS)||4.56%|
|Bitcoin Cash (BCH)||4.03%|
|Ankr Network (ANKR)||2.25%|
|Mirror Protocol (MIR)||2.25%|
|Basic Attention Token (BAT)||1.75%|
|Injective Protocol (INJ)||1.51%|
|Kyber Network (KNC)||1.25%|
|PAX Gold (PAXG)||1.25%|
*Note: The rates indicated in the table is accurate as of 14 January 2022. Rates may increase or decrease in the future.
Earning crypto rewards on your idle digital assets through Gemini Earn is incredibly simple, especially since there are no complicated earn structures to decide on.
Gemini’s user-friendly web platform and app and step-by-step prompts also help onboard new users with ease. There is also a crypto earn calculator embedded on Gemini’s website to give you a rough gauge of your projected earnings based on the current APY and vested term.
If you’re new to cryptocurrencies, you can skip the process of depositing crypto assets from an external wallet or another exchange by simply purchasing digital assets directly from Gemini exchange with Hong Kong dollars (HKD).
Once you’re purchased your tokens, you may opt-in to Gemini Earn and begin staking them for crypto rewards. This process is quick and can typically be completed within minutes (excluding the time required for deposits from newly linked bank accounts to reflect in your Gemini balance, which could take up to 48 hours due to the mandatory verification process).
As of 14 January 2022, you can earn crypto rewards for the following currencies with Gemini Earn:
Gemini may be one of the world’s highest security cryptocurrency exchanges. Rather than simply following security best practices, Gemini leads them by working with Nasdaq, regulators and other institutions to develop industry-leading security practices.
Gemini itself has never been hacked, although some Gemini users have been hacked through SIM swapping.
To start earning crypto rewards with Gemini Earn, you’ll first need to open a Gemini account and complete the required KYC verification.
If you’re a crypto investor who prefers simplicity and want the opportunity to earn attractive returns on your idle assets while you hold them, a Gemini Earn account is certainly worth considering.
So take the time to consider the different factors (such as fees, barriers to entry, APY, type of assets required) and compare options before you sign up.
Ready to sign up?
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.