Your guide to Gemini products and services
G
emini is a cryptocurrency financial services company that offers buying, selling, trading and custodian services. The company (headquartered in New York) was started in 2015 by Tyler and Cameron Winklevoss.
In this guide:
Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.
What is Gemini?
Gemini has become the worlds fastest-growing major financial exchange. It’s growth has been rapid starting just five years ago. Its size is now so significant that it trades the equivalent of the London, Hong Kong and New York stock exchanges combined.
In November 2021, it was reported the company was trading $76 billion of cryptocurrencies each day.
Broadly, the services offered by Gemini are as follows:
- Gemini Exchange - A trading platform supporting the buying and selling of more than 60 types of digital assets.
- Custodian services
- Gemini Credit Card
- Gemini Earn – Earn interest on your cryptocurrency assets.
- Gemini Pay - Mobile application allowing users to pay for goods and services using their cryptocurrency assets.
Gemini founders Tyler and Cameron Winklevoss
What is the history of Gemini?
The Gemini history can be chronicled as follows:
- June 2013 – Winklevoss twins announce Gemini idea
- 25th October 2015 – Gemini live
- December 2017 – Chicago Board Options Exchange begin to use Gemini to settle Bitcoin futures contracts
- March 2018 – Partnership announced with Caspian (full stack cryptocurrency trading and risk management)
- April 2018 – “Block Trading” offered (buying and selling large amounts of digital assets)
- 10th September 2018 – Stablecoin Gemini dollar (GUSD) receives regulatory approval
- 3rd October 2018 – Gemini announces digital asset insurance for coins and tokens held on the exchange
- May 2020 – Partnership announced with Samsung
- November 2021 – Gemini raises $400 million in investment
How much can I earn?
Gemini only offers flexible term saving products. The following table shows rates you can earn for flexible term deposits on Gemini:
| Deposit assets | Reward assets | APY Rate |
|---|---|---|
 1inch (1INCH) | 1inch (1INCH) | 8.05%Flexible |
 Gemini Dollar (GUSD) | Gemini Dollar (GUSD) | 8.05%Flexible |
 Filecoin (FIL) | Filecoin (FIL) | 7.25%Flexible |
 Axie Infinity (AXS) | Axie Infinity (AXS) | 6.83%Flexible |
 TerraUSD (UST) | TerraUSD (UST) | 6.80%Flexible |
 Dai (DAI) | Dai (DAI) | 6.43%Flexible |
 USD Coin (USDC) | USD Coin (USDC) | 6.36%Flexible |
 Polygon (MATIC) | Polygon (MATIC) | 5.43%Flexible |
 Bitcoin Cash (BCH) | Bitcoin Cash (BCH) | 5.33%Flexible |
 Solana (SOL) | Solana (SOL) | 4.55%Flexible |
 Terra (LUNA) | Terra (LUNA) | 4.29%Flexible |
 Rally (RLY) | Rally (RLY) | 4.22%Flexible |
 Storj (STORJ) | Storj (STORJ) | 3.05%Flexible |
 Synthetix (SNX) | Synthetix (SNX) | 2.53%Flexible |
 The Graph (GRT) | The Graph (GRT) | 2.50%Flexible |
 Compound (COMP) | Compound (COMP) | 2.28%Flexible |
 ALCX (ALCX) | ALCX (ALCX) | 2.25%Flexible |
 Mirror Protocol (MIR) | Mirror Protocol (MIR) | 2.25%Flexible |
 Ethereum (ETH) | Ethereum (ETH) | 2.05%Flexible |
 Tezos (XTZ) | Tezos (XTZ) | 2.05%Flexible |
Can I borrow from Gemini?
Gemini does not offer borrowing products.
How do I access Gemini products?
Gemini products can be accessed through the web site together with Android and Apple applications.
How is customer support provided?
Customer support is provided as follows:
- Live support 24/7 – 365
- Requests submitted through the web site
Gemini FAQs
Mike
An editor at CoincropMike is a Crop Crop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely putting his latest car project back together.
