Your guide to Gemini products and services

Your guide to Gemini products and services

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Mike
Mike

An editor at Coincrop


09 May 2022 | 5 min read
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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.

The Gemini founders

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 assetsReward assetsAPY Rate
Deposit 1inch

1inch (1INCH)

Earn 1inch

1inch (1INCH)

8.05%

Flexible

Deposit Gemini Dollar

Gemini Dollar (GUSD)

Earn Gemini Dollar

Gemini Dollar (GUSD)

8.05%

Flexible

Deposit Filecoin

Filecoin (FIL)

Earn Filecoin

Filecoin (FIL)

7.25%

Flexible

Deposit Axie Infinity

Axie Infinity (AXS)

Earn Axie Infinity

Axie Infinity (AXS)

6.83%

Flexible

Deposit TerraUSD

TerraUSD (UST)

Earn TerraUSD

TerraUSD (UST)

6.80%

Flexible

Deposit Dai

Dai (DAI)

Earn Dai

Dai (DAI)

6.43%

Flexible

Deposit USD Coin

USD Coin (USDC)

Earn USD Coin

USD Coin (USDC)

6.36%

Flexible

Deposit Polygon

Polygon (MATIC)

Earn Polygon

Polygon (MATIC)

5.43%

Flexible

Deposit Bitcoin Cash

Bitcoin Cash (BCH)

Earn Bitcoin Cash

Bitcoin Cash (BCH)

5.33%

Flexible

Deposit Solana

Solana (SOL)

Earn Solana

Solana (SOL)

4.55%

Flexible

Deposit Terra

Terra (LUNA)

Earn Terra

Terra (LUNA)

4.29%

Flexible

Deposit Rally

Rally (RLY)

Earn Rally

Rally (RLY)

4.22%

Flexible

Deposit Storj

Storj (STORJ)

Earn Storj

Storj (STORJ)

3.05%

Flexible

Deposit Synthetix

Synthetix (SNX)

Earn Synthetix

Synthetix (SNX)

2.53%

Flexible

Deposit The Graph

The Graph (GRT)

Earn The Graph

The Graph (GRT)

2.50%

Flexible

Deposit Compound

Compound (COMP)

Earn Compound

Compound (COMP)

2.28%

Flexible

Deposit ALCX

ALCX (ALCX)

Earn ALCX

ALCX (ALCX)

2.25%

Flexible

Deposit Mirror Protocol

Mirror Protocol (MIR)

Earn Mirror Protocol

Mirror Protocol (MIR)

2.25%

Flexible

Deposit Ethereum

Ethereum (ETH)

Earn Ethereum

Ethereum (ETH)

2.05%

Flexible

Deposit Tezos

Tezos (XTZ)

Earn Tezos

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.

Gemini web and app

How is customer support provided?

Customer support is provided as follows:

- Live support 24/7 – 365

- Requests submitted through the web site

Gemini FAQs

Gemini is headquartered in New York

Gemini Earn products are available in all U.S. states, Hong Kong and Singapore.

Rates vary based on the supply and demand for each cryptocurrency in crypto lending markets, similar to how interest rates vary for any type of currency.

Interest on earnings is paid in the native currency.


Mike

Mike

An editor at Coincrop
View articles

Mike 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.


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