Now more than ever, leading brands are exploring new ways to harness the power of Web3. We are thrilled that Gemini-owned [Nifty Gateway](https://www.niftygateway.com/) has been tapped to power the new Starbucks Odyssey market, a web3 and NFT-based extension of the Starbucks loyalty program, [which launched in beta last week](https://medium.com/nifty-gateway/nifty-gateway-tapped-to-power-starbucks-odyssey-market-a-web3-experience-e357818ebc65) to the first Starbucks Rewards members and partners (employees) in the U.S.

In September 2022, [Starbucks announced](https://stories.starbucks.com/press/2022/starbucks-brewing-revolutionary-web3-experience-for-its-starbucks-rewards-members/) their plans for the Starbucks Odyssey experience. Shortly after beta launch, Starbucks Odyssey members can purchase or sell NFTs, called Stamps, through the Starbucks Odyssey market powered by Nifty Gateway. Early next year, members will be able to purchase limited-edition stamps directly with a credit card. No crypto wallet or cryptocurrency will be required.

With this news, Nifty Gateway continues to be a pioneer in the NFT space, making available a full suite of tools to support the development of unique, creative, and scalable branded NFT experiences. These tools allow brands like Starbucks to expand into Web3 and offer the accessibility, ease, and convenience that customers have come to expect when making online purchases.

“Nifty Gateway’s custody options make it the preferred NFT marketplace for the next generation of Web3-powered brands and their customers,” said Duncan Cock Foster, Co-Founder of Nifty Gateway. “Starbucks is building one of the largest ever on-ramps to Web3 and we’re so excited to be enhancing their customers’ experience through NFTs.”

We are delighted that an iconic global brand like Starbucks has decided to capitalize on the immense potential of Web3 and NFTs, and believe that projects like Starbucks Odyssey will play a central role in the continued adoption of crypto and blockchain on a global scale. 

From individuals to global brands, Nifty Gateway is reimagining what is possible with NFTs, and they’re just getting started.

Onward and Upward!

Team Gemini

Nifty Gateway Tapped to Power Starbucks Odyssey Market, a Web3 Experience

We are pleased to announce the launch of the [Gemini Trust Center](https://www.gemini.com/trust-center), a dashboard of metrics for the funds we hold on the Gemini platform and on your behalf, as well as other important data and information. 

The events of the past few weeks have reinforced the fundamental need for trust in our industry. The [Gemini Trust Center](https://www.gemini.com/trust-center) is building trust through transparency with the following metrics:

- __Total Crypto on our Platform__
- __Total Fiat held on your behalf__
- __Gemini dollar (GUSD) Float__
- __Fiat Net Flows__ (24hrs)
- __Crypto Net Flows__ (24hs)

We also display other relevant information about our security controls and regulatory registrations, including:

- __SOC 1 and SOC 2 exam dates__
- __Licenses and registrations we’ve obtained__
- __Gemini Corporate Governance Information__

From day one, [we’ve prioritized the security of our customers’ assets](https://www.gemini.com/blog/gemini-is-built-on-trust-safety-and-compliance). We never have and never will compromise on that. We are more confident than ever that *__asking for permission, not for forgiveness__* — is the right way to build trust with you and a lasting business.

We will continue to iterate on and enhance our [Trust Center](https://www.gemini.com/trust-center) to ensure we provide more real-time and salient data points to you as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Announcing the Gemini Trust Center: Building Trust Through Transparency

We are aware that Genesis Global Capital, LLC (Genesis) — the lending partner of the Earn program — has paused withdrawals and will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days. We are working with the Genesis team to help customers redeem their funds from the Earn program as quickly as possible. We will provide more information in the coming days.

The past week has been an incredibly challenging and stressful time for our industry. We are disappointed that the Earn program SLA will not be met, but we are encouraged by Genesis’ and its parent company Digital Currency Group’s commitment to doing everything in their power to fulfill their obligations to customers under the Earn program. We will continue to work with them on behalf of all Earn customers. This is our highest priority. We greatly appreciate your patience. 

__This does not impact any other Gemini products and services.__ Gemini Staking, which is part of our Grow offering and separate from the Earn product, continues to operate as usual. Gemini is a full-reserve exchange and custodian. All customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time. [You can read more here](https://www.gemini.com/blog/gemini-is-built-on-trust-safety-and-compliance).

Team Gemini

An Important Message Regarding Gemini Earn

*__We recognize that the past week has been a difficult one for the crypto industry, our hearts go out to all those impacted. Gemini is a full-reserve exchange and custodian. This means that all customer funds (fiat and crypto), including Gemini Credit Card rewards, held on Gemini are held 1-to-1 and are available for withdrawal at any time. [Here’s more from our founders](https://www.gemini.com/blog/gemini-is-built-on-trust-safety-and-compliance).__*

---

Today, we are excited to add a brand-new rewards category for gasoline and electric vehicle (EV) charging purchases, just in time to ease the pain of record high inflation and the cash crunch at the pump and plug. 

### Earn 10% back in crypto on your gas and EV charging for a year with the Gemini Credit Card (on up to $200 in purchases each month)*!

As a crypto platform, we build products that inspire investors to explore the crypto ecosystem, and we are thrilled to offer an upgrade to our Gemini Credit Card rewards structure to get you pumped about crypto just in time for your holiday travels. 

### [Apply for the Gemini Credit Card today!](https://creditcard.exchange.gemini.com/credit-card/apply)

Once approved for the card, you’ll earn 10% crypto back on gas (on up to $200 in purchases each month) for a year*, 3% crypto back on dining, 2% crypto back on groceries, and 1% crypto back on all other purchases, with rewards automatically deposited into your Gemini account.

The Gemini Credit Card is accepted wherever Mastercard is accepted, and you can choose to receive rewards in any of the 60+ cryptos we currently support for rewards, including [bitcoin](https://www.gemini.com/prices/bitcoin), [ether](https://www.gemini.com/prices/ether), [dogecoin](https://www.gemini.com/prices/dogecoin), and [Gemini dollar](https://www.gemini.com/dollar), our stablecoin. You can also switch reward types at any time.

The Gemini Mastercard, issued by WebBank, offers a rewards credit card that combines the innovation and opportunity of crypto with industry-leading protections and benefits. If you have additional questions about the Gemini Credit Card, we invite you to visit our [FAQ page here](https://support.gemini.com/hc/en-us/categories/1260802420830-Gemini-Credit-Card-).

At Gemini, we are dedicated to delighting our customers with innovative products that make crypto compelling and approachable. At its core, the Gemini Credit Card is a simple, secure, and engaging way to seamlessly explore the crypto ecosystem. 

We will continue to level-up the Gemini Credit Card as we build the future of finance and unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*The 10% crypto back rewards category is available on up to $200 in spend a month on Gas at the Pump and EV (then 1% on all other Gas and EV) and on up to $2400 in spend over the Promotional Period (then 1% on all other Gas and EV). The spend cycle will refresh on the 1st of each calendar month. Unused spend will not carry over to the following month. Gas station purchases, other than gasoline, are ineligible. Eligible purchases will be allotted during the calendar month in which the purchase posts to the account. This rewards category is a Limited Time Offer for new and existing cardholders approved on or prior to January 15, 2023. The Promotional Period begins during the calendar month you are approved (or in the case of existing cardholders as of the offer launch, during November 2022) and lasts for the following 12 calendar months.


Earn 10% Back in Crypto Rewards at the Pump (and the Plug) With the Gemini Credit Card!

We are delighted to announce support for another blockchain network, __Avalanche (AVAX)__, further expanding Gemini’s list of supported networks!

[__AVAX is now available for trading__](https://www.gemini.com/prices/avalanche) on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs!* 

Support for Avalanche further bolsters our compatibility across the blockchain ecosystem, marking another exciting milestone on our crypto journey. Avalanche is an open-source proof-of-stake (PoS) platform for creating custom blockchain networks and decentralized applications (dApps). Built by Ava Labs, Avalanche is one of many platforms leveraging [smart contract](https://www.gemini.com/cryptopedia/glossary#smart-contract) technology. 

[Avalanche’s network infrastructure](https://www.gemini.com/cryptopedia/avax-coin-avalanche-crypto-ava-labs#section-avalanche-crypto-network-architecture) is built to enable modular blockchains that are scalable and interoperable with other entities on the Avalanche blockchain. The project aims to build increasing connectivity to Ethereum and the wider blockchain ecosystem. AVAX, Avalanche’s native token, is the network’s unit of account, and is used for paying transaction fees and for staking in Avalanche’s consensus process.

With the addition of Avalanche, Gemini is now compatible with 11 blockchain networks, including: [Bitcoin (BTC)](https://www.gemini.com/prices/bitcoin), [Ethereum (ETH)](https://www.gemini.com/prices/ether), [Solana (SOL)](https://www.gemini.com/prices/solana), [Litecoin (LTC)](https://www.gemini.com/prices/litecoin), [Bitcoin Cash (BCH)](https://www.gemini.com/prices/bitcoin-cash), [Zcash (ZEC)](https://www.gemini.com/prices/zcash), [Filecoin (FIL)](https://www.gemini.com/prices/filecoin), [Dogecoin (DOGE)](https://www.gemini.com/prices/dogecoin), [Tezos (XTZ)](https://www.gemini.com/prices/tezos), and [Polkadot (DOT)](https://www.gemini.com/prices/polkadot).

Gemini supports more than 120 tokens! Learn more about [all the tokens we support for trading and/or custody here](https://www.gemini.com/prices).

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*AVAX can be stored in Gemini’s exchange wallet but is not yet available in Gemini Custody.

*Updated: October 12, 2022*

## Learn more about Avalanche (AVAX)

Avalanche is a proof-of-stake (PoS) blockchain network that supports decentralized finance (DeFi) applications and enables the development of enterprise blockchains. Avalanche developers can build their own blockchain applications and networks that are governed by complex rules or develop on top of existing public and private subnetworks (subnets). AVAX is the native token of the Avalanche network, and is used to pay fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on the network. AVAX also provides on-chain governance for critical network parameters where participants can vote on changes to the network. 

Explore Avalanche (AVAX) on [Cryptopedia](https://www.gemini.com/cryptopedia):

[What Is Avalanche?](https://www.gemini.com/cryptopedia/avax-coin-avalanche-crypto-ava-labs)

Gemini Adds Support for New Blockchain Network: Avalanche (AVAX)

Since launching regulated and secure BTC trading in 2015, Gemini has been a passionate supporter of Bitcoin and the blockchain ecosystem. Importantly, we’ve provided grants and sponsorships [through the Gemini Opportunity Fund](https://www.gemini.com/blog/gemini-opportunity-fund-investing-in-the-future-of-bitcoin) to various groups supporting the Bitcoin Network, including Bitcoin Developers. 

In May, [we announced the launch of Superlunar](https://www.gemini.com/blog/introducing-superlunar-exploring-the-future-of-web3), a multi-disciplinary web3 research and design studio. Overseeing the Gemini Opportunity Fund, [Superlunar](https://www.superlunar.com/) has continued to sponsor Bitcoin Developers, and has expanded sponsorships over the past months. 

__Superlunar now sponsors nine full-time Bitcoin Developers on year-long contracts across North America, Africa, Asia, and Europe__, supporting the continued sustainability, scalability, and security of the Bitcoin Network. We are thrilled about the work they are doing, and are excited to highlight their projects in this blog!

## Sponsoring the Future of Bitcoin

__Dhruv Mehta__ — we’ve been sponsoring Dhruv’s work on Bitcoin Core since early 2021. His work focuses on the security of Bitcoin Network nodes, with a specific interest in BIP324, which proposes an updated P2P protocol for the Bitcoin Network. [Read more about Dhruv’s journey here](https://www.superlunar.com/post/raising-the-free-and-rebellious-with-dhruv-mehta), and [learn about his work on BIP324 here](https://bip324.com/). 

__Jarol Rodriguez__ — like Dhruv, Jarol has been sponsored by the Gemini Opportunity Fund since early 2021. His focus has been on building out a more intuitive Bitcoin Core Graphical User Interface (GUI), which is based on the QT Modeling Language (QML). [Read more about Jarol’s path to becoming a Bitcoin Core Dev here](https://www.superlunar.com/post/beautifying-bitcoin-with-jarol-rodriguez). 

__Amiti Uttarwar__ — Amiti was [previously sponsored by Gemini Opportunity Fund](https://www.gemini.com/blog/gemini-to-sponsor-bitcoin-core-developer-amiti-uttarwar) and will resume her work with us this November. She plans to continue work on the P2P network, with a focus on security and privacy. She is also passionate about helping others with their Bitcoin journeys, especially bringing more diversity into the ecosystem. 

__Collin Rukundo__ — Collin has been focused on the usability of the Bitcoin Network, building the EttaWallet, which aims to improve accessibility and the user experience, particularly for users in Africa who are encountering Bitcoin for the first time and may be mobile-first users. As a Ugandan activist, Collin is also passionate about privacy and custody, ensuring that users keep their funds safe when interacting with the Bitcoin Network. [Read more about Collin’s journey to becoming a Bitcoin Core Developer here](https://www.superlunar.com/post/bringing-bitcoin-to-uganda), and [learn about Qala here](https://www.superlunar.com/post/africas-new-generation-of-bitcoin-developers), a program of which he is an alumni. 

__Duncan Dean__ — with a focus on decentralization and resilience, Duncan has been working on enabling "asmap" in Bitcoin Core by default, ensuring the continued security of the Bitcoin Network by diversifying the peers with which Bitcoin miners share connections. He has also worked on the Lightning Developer Kit (LDK), building tools and libraries that facilitate the integration of Lightning into any Bitcoin wallet. [Read more about Duncan’s experience and journey to becoming a Bitcoin Core Dev here](https://www.superlunar.com/post/freely-trade-at-any-age). 

__Josie__ — Josie is currently curating data sets and assisting with data analysis for research related to the Bitcoin Mempool as well as diving into a statistical analysis of Bitcoin transactions and fees. He also plans to focus on Cross Input Signature Aggregation as a soft-fork for Bitcoin. Josie is passionate about mentorship and dedicating time to reviewing and testing open PRs in Core.

__Ruben Somsen__ — working closely with other Bitcoin Developers, Ruben has honed his work on spacechains, which seek to improve the Bitcoin ecosystem by using a permissionless method to create trustless blockchains. [Read more about Ruben’s experience becoming a Bitcoin Developer here](https://www.superlunar.com/post/creating-new-chains-for-bitcoin). 

__Shashwat Vangani__ — an alumni of the [Summer of Bitcoin initiative](https://www.superlunar.com/post/superlunar-is-proud-to-sponsor-summer-of-bitcoin-2022), Shashwat has a unique interest in the Bitcoin Core GUI and helping in its development. Recently, he implemented its onboarding view and is now focused on implementing a Bitcoin block clock for the new version of the GUI. 

__Stratospher__ — also an alumni of Summer of Bitcoin, Stratospher is focused on implementing the cryptography for BIP324’s integration testing framework, and has written illustrated blog posts about techniques to securely transmit public keys.

We are grateful for the work the Bitcoin Developers sponsored by Superlunar have accomplished, and we are dedicated to furthering our support for the Bitcoin community as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Gemini’s Superlunar Expands Support for Bitcoin Developers With Sponsorships Across Four Continents

Today, we are excited to announce a partnership with Betterment, the [largest independent digital investment advisor in the U.S.](https://www.betterment.com/legal/company-description), to begin offering crypto investment portfolios to customers across its retail and Betterment for Advisors offerings. 

Betterment’s forthcoming crypto offering will enable customers to invest in curated crypto portfolios constructed from digital assets listed on the Gemini Exchange, and we will act as Betterment’s crypto custodian. By integrating with Gemini, Betterment customers will be able to gain exposure to the crypto asset class to further diversify their long term investment portfolios on a platform that they already know and trust.

Starting next month, Betterment customers will have access to expert-built crypto portfolios, assembled by Betterment, through their accounts, and Betterment for Advisors’s partners will have the ability to offer crypto to their clients. Betterment has over 730,000 customers across all of its business lines and offerings.

"We are delighted to expand our institutional partnerships through this Betterment integration," said Paget Stanco, Principal, Business Development at Gemini. "Through our suite of institutional products, we provide crypto infrastructure solutions to a growing number of asset managers, financial institutions, and platforms on a global scale. Our partnership with Betterment further cements Gemini as a leader in providing efficient access to crypto.”

Gemini’s Betterment partnership comes on the heels of a number of exciting institutional announcements. In July, we announced that our [customers in the UK can use Plaid](https://www.gemini.com/blog/gemini-uk-customers-can-now-use-plaid-to-connect-their-bank-accounts) to seamlessly connect their bank accounts, and that we are serving as [custodian for three of Holon Global Investments’ crypto funds](https://www.gemini.com/blog/gemini-custodies-australias-lowest-fee-bitcoin-ethereum-and-filecoin-funds).

To learn more about Gemini’s full stack of institutional crypto offerings, [we invite you to reach out to us here](https://www.gemini.com/institutions). To learn more about Betterment’s crypto offerings please visit [betterment.com/crypto](https://www.betterment.com/crypto).

Onward and Upward!

Team Gemini

*This content is for general informational purposes only and is not investment advice. Buying, selling, and trading cryptocurrency involves risks, including the risk of losing all of the invested amount. You should consult a qualified, licensed advisor before engaging in any transaction.  Past performance is no guarantee of future results. Digital assets are not legal tender and are not backed by the U.S. government. Digital assets are not subject to Federal Deposit Insurance Corporation (FDIC) insurance or Securities Investor Protection Corporation (SIPC) protections.*

*Updated: October 6, 2022.*

Gemini and Betterment Partner to Bring Diversified Crypto Portfolios to Investors

Today, we are thrilled to announce that Ethereum (ETH) staking is coming to Gemini on September 29, 2022. To celebrate Ethereum’s momentous shift from proof-of-work (PoW) to proof-of-stake (PoS), users who stake ETH on Gemini through the end of October will stake ETH for free, meaning they will get 15% more rewards on their staked ETH during the month. 

In August, [we launched Gemini staking](https://www.gemini.com/blog/gemini-launches-staking-for-polygon-matic), allowing users to stake MATIC quickly and securely within a few steps. __Adding ETH staking is an important milestone as we continue to expand our suite of product offerings.__ 

[Learn more about Gemini Staking here](https://www.gemini.com/staking). 

## No Fee ETH Staking

To celebrate the launch of ETH staking, we will offer Gemini customers who stake ETH a phenomenal staking benefit beginning on the launch date of September 29, 2022, to October 31, 2022, at 11:59pm EST. 

- __No fee ETH staking:__ Customers will receive 15% in ETH rewards above the base staking reward rate when staking with us through the end of October, with this no-fee promotion. You will see your daily staking APY in the Grow tab of the Gemini app. 
- __No transaction fees with “Buy and Stake”:__ Customers who use the “Buy and Stake” option to buy and stake ETH with us, will have no transaction fees during the month of October. 

*__Please note that you will not be able to unstake ETH until a future Ethereum network upgrade.__*

## Why Stake Your ETH on Gemini?

At Gemini, we simplify and secure the staking process, allowing you to stake your assets with more confidence in just a few steps. And, we protect your staked assets by reimbursing you for penalties imposed by validators on your staked tokens.

Gemini Staking helps customers avoid challenges with staking while earning rewards quickly and securely:

- __Covered Infrastructure Costs and Gas Fees__ — Gemini will cover any expenses associated with staking and unstaking processes.
- __Slashing Protection__ — Gemini will reimburse you for slashing penalties imposed in connection with staking.
- __Institutional-Grade Security__ — With Gemini Staking, customers do not need to manage private keys and their associated risks, and can rely on Gemini’s [industry-leading security features](https://www.gemini.com/security).
- __No Staking Minimum__ – Anyone can stake as little as they want. Whenever possible, Gemini will create staking pools and share staking rewards back with customers proportional to the value of their staked ETH.

We will continue to build products to enhance your crypto experience, as we move forward on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Ethereum (ETH) Staking Coming to Gemini on September 29

This week, internationally-acclaimed fashion designer Vivienne Tam debuted a dress printed with NFTs from Gemini-owned Nifty Gateway’s [Awkward Astronaut collection](https://www.niftygateway.com/awkward-astronauts) during her New York Fashion Week (NYFW) 2022 show. The show, featuring collaborations with multiple NFT collections, was designed to inspire women and girls to explore the world of crypto. 

The partnership between Nifty Gateway and Vivienne Tam is one of several recent initiatives from Gemini designed to usher in the next billion crypto users through NFTs. These include the [launch of Nifty Gateway Publishers](https://www.gemini.com/blog/nifty-gateway-now-empowers-curators-to-build-their-own-nft-storefronts) and the news that Nifty Gateway will be [powering Starbucks Odyssey](https://twitter.com/niftygateway/status/1569333882578784257?s=20&t=ocwS1L857fpfRwVInkHPqw), a Web3 and NFT-based evolution of the Starbucks loyalty program.

By showcasing the Awkward Astronaut NFT collection through fashion, Vivienne Tam will be exposing the more than 200,000 people who travel from all over the world to attend NYFW to the promise and creative potential of crypto and blockchain technology. 

“We're really excited about the convergence of NFTs and fashion. The more use cases we can create between crypto and creatives the more positive outcomes we’re going to see,” said Cameron Winklevoss, President of Gemini.

Vivienne Tam is an international designer known for her East-meets-West approach to design and for merging fashion with technology. She is the author of the award-winning book China Chic and pieces from her collections are housed in the permanent archives of the world’s most prestigious museums including the Metropolitan Museum of Art in New York and the Victoria and Albert Museum in London. 

This unique crossover between fashion and crypto is a powerful representation of our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Gemini and Vivienne Tam Partner to Inspire Crypto Awareness Through Fashion at NYFW 2022

Personal finance is increasingly at our fingertips, whether through banking and investing apps on our phones or debit and credit cards in our wallets. At Gemini, we believe that a focus on well-designed technology can enhance your financial experience by creating simple, intuitive, and easy-to-use tools.

The intersection of design and technology has played an important role in the development of [the Gemini Credit Card](https://www.gemini.com/credit-card),1 and we are continually iterating to ensure we design a delightful crypto rewards credit card journey for our users. 

## Upgrading Your Transaction Experience

Over the past month, we have been particularly excited about a redesign of the Gemini Credit Card’s Transactions and Rewards experience. 

Disbursing credit card rewards at the moment you swipe your card can be complex. For example, when you visit a restaurant and leave a tip, you have effectively swiped your card twice, once for the original bill and once for the tip amount. On other credit cards, these two swipes may not be apparent to you because when the transaction finally settles, you’ll only see a single amount — the original billed amount plus the tip amount. However, when using the Gemini Credit Card, where you immediately earn crypto back on your purchases,2 you’ll receive two rewards.

![CreditCard-DesignFocus-Blog-Inline (1)](//images.ctfassets.net/jg6lo9a2ukvr/hDQKL6w64DyiZFRMbio5P/dcd744f9f24a634bcf2b7fffa676e216/CreditCard-DesignFocus-Blog-Inline__1_.png)

Prior to our redesign, it was difficult to determine that the two rewards came from the same purchase. Now, when you click “View rewards” in the Gemini app, and view any individual reward, related transactions are grouped together. You can see all of the component rewards for a transaction’s “lifecycle” as one holistic transaction.

Our real-time credit card rewards innovation also ensures that you never lose rewards you’ve earned, even when a transaction is reversed or settled for a lower amount.3 When a transaction is modified, a [rewards adjustment](https://support.gemini.com/hc/en-us/articles/4407607466907-Credit-Card-Rewards-Adjustment) is implemented. While you’ll keep your excess crypto rewards from the original transaction, future rewards will be paused until the excess is covered by the next transactions. If the value of your earned crypto increases you don’t have to worry about having your rewards clawed-back if the transaction is modified down the road. 

Not only have we made our crypto credit card rewards easier to understand and more intuitive, Gemini Credit Card users will also notice that we now include merchant logos and customer-friendly merchant names in both the Transactions and Rewards screens.

![CreditCard-DesignFocus-Blog-Inline-1 (1)](//images.ctfassets.net/jg6lo9a2ukvr/32Xzz9dPizv5IczDziKGqi/80a4f0bd7ace34023090f1fe330d0674/CreditCard-DesignFocus-Blog-Inline-1__1_.png)

## Design Is Central to Product Success

Our unique focus on usability is central to ensuring our products solve user needs and minimize friction. 

Merging design and technology has allowed us to build a delightful end-to-end crypto credit card experience, from the sleek metal card designs to simple and secure access to all your credit card information through the Gemini app. 

__[Apply for the Gemini Credit Card today!](https://www.gemini.com/credit-card)__

But, we’re not done! We will continue to iterate on our Gemini Credit Card user experience to ensure we remain at the forefront of personal finance innovation. We love to hear directly from our users on how we can make our products even better. Drop us a note by emailing us at support@gemini.com.

Onward and Upward!

Marcus Skala, VP Design 
Jorge Vasquez, VP Neo Banking

1 A Gemini Mastercard® issued by WebBank. 
2 Some exclusions apply in which rewards are deposited when the transaction posts. 
3 If a credit is issued to your account, the original U.S. dollar amount of rewards associated with that credit will be deducted from the amount of rewards associated with the next transaction(s). See [Rewards Program Terms](https://www.gemini.com/legal/credit-card-rewards-agreement#section-welcome-to-the-gemini-credit-card-crypto-rewards-program-the-rewards-program) for further details.

Using Technology and Design to Enhance Your Gemini Credit Card Experience

We are thrilled to announce support for Binance USD (BUSD)!

__[BUSD](https://www.gemini.com/prices/binance-usd)* is now available for trading__ on our API/FIX and ActiveTrader applications for the USD trading pair, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs!

[If you don’t have a Gemini account, you can create one here](https://exchange.gemini.com/register).

We are excited to support more than 120 tokens on Gemini! Learn more about all the tokens we support [here](https://www.gemini.com/prices).

We believe support for BUSD will provide value to our users as we continue to support the growth of the crypto ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*We support the Ethereum (ERC-20) version of BUSD. BUSD purchased on Gemini can be withdrawn to an Ethereum compatible wallet and swapped to its native version using a bridge.

*Update: September 8, 2022*

__More about Binance USD (BUSD)__

Binance USD (BUSD) is a USD-backed stablecoin issued by Paxos Trust Company in partnership with Binance. Binance acts as a merchant, primary exchange, and secondary exchange for BUSD. BUSD is an ERC-20 utility token compliant with the Ethereum network. BUSD can be minted and redeemed in exchange for U.S. dollars through Paxos or Binance. We support the Ethereum (ERC-20) version of BUSD. BUSD purchased on Gemini can be withdrawn to an Ethereum compatible wallet and swapped to its native version using a bridge.

[Binance USD website](https://paxos.com/busd/)


Gemini Now Supports Binance USD (BUSD)

Earning crypto rewards with the [Gemini Credit Card](https://www.gemini.com/credit-card)1 is as easy as swiping your card. __Unlocking an exclusive NFT just got easier too__. Starting today, new and existing Gemini Credit Card users can earn a limited edition animated NFT by simply spending $1,500 within 31 days, following card activation.2

__Spend $1,500 within 31 days following card activation, and link your Nifty Gateway account__.

If you’re an __existing [Gemini Credit Card holder](https://www.gemini.com/credit-card)__, you can unlock your limited edition NFT by following these steps:

1. __Make $1,500 in purchases__, following card activation, between today, September 6, 2022, and 11:59 pm ET on October 6, 2022. 
2. Make sure you __create a Nifty Gateway account and link it to your Gemini account__. To link accounts, go to Payment Methods on Nifty Gateway and select “Connect Gemini Account”. You will be prompted to login to Gemini, and then select “Allow.”

If you’re __not yet a cardholder__, you can unlock your limited edition NFT by following these steps:

1. __[Get approved for a Gemini Credit Card](https://creditcard.exchange.gemini.com/credit-card/apply)__ by October 6, 2022
2. You can __activate your card__ in the Gemini web or mobile app3
3. __Make $1,500 in purchases__ within 31 days of card activation
4. Make sure you __create a Nifty Gateway account and link it to your Gemini account__. To link accounts, go to Payment Methods on Nifty Gateway and select “Connect Gemini Account”. You will be prompted to login to Gemini, and then select “Allow.”

[__Apply for the Gemini Credit Card today!__](https://creditcard.exchange.gemini.com/credit-card/apply)

We’re minting the limited edition NFTs on a yet-to-be-announced day in November 2022, and cardholders who qualify by spending $1,500 within 31 days will receive their NFTs in their Nifty Gateway accounts on that day.

## Unlock One of Three Limited Edition Animated NFTs

Each cardholder who meets the $1,500 spend minimum within a 31-day period will unlock one of three animated NFTs created by renowned Belgian 3D artist, Stijn Orlans. The artwork for each of the three NFTs won't be revealed until the minting process. 

While we’re not revealing the NFTs just yet, we’ll give you a hint: each will be an animated NFT conceptually similar to the pre-reveal image you see in the blog image above. Imagine along the lines of: dreamy fairytale meets your favorite theme park.

## More About the Gemini Credit Card

With the Gemini Credit Card, you can earn up to 3% crypto back on dining,4 2% crypto back on groceries, and 1% crypto back on all other purchases, with rewards automatically deposited into your Gemini exchange account.

Our crypto credit card is accepted wherever Mastercard is accepted, and you can choose to receive rewards in any of the 60+ cryptos we currently support for rewards, including bitcoin, ether, and Solana. You can also switch reward types at any time.

We are thrilled to enhance your crypto credit card experience by offering you the opportunity to earn a limited edition NFT.

Onward and Upward!

Team Gemini

1 A Gemini Mastercard® issued by WebBank. 
2 Terms apply, including the requirement to create (or log into an existing) Nifty Gateway account and link to your Gemini account in order to receive the NFT. [See The Gemini Credit Card Spend-NFT Promo Terms for further details](https://www.gemini.com/legal/gemini-credit-card-spend-promotion). 
3 Activate your card by October 16, 2022, to be eligible. [See Terms for further details](https://www.gemini.com/legal/gemini-credit-card-spend-promotion). 
4 Up to $6,000 in annual spend, then 1% back on everything else.

Unlock a Limited Edition NFT With The Gemini Credit Card

On September 1, a beta group of 50 art curators will start launching drops through their own NFT storefronts on [Nifty Gateway](https://www.niftygateway.com/). With Publishers, Nifty Gateway handles the complexity of creating an NFT storefront so that curators can focus on what they do best — identifying great art. 

Nifty Gateway’s suite of tools gives curators everything they need to successfully operate NFT storefronts. These tools include:

- __Accessible Buyer Experience__ — Users can purchase NFTs from a Nifty Gateway drop as easily as making a purchase on any other online retail marketplace. Flexible payment options and secure custody solutions streamline the user experience. 
- __No-Code NFT Minting__ — A seamless and low cost NFT minting dashboard.
- __Powerful Drop Types__ — Curators can build a compelling experience through a variety of unique drop types, including First-Come First-Served Releases, 1/1 Auctions, Open Editions, and more. 

Over time, Publishers will expand beyond art curators to include many other groups who want to release NFTs, such as artists publishing their own works, brands releasing NFTs for loyalty or utility, and more.

## A New Way to Earn a Living in Web3 

With Publishers, Nifty Gateway has introduced a new way for people to earn a living in Web3 — by becoming curators.

A curator is someone who partners with artists to release NFTs. Since inception, Nifty Gateway has acted as a curator through Nifty Gateway Curated Drops and successfully curated drops with more than 400 artists who have been paid out over $500 million.
![NG Publisher Tool DragAndDrop Demo (1)](//images.ctfassets.net/jg6lo9a2ukvr/68M7Is3VDLB3ZXnE5UsP4f/d767f6df41a492844d1558fa64bbe4f6/NG_Publisher_Tool_DragAndDrop_Demo__1_.gif)
Currently, the NFT space lacks tools built specifically to empower curators. Instead, existing NFT minting tools are largely designed for creators to sell their NFTs directly to collectors. Nifty Gateway Publishers reimagines this dynamic.

“Nifty Gateway artists consistently say that without our in-house curators they wouldn’t be able to achieve the same level of success,” said Duncan Cock Foster. “Curation should be limited only by vision and the ability to identify talented artists. In the same way that Shopify made e-commerce accessible for millions of people and created a new way to make money online, Nifty Gateway Publishers aims to do the same in NFTs and Web3. By opening up our platform to more curators, I believe that we will significantly increase the number of curators and artists who can earn a living by selling NFTs.”

## Ushering In the Next Generation of Curators

Publishers will provide a new generation of curators with access to Nifty Gateway’s powerful tools, allowing them to help artists achieve the results that Nifty Gateway has generated at scale. 

If you want to get started curating your own NFT storefront, visit [niftygateway.com/publishers](https://www.niftygateway.com/publishers) and sign up to register your interest in being a Publisher. Currently, the product is only available in limited beta, but we plan to increase access over the next few months — so register your interest today!

Onward and Upward!

Team Gemini

Nifty Gateway Now Empowers Curators to Build Their Own NFT Storefronts With "Publishers"

*__Update: September 13, 2022__*

The event much of the crypto ecosystem has been eagerly anticipating is nearly here! The Ethereum Merge is expected to begin the evening of Wednesday, September 14, 2022, Eastern Time. As highlighted in the blog below, no action is required by Gemini users to upgrade, and your funds will remain safe throughout the Merge. 

Here are some other details to keep in mind:

- __Deposits of ETH and ERC-20 tokens are expected to be disabled around 9pm EST on Wednesday, September 14, 2022.__ Once the Merge has been completed and we have independently verified the stability of the network, deposits will be turned back on. We expect deposits to be enabled early Thursday, September 15, 2022. During this period, please refrain from sending ETH or ERC-20 tokens to Gemini, as they may not be recoverable. Note: [follow our status page for specific timing updates](https://status.gemini.com/). 
- __A snapshot of all ETH and ERC-20 wallet balances will be taken about one hour before the Merge is set to take place.__ This snapshot will serve as a source of truth for funds held by users on Gemini prior to the Merge. 

---

Likely the most consequential Ethereum network upgrade yet, termed “[The Merge](https://ethereum.org/en/upgrades/merge/),” is planned for mid-September. The upgrade will codify Ethereum’s long-awaited move to [Proof-of-Stake (PoS)](https://www.gemini.com/cryptopedia/search?query=Proof%20of%20Stake%20(PoS)) from its existing [Proof-of-Work (PoW)](https://www.gemini.com/cryptopedia/search?query=Proof%20of%20Work%20(PoW)) consensus mechanism. 

Following years of planning, and numerous test merges, Ethereum is on track to merge its existing execution layer (Mainnet) with the Beacon Chain, its parallel PoS system. The Merge is expected to make Ethereum more scalable, secure, and sustainable, with a projected 99.95% reduction in energy consumption. 

## What to Expect as a Gemini User

There are three main points to keep in mind:

1. __Gemini will support Ethereum’s PoS chain__ — Following the Merge, we will support the Ethereum PoS chain. We expect all Ethereum (ETH) and ERC-20 assets held at Gemini to be available on the PoS chain following the Merge. 
2. __No action is needed to upgrade__ — As a Gemini user, you do not need to take any action in order to shift your assets to the new PoS chain. 
3. __All funds held at Gemini will remain secure throughout the Merge__ — The Gemini team is actively planning for Merge-related disruptions to our operations, which are normal and expected when blockchains undergo significant updates. While there may be some short-term impacts to Gemini’s operations, all Gemini funds will remain secure throughout the Merge. 

## Anticipated Impact on Gemini Operations

Around the time of the Merge, there is potential for some short-term disruptions as validators, developers, applications, and users move over to the PoS Beacon chain. We expect some Gemini systems to be impacted by these disruptions, including:

- __Deposits and Withdrawals__ — We are expecting to pause Ethereum (ETH) and ERC-20 deposits and withdrawals for a short period of time before and after the Merge as we assess network stability. 
- __Wallet Balances__ — To ensure parity between ETH and ERC-20 assets held on Gemini prior to and after the Merge, we will take a snapshot of all balances before the Merge  and make sure that assets are correctly reflected post-Merge.
- __Gemini dollar (GUSD)__ — Following the Merge, GUSD assets will be shifted to Ethereum’s PoS chain, after which they will be redeemable.

__All Gemini trading systems will remain active throughout the Merge.__ 

At Gemini, we believe this milestone for the Ethereum ecosystem will drive increased adoption, security, and sustainability of blockchain networks. 

As we get closer to the Merge, we will continue to communicate short-term changes to our systems as we prepare for the transition to Ethereum’s PoS blockchain. Please refer back to this blog for updates as additional information becomes available. 

Onward and Upward!

Team Gemini

The Ethereum Merge: What Gemini Users Need to Know

We are thrilled to announce support for a new set of tokens!

The following tokens are now available for trading on Gemini: 

- [Immutable X __(IMX)__](https://www.gemini.com/prices/immutable-x)*
- [Biconomy __(BICO)__](https://www.gemini.com/prices/biconomy)
- [IoTeX __(IOTX)__](https://www.gemini.com/prices/iotex)*
- [PlayDapp __(PLA)__](https://www.gemini.com/prices/playdapp)

__[If you don’t have a Gemini account, you can create one here](https://exchange.gemini.com/register).__

These tokens are available for trading on our API/FIX and ActiveTrader applications for USD trading pairs. They are also available on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs, and are available for custody on Gemini.

We are excited to support more than 120 tokens on Gemini! [Learn more about all the tokens we support here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the DeFi and NFT ecosystems. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*We support the Ethereum (ERC-20) versions of IMX and IOTX. IMX and IOTX purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to their native versions using a bridge.

*Updated: August 24, 2022*

![Blog Inline Immutable X](//images.ctfassets.net/jg6lo9a2ukvr/4qOoDTRuhOkdwg0S2YKaUR/60d2df06750bc4917695e7a18441431f/Blog_Inline_Immutable_X.png)
__Immutable X (IMX)__

Immutable X is an Ethereum Layer-2 scaling solution designed for NFTs. Using what is known as [zero-knowledge proof technology (ZK rollups)](https://www.gemini.com/cryptopedia/search?query=Zero-Knowledge%20Rollup%20(zk-Rollup)), Immutable X aims to increase the rate of on-chain NFT transfers, trades, and mints, and decrease network fees. The platform has a global NFT marketplace that provides increased liquidity by allowing NFTs listed on Immutable X to be traded through other marketplaces. IMX is a utility and governance token. Its three main use cases are paying network fees, staking, and governance. We support the Ethereum (ERC-20) version of IMX, which is a multi-chain asset. IMX purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of IMX using a bridge.

![Blog Inline Biconomy](//images.ctfassets.net/jg6lo9a2ukvr/RNKatztjOhb1akRYdnEc9/1e63999dc7877ecd7a47aac0bdeea846/Blog_Inline_Biconomy.png)
__Biconomy (BICO)__

Biconomy is a cross-chain relay infrastructure platform built for general-purpose applications. Applications built on Biconomy can seamlessly move assets between Ethereum Virtual Machine (EVM)-style blockchains such as Ethereum, Polygon, and Avalanche, among others. BICO is an ERC-20 governance and rewards token compliant with the Ethereum network. 

![Blog Inline IoTeX](//images.ctfassets.net/jg6lo9a2ukvr/2GN1fwm4oWW2STlJKDBlWW/331c0898ad219c3d226a91abd7bf400d/Blog_Inline_IoTeX.png)
__IoTeX (IOTX)__

IoTeX is an Ethereum Virtual Machine (EVM)-compatible blockchain that aims to integrate with the Internet of Things (IoT)-connected devices. The IoTeX platform connects real-world data from trusted devices to on-chain dApps and data oracles, with a focus on security and native, end-to-end encryption. Whereas IoTeX launched first on Ethereum, it has subsequently launched a native mainnet blockchain. IOTX is an utility token for the IoTeX native Layer-1 blockchain. IOTX is 1) used to pay gas fees on the IoTeX blockchain, 2) required to stake for network consensus, and 3) used for governance over the network. We support the Ethereum (ERC-20) version of IOTX, which is a multi-chain asset. IOTX purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of IOTX using a bridge.

![Blog Inline PlayDapp](//images.ctfassets.net/jg6lo9a2ukvr/7nk1BlqfXIQMXBk4HH99iy/e734c6202191a60e2f429ea4c28cb9ba/Blog_Inline_PlayDapp.png)
__PlayDapp (PLA)__

PlayDapp is a platform that integrates blockchain-based software development kits and marketplaces with traditional consumer applications. With a focus on interoperability, PlayDapp has integrated with mobile games to allow for NFT ownership of in-game items. PLA is an ERC-20 utility token compliant with the Ethereum network, and serves as a payment method for marketplace and in-game purchases as well as a reward for in-game achievements or for third-party developers who contribute to the ecosystem. 

Gemini Now Supports Immutable X (IMX), Biconomy (BICO), IoTeX (IOTX), and PlayDapp (PLA)

We are pleased to announce the launch of [Gemini Staking](https://www.gemini.com/staking), which allows you to seamlessly receive staking rewards in your Gemini account. As of today, you can start staking [MATIC* on the Polygon network](https://www.gemini.com/prices/polygon). [Ethereum (ETH)](https://www.gemini.com/prices/ether), [Solana (SOL)](https://www.gemini.com/prices/solana), [Polkadot (DOT)](https://www.gemini.com/prices/polkadot), and [Audius (AUDIO)](https://www.gemini.com/prices/audius) support will be launched soon. 

Gemini Staking is available to users in the United States (excluding New York), Singapore, Hong Kong, Australia, Brazil, and [more than 30 other jurisdictions](https://support.gemini.com/hc/en-us/articles/8160117734811-Where-is-Gemini-Staking-available-).

## What Is Staking?

Staking is central to [Proof-of-Stake consensus mechanisms](https://www.gemini.com/cryptopedia/staking-rewards-pos-blockchains), whereby users pledge crypto to securely validate transactions on a blockchain network. Once validated, users who have staked their crypto receive tokens as a reward. 

Staking may seem like a daunting task for users who are not steeped in crypto. There are challenges associated with selecting or running your own [validator node](https://www.gemini.com/cryptopedia/search?query=Validator), ranging from protecting your private keys to ensuring the validators are always connected to the network. Small mistakes can lead to network-imposed penalties and the loss of staked tokens. 

## Staking Crypto on Gemini

At Gemini, we simplify and secure the staking process, allowing you to stake your assets with more confidence in just a few steps. And, we protect your staked assets by reimbursing you for  penalties imposed by validators on your staked tokens.

[Learn how to stake your crypto on Gemini](https://www.gemini.com/staking). 

Gemini Staking helps customers avoid challenges with staking while earning rewards quickly and securely: 

- __Covered Infrastructure Costs and Gas Fees__ — Gemini will cover any expenses associated with staking and unstaking processes.
- __Slashing Protection__ — Gemini will reimburse you for certain penalties imposed in connection with staking, such as slashing penalties.
- __Institutional-Grade Security__ — With Gemini Staking, customers do not need to manage private keys and the associated risks, and can rely on Gemini’s [industry-leading security features](https://www.gemini.com/security). 

## Earning Yield on Your Crypto With Gemini

Staking is the second yield-generating product launched by Gemini, following [Gemini Earn](https://www.gemini.com/earn). While both Staking and Earn allow you to earn yield on your crypto, there are important differences in how those yields are generated. 

As outlined above, Gemini Staking offers a seamless way to further explore the world of crypto and help secure and validate blockchain transactions, with yield generated through crypto rewards paid out to validators. With Gemini Earn, we partner with accredited and thoroughly vetted third-party borrowers who deliver yield to Gemini users generated through payment of interest on loaned assets.

“The launch of Gemini Staking underscores our continued commitment to offering a full suite of innovative options for our customers to put their crypto assets to work,” said Franck Kengne, Product Manager at Gemini. “We continue to seek out new ways to help our customers grow their crypto portfolios and tailor them to their risk appetite — staking is an important next step in that evolution.”

You can learn more about how [staking and Proof-of-Stake blockchains work here](https://www.gemini.com/cryptopedia/staking-rewards-pos-blockchains#section-proof-of-stake-explained). 

We are thrilled to continue building out a robust suite of products that enhance your crypto experience as we advance our mission to unlock the next era of financial, creative, and personal freedom. 

Onward and Upward!

Team Gemini

*Remember that Gemini supports the ERC-20 version of MATIC.

*Updated: September 8, 2022*

Announcing the Launch of Gemini Staking

The crypto industry has grown dramatically over the past decade, and while still in its infancy, we’ve already started to see crypto and blockchain incorporated into traditional financial products and services. At Gemini, we’re on a mission to unlock the next era of financial, creative, and personal freedom, and we’ve built a [__crypto credit card__](https://www.gemini.com/credit-card) to allow you to seamlessly get started in crypto with a swipe. 

[__The Gemini Credit Card can help you invest in crypto__](https://www.gemini.com/credit-card) over time and build a crypto portfolio that averages out the inevitable ups and downs in asset prices. 

## Confidently Invest in Crypto Over Time

Forget about trying to time the market — another potential way to build wealth is by investing in smaller increments over time, rather than investing a lump sum all at once. When making a one-time investment in crypto, or any asset for that matter, an investor generally hopes they’ve locked in a price per token with significant upside. 

Instead of worrying about when prices will hit a peak or bottom out, investing in crypto over time allows you to average out your purchase price per token. 

Given the volatility inherent to financial markets, [investors with a lower risk tolerance may choose to invest in crypto in this manner](https://www.gemini.com/cryptopedia/dollar-cost-average-crypto-invest). Buying at regular intervals, regardless of price swings, can help investors avoid just one poorly-timed lump-sum purchase. 

Importantly, investing in crypto over time in this way can also remove emotion from your crypto investment strategy, and temper the fear of missing out during a bull run. 

## Getting Started in Crypto With the Gemini Credit Card

The Gemini Credit Card1 is a powerful tool for you to get started with crypto. You can begin with the swipe of a card and start building your crypto portfolio right away. But, instead of spending your own money to buy crypto, your credit card rewards are automatically invested in the crypto of your choice. 

As we’ve seen throughout the history of crypto, prices are inherently volatile and finding the right time to invest can be fraught with pitfalls. Rather than trying to find that perfect time to invest, with the Gemini Credit Card, you can go shopping, pay for dinner, or snap up tickets to your favorite movie and start incrementally building a crypto portfolio at the same time. 

[__Apply for the Gemini Credit Card today!__](https://www.gemini.com/credit-card)

With the Gemini Mastercard you can earn crypto rewards on every purchase. Earn up to 3% crypto back on dining,2 2% crypto back on groceries, and 1% crypto back on all other purchases, with rewards automatically deposited into your Gemini exchange account. 

The Gemini Credit Card is accepted wherever Mastercard is accepted, and you can choose to receive rewards in any of the 60+ cryptos we currently support for rewards, including bitcoin, ether, and Solana. You can also switch reward types at any time.

As crypto and blockchain continue to reshape the way we conceptualize financial transactions and monetary value, we are delighted to bring a revolutionary crypto credit card to market, making investing in crypto easier than ever before.

Onward and Upward!

Team Gemini

1 A Gemini Mastercard® issued by WebBank. 
2 Up to $6,000 in annual spend, then 1% back on everything else.

*This material is for informational purposes only and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of Gemini. Gemini, its affiliates and its employees do not make any representation or warranty, expressed or implied, as to accuracy or completeness of the information or any other information transmitted or made available. Buying, selling, and trading cryptocurrency involves risks, including the risk of losing all of the invested amount. Recipients should consult their advisors before making any investment decision. Any use, review, retransmission, distribution, or reproduction of these materials, in whole or in part, is strictly prohibited in any form without the express written approval of Gemini.*

The Gemini Credit Card: Start Building Your Crypto Portfolio With a Swipe

We are thrilled to announce support for a new set of tokens!

The following tokens are now available for trading on Gemini: 

- [Euler Finance __(EUL)__](https://www.gemini.com/prices/euler) 
- [Project Galaxy __(GAL)__](https://www.gemini.com/prices/project-galaxy)
- [Samoyedcoin __(SAMO)__](https://www.gemini.com/prices/samoyedcoin)

[__If you don’t have a Gemini account, you can create one here__](https://exchange.gemini.com/register).

These tokens are available for trading on our API/FIX and ActiveTrader applications for USD trading pairs. They are also available on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs, and are available for custody on Gemini.

We are excited to support more than 120 tokens on Gemini! [Learn more about all the tokens we support here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the decentralized finance ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: August 3, 2022*

![Blog Inline Euler](//images.ctfassets.net/jg6lo9a2ukvr/5hRT9BrSt3VSyPERzJ5vK/1dab686c6ff58e5fd6e3c67f08181289/Blog_Inline_Euler.png)
__Euler Finance (EUL)__

Euler Finance is a permissionless lending protocol that allows users to earn interest on their crypto assets or hedge against volatile markets. Euler has a number of DeFi products, including permissionless lending markets, reactive interest rates, protected collateral, multi-collateral stability pools, sub-accounts, risk-adjusted loans, and more. EUL is an ERC-20 utility token compliant with the Ethereum network. EUL is primarily used for governance and as an incentive on the Euler Finance lending protocol. 

![Blog Inline Project Galaxy](//images.ctfassets.net/jg6lo9a2ukvr/3VoamWfvmRFzbroVMxBUA8/ec2c5c7dd55aa8631545934b4f14e547/Blog_Inline_Project_Galaxy.png)
__Project Galaxy (GAL)__

Project Galaxy is a Web3 credential data network that aims to help Web3 developers and projects leverage on-chain credential tracking to build products and communities. Use cases include Galaxy OATs (On-chain Achievement tokens), NFT loyalty programs, gated communities, and customized governance. GAL is an ERC-20 utility token compliant with the Ethereum network. The token has four main use cases: governance, paying for application module fees, paying for Galaxy Oracle Engine and Galaxy Credential API, and curating digital credentials. 

![Blog Inline Samoyed](//images.ctfassets.net/jg6lo9a2ukvr/4slqQDWlG5hJn2rQABz5Ie/9dd525fc74ce7199fce9ad8363f27238/Blog_Inline_Samoyed.png)
__Samoyedcoin (SAMO)__

Samoyedcoin can be described as the Dogecoin of Solana, and brands itself as the premier community token and symbol of the Solana ecosystem. Through the use of memes and other engagement tactics, SAMO has become a marketing vehicle for the Solana community. SAMO aims to support the onboarding of new users to Solana, and build a community seeking to better navigate the crypto industry. SAMO is an SPL utility token compliant with the Solana network. SAMO is a payment token and is supported SPL token on Solana Pay.

Gemini Now Supports Euler Finance (EUL), Project Galaxy (GAL), and Samoyedcoin (SAMO)

We are excited to further our partnership with leading Australian fund manager Holon Global Investments, serving as the custodian partner for their unlisted retail Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) funds. 

The [BTC](https://www.gemini.com/prices/bitcoin), [ETH](https://www.gemini.com/prices/ether), and [FIL](https://www.gemini.com/prices/filecoin) held by the funds are stored and managed by [Gemini Custody](https://www.gemini.com/custody). This latest partnership with Holon is a testament to Gemini’s commitment to increasing accessibility to crypto across the globe. 

Holon’s unlisted funds are under Gemini Fund Solutions, which offers unparalleled support from product ideation through launch. Holon uses Gemini’s crypto trade execution services and its regulated and insured custody service that removes the need for investors to manage their own crypto wallets. The funds are structured as retail managed investment schemes, increasing accessibility for investors and advisers who seek exposure to crypto. 

As the lowest fee Bitcoin, Ethereum and Filecoin funds publicly offered in Australia, the funds will offer access to some of the most well-known cryptocurrencies, with a 0.4% management fee and 0.4% capped fund expenses. The funds are long only, with no gearing and no trading.   

[We first announced our partnership with Holon in August 2021](https://www.gemini.com/blog/gemini-to-custody-australia-based-holon-globals-filecoin-fund), with Gemini serving as the custodian and execution partner for the Holon Wholesale Filecoin Fund. Our partnership with Holon reinforces Gemini’s global reach as we navigate the Australian market alongside one of the most innovative and forward-looking asset managers in the region.

Through Gemini Custody and Gemini Fund Solutions, we offer crypto services and infrastructure to a growing number of asset managers and financial institutions globally. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, the safety and security of our clients’ assets is our top priority.

To find out more about our full-stack of institutional crypto offerings, [we invite you to reach out to us here](https://www.gemini.com/institutions).  

Onward and Upward!

Team Gemini

Gemini Custodies Australia’s Lowest Fee Bitcoin, Ethereum, and Filecoin Funds with Holon

Our users in the UK can now use Plaid to link their bank account and transfer British Pounds (GBP) into their Gemini account to seamlessly purchase crypto, without leaving our app.

With our Plaid integration, we continue to build bridges between traditional finance and the crypto ecosystem, enabling users to make secure deposits into their Gemini accounts without manually entering their bank details, and with no extra fees. In the U.S., our customers can already use Plaid to verify their identity, link their bank, and fund their accounts. 

Plaid is an open banking data network and payments platform that is used by over 6,000 apps and connects to 12,000 financial institutions across the world. Offering the ability to fund accounts through Plaid also simplifies the onboarding experience for our users, further reducing barriers to entry into the crypto ecosystem. 

__Use Plaid to fund your Gemini account and buy crypto in minutes.__ 

To get started with Plaid, open your Gemini app and go to Account > Manage Payment Methods > Add another method > Bank account instantly via Plaid. Then continue through the flow on the screen to enter your bank login credentials via Plaid.

If you have already connected your bank account to Gemini using Plaid, you may first need to remove that bank account from your Gemini account and then start the linking process again.

Gemini users in the UK can also buy crypto instantly with a debit card, Apple Pay, or Google Pay, and can fund their Gemini accounts using bank transfers and crypto transfers.

We will continue to work together to create faster, simpler ways to buy crypto for Gemini users globally, including launching Plaid functionality as we expand our presence in countries across Europe.

Onward and Upward!

Team Gemini

Gemini UK Customers Can Now Use Plaid to Connect Their Bank Accounts and Buy Crypto

Welcome back to our Token Spotlight series! This week we are taking a look at [Index Cooperative (INDEX)](https://www.gemini.com/prices/index-cooperative), a decentralized autonomous organization (DAO) that offers structured DeFi products based on different sectors of the crypto ecosystem. 

For a deep dive on INDEX, check out [this article on Cryptopedia](https://www.gemini.com/cryptopedia/what-is-index-coop), or, read on for a high-level overview!

__Index Cooperative (INDEX) Basics__

- __Governance Token__: INDEX
- __Underlying Blockchain__: Ethereum
- [Index Cooperative Website](https://indexcoop.com/)
- [Index Cooperative Technical Docs](https://docs.indexcoop.com/)

__Index Cooperative Use Cases__

The Index Cooperative is a decentralized autonomous organization (DAO) that creates and maintains structured DeFi products. These products are based on tokenized strategies that provide diversified exposure to different cryptocurrency and DeFi themes. For example, the [DeFi Pulse Index (DPI)](https://www.gemini.com/prices/defi-pulse-index) provides broad diversified exposure to DeFi protocols via the fourteen tokens that are included within the single DPI token. 

Index Cooperative offers several different thematic index products that focus on a specific subset of the digital asset market. These indices provide passive exposure to digital assets, making them potential tools for both retail and institutional investors. They include, for example, DeFi Pulse Index (DPI), Metaverse Index (MVI), Data Economy Index (DATA), Bankless BED Index (BED), and more.

__INDEX Token and Governance Overview__

INDEX is an ERC-20 governance token built on [Ethereum](https://www.gemini.com/cryptopedia/ethereum-blockchain-smart-contracts-dapps). As DAO participants, INDEX holders can vote on various decisions within the Index Cooperative ecosystem, including fees, new products, team composition, and treasury management. INDEX also allows users to a) mint and redeem products at will, b) provide input on the composition of indices, and c) have insight into the composition of different products.

Individuals can earn INDEX as a reward by contributing to the growth and sustainability of Index Cooperative.

We are excited about what the future holds for Index Cooperative and for the broader DeFi ecosystem. Check back here for more token spotlights as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Token Spotlight: Index Cooperative (INDEX)

Today, we are excited to announce a two-year renewal of our participation in the [Digital Currency Innovation Lab (DCIL)](https://www.htdc.org/digital-currency-innovation-lab/), a program designed to provide regulated crypto access to Hawaii residents. 

Although the original DCIL program was scheduled to end for all participants later this year, the Hawaii Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) extended the program through 2024. Over the past two years, [Gemini has served as a leading participant in the DCIL](https://www.gemini.com/blog/gemini-joins-hawaiis-digital-currency-innovation-lab), and we are thrilled to continue providing seamless crypto access to customers in Hawaii. 

The HTDC, in partnership with the Hawaii DFI, launched DCIL to create opportunities for economic development and position Hawaii as a leader in fintech innovation. The program aims to spur economic opportunity through early crypto adoption, offer consumer protection through guidance provided to crypto issuers, and gather data to shape crypto legislation. 

With our participation in this program, Gemini continues to provide a safe and regulated onramp to the crypto ecosystem to customers in all 50 U.S. states.

We're encouraged by the response and enthusiasm we've seen from our customers in Hawaii and are grateful we can continue to serve them. Providing crypto access to our customers in Hawaii is a further step in our mission to unlock the next era of financial, creative, and personal freedom around the world.

Onward and Upward!

Team Gemini

Buy Crypto in Hawaii with Gemini, as we Renew Our Participation in Hawaii’s Digital Currency Innovation Sandbox

Gemini Renews Participation in Hawaii’s Digital Currency Innovation Sandbox

Gemini Announces Continued Participation in Hawaii’s Digital Currency Innovation Sandbox

We are thrilled to announce support for [Ethernity Chain (ERN)](https://www.gemini.com/prices/ethernity-chain)!

__ERN is now available for trading__ on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs: 

Gemini supports more than 110 tokens! Learn more about [all the tokens we support for trading and/or custody here](https://www.gemini.com/prices).

We believe supporting ERN will provide value to our users as we continue to support the growth of the decentralized finance ecosystem on the Ethereum blockchain. We look forward to continuing our support for new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: July 7, 2022*

__Ethernity Chain (ERN)__

Ethernity Chain is an NFT marketplace that produces limited edition authenticated NFTs (aNFTs) and trading cards created by artists and notable figures on the Ethereum and Polygon networks. ERN is an ERC-20 utility token that allows holders to bid on and purchase rare aNFTs and physical collectibles, as well as stake and participate in virtual and real-world experiences and events. 

Gemini Now Supports Ethernity Chain (ERN)

We are thrilled to announce support for __Polkadot (DOT)__, which adds a new blockchain network to Gemini’s growing list of supported networks! 

[__DOT is now available for trading__](https://exchange.gemini.com/buy/DOT) on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs!* 

__Adding Polkadot to our list of supported networks is a major milestone on our journey to expand access to the vast crypto ecosystem__. Polkadot enables simplified [cross-blockchain transfers](https://www.gemini.com/cryptopedia/polkadot-crypto-dot-coin). Going beyond simple coin transfers, Polkadot’s cross-chain system supports a wide variety of data and asset transfers between different blockchains. Using Substrate, Polkadot’s blockchain development framework, engineers can quickly create custom blockchains; and by connecting to Polkadot, external blockchains can leverage interoperability and advanced security architecture with simplified application development.

Note: There is a 1 DOT deposit minimum. When withdrawing DOT from Gemini, make sure that you withdraw to a DOT-compatible wallet address. 

With the addition of Polkadot, Gemini is now compatible with 10 blockchain networks, including: [Bitcoin (BTC)](https://www.gemini.com/prices/bitcoin), [Ethereum (ETH)](https://www.gemini.com/prices/ether), [Solana (SOL)](https://www.gemini.com/prices/solana), [Litecoin (LTC)](https://www.gemini.com/prices/litecoin), [Bitcoin Cash (BCH)](https://www.gemini.com/prices/bitcoin-cash), [Zcash (ZEC)](https://www.gemini.com/prices/zcash), [Filecoin (FIL)](https://www.gemini.com/prices/filecoin), [Dogecoin (DOGE)](https://www.gemini.com/prices/dogecoin), and [Tezos (XTZ)](https://www.gemini.com/prices/tezos).

Gemini supports more than 110 tokens! Learn more about [all the tokens we support for trading and/or custody here](https://www.gemini.com/prices).

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*DOT can be stored in Gemini’s exchange wallet but is not yet available in Gemini Custody.

*Updated: July 7, 2022*

__Learn more about Polkadot (DOT)__

Polkadot is a multi-chain blockchain intended to facilitate interoperability between blockchains. It uses a proof-of-stake consensus mechanism, which means it consumes a small fraction of the energy used by other blockchains. Polkadot was developed by Gavin Wood, one of the original Ethereum founders and the developer of the Solidity programming language. The original whitepaper describes Polkadot as a “sharded version of Ethereum” in which any Polkadot-based chain can interact without relying on third party intermediaries. DOT is the native token on the Polkadot network, used for transaction fees, governance, interoperability, and bonding.

Explore Polkadot (DOT) on [Cryptopedia](https://www.gemini.com/cryptopedia):

[Polkadot (DOT): Envisioning Web 3.0](https://www.gemini.com/cryptopedia/polkadot-crypto-dot-coin)  
[The Blockchain Architecture of Polkadot (DOT)](https://www.gemini.com/cryptopedia/dot-crypto-polkadot-blockchain)  
[Polkadot (DOT) Governance and Cryptoeconomics](https://www.gemini.com/cryptopedia/decentralized-internet-polkadot-blockchain)

We are thrilled to announce support for Polkadot (DOT), which adds a new blockchain network to Gemini’s growing list of supported networks!

Buy Polkadot (DOT) on Gemini

Gemini Adds Support for New Blockchain Network: Polkadot (DOT)

This summer, we’re making it easier than ever for you to participate in the Solana ecosystem with __Gemini’s Solana Summer fee promotion__! Starting on July 1, 2022, we’re offering free USD trades to ActiveTrader and API (FIX and REST) users on the taker side of orders for Solana (SOL) and Solana-based (SPL) tokens!

The Solana Summer promotion will run through September 1, 2022. 

With Gemini’s Solana Summer fee promotion, we’re lowering the barrier to entry for users who want to engage with the Solana ecosystem. __Takers will not only benefit from free trades, they’ll also be paid a 0.01% rebate on SOL and SPL trades__. [Visit our FAQ page for more information on how the rebate will be received and how to ensure you’re on the taker side of your order](https://support.gemini.com/hc/en-us/articles/6906635717403-What-is-Solana-Summer-). (See table below for the full Solana Summer promotional fee schedule.) 

The tokens currently eligible for Gemini’s Solana Summer fee promotion are:

- [Solana (SOL) ](https://www.gemini.com/prices/solana)
- [STEPN (GMT)](https://www.gemini.com/prices/stepn) 
- [Raydium (RAY)](https://www.gemini.com/prices/raydium) 
- [Saber (SBR)](https://www.gemini.com/prices/saber) 
- [Zebec (ZBC)](https://www.gemini.com/prices/zebec-protocol) 
- [Orca (ORCA)](https://www.gemini.com/prices/orca)
- [Bonfida (FIDA)](https://www.gemini.com/prices/bonfida)

Solana is a [smart contract](https://www.gemini.com/cryptopedia/crypto-smart-contracts-explained) platform that aims to natively solve many of the scaling (growth) and throughput (volume) issues faced by other [layer-1 blockchain solutions](https://www.gemini.com/cryptopedia/blockchain-layer-2-network-layer-1-network). Its primary focus is on scalability and the ability to support high-usage [decentralized applications (dApps)](https://www.gemini.com/cryptopedia/decentralized-applications-defi-dapps). To learn more, check out [this Token Spotlight blog](https://www.gemini.com/blog/token-spotlight-solana-sol) and [these Cryptopedia articles](https://www.gemini.com/cryptopedia/topic/solana-sol), where we dive into the burgeoning Solana ecosystem.

As market headwinds contribute to an extended bear market, Gemini is constantly searching for ways to harness the immense potential of crypto. Providing an opportunity for our users to not only trade for free, but even earn as they trade, is an exciting step on our mission to unlock the next era of financial, creative, and personal freedom.

Happy Solana trading! Onward and Upward!

Team Gemini

| __30-Day Trading Volume (USD Notional)__     | __Promotional Maker Fee__     | __Promotional Taker Fee__     |
| ---------- | ---------- | ---------- |
| 0       | 0.40%       | -0.01%       |
| ≥$10,000       | 0.30%       | -0.01%       |
| ≥$50,000       | 0.25%       | -0.01%       |
| ≥$100,000       | 0.20%       | -0.01%       |
| ≥$1,000,000       | 0.15%       | -0.01%       |
| ≥$5,000,000       | 0.10%       | -0.01%       |
| ≥$10,000,000       | 0.08%       | -0.01%       |
| ≥$50,000,000       | 0.05%       | -0.01%       |
| ≥$100,000,000       | 0.04%       | -0.01%       |
| ≥$500,000,000       | 0.03%       | -0.01%       |

Solana Summer: Trade Solana and SPL Tokens For Free With Gemini ActiveTrader and APIs

We are pleased to announce that __Gemini users in the UK and U.S. can now trade Gemini dollar (GUSD) with British Pounds (GBP)__, joining the U.S. dollar (USD) and Singapore dollar (SGD).

Gemini dollar is a stablecoin built on the Ethereum network and is backed 1:1 by fiat and cash equivalents. Launching the GUSD/GBP trading pair is an important step in expanding the accessibility of crypto globally, making our stablecoin available to UK customers in their local currency. 

GUSD/GBP pairs are available on the Gemini Mobile App and website, and on our ActiveTrader and API/FIX applications.

[Across the crypto ecosystem](https://www.gemini.com/blog/gemini-dollar-surpasses-usd100m-market-cap-as-defi-soars), Gemini dollar serves as a bridge between fiat currency and DeFi, and is actively used to trade and stake on decentralized exchanges, in DeFi lending protocols, and more. 

All reserves backing GUSD are held in accounts with State Street Bank and Trust, Signature Bank, and Goldman Sachs Asset Management. Every month, the reserve balance is examined by BPM LLP, an independent registered public accounting firm, to verify GUSD’s 1:1 backing, with BPM’s monthly attestations [posted](https://www.gemini.com/dollar#reports) for review on our website. GUSD is issued by Gemini Trust Company, LLC, a New York trust company regulated by the New York State Department of Financial Services.

[Read more about the different types of stablecoins on our blog](https://www.gemini.com/blog/understanding-stablecoins-theyre-not-all-created-equal). 

Onward and Upward!

Team Gemini

*Gemini Europe, Ltd (company number 11497305), is an Electronic Money Institution authorised by the Financial Conduct Authority in the United Kingdom under the Electronic Money Regulations 2011, with firm reference number 900988.*  
*Cryptoasset services are provided in the UK by Gemini Europe Services, Ltd. which is a cryptoasset firm registered with the Financial Conduct Authority in the United Kingdom.*

Gemini Users Can Now Trade Gemini Dollar (GUSD) with British Pounds (GBP)

We are thrilled to announce support for a new set of tokens!

The following tokens are now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs: 

- [Alethea AI __(ALI)__](https://www.gemini.com/prices/alethea-artificial-liquid-intelligence-token)
- [TrueFi __(TRU)__](https://www.gemini.com/prices/truefi)

These tokens are also available for custody on Gemini.

We are excited to __support more than 110 tokens on Gemini__! Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the decentralized finance ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: June 15, 2022*

![BlogInline-Snorlax-AletheaAI](//images.ctfassets.net/jg6lo9a2ukvr/1J8sgoWD7KUgFEyCnMMyQD/71331fd3809d018a0b8f440b8de0bc36/BlogInline-Snorlax-AletheaAI.png)
[__Alethea AI (ALI)__](https://www.gemini.com/prices/alethea-artificial-liquid-intelligence-token)

Alethea Artificial Liquid Intelligence, or Alethea AI, is a platform on which users can transform their NFTs into iNFTs, which live in Alethea’s metaverse: Noah’s Ark. iNFTs have three parts, which include soul, body, and mind, each providing different traits to the iNFT. Alethea’s iNFTs can serve as digital companions, coaches, meditation guides, and more. To enhance their iNFTs, users can upload data sets that train how their iNFTs interact. ALI is an ERC-20 utility token compliant with the Ethereum network. Users must lock ALI tokens on the Alethea AI protocol to convert their NFTs into iNFTs. ALI is also a payment token that provides users with access to AI services, and allows users to tip or purchase iNFTs. 

![BlogInline-Snorlax-TrueFi](//images.ctfassets.net/jg6lo9a2ukvr/dEgZW92HL7MlhyeD7F06f/5f3806970fd1b0b0158479eed16b57f8/BlogInline-Snorlax-TrueFi.png)
[__TrueFi (TRU)__](https://www.gemini.com/prices/truefi)

The TrueFi protocol was launched by TrustToken in November 2020 as a decentralized finance lending protocol to provide on-chain opportunities to lenders and borrowers across the globe, creating a variety of credit opportunities through B2B lending, crypto mortgages, and providing access to capital in emerging markets. TRU is an ERC-20 utility token compliant with the Ethereum network. The token is primarily used for governance on the TrueFi protocol, while also protecting against defaults and providing yield generating opportunities.

Gemini Now Supports Alethea AI (ALI) and TrueFi (TRU)

We are thrilled to announce support for a new set of tokens!

[Goldfinch __(GFI)__](https://www.gemini.com/prices/goldfinch) is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.

[Orca __(ORCA)__](https://www.gemini.com/prices/orca) is now available for limit-only trading on our API/FIX and ActiveTrader applications for USD. Trading on our mobile app and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs will open on a rolling basis once liquidity requirements are met.

GFI and ORCA* can also be custodied on Gemini.

[__If you don’t have a Gemini account, you can create one here.__](https://exchange.gemini.com/register)

We are excited to support more than 110 tokens on Gemini! Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the decentralized finance ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*SPL tokens can be custodied in a Gemini exchange wallet, and are not yet available in Gemini Custody.

*Updated: May 18, 2022*

![Blog Inline ORCA](//images.ctfassets.net/jg6lo9a2ukvr/sOMhxf2ZxOpLg831yhZ9Y/d4cb15160e919477dfc9638b35794fb5/Blog_Inline_ORCA.png)
[__Orca (ORCA)__](https://www.gemini.com/prices/orca)

Orca is a decentralized exchange (DEX) built on the Solana blockchain. Orca offers swaps, liquidity pool rewards, and yield farming. One of Orca’s notable features is its fair price indicator, which checks whether the quoted price for a given trade is within 1% of the current market rate on CoinGecko and whether slippage is less than 1%. If either of those checks are triggered, the user receives a rate or slippage warning and is prompted to reconfirm or cancel the trade. ORCA is an SPL token compliant with the Solana network. ORCA is used for liquidity pools and governance. Users can earn ORCA and a share of swap fees by providing liquidity. 

![Blog Inline GFI](//images.ctfassets.net/jg6lo9a2ukvr/OEQvTTzPydAcgALvHNjUv/ca7a427e0c6b304b0287858196bd7783/Blog_Inline_GFI.png)
[__Goldfinch (GFI)__](https://www.gemini.com/prices/goldfinch)

Goldfinch is a decentralized lending protocol that facilitates crypto loans without requiring crypto collateral, with a focus on lending to businesses in emerging markets. Goldfinch extends credit lines to businesses that can then use those credit lines to withdraw USDC, and exchange it for fiat. Prospective borrowers stake Goldfinch (GFI), and auditors manually review if the borrowers are credible enough to be allocated a loan. GFI is an ERC-20 utility token compliant with the Ethereum network. GFI is used for governance and is distributed as rewards to users who interact with the platform. Users can receive tokens by lending USDC to a borrower loan pool or by becoming an auditor. 

With support for Orca (ORCA) and Goldfinch (GFI) we are excited to continue expanding the range of tokens available on Gemini.

Gemini Now Supports Orca (ORCA) and Goldfinch (GFI)

The crypto ecosystem is a diverse tapestry of tokens, protocols, projects, and applications. At Gemini, we believe in making crypto more accessible and easier to understand as the industry continues to develop ever more quickly. Knowledge and education are central to that effort, and today we want to highlight a mainstay in the crypto landscape: stablecoins. 

Volatility is nothing new in the crypto universe, or indeed in the financial world as a whole. Recently, however, volatility in the crypto markets has brought more attention to stablecoins, which are intended to avoid significant price swings. Simply stated, stablecoins are cryptos that aim to remain, well, stable. 

__What Are the Different Types of Stablecoins?__

Whether the purpose is to retain a peg to the price of a fiat currency, a commodity, or some other asset, stablecoins are meant to maintain a predictable value. There are four main ways stablecoin issuers do this. Stablecoin collateral structures can be [fiat-backed](https://www.gemini.com/cryptopedia/glossary#fiat-backed-stablecoin), [crypto-backed](https://www.gemini.com/cryptopedia/glossary#crypto-backed-stablecoin), [commodity-backed](https://www.gemini.com/cryptopedia/glossary#commodity-backed-stablecoin), or [algorithmic](https://www.gemini.com/cryptopedia/glossary#algorithmic-stablecoin).

Some stablecoins, like [Gemini dollar (GUSD)](https://www.gemini.com/dollar), are pegged to a fiat currency and are backed 1:1 by fiat and cash equivalents. In these cases, one stablecoin can always be redeemed for fiat, like U.S. dollars in the case of GUSD. Illustrating our deep focus on compliance and security, we believe in being transparent with how we back GUSD. All reserves backing GUSD are held in accounts with State Street Bank and Trust, Signature Bank, and Goldman Sachs Asset Management. Every month, the reserve balance is examined by BPM LLP, an independent registered public accounting firm, to verify GUSD’s 1:1 backing, with BPM’s monthly attestations [readily posted](https://www.gemini.com/dollar#reports) for review on our website.

Algorithmic stablecoins, for example, maintain their peg differently. Rather than being backed 1:1 by a specific asset, their price stability is maintained by the use of algorithms and smart contracts that manage the supply of tokens in circulation. In this model, the stablecoin’s algorithm may automatically expand or contract the number of tokens in circulation in order to meet a specific price target for the stablecoin.

__Evaluating Stablecoins__

Stablecoins can act as important conduits between the legacy financial system and the burgeoning world of crypto. The immediately apparent advantage of stablecoins is their utility as a medium of exchange, effectively bridging the gap between fiat and crypto. By minimizing price volatility, stablecoins can achieve a utility wholly separate from the ownership of other, better-known cryptos like bitcoin and ether.

It’s crucial to understand the risks associated with stablecoins that are not fiat-backed. The different types of collateral structures offer varying risk profiles, and it's vital to be aware of those differences before investing in any stablecoin. 

At Gemini, we’re on a mission to unlock the next era of financial, creative, and personal freedom. We want to provide you with resources to make the ecosystem more accessible. Education is central to that effort.

We invite you to dive deeper into stablecoins with our [What Are Stablecoins?](https://www.gemini.com/cryptopedia/what-are-stablecoins-how-do-they-work) article on [Cryptopedia](https://www.gemini.com/cryptopedia/), and explore the [global stablecoin landscape here](https://www.gemini.com/cryptopedia/what-are-stablecoins-list-global-ecosystem).

Onward and Upward!

Team Gemini

There are four main stablecoin collateral structures: fiat-backed, crypto-backed, commodity-backed, or algorithmic.

Understanding Stablecoins: They’re Not All Created Equal

Today, we are pleased to announce Gemini’s support for the [Cosmos Purpose Bitcoin Access ETF (CBTC)](https://cosmosam.com.au/cbtc/), among Australia’s first spot bitcoin ETFs. Powered by Gemini’s institutional-grade security and custody infrastructure, CBTC will provide Australian investors with regulated and secure access to spot bitcoin. 

Offered by Cosmos Asset Management Pty Ltd (Cosmos AM) on the Cboe Australia stock exchange, CBTC will provide Australian investors access to the world’s largest spot bitcoin solution through a fund-of-funds structure that will hold the Canada-based Purpose Bitcoin ETF (BTCC) — the world’s first ETF to hold “physical bitcoin.” BTCC was launched by Purpose Investments Inc. in 2021 and is custodied by Gemini. The fund has an AUM of over $1.2 billion USD in crypto. 

Cosmos AM’s partnership with Gemini and Purpose Investments Inc. will provide Australian investors with exposure to a highly liquid and regulated spot bitcoin ETF product. 

We are thrilled to build our relationship with Cosmos AM, which has been a pioneer in providing Australian investors with access to crypto-related investment vehicles. In 2021, Cosmos AM, which was spun out of Nasdaq-listed Bitcoin miner Mawson Infrastructure Group Inc.,  introduced Australia’s first pure digital mining ETF, and has continued to engage Australian regulators on the topic of crypto.

Our partnership with Cosmos AM will continue to drive Gemini’s growing presence in Australia and the Asia Pacific region. 

Gemini offers crypto services and infrastructure to a growing number of asset managers and traditional financial institutions across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, one of the most sophisticated financial regulators in the world, the security of our clients’ assets is our top priority.

To learn more about our full-stack of institutional crypto offerings, [we invite you to reach out to us here](https://exchange.gemini.com/register/institution).

Onward and Upward!

Team Gemini

Today, we are pleased to announce Gemini’s support for the Cosmos Purpose Bitcoin Access ETF (CBTC), among Australia’s first spot bitcoin ETFs.

Gemini To Power Spot Bitcoin ETF in Australian Market First

Gemini to Power Spot Bitcoin ETF in Australian Market First 

Decentralized technologies have changed the way we interact online, with tools that have redefined ownership, security, finance, and so much more. At Gemini, we’re on a mission to unlock the next era of financial, creative, and personal freedom, and to do so we must continue to innovate, imagine, and explore.

To harness the thrilling rise of web3, __Gemini is proud to introduce [Superlunar](https://www.superlunar.com/), a multi-disciplinary web3 research and design studio__. Superlunar brings together creative technologists with varied backgrounds to focus on secure, sustainable, and usable applications of decentralized technology.

__A Focus on Security, Sustainability, and Usability__

Members of the Superlunar team have extensive experience with __security__ research and it will be a central focus of the initiative. Decentralized computing and strong cryptographic guarantees help form the core of web3, presenting fundamentally different paradigms for security and development in this burgeoning industry.

To ensure the continued __sustainability__ of blockchain technology, Superlunar will provide grants and sponsorships to individual contributors, projects, and programs as a continuation of the [Gemini Opportunity Fund](https://www.gemini.com/opportunity-fund) founded in 2020. Doing so will empower the next generation of maintainers and builders, as well as provide financial support directly to open source developers to continue their work. 

Superlunar will also spotlight areas that can enhance the longevity of the blockchain and crypto ecosystems with a focus on global impact. 

__Usability__ continues to be an area that requires development in web3, and Superlunar will apply design thinking to craft repeatable usage and development patterns. The team will aim to discover ways to reach broader audiences and provide transparent approaches to complex use cases for web3.

Superlunar has assembled a diverse team of prominent practitioners from a variety of disciplines including cybersecurity, environmental science, design, development, and finance. The team will look beyond speculative investment and hype cycles to bring healthy skepticism and transformative solutions to real, practical issues, sharing their findings in accessible and inspiring formats.

We are delighted to welcome Superlunar to the Gemini family. To learn more about Superlunar and their dynamic team, we invite you to visit [Superlunar website](https://www.superlunar.com/) and read [their launch blog](https://superlunar.com/post/hello-world). 

Onward and Upward!

Team Gemini

Gemini is proud to introduce Superlunar, a multi-disciplinary web3 research and design studio focused on secure, sustainable, and usable applications of decentralized technology.

Introducing Superlunar: Exploring the Future of Web3

Today, we are thrilled to announce the launch of Bitwise Asset Management’s first crypto separately managed account (SMA) vehicle, on the Gemini BITRIA platform, using the Gemini exchange and its custodial services. The Bitwise BTC/ETH Equal Weight SMA strategy will provide investors with equal exposure to crypto’s two leading assets, bitcoin and ether. 

Customer assets invested in the Bitwise BTC/ETH Equal Weight SMA strategy will be held in Gemini’s industry-leading custody and exchange infrastructure, an institutional-grade storage solution optimized to provide maximum security and access to liquidity. As a New York limited purpose trust company and qualified custodian, Gemini is regulated by the New York State Department of Financial Services, one of the most sophisticated financial regulators in the world. The security of our clients’ assets is our top priority. 

Gemini BITRIA offers financial advisors and wealth managers access to a large swath of the crypto ecosystem and the ability to manage client portfolios seamlessly from one interface. BITRIA's Digital Asset Separately Managed Account (SMA) and Digital Turnkey Asset Management Platform (DTAMP) have been integrated into Gemini's platform, empowering managers with a host of features to help them meet the rising demand from clients for regulated and secure access to crypto.

Bitwise’s SMA strategy of equal exposure to bitcoin and ether gives investors a compelling way to participate in crypto via two widely-held assets with distinct use cases. The offering through Bitwise on the Gemini BITRIA platform  is particularly relevant for financial advisors looking to actively manage their clients’ exposure to crypto in coordination with their broader investment plans, offering portfolio rebalancing, fee collection and billing, account planning, and integrated reporting in all major portfolio accounting solutions.

The Bitwise BTC/ETH Equal Weight SMA will be made available by Bitwise to both accredited and non-accredited investors, is not subject to investment minimums, and offers daily liquidity. 

To learn more about Gemini's full-stack of institutional crypto offerings, [we invite you to reach out to us here](https://exchange.gemini.com/register/institution).

Onward and Upward!

Team Gemini

Bitwise Now Offers Investment Vehicle Providing Equal Exposure to Bitcoin and Ether Through Gemini BITRIA Platform

We are thrilled to announce support for a new set of tokens!

The following tokens are now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs:  

- [Chiliz __(CHZ)__](https://www.gemini.com/prices/chiliz)
- [Metis __(METIS)__](https://www.gemini.com/prices/metis-token)
- [Qredo __(QRDO)__](https://www.gemini.com/prices/qredo)
- [REVV __(REVV)__](https://www.gemini.com/prices/revv)
- [Zebec __(ZBC)__](https://www.gemini.com/prices/zebec-protocol)
- [Bonfida __(FIDA)__](https://www.gemini.com/prices/bonfida)
- [Geojam __(JAM)__](https://www.gemini.com/prices/geojam)
- [STEPN __(GMT)__](https://www.gemini.com/prices/stepn)

All the tokens above are also available for custody* on Gemini. 

[__If you don’t have a Gemini account, you can create one here__](https://exchange.gemini.com/register).

We are proud to be the __first regulated U.S. exchange to offer support for METIS, QRDO, REVV, JAM, ZBC__. 

We are excited to have recently surpassed 100 tokens supported on Gemini! Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the decentralized finance ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*SPL tokens (ZBC, GMT, FIDA) can be custodied in Gemini’s exchange wallet, and are not available in Gemini Custody.

*Updated: April 27, 2022*

![Blog Inline Charizard-2 Chiliz](//images.ctfassets.net/jg6lo9a2ukvr/7vf9qow3NIAUG8mue5OiVJ/fb5101e85967df75e8418250e55e82ca/Blog_Inline_Charizard-2_Chiliz.png)
[__Chiliz (CHZ)__](https://www.gemini.com/prices/chiliz)

CHZ is an ERC-20 governance token compliant with the Ethereum network. CHZ tokens are used to participate in the Chiliz and Socios ecosystems. CHZ is used to purchase “fan tokens” on Socios.com, which correspond to a professional sports team. CHZ can be staked on Socios when voting to onboard a new team. Chiliz provides blockchain-based tools to help sports and entertainment entities engage and monetize their audiences. The Chiliz token (CHZ) is also the exclusive currency for Socios.com, a fan engagement platform built on the Chiliz blockchain. By using Chiliz tokens as payment, fans can then purchase tokens specific to sports teams on Socios.com and use them to vote on various fan-led decisions and to earn rewards.

![Blog Inline Charizard-5 edit](//images.ctfassets.net/jg6lo9a2ukvr/6cHrtgC34xq7LrWfPMegG6/65221baaa87cd48ecd79defdf5ebda2b/Blog_Inline_Charizard-5_edit.png)
[__Metis (METIS)__](https://www.gemini.com/prices/metis-token)

METIS is an ERC-20 utility token compliant with the Ethereum network. The primary functionality of the METIS token is to 1) stake for DACs to sequence transactions and 2) pay transaction fees/gas on the Metis network. METIS has also been used to incentivize developer activity on MetisDAO. Metis is an Ethereum rollup with the goal of improving scalability and lowering fees. Metis uses multiple sequencers that pool transactions back to the Ethereum mainnet. These sequencers are called Decentralized Autonomous Companies (DACs). DACs confirm transactions by operating nodes and staking METIS tokens using a form of Proof-of-Stake (PoS) consensus mechanism.

![Blog Inline Charizard Qredo](//images.ctfassets.net/jg6lo9a2ukvr/3UuoKz9OtvxiNei7J8L1S4/e3f59e8a303a69ec16c88d7fe30e7d37/Blog_Inline_Charizard_Qredo.png)
[__Qredo (QRDO)__](https://www.gemini.com/prices/qredo)

QRDO is an ERC-20 utility token compliant with the Ethereum network. QRDO is used for staking for node operation and for delegating to stakers for validation rewards. Qredo is a decentralized Multi-party Computation (MPC) Layer-2 network that relies on third party validators to validate transactions. MPC allows for concealed information transfer and data computation without revealing the underlying data. Qredo also implements a Layer- 3 messaging protocol that instantaneously replicates messaging across all peers and leverages end-to-end encryption. 

![Blog Inline Charizard-4 Revv](//images.ctfassets.net/jg6lo9a2ukvr/11IvHIyaIBQ2I3vSEsEN2l/078db44db0cdc97a3e4a3935080cddd8/Blog_Inline_Charizard-4_Revv.png)
[__REVV (REVV)__](https://www.gemini.com/prices/revv)

REVV is an ERC-20 governance token compliant with the Ethereum network. The primary use case for REVV tokens is as buy-in funds for play-to-earn racing games developed by Animoca Brands. REVV is employed as currency for Animoca Brands’ suite of play-to-earn racing games. These include MotoGP™ Ignition, Formula E: High Voltage, and REVV Racing. Players can purchase a REVV Racing car NFT using MATIC tokens and then enter races on REVV’s website using REVV tokens. Each race has a token buy-in, with the pool of tokens then allocated to the top-performing players. 

![Blog Inline Charizard-3 Geojam](//images.ctfassets.net/jg6lo9a2ukvr/2nVi7TEig2dbuVioNl1bkr/d2e094bebf8457e9da099fa70cca2b10/Blog_Inline_Charizard-3_Geojam.png)
[__Geojam (JAM)__](https://www.gemini.com/prices/geojam)

JAM is an ERC-20 utility token compliant with the Ethereum network. The primary use cases of JAM are fan incentivization, use within the Geojam shop to buy merchandise, NFTs, and experiences, as well as staking for node operation. Geojam is a content media platform for sharing music and events powered by Web3. Geojam users can earn rewards by using the application and performing tasks like listening to and sharing music, creating groups, and interacting with posted content. Curators are rewarded for creating popular playlists and connecting fans with new artists.

![Blog Inline Zebec](//images.ctfassets.net/jg6lo9a2ukvr/1Gxrnni5sKlqPtdRAgIDl2/ab6eb4286c018ac9c7323155eb59b11f/Blog_Inline_Zebec.png)
[__Zebec (ZBC)__](https://www.gemini.com/prices/zebec-protocol)

ZBC is an SPL token compliant with the Solana network and can be staked on Raydium. Zebec is a Solana-based DeFi protocol that runs Zebec Pay, a platform that allows for users to generate continuous payment streams. Developers can use the Zebec software development kit to create payment streams by setting a start time, end time, recipient wallet, and amount.

![Blog Inline Charizard-5 STEPN](//images.ctfassets.net/jg6lo9a2ukvr/3L92ijD31eQ7NjTNmGIFYx/91f805cf80a1ac406fdce5fefb91ea3e/Blog_Inline_Charizard-5_STEPN.png)
[__STEPN (GMT)__](https://www.gemini.com/prices/stepn)

GMT is an SPL token compliant with the Solana network. GMT tokens can be earned by STEPN sneaker holders and can be used to access in-app features such as sneaker upgrades and minting new sneakers. GMT holders can also participate in STEPN governance, and vote on the amount of STEPN treasury funds used to purchase Carbon Removal Credits. STEPN is a move-to-earn game in which users can earn Green Satoshi Tokens (GST) and Green Metaverse Tokens (GMT) for walking, jogging, or running. To earn tokens, users must download the STEPN mobile app and purchase an NFT sneaker from the STEPN marketplace. STEPN donates a portion of its treasury funds to purchase Carbon Removal Credits. 

![Blog Inline Charizard-7 Fida](//images.ctfassets.net/jg6lo9a2ukvr/7iv3ufuCdvOU2fHV0cryS6/16d4c7eeb7fb191cdfc3109fd92b791c/Blog_Inline_Charizard-7_Fida.png)
[__Bonfida (FIDA)__](https://www.gemini.com/prices/bonfida)

FIDA is an SPL token compliant with the Solana network. FIDA holders can vote on, and draft,  governance and product proposals on the Bonfida platform. FIDA tokens are also used to purchase .sol domain names, and can be used as payment for trading bot subscriptions on the Serum DEX. Bonfida is a product suite that provides a user-friendly front-end experience for Serum and Solana. Serum is a decentralized exchange (DEX) built on Solana that offers cross-chain support. Bonfida’s user interface interacts with Serum’s API, allowing traders to view charts and execute market orders. Traders can also build Bonfida bots to execute trades automatically on Serum, and other traders can subscribe to these bots by paying a subscription fee denominated in FIDA. In addition, Bonfida runs a Solana naming service, which provides a decentralized way to map .sol domain names to on-chain data.

Gemini now supports Geojam (JAM), Chiliz (CHZ), Metis (METIS), Revv (REVV), Qredo (QRDO), Zebec (ZBC), STEPN (GMT), and Bonfida (FIDA) 

Gemini Now Supports JAM, CHZ, METIS, REVV, QRDO, ZBC, GMT, and FIDA!

Gemini Now Supports Geojam (JAM), Chiliz (CHZ), Metis (METIS), REVV (REVV), Qredo (QRDO), Zebec (ZBC), STEPN (GMT), and Bonfida (FIDA)

Welcome back to our Token Spotlight series! This week we are taking a look at [SKALE](https://www.gemini.com/prices/skale), a fully-decentralized multichain network built to scale Ethereum.

__SKALE Basics__

- __Governance Token__: [SKL](https://www.gemini.com/prices/skale)
- __Underlying Blockchain__: Ethereum
- __Total Token Supply__: 7 billion 
- [__SKALE website__](https://skale.network/)
- [__SKALE whitepaper__](https://skale.network/whitepaper)

__SKALE Use Cases__

[SKALE was designed](https://www.gemini.com/cryptopedia/skale-network-skl-coin-ethereum-dapps-skl-crypto) to offer dApps their own fully [decentralized](https://www.gemini.com/cryptopedia/decentralized-applications-defi-dapps) Ethereum compatible blockchain addressing the challenges of high costs, technical scalability, and user experience. 

The SKALE Network targets these limitations by acting as a multichain [Layer-2 scaling solution](https://www.gemini.com/cryptopedia/blockchain-layer-2-network-layer-1-network) for the Ethereum network that enables developers to bypass congestion on the Ethereum mainnet and offer gas-free transactions. To accomplish this, SKALE migrates most transactions off of the main chain and onto adjacent SKALE-administered chains, known as SKALE Chains, that have no transaction costs while on chain. The various SKALE Chains operate as independent blockchains that integrate with their [parent network or main chain](https://www.gemini.com/cryptopedia/glossary#parent-chain); this is intended to allow dApps to run and scale quickly and efficiently on their own unique chain. 

SKALE also recently announced the upcoming SKALE V2 network upgrade, which is being named the SKALEVERSE and aims to support Web3 projects. The SKALE to V2 upgrade evolves SKALE from a network of siloed L2 chains to a high performance modular L1/L2 hybrid network of scalable interconnected blockchains. Notable improvements to the network include the optimization of support for NFT, Metaverse, and Play-2-Earn applications. Read more about the [coming upgrade here](https://skale.network/blog/into-the-skaleverse-introducing-skale-v2/). 

__SKALE Token (SKL) and Governance Overview__ 

SKL is an [ERC-777 token](https://www.gemini.com/cryptopedia/ethereum-token-standards-erc777-erc1155-erc223-erc1337), which maintains backward compatibility with ERC-20 platforms, but doesn’t require delegators to lock their tokens in smart contracts. Instead, delegators provide a secure key to the staker, ensuring they are able to retain control of their SKL. The SKL token facilitates four main functions on the SKALE Network:

- Security and Staking: SKL token holders can stake, or delegate, their tokens to [validators](https://www.gemini.com/cryptopedia/search?query=validator), the parties who validate transactions. These validators operate the SKALE Network by verifying blocks, executing smart contracts, and securing the network. As validators, they receive SKL crypto rewards for their efforts.
- Payment: Developers use SKL tokens to pay for SKALE Chain subscriptions.
- Rewards: Both delegators and validators receive SKL crypto premiums derived from the subscription fees paid by developers and the inflation of tokens into the network.
- Governance and Voting: The SKL token facilitates on-chain voting, which controls all economic parameters on the SKALE Network.

We are excited for the potential for dApps to benefit from the security, [scalability](https://www.gemini.com/cryptopedia/search?query=Scaling%20Solution), and adaptability of the SKALE Network. It’s yet another step in unlocking the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Welcome back to our Token Spotlight Series! This week we are taking a look at SKALE, a fully-decentralized multichain network built to scale Ethereum.

Token Spotlight: SKALE (SKL)

Today, we are thrilled to invite you to [explore the Gemini Credit Card](https://www.gemini.com/credit-card),1 offering crypto rewards on every purchase! We began onboarding waitlist members earlier this year, and given the overwhelming response, __the Gemini Credit Card is now available to eligible individuals in all 50 U.S. states__. 

With the Gemini Credit Card, you can integrate crypto investing into your day-to-day life. Instead of keeping up with the ups and downs of the market, you can seamlessly invest every time you make a purchase. Once approved for the card, you’ll __earn up to 3% crypto back on dining,2 2% crypto back on groceries, and 1% crypto back on all other purchases__, with rewards automatically deposited into your Gemini account.

The Gemini Credit Card is accepted wherever Mastercard is accepted, and you can choose to receive rewards in any of the 60+ cryptos we currently support for rewards, including bitcoin, ether, and dogecoin. You can also switch reward types at any time.

Explore other exciting features of the Gemini Credit Card:

- __No annual fee:__ Earn crypto without paying a hefty annual fee, and never pay foreign transaction fees.3
- __Instant rewards:__ Rewards are instantly deposited into your account when you make a purchase, not a month later.4
- __Security-first design:__ Sensitive information, like the card number, is removed and only accessible to cardholders via the Gemini app, which requires two-factor authentication.
- __World Mastercard® Benefits:__ You’ll have access to exclusive offers with select merchants such as DoorDash, HelloFresh, Lyft and ShopRunner, as well as through Mastercard’s [Priceless® Experiences](https://www.priceless.com/). Your card will include advanced security features including Mastercard ID Theft Protection™, Zero Liability, and Price Protection.
- __24/7 live customer support__

__Choose from black, silver, and rose gold metal cards__ that are made from 75% recycled stainless steel. The beautiful, clean design isn’t just for looks — it keeps your sensitive information off the card’s surface, protecting your financial identity.

We are proud to work with our partners, [Mastercard and WebBank](https://www.gemini.com/blog/gemini-credit-card-to-launch-with-mastercard-as-network-partner), to offer you a rewards credit card that combines the innovation and opportunity of crypto with industry-leading protections and benefits. Mastercard is the exclusive network partner for the Gemini Credit Card, and WebBank, a leader in digital lending, is the issuing bank. If you have additional questions about the Gemini Credit Card, we invite you to visit our [FAQ page here](https://support.gemini.com/hc/en-us/categories/1260802420830-Gemini-Credit-Card-).

At Gemini, our goal is to create more opportunities for you to explore the world of crypto. The launch of the Gemini Credit Card is an important milestone for Gemini as we continue to build the future of finance and empower the individual through this revolutionary asset class.

Onward and Upward!

Team Gemini

*Updated: June 27, 2022*

1 A Gemini Mastercard®. Issued by WebBank. 
2 Up to $6,000 in annual spend, then 1% back on everything else. 
3 Variable APRs: Purchase 14.49% - 25.49%, Cash advance 27.49%, Penalty 31.49%. Cash advance fee $10 or 3% whichever is greater. 
4 Some exclusions apply in which rewards are deposited when the transaction posts. [See reward terms](https://www.gemini.com/legal/credit-card-rewards-agreement#section-welcome-to-the-gemini-credit-card-crypto-rewards-program-the-rewards-program).

Once approved for the card, you’ll earn up to 3% crypto back on dining, 2% crypto back on groceries, and 1% crypto back on all other purchases.

Apply for the Gemini Credit Card Today! Earn Crypto Rewards on Every Purchase

The Gemini Credit Card is Here!

Blockchain and crypto continue to challenge the way we think about money and the transfer of value in the digital age. At Gemini, we believe these new technologies will unlock a new era of financial, creative, and personal freedom, and we want to take you along for the ride. 

In line with that mission, we partnered with Mastercard and WebBank to build the [Gemini Credit Card](https://www.gemini.com/credit-card), bridging the gap between the familiar act of swiping a card and the promise of crypto. The extensive collaboration within Gemini, and with our partners, allowed us to create a one-of-a-kind card that unifies crypto with the traditional financial system.

__A Seamless Way to Introduce Crypto to All__

Even if your opinions about crypto aren’t fully formed, or you feel like you don’t know enough to jump in head-first, the Gemini Credit Card offers you the opportunity to seamlessly earn crypto on everyday purchases. 

We’ve already started [inviting waitlist members to apply for the Gemini Credit Card](https://www.gemini.com/blog/gemini-credit-card-now-available-to-waitlist-members),1 and it will be available to the general public in the near future. The card is available to eligible individuals in all 50 states and Washington D.C. Once approved, card holders can earn 3% crypto back on dining,2 2% crypto back on groceries, and 1% crypto back on all other purchases.

__The Four Stages of Developing the Gemini Credit Card__

We built the Gemini Credit Card with security and simplicity as our guiding principles. And, while security is always top-of-mind at Gemini, the process of ideating, engineering, and actually building the card was anything but simple. 

It took dozens of engineers, product managers, operations experts, and more to build a card that brings the world of credit cards to the future. 

- __Stage 1: Building a bridge to the world of crypto.__ In contrast to debit cards that allow customers to spend their own crypto, we wanted to create a simple and comfortable way to introduce customers to crypto without changing their day-to-day behavior. With that goal in mind, the Gemini Credit Card was born, allowing customers to spend fiat and receive crypto rewards. 
- __Stage 2: Collaborating with the right partners.__ Building a credit card from scratch, let alone a crypto credit card, requires multidisciplinary teams to work together with a shared vision. We are thrilled to have [partnered with Mastercard and WebBank](https://www.gemini.com/blog/gemini-credit-card-to-launch-with-mastercard-as-network-partner) to develop the Gemini Credit Card. 
- __Stage 3: Offering unique features and rewards.__ We set out to build the first credit card where customers can receive instant rewards in crypto the moment they use their card.3 Customers can choose to receive their rewards in 60+ cryptos available for the Gemini Credit Card, and can switch rewards at any time. 
- __Stage 4: Security-first design.__ At Gemini, trust is our product, and security is a central pillar in every product we build. The Gemini Credit Card reflects this mindset. We chose a high-quality stainless steel card and removed the card number from the card itself, instead providing users with access to all relevant information on the App. Beyond these security features, customers also benefit from Mastercard’s Zero Liability Protection and ID Theft Protection.

We are thrilled to bring the Gemini Credit Card to market and support the expansion of the crypto industry as we harness the promise of Web3. 

Onward and Upward!

Team Gemini

1 Issued by WebBank. A Gemini Mastercard®. 
2 Up to $6,000 in annual spend, then 1% back on everything else. 
3 [Some exclusions apply in which rewards are deposited when the transaction posts](https://www.gemini.com/legal/credit-card-rewards-agreement).

Earn up to 3% Crypto Back on Dining, 2% Crypto Back on Groceries, and 1% Crypto Back on All Other Purchases, with Rewards Automatically Deposited into your Gemini Account.

The Gemini Credit Card: Building a Credit Card for the Future | Gemini

The Gemini Credit Card: Building a Credit Card for the Future

At Gemini, we take a global view of crypto. We strive to develop a robust understanding of how crypto is being adopted and deployed around the world. As the world marches toward broad adoption of cryptocurrency, Gemini is introducing a first-of-its-kind report exploring the attitudes, drivers, and adoption of crypto globally. 

[__Click here to download the 2022 Global State of Crypto Report__](https://www.gemini.com/state-of-crypto).

The crypto industry hit numerous milestones in 2021. Bitcoin reached all-time highs at over $65,000 USD, and venture capital investment in crypto businesses soared beyond $30 billion USD. Last year was also transformative for crypto adoption, with __41% of existing crypto owners globally making their first investment in 2021__, according to our report. 

The report also found that nearly half of all current crypto owners in the United States (44%), Latin America (46%), and Asia Pacific (45%) first bought crypto in 2021. Inflation concerns were also highlighted as a primary driver of adoption. Further, the gender gap in crypto is potentially narrowing. Among those who plan to purchase crypto for the first time this year, 47% were women globally. With regard to barriers to entry, education remains the greatest obstacle to investing in crypto.

Developing countries Brazil and Indonesia led the way in crypto adoption with more than two in five (41%) respondents in each country reporting owning crypto, compared to just 17% across developed countries and regions including the U.S. (20%), Europe (17%), and Australia (18%).

__Key themes:__

- __2021 Was Crypto’s Breakout Year:__ Forty-one percent of crypto owners surveyed globally purchased crypto for the first time in 2021.
- __The Crypto Gender Gap May Be Narrowing:__ Among the crypto curious who plan to purchase crypto for the first time in the next year, 47% were women globally.
- __Inflation a Primary Driver for Crypto Adoption:__ Respondents in countries that have experienced 50% or more devaluation of their currency against the USD over the last 10 years were more than 5 times as likely to say they plan to purchase crypto in the coming year.
- __Crypto Regulation A Top Concern Globally:__ Among non-owners, 39% in Asia Pacific, 37% in Latin America, and 36% in Europe saying there is legal uncertainty around cryptocurrency.
- __Education is the Greatest Barrier to Ownership:__ Globally, respondents were nearly twice as likely to say that more educational resources on cryptocurrency would help them get started with crypto (40%), compared to recommendations from friends (22%).

Crypto adoption is poised to grow throughout 2022 and beyond, as educational resources become more accessible. At Gemini, we support global crypto adoption by ensuring consumers have a safe, simple, and regulated on-ramp to invest in crypto. 

[If you don’t yet have a Gemini account, you can create one here.](https://exchange.gemini.com/register)

We are still at the start of this journey, as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

__Survey Methodology__

The survey was conducted online between November 23, 2021 and February 4, 2022 on behalf of Gemini by Data Driven Consulting Group. The total sample has been balanced and is generally representative of the adult population in each country ages 18 to 75 with household incomes of $14,000 or more. Nearly 30,000 individuals in 20 countries were surveyed in the study. 


As the world marches toward broad adoption of cryptocurrency, Gemini is introducing a first-of-its-kind report exploring the attitudes, drivers, and adoption of crypto globally.

Crypto Ownership Nearly Doubled in U.S., Latin America, and Asia Pacific in 2021 | Gemini

New Gemini Report: Crypto Ownership Nearly Doubled in U.S., Latin America, and Asia Pacific in 2021

Welcome back to our Token Spotlight series! This week, we explore [Compound](https://www.gemini.com/prices/compound), a decentralized, community-governed lending and borrowing protocol built on Ethereum. 

For a deep dive into Compound, check out this [expert article written by Compound’s CEO & Founder, Robert Leshner, on Cryptopedia](https://www.gemini.com/cryptopedia/compound-finance-defi-crypto), or this article that provides [a quick overview of the protocol](https://www.gemini.com/cryptopedia/what-is-compound-and-how-does-it-work). 

__Compound Basics__

- __Governance Token__: [COMP](https://www.gemini.com/prices/compound)
- __Underlying Blockchain__: Ethereum
- __Total Token Supply__: 10 million
- [__Website__](https://compound.finance/)
- [__Whitepaper__](https://compound.finance/documents/Compound.Whitepaper.pdf)

__Compound Use Cases__

Compound is a venue for crypto owners to earn interest or access liquidity on their crypto assets. A user can supply their crypto in Compound to begin earning interest denominated in that crypto, with floating interest rates algorithmically determined by supply and demand. 

Once their crypto is locked in Compound, suppliers receive [cTokens](https://www.gemini.com/cryptopedia/search?query=cToken) that represent the funds they’ve supplied. For example, if a supplier decides to lock [ether (ETH)](https://www.gemini.com/prices/ether) in a Compound pool, they will receive cETH in return. Interest accrues to these cTokens, which can then be redeemed for their current value. Since cTokens are also [ERC-20s](https://www.gemini.com/cryptopedia/erc20-token-standard-ethereum), they can be used across the Ethereum ecosystem.

On the other side of the equation, borrowers can use Compound to seamlessly borrow crypto, without needing to negotiate terms with a lender, as interest rates and terms are open for all to see. As with supplying on Compound, the rate borrowers pay is algorithmically determined by supply and demand.

Both suppliers and borrowers on Compound receive a predetermined distribution of COMP each time an Ethereum block is mined.

__COMP Token and Governance Overview__

Since the publication of its whitepaper in February 2019, Compound has been a pioneer of [decentralized protocol governance](https://www.gemini.com/cryptopedia/search?query=decentralized%20governance). The protocol has been community-governed since June 2020, when the Compound team passed protocol governance to the Compound community. Around that time, Compound distributed COMP — and with it, control over the Compound protocol and platform — to Compound users based on their proportion of on-chain activity. 

COMP is an [ERC-20](https://www.gemini.com/cryptopedia/erc20-token-standard-ethereum) governance token, and gives holders voting power on the Compound protocol. COMP holders can propose and vote on any network decision, ranging from the amount of COMP rewarded for network usage to the types of assets accepted by the platform. Even the framework for Compound’s governance model itself can be voted on and modified by COMP owners.

Anyone with 100,000 COMP tokens can create a new proposal. Through a process called the Compound Autonomous Proposal, anyone with 100 COMP tokens can also initiate the creation of a new proposal, by gathering support from the community and having COMP tokens delegated to their proposal, providing an extra level of transparency and governance to the protocol. 

We are excited about what the future holds for Compound and for the DeFi ecosystem. Check back here for more token spotlights as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

In this week's Token Spotlight, we explore Compound, a decentralized, community-governed lending and borrowing protocol built on Ethereum.

Token Spotlight: Compound (COMP) | Gemini

Token Spotlight: Compound (COMP)

We are thrilled to announce support for a new set of tokens!

The following tokens are now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs:  

- [Maple Finance __(MPL)__](https://www.gemini.com/prices/maple)
- [DeFi Pulse Index __(DPI)__](https://www.gemini.com/prices/defi-pulse-index)
- [Index Cooperative __(INDEX)__](https://www.gemini.com/prices/index-cooperative)
- [Liquity __(LQTY)__](https://www.gemini.com/prices/liquity)
- [Liquity USD __(LUSD)__](https://www.gemini.com/prices/liquity-usd)

The tokens below are now available for limit-only trading on our API/FIX and ActiveTrader applications for USD, with trading on our mobile app and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs to open on a rolling basis once liquidity requirements are met:

- [Ribbon Finance __(RBN)__](https://www.gemini.com/prices/ribbon-finance)
- [Frax Share __(FXS)__](https://www.gemini.com/prices/frax-share)
- [Frax __(FRAX)__](https://www.gemini.com/prices/Frax)

All the tokens above are also available for custody on Gemini. 

[If you don’t yet have a Gemini account, you can create one here.](https://exchange.gemini.com/register)

Follow our Twitter account [@Gemini](https://twitter.com/Gemini) for real-time trading support updates.

With the addition of these new tokens, __we now offer support for more than 100 tokens__! Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

We believe these tokens will provide value to our users as we continue to support the growth of the DeFi ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: April 5, 2022*

![Blog Inline MPL](//images.ctfassets.net/jg6lo9a2ukvr/388DduEjgqoF4kOV9LFpQO/6fef30a8b9267e1e14ce1c1d7deedc4f/Blog_Inline_MPL.png)
__Maple Finance (MPL)__

MPL is an ERC-20 token built on the Ethereum network. Primary use cases include governance, staking, and pool cover. Lenders who interact with Maple Finance pools receive MPL-LP tokens, which can be staked to earn rewards in MPL. Maple Finance is an institutional borrowing and lending protocol. Every pool created on Maple has its own set of parameters that define various aspects of the pool, including the asset being lent to the pool, the fee structure, the capacity of the pool, who can access the pool, and lockup period, among others. Each pool on Maple Finance has a dedicated “Pool Delegate,” who performs diligence on the pool, negotiates terms with borrowers, and is tasked with liquidating the pool should there be a default. [You can see the MPL price and get more information by following this link](https://www.gemini.com/prices/maple).

![Blog Inline DPI](//images.ctfassets.net/jg6lo9a2ukvr/27FyByW21xF1aZ48jRnhof/cff0035bec2d5d9922eb0b9303917a94/Blog_Inline_DPI.png)
__DeFi Pulse Index (DPI)__

DPI is an ERC-20 token built on the Ethereum network. DPI can be redeemed for a basket of assets on the Ethereum network, that could include tokens like Uniswap (UNI), Aave (AAVE), and Maker (MKR). DeFi Pulse Index (DPI) is an index product provided by [Index Cooperative](https://www.gemini.com/prices/index-cooperative). DPI is a capitalization-weighted index that provides investable access to DeFi. The index includes large DeFi governance tokens, covering the major DeFi exchanges, lending protocols, and more. [You can see the DPI price and get more information by following this link](https://www.gemini.com/prices/defi-pulse-index).

![Blog Inline INDEX](//images.ctfassets.net/jg6lo9a2ukvr/27H15VaTf3JwhuQ1D2N0BK/f8696a5a749b80cd5092d9a8e72f8158/Blog_Inline_INDEX.png)
__Index Cooperative (INDEX)__

INDEX is an ERC-20 governance token built on Ethereum. INDEX holders can vote on various issues including fees, new products, team composition, and treasury management. Index Cooperative enables exposure to multiple assets through index products, including the [DeFi Pulse Index (DPI)](https://www.gemini.com/prices/defi-pulse-index), Metaverse Index (MVI), the Data Economy Index (DATA), and the Bankless DeFi Innovation Index (GMI). It also allows users to a) mint and redeem products at will, b) provide input on the composition of indices, and c) have insight into the composition of different products.  [You can see the INDEX price and get more information by following this link](https://www.gemini.com/prices/index-cooperative).

![Blog Inline RBN](//images.ctfassets.net/jg6lo9a2ukvr/3HWVGguZKVJF7Rizb97Tva/7f2cfdc809b84b1c85f330100df0dd2a/Blog_Inline_RBN.png)
__Ribbon Finance (RBN)__

RBN is an ERC-20 governance token compliant with the Ethereum network. RBN holders can engage in governance by voting on proposals or making their own vaults and trading strategies. RBN can also be used to provide liquidity incentives and staking rewards for vaults. RBN can be further used as a way to mitigate black swan events, and RBN stakers insure losses beyond an agreed-upon threshold that differs by vault. Ribbon Finance is a decentralized platform that provides crypto traders with access to structured products that seek to drive yield. Ribbon Finance vaults include support for AAVE, ETH, USDC, wBTC, stETH, yvUSDC, AVAX, and SOL. [You can see the RBN price and get more information by following this link](https://www.gemini.com/prices/ribbon-finance).

![Blog Inline LQTY](//images.ctfassets.net/jg6lo9a2ukvr/666ogptWgBl9G4gvV0udUT/6ef4ba20bf06ccf492d68aeb0d350fed/Blog_Inline_LQTY.png)
__Liquity (LQTY)__

LQTY is an ERC-20 token built on the Ethereum network. LQTY is used for staking on the Liquity platform; as well as for incentivizing front-end operators. Liquity is a borrowing and lending protocol where users can obtain loans of Liquity’s USD stablecoin, LUSD, by staking collateral. In contrast to competitors like MakerDAO, Liquity loans carry a 0% interest rate but charge a fee for loan creation. The minimum loan size on Liquity is 2,000 LUSD. Whereas Liquity itself does not provide a frontend interface to interact with the protocol, it offers its native utility token, LQTY, to incentivize the development of frontend interfaces by third parties. [You can see the LQTY price and get more information by following this link](https://www.gemini.com/prices/liquity).

![Blog Inline LUSD](//images.ctfassets.net/jg6lo9a2ukvr/1qkQLveuL75jE9OMLD0tRT/f6c34fa5f5d7eafd9371a500ac4c5c56/Blog_Inline_LUSD.png)
__Liquity USD (LUSD)__

LUSD is a USD-pegged ERC-20 token compliant with the Ethereum network. Liquity users can mint LUSD by depositing crypto onto the platform as collateral. Liquity is a borrowing and lending protocol where users can obtain loans of the Liquity USD stablecoin, LUSD, by staking collateral. In contrast to competitors like MakerDAO, Liquity loans carry a 0% interest rate but charge a fee for loan creation. The minimum loan size on Liquity is 2,000 LUSD. To obtain a loan, users deposit ether into a “trove.” Whereas Liquity itself does not provide a frontend interface to interact with the protocol, it offers its native utility token, LQTY, to incentivize the development of frontend interfaces by third parties. [You can see the LUSD price and get more information by following this link](https://www.gemini.com/prices/liquity-usd).

![Blog Inline FXS](//images.ctfassets.net/jg6lo9a2ukvr/URRrqbLA8xpOiRH1ZHn10/7793e9c5de1ea9ceec0ffc8ed2ead875/Blog_Inline_FXS.png)
__Frax Share (FXS)__

FXS is an ERC-20 token built on the Ethereum network. Its primary uses include governance, minting, staking, and redeeming FRAX, as well as providing liquidity incentives. To participate in Frax Finance governance, FXS can be locked in vote-escrowed FXS (“veFXS”), where voting power increases the longer a token is locked. Frax Finance is a decentralized lending platform which issues the FRAX stablecoin. Frax Finance algorithmically sustains the value of FRAX through the use of fractional collateral reserves. The collateral used on Frax Finance is split between an accepted collateral (e.g. stablecoins) and Frax Finance’s governance token, FXS. The collateralization ratio for FRAX changes based on its price. [You can see the FXS price and get more information by following this link](https://www.gemini.com/prices/frax-share).

![Blog Inline FRAX](//images.ctfassets.net/jg6lo9a2ukvr/7y8EBaMm1YCT8Dgrm14jlT/d9a7dc73a2ee16710f49099f53cf69dc/Blog_Inline_FRAX.png)
__Frax (FRAX)__

FRAX is an ERC-20 token compliant with the Ethereum network. It is an algorithmic stablecoin that aims to maintain a 1 USD peg. Frax Finance is a decentralized lending platform which issues the FRAX stablecoin. Frax Finance algorithmically sustains the value of FRAX through the use of fractional collateral reserves. The collateral used on Frax Finance is split between an accepted collateral (e.g. stablecoins) and Frax Finance’s governance token, FXS. The collateralization ratio for FRAX changes based on its price. [You can see the FRAX price and get more information by following this link](https://www.gemini.com/prices/Frax).


Gemini Now Supports Maple Finance (MPL), DeFi Pulse Index (DPI), Index Cooperative (INDEX), and More

At the beginning of the year, [we welcomed our new CTO](https://www.gemini.com/blog/we-welcome-pravjit-tiwana-as-our-chief-technology-officer), Pravjit Tiwana, who joined us from Amazon Web Services (AWS). Pravjit leads our Engineering, Product, and Information Security teams, with a vision of building customer-centric innovative products that harness the opportunities of Web3, the Metaverse, and decentralized finance. Earlier this month, we sat down with Pravjit to discuss his vision and strategy for enhancing Gemini’s suite of products, and his plans to continue to build a world-class engineering organization. 

In our conversation below, we covered topics such as Pravjit’s vision for the crypto industry, and why he believes that Gemini is particularly well-positioned to play a leading role in unlocking the next era of financial, creative, and personal freedom.

__After more than six years at AWS, what attracted you to the crypto industry?__

Every few years, we see a paradigm shift in technology — we saw this with the birth of the internet and with the evolution of Web2 and expansion of cloud computing. We are now entering the next pivotal moment, one toward a distributed internet. 

I was lucky to be part of the cloud computing journey that started in the early 2000s. The learnings and outcomes of that journey were transformational for me in understanding how the power of the cloud could enable the world to be more innovative and productive. 

Now, with Web3 and decentralized token-based economics, I see an opportunity to redefine the internet and aim for true economic freedom and flexibility. It’s a once-in-a-lifetime opportunity to contribute to, influence, and most importantly, catalyze the next generation of how the online world will behave and operate. 

__And, why did you choose Gemini?__

I have always been drawn to opportunities that allow me to solve customer-centric complex technical challenges at scale while driving innovation that makes an impact, and the mission of Gemini aligns with my passion.

I feel reinvigorated to work with a dedicated team and build a decentralized and open financial system based on the blockchain, and believe in Tyler and Cameron’s vision for the company. They have given me a platform to build high-scale distributed systems, as well as the opportunity to scale architectures, products, processes, and people.

The overall culture at Gemini is super aligned to what I look for — it’s exciting to walk into work and see passion and drive from the team. I do believe Gemini to be a company which will not just be a strong contributor to Web3 but a catalyst to its innovation and growth in the coming years.

__Tyler and Cameron have talked about building the future of money, finance, and the Metaverse. What is your vision and strategy to help the company achieve this as we enter this next evolution of the internet?__ 

While we are still early days in Web3, decentralized finance, and the Metaverse, Gemini is one of the pioneers in this industry that will help our customers transition into a digital and decentralized future. To ensure Gemini continues to be an innovative leader in this space, I’m focused on the following key milestones:

- __Continue to build products which are simple, secure, scalable and delight the customer__, which is our ethos for developing any product, be it in Web2 or Web3. The core mission of crypto/Web3 companies is no different in the sense that we have to be customer-obsessed and build products that empower them and enhance their lives. Customer asks are at the core of any product development plan, and they are particularly so for next-generation, transformational technologies like crypto.
- __Build a world-class bar-raising engineering organization.__ As crypto and Web3 have gained momentum and robust investment, I believe the promise of a better decentralized internet will lead to increased talent migration from traditional technology companies, as curious and learning-driven talent will seek new opportunities to be part of this transformational wave. With the disruptive promise of Web3, we are potentially going to witness an impact that has parallels to the introduction of personal computing, cloud computing, and the internet itself. For me, and many others in the tech industry, the opportunity to be part of a seismic shift like this is impossible to ignore.
- __Relentless focus on making Gemini products operationally indistinguishable from perfect.__ I have always believed that all successful products have a strong foundation in service fundamentals of security, availability, and performance. These service fundamentals require intense focus on operational health, processes and rigor. Gemini is a technology company where not just product development, but operations, are led by engineers. Being operationally aware right from the get go of the product development, enables us to become more effective in the development of high-performance and scalable software. 

__For engineers specifically interested in joining your team, what are some specific qualifications or requirements you are looking for?__ 

Most of Gemini’s engineers are able to work across the software stack, not just on their own specialization or subteam. We welcome talent from all organizations, and not just the finance world, with a passion for this wave of innovation. I’m specifically looking for individuals who have a track record of strong delivery, strong sense of ownership coupled with a sense of urgency to build and ship products which touch the lives of millions of users across the world.   

Gemini is currently looking to hire bar-raising engineers to deliver value to our customers with speed and reliability in multiple areas including web, mobile, data, machine learning, infrastructure, security, and backend systems. If you are interested in joining Pravjit and the Gemini mission, please review our Engineering [openings on our careers page](https://gemini.com/careers).

Onward and Upward!

Team Gemini

Q&A: Gemini’s CTO Pravjit Tiwana on Building the Future of Web3

At Gemini, we believe that community is central to the success of our industry, and the extraordinary response to the [launch of ApeCoin __(APE)__](https://www.gemini.com/blog/gemini-now-supports-apecoin-ape) exemplifies that reality. As a launch partner, we want to continue to support the ApeCoin community with a __Bored Ape Yacht Club NFT giveaway__!

[If you don’t yet have a Gemini account, you can create one here.](https://exchange.gemini.com/register)

__How to Enter:__

- [Retweet our announcement by March 21 at 11:59pm ET](https://twitter.com/Gemini/status/1504806265825996801)

__Eligibility:__

- You must have [Gemini](https://exchange.gemini.com/register) and [Nifty Gateway](https://niftygateway.com/new-signup) accounts that are linked together — new and existing Gemini users are eligible
- Ensure you have a bank account linked to Gemini or Nifty Gateway
- Make sure that you acknowledge and agree to the [Official Rules](https://www.gemini.com/legal/gemini-bored-ape-yacht-club-nft-giveaway)
- __One winner will be randomly selected__ on March 22, 2022 

We are thrilled to welcome the APE community to Gemini. 

Onward and Upward!

*__Winner Requirements:__*
- Winner must have verified Gemini and Nifty Gateway accounts; these accounts must be linked – new and existing customers are eligible 
- Complete Gemini onboarding and link a bank account
- Winner will be responsible for all taxes associated with the prize
- Prior to receiving the award, the winner must provide a Form W-9 certifying U.S. tax status with a valid Name/TIN combination so the required tax reporting (Form 1099-MISC) can be issued to report the fair market value of the prize at the time of award. Form 1099-MISC reporting will be issued to the winner in January, 2023. 

*__Legal Disclaimer:__* No purchase necessary. Must be a legal resident of the 50 U.S. states and D.C., at least 18 years of age, and age of majority in state of residence. Ends March 21, 2022, at 11:59 ET. Void where prohibited. [See Official Rules here for complete details](https://www.gemini.com/legal/gemini-bored-ape-yacht-club-nft-giveaway).

Win This Bored Ape Yacht Club NFT With Gemini

We are thrilled to announce support for ApeCoin __(APE)__!

- [ApeCoin __(APE)__](https://www.gemini.com/prices/apecoin) is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.
- Gemini users can also store __APE__ in Gemini Custody.

[If you don’t yet have a Gemini account, you can create one here](https://exchange.gemini.com/register).

We are proud to support the introduction of __APE__ as a launch partner and to be among the __first U.S. exchanges to offer trading for APE__. Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC), an NFT project that developed into a vibrant community in the summer of 2021, has also committed to use ApeCoin in its projects.

With the addition of APE, we now offer trading and custody for __more than 75 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices).

With support for __APE__, we are thrilled to expand the range of tokens available on Gemini. We believe __APE__ will provide value to our users as we continue to support the growth of NFT and crypto communities.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: March 17, 2022*

![Blog Inline APE (1)](//images.ctfassets.net/jg6lo9a2ukvr/15BvvqLuRQNxfjPh1zlU5A/cb05c15847744519a2bd8f46ef70565b/Blog_Inline_APE__1_.png)
__ApeCoin (APE)__

ApeCoin (APE) is an ERC-20 governance token compliant with the Ethereum network. Use cases include: a) governance within the ApeCoin DAO, b) incentives to third-party developers who participate in the APE ecosystem, c) access to products and services, and d) currency within the APE ecosystem. ApeCoin will become the primary token for new products and services launched by Yuga Labs, the same group that created the Bored Ape Yacht Club (BAYC) NFT project, a popular non-fungible token (NFT) project built on the Ethereum network. ApeCoin will also be accepted within the Benji Bananas video game, built by Animoca Brands. [You can see the ApeCoin price and get more information by following the link](https://www.gemini.com/prices/apecoin).

We are thrilled to announce support for ApeCoin (APE) as we continue to support the growth of NFT and crypto communities.

Gemini Now Supports ApeCoin (APE) | Buy, Sell, and Store APE | Gemini

Gemini Now Supports ApeCoin (APE)

Welcome to our new Token Spotlight series! Every couple of weeks, we’ll dig into some of the tokens available on Gemini and provide you with an overview of the projects and tokens we support on our platform. Today, we're exploring [Solana (SOL)](https://www.gemini.com/prices/solana).

Earlier this week, [we announced support for Solana (SOL)](https://www.gemini.com/blog/gemini-now-supports-solana-sol), a burgeoning smart contract blockchain launched in 2020. Solana’s architecture is distinct from that of other smart contract platforms like Ethereum. For a deep dive into Solana, [check out this expert article on Cryptopedia](https://www.gemini.com/cryptopedia/solana-blockchain) authored by Anatoly Yakovenko, Solana’s co-founder and CEO of Solana Labs. 

__Solana Basics__

- __Native Token:__ [SOL](https://www.gemini.com/prices/solana)
- __Consensus Mechanism:__ Proof of Stake
- __Total Token Supply:__ Uncapped
- __Transaction Speed:__ Over 50,000 transactions per second
- [__Website__](https://solana.com/)
- [__Whitepaper__](https://solana.com/solana-whitepaper.pdf)

__SOL Token and Solana Use Cases__

[SOL](https://www.gemini.com/prices/solana) is the native token of the [Solana network](https://www.gemini.com/cryptopedia/solana-blockchain) and is used to pay for transactions on the network. Functioning as a [smart contract](https://www.gemini.com/cryptopedia/crypto-smart-contracts-explained) platform, Solana aims to natively solve many of the scaling (growth) and throughput (volume) issues faced by other [layer-1 blockchain solutions](https://www.gemini.com/cryptopedia/blockchain-layer-2-network-layer-1-network). Solana’s primary focus is on scalability and the ability to support high-usage [decentralized applications (dApps)](https://www.gemini.com/cryptopedia/search?query=Decentralized%20Application%20(dApp)). 

A variety of dApps have already been built on Solana, including [decentralized exchanges (DEXs)](https://www.gemini.com/cryptopedia/decentralized-exchange-crypto-dex) like [Raydium](https://www.gemini.com/prices/raydium) and [Saber](https://www.gemini.com/prices/saber), mapping applications like Maps.me, and music streaming platforms like [Audius](https://www.gemini.com/prices/audius).

__Technical Overview__

The network combines a [Proof-of-Stake (PoS)](https://www.gemini.com/cryptopedia/proof-of-stake-delegated-pos-dpos) consensus mechanism with what is known as [Proof of History (PoH)](https://www.gemini.com/cryptopedia/search?query=Proof%20of%20History%20(PoH)), allowing validators to independently trust the time and order of transactions. 

Similar to other blockchain networks like Bitcoin, validators on Solana earn rewards when they verify and process transactions. However, as a PoS blockchain, validators on Solana are chosen based on how much SOL they have staked on the network, rather than their computing power. Further, Solana is not an [Ethereum Virtual Machine (EVM)](https://www.gemini.com/cryptopedia/search?query=Ethereum%20Virtual%20Machine%20(EVM)) chain, and does not employ [sharding](https://www.gemini.com/cryptopedia/search?query=Sharding) to increase throughput. 

The Solana network adds a further piece to its protocol puzzle: PoH. In simplified terms, PoH adds a “time” element to the cryptographic verifications on the Solana network using a verifiable delay function. [Read more about how PoS and PoH work together here](https://www.gemini.com/cryptopedia/solana-blockchain#section-a-new-blockchain-architecture-proof-of-stake-and-proof-of-history). 

We are excited about what the future holds for Solana and for the future of blockchain and crypto communities, and look forward to spotlighting other crypto projects as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

SOL is the native token of the Solana network and is used to pay for transactions on the network. Solana’s main focus is on scalability and the ability to support high-usage dApps.

Token Spotlight: Learn About Solana and SOL on Gemini

Token Spotlight: Solana (SOL)

We are thrilled to announce support for Raydium __(RAY)__ and Saber __(SBR)__!

- [Raydium __(RAY)__](https://www.gemini.com/prices/raydium) is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. 
- [Saber __(SBR)__](https://www.gemini.com/prices/saber) is now available for limit-only trading on our API/FIX and ActiveTrader applications for USD.
- __RAY__ and __SBR__ can also be custodied in our exchange wallet. 

[If you don’t yet have a Gemini account, you can create one here.](https://exchange.gemini.com/register)

With the addition of these new tokens, we now offer trading and custody for __more than 75 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

With support for __RAY__ and __SBR__, we are thrilled to add SPL tokens built on [Solana](https://www.gemini.com/prices/solana) to the range of tokens available on Gemini. We believe these tokens will provide value to our users as we continue to support the growth of decentralized finance and the Solana ecosystem.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: March 2, 2022*

![Blog Inline RAY](//images.ctfassets.net/jg6lo9a2ukvr/1PZLHvaPR1XebSIaLOy0tb/c28156b5839215fabef07581972d31fd/Blog_Inline_RAY.png)
__Raydium (RAY)__

RAY is an SPL token compliant with the [Solana](https://www.gemini.com/cryptopedia/solana-blockchain) network. RAY’s use cases include: 1) liquidity incentivization, 2) participation in AcceleRaytor, 3) market making fee capture, and 4) governance (to be launched as of March 2022). AcceleRaytor is operated by Raydium, and provides a platform for new Solana projects to distribute tokens. Raydium is a [decentralized exchange (DEX)](https://www.gemini.com/cryptopedia/decentralized-exchange-crypto-dex) frontend interface on the [Solana](https://www.gemini.com/prices/solana) network that plugs into the Serum DEX central limit order book. Raydium operates as an [automated market maker (AMM)](https://www.gemini.com/cryptopedia/search?query=Automated%20Market%20Maker%20(AMM)) and acts as a traditional DEX on Ethereum (e.g. Uniswap, Sushiswap), while the trades themselves are executed through Serum. Raydium users can provide tokens to a [liquidity pool](https://www.gemini.com/cryptopedia/what-is-a-liquidity-pool-crypto-market-liquidity) in a 1:1 ratio for a two-sided trading pair, and receive a portion of trading fees generated by the pool. Fees on Raydium are 0.25%, with 0.22% given to liquidity providers, and the remaining 0.03% allocated to stakers of RAY. Raydium also provides other avenues for earning yield through staking. [You can see the RAY price and get more information by following the link](https://www.gemini.com/prices/raydium).

![Blog Inline SBR](//images.ctfassets.net/jg6lo9a2ukvr/4MExgxx0Q0kezwesROdYAw/5e823804f4529a9d8cb41ed5b88d5da0/Blog_Inline_SBR.png)
__Saber (SBR)__

SBR is an SPL token compliant with the [Solana network](https://www.gemini.com/cryptopedia/solana-blockchain). SBR’s use cases include: 1) staking for governance (treasury, fees, etc.) and 2) incentivizing pools to maintain liquidity in stableswap pairs. Saber is a [decentralized exchange (DEX)](https://www.gemini.com/cryptopedia/decentralized-exchange-crypto-dex) for [stablecoin](https://www.gemini.com/cryptopedia/what-are-stablecoins-how-do-they-work) swaps built on [Solana](https://www.gemini.com/prices/solana). Saber functions similarly to the [Curve](https://www.gemini.com/prices/curve) protocol on [Ethereum](https://www.gemini.com/cryptopedia/ethereum-blockchain-smart-contracts-dapps). The Saber DEX allows for low fee swaps of USD stablecoins. There are a number of Solana-based SPL tokens that have the same or similar assets backing them. For example, Solana supports USD Coin (USDC), Tether (USDT) and Terra (UST) that all target the price of USD1.00. The Saber DEX launched on June 1st, 2021 and launched its SBR token on July 15th, 2021. Saber experienced success since launch given the many assets that are bridged from other networks to Solana and require a Solana-native liquid stablecoin swap protocol. [You can see the SBR price and get more information by following the link](https://www.gemini.com/prices/saber).

With support for RAY and SBR, we are thrilled to add SPL tokens built on Solana to the range of tokens available on Gemini.

Buy Raydium (RAY) and Saber (SBR) on Gemini

Gemini Now Supports Raydium (RAY) and Saber (SBR)

We are thrilled to announce support for Solana __(SOL)__!

- [Solana __(SOL)__](https://www.gemini.com/prices/solana) is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. 
- Gemini users can also custody __SOL__ in our exchange wallet, and lend __SOL__ using [Gemini Earn](https://www.gemini.com/earn).

[If you don’t yet have a Gemini account, you can create one here.](https://exchange.gemini.com/register)

With the addition of Solana, we now offer trading and custody for __more than 75 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). 

With support for __SOL__, we are thrilled to expand the range of networks and tokens available on Gemini. We believe __SOL__ will provide value to our users as we continue to support the growth of the decentralized finance and crypto communities.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Updated: March 1, 2022*

![Blog Inline SOL](//images.ctfassets.net/jg6lo9a2ukvr/3CNXb0Qzw4IUekiT1DTqql/31442621b475d3480a1a18b69280f92a/Blog_Inline_SOL.png)
__Solana (SOL)__

SOL is the native token of the [Solana network](https://www.gemini.com/cryptopedia/solana-blockchain) and is used for payment of transactions on the network. Solana is a [smart contract](https://www.gemini.com/cryptopedia/crypto-smart-contracts-explained) platform that aims to natively solve many of the scaling and throughput issues faced by other [layer-1 blockchain solutions](https://www.gemini.com/cryptopedia/blockchain-layer-2-network-layer-1-network). Its primary focus is on scalability and the ability to support high-usage dApps without any performance bottlenecks. The network uses a combination of proof-of-history and proof-of-stake systems that allow validators to independently trust the time and order of transactions. [You can see the SOL price and get more information by following the link](https://www.gemini.com/prices/solana).

With support for Solana (SOL), we are thrilled to expand the range of networks and tokens available on Gemini!

Buy Solana (SOL) on Gemini

Gemini Now Supports Solana (SOL)

As we inch closer to April, many of us start bracing for tax season. While some might find the prospect of filing crypto taxes daunting, we at Gemini aim to simplify this process for our users through partnerships and by providing helpful information.

Today, we’ll go through five tips that can help you better understand your crypto taxes, including who will receive Forms 1099-MISC and what kinds of crypto earnings must be reported on your taxes. We’ll also outline our [integration with TaxBit](https://www.gemini.com/blog/gemini-and-taxbit-partner-to-make-crypto-taxes-easier), which allows eligible Gemini users to create free accounts. 

Below are five tips that can help you on your 2021 crypto taxes:

1. __Who owes crypto taxes?__ All crypto assets earned by U.S. persons (U.S. citizens or residents) are taxable and required to be reported on a U.S. tax return regardless of whether you receive a tax form from Gemini (e.g. a Form 1099-MISC, which we will get into next). __NOTE:__ if your only activity was the purchase of crypto assets with fiat currency and you had no earnings or dispositions, you should not owe taxes on your crypto. 
2. __Who will receive a Form 1099-MISC from Gemini?__ Gemini issues Forms 1099-MISC for non-exempt U.S. exchange account holders who have earned more than USD 600 (or USD equivalent) in income during the relevant calendar year. You can download your Form 1099-MISC (or confirm you did not receive one) in the “Statements and History'' section on the “Account” page on the Gemini website or mobile app.
3. __What kinds of crypto earnings are taxable?__ The IRS has issued guidance on the taxation of crypto activities including earnings, gains, losses, and donations. How these transactions are taxed may vary depending on your personal tax situation, which is why it is critical for each filer to consider their own situation independently. Crypto assets can also be earned on the Gemini exchange by lending assets through [Gemini Earn](https://www.gemini.com/earn), or through bonuses or promotions. 
4. __How to access your transaction history:__ When preparing your U.S. tax filing obligations, you may be required to reference your transaction data. You can access your transaction history by following these steps once you’re signed in to your account: 1) Navigate to https://exchange.gemini.com/history. 2) Click the “Transaction History” tab. 3) Click the download button and select your desired date range. Click "Download.xlsx" and the transaction history will download onto your device.
5. __How to find IRS information about crypto taxes:__ We always recommend that you consult a tax advisor to determine your personal tax obligations, but if you want to do some research yourself on IRS regulations covering crypto, here are some resources: the [IRS’ FAQ on Virtual Currency Transactions](https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions), and [IRS Publication 544](https://www.irs.gov/pub/irs-pdf/p544.pdf) on how gains and losses from crypto dispositions may be taxed differently for different types of investors. 

Another way that Gemini supports you on your crypto journey is through our partnership with crypto tax platform TaxBit. As a Gemini user, you may have access to a free TaxBit account, which could drastically simplify your crypto tax reporting process. 

[Create your free TaxBit account here.](https://taxbit.com/invite/gemini)

TaxBit allows you to link your Gemini account — and any other TaxBit Network exchange account — to a central location, determine a tax lot selection method, and produce a Form 8949 that will determine your total gain or loss from crypto transactions to report on a Form 1040. 

For more information about crypto taxes, [you can explore our FAQ](https://support.gemini.com/hc/articles/360000032643-What-Do-I-Need-To-Know-About-Cryptocurrency-Tax-Reporting-).

We are dedicated to providing you with the most seamless crypto experience possible, and equipping you with information to help you accurately report your crypto earnings is an important part of that process. We are thrilled to be on this journey with you as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*Disclaimer: The information above is provided for general informational purposes and should not be considered tax advice. Please consult a tax advisor to determine your personal tax obligations that result from your activities on Gemini, including dispositions, earnings, and rewards.*

Here, we outline five tips that can help you understand your crypto taxes and detail our integration with crypto tax platform TaxBit.

Crypto Taxes: 5 Tips To Help You During Tax Season, And Our TaxBit Integration

Crypto Taxes: 5 Tips To Help You During Tax Season

We are excited to announce that we have started inviting select waitlist members to apply for the Gemini Credit Card, which offers up to 3% back in crypto rewards on every purchase.

Once you're eligible to apply you'll receive an email invite with a link to the application, and a card tab will appear on the menu bar of the Gemini Mobile App.

If you’re not yet signed up for the Gemini Credit Card waitlist, [sign up now](https://www.gemini.com/credit-card/waitlist) to get early access to see if you prequalify with no impact to your credit. We'll continue to allow waitlist members to apply over the coming weeks, based on when they joined the waitlist, before we open applications to the general public.

The Gemini Credit Card is accepted wherever Mastercard® is accepted and allows you to spend USD and earn crypto rewards. Once approved, you’ll __earn 3% crypto back on dining,1 2% crypto back on groceries, and 1% crypto back on all other purchases__, with rewards automatically deposited into your Gemini account. You can choose to receive rewards in one of the 50+ cryptos we currently support, including bitcoin, ether, and dogecoin (Gemini dollar is currently not supported but will be in the future). You can switch reward types at any time.

Here are some other features of the Gemini Credit Card:

- __No annual fee__: Earn crypto rewards without paying a hefty annual fee, and never pay foreign transaction fees.2 
- __Instant rewards__: Rewards are instantly deposited into your account when you make a purchase, not a month later.3
- __Security-first design__: Sensitive information, like the card number, is removed and accessible to cardholders via the Gemini app, which requires two-factor authentication.
- __Instant access__: Once approved, you can immediately access the digital version of your Gemini Credit Card and begin making purchases online and in stores. You can also add your card to your Apple wallet (Google wallet and certain other mobile wallets are not currently supported but will be in the near future).
- __World Mastercard® Benefits__: You’ll have access to exclusive offers with select merchants such as DoorDash, HelloFresh, Lyft, and ShopRunner, as well as through [Mastercard’s Priceless® Experiences](https://www.priceless.com/). Your card will include advanced security features including Mastercard ID Theft Protection™, Zero Liability, and Price Protection.
- __24/7 live customer support__

You can __choose from black, silver, and rose gold metal cards__ that are made from 75% recycled stainless steel. The beautiful, clean design isn’t just for looks — it keeps your sensitive information off the card’s surface, protecting your financial identity.

We are proud to work with our partners, [Mastercard and WebBank](https://www.gemini.com/blog/gemini-credit-card-to-launch-with-mastercard-as-network-partner), to offer you our novel crypto rewards credit card. Mastercard is our exclusive network partner for the Gemini Credit Card, and WebBank, a leader in digital lending, is the issuing bank.

We couldn’t be more thrilled to provide you with the opportunity to seamlessly earn crypto on everyday purchases and start building your financial future with the swipe of a card. If you have additional questions about the Gemini Credit Card, we invite you to visit our [FAQ page here](https://support.gemini.com/hc/en-us/categories/1260802420830-The-Gemini-Credit-Card).

Maximize your rewards — welcome to the future!

Onward and Upward!

Team Gemini

1 Up to $6,000 in annual spend, then 1% back on everything else. 
2 See other applicable [Fees and Rates](https://www.gemini.com/legal/cardholder-agreement#section-). 
3 Some exclusions apply in which rewards are deposited when the transaction posts. See [reward terms](https://www.gemini.com/legal/credit-card-rewards-agreement#section-welcome-to-the-gemini-credit-card-crypto-rewards-program-the-rewards-program).

The Gemini Credit Card is accepted wherever Mastercard® is accepted and allows you to spend USD and earn crypto rewards.

Gemini Credit Card Now Available to Waitlist Members, Earn Crypto Rewards

Gemini Credit Card Now Available to Waitlist Members

At Gemini, our core product is a simple and secure on-ramp to the world of crypto. Whether you’re on the go, looking to implement a sophisticated trading strategy, or just trying to make your first crypto purchase, we have the tools for you to take control of your crypto journey. 

Here, we’ll walk you through the two main venues where you can buy and sell crypto on Gemini: the __Gemini Mobile App__ and __Website__. We’ll also highlight some of the other functionalities available to you on Gemini, including __recurring buys__ and creating __price alerts__. 

Once you’ve [opened a Gemini account](https://exchange.gemini.com/register) and been verified, you’ll need to fund your account in order to buy crypto on Gemini. You can explore [all the ways to fund your Gemini account here](https://www.gemini.com/blog/funding-crypto-purchases-on-your-gemini-account), including using your debit card, initiating a wire or bank transfer, or using Apple Pay and Google Pay. 

You can [download a PDF of these steps here](https://assets.ctfassets.net/jg6lo9a2ukvr/48yhwrgLke0WSLq8gs3uGP/c0da41e1a4187b8f5b7f919250402a9c/How_to_Make_Your_First_Trade_-_PDF__1_.pdf).

![Blog Inline 03](//images.ctfassets.net/jg6lo9a2ukvr/6NjikZ3DzdLHZdqBx8G1oG/87208c48dc03f7b455a92a1085b1de34/Blog_Inline_03.png)

### Gemini Mobile App

Once you’ve [downloaded the Gemini Mobile App](https://www.gemini.com/gemini-mobile), had your account verified, and [linked your funding source](https://www.gemini.com/blog/funding-crypto-purchases-on-your-gemini-account), you can [buy and sell more than 70 cryptos](https://www.gemini.com/prices) in just a few steps. 

__Step 1 - Select the crypto you want to buy.__ When you open the Gemini Mobile App, you’ll land on [the Homepage](https://www.gemini.com/blog/exploring-your-new-gemini-account-homepage) where you can explore your overall portfolio, top movers, and your watchlist. Tap on the Market tab at the bottom left of your screen to find a list of all the cryptos you can buy and sell on the Gemini exchange. 

Once you select a crypto, the next screen will display information about the crypto you’ve chosen. To make your first purchase, tap trade and select the buy option.

- __Price Alerts:__ If you’re seeking updates on price movements, you have the option to set up a price alert. On the price page for your selected crypto, you’ll see a bell with a plus sign in the top right corner. Tap the bell to create a __general market__ alert that notifies you of significant price movements, or create your own __custom alert__.

__Step 2 - Select a buy order type.__ After tapping buy, you’ll have the option to choose whether you want to place a __one-time purchase__ or a __recurring buy__. If you select a recurring buy you’ll have the option to choose between daily, weekly, twice monthly, or monthly purchases.

__Step 3 - Enter the amount you want to buy.__ Next, you’ll be prompted to enter the amount you’d like to purchase. Once you’ve entered the amount, click continue. For those cryptos available in [Gemini Earn](https://www.gemini.com/earn), you’ll be prompted to choose whether you want to buy and immediately move your crypto into Earn, where you can earn up to 8.05% APY on certain types of crypto. Earn is available in the U.S., Singapore, and Hong Kong. 

__Step 4 - Choose your payment method and confirm!__ The next screen will show your payment options. Select your preferred method of payment, review your trade details, and swipe to confirm your order. 

To sell crypto, simply select your chosen crypto from the Market tab. Once you tap trade you can select sell, enter the amount you wish to sell and swipe to confirm. 

![Blog Inline 03](//images.ctfassets.net/jg6lo9a2ukvr/6NjikZ3DzdLHZdqBx8G1oG/87208c48dc03f7b455a92a1085b1de34/Blog_Inline_03.png)

### Gemini Website

Once your Gemini account has been verified and you’ve linked a funding source, you’ll also be able to start buying crypto on the Gemini Website in just a few steps. 

__Step 1 - Select the crypto you want to buy.__ Once you’ve logged into the Gemini Website, you’ll land on [the Homepage](https://www.gemini.com/blog/exploring-your-new-gemini-account-homepage). Navigate to the Market tab, where you can browse the [70+ cryptos available to buy and sell](https://www.gemini.com/prices) on Gemini. Select View details on the crypto you want to buy. 

- __Price Alerts:__ If you’re seeking updates on price movements, you have the option to set up a price alert. On the price page for your selected crypto, you’ll see a bell with a plus sign in the top right corner. Tap the bell to create a general __market alert__ that notifies you of significant price movements, or create your own __custom alert__. 

__Step 2 - Create your order.__ Once on the page of the crypto you want to buy, you’ll see a variety of information about the crypto. On the right side panel of the page, start filling out the fields under Make a trade. Decide whether you want to make a __one-time__ or __recurring order__, and how much you want to buy. Depending on your jurisdiction, you may also have the option to immediately transfer crypto you purchase directly into [Gemini Earn](https://www.gemini.com/earn), if the crypto is supported in Earn, by toggling Transfer to Earn. 

__Step 3 - Choose your payment method.__

__Step 4 - Review your order, and click Confirm!__

To sell your crypto on the Gemini Website, simply select a crypto from the Market tab or from your portfolio. Once on the crypto’s price page, you can toggle the sell order type on the right side panel, enter the amount you wish to sell, and click confirm.

We are dedicated to providing you with the most seamless crypto experience. We will continue to provide our users with the tools to build your crypto portfolio. We are thrilled to be on this journey with you as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

Whether you’re on the go, or trying to make your first purchase of bitcoin, ether, or other crypto, we have the tools for you to take control of your crypto journey.

How To Buy Bitcoin, Ether, and Other Cryptos on the Gemini App and Website

How To Buy Crypto on the Gemini Mobile App and Website

We are delighted to support [Rally __(RLY)__](https://www.gemini.com/prices/Rally), [Lido DAO __(LDO)__](https://www.gemini.com/prices/lido-dao-token), and [Tokemak __(TOKE)__](https://www.gemini.com/prices/Tokemak)!

__RLY__, __LDO__, and __TOKE__ are now available for custody and trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. 

With the addition of these new tokens, we now offer trading and custody for __more than 80 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). If you don’t yet have a Gemini account, [you can create one here](https://exchange.gemini.com/register).

We are proud to be the __first regulated U.S. exchange to offer trading for LDO and TOKE__.

We believe these tokens will provide value to our users and we will continue to support the growth of DeFi and the wider crypto community.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom. 

Onward and Upward!

Team Gemini

*Updated: April 20, 2022*

### DeFi Tokens
![Blog Inline 02 - LDO](//images.ctfassets.net/jg6lo9a2ukvr/5SKFxsh7yG3F07jVXS7pr0/23bfd0da3d3463c042081047540c13a4/Blog_Inline_02_-_LDO.png)
__Lido DAO (LDO)__

LDO is an ERC-20 governance token compliant with the Ethereum network. LDO is also used to reward various DAO users and activities (as well as stETH and other assets within the treasury). Some common payments from the DAO have been grants, referral program payouts, liquidity incentives, insurance purchases, and bug bounties. Lido is a liquid staking solution for proof-of-stake (POS) blockchains, aggregating node operator partners who run the underlying validator infrastructure on the [Ethereum](https://www.gemini.com/cryptopedia/ethereum-blockchain-smart-contracts-dapps), [Solana](https://www.gemini.com/cryptopedia/solana-blockchain), and [Terra](https://www.gemini.com/cryptopedia/terra-luna-coin-fiat-stablecoin) blockchains. The project launched in December 2020 when Ethereum 2.0 (“beacon chain”), Ethereum’s POS chain, first entered Phase 0 and only allowed users to stake on [Ethereum 2.0](https://www.gemini.com/cryptopedia/ethereum-blockchain-pos-proof-of-stake) in multiples of 32 ETH. Once ETH is staked to the beacon chain, it cannot be bridged back to the original Ethereum (“Ethereum 1.0”). For example, Lido provides liquidity by issuing stETH in exchange for users depositing ETH, allowing them to earn staking rewards on Ethereum 2.0 while maintaining liquidity and reducing the 32 ETH requirement to any amount. When the beacon chain is rolled out, users will be able to “unstake” their stETH for the corresponding amount of ETH2 on the beacon chain. In essence, when holding any Lido st-assets, users can earn staking rewards while maintaining their liquidity. As of February 2022, Lido DAO has support for Ethereum 2.0, Solana, and Terra, with support for more POS blockchains to come. [You can see the LDO price and get more information by following the link](https://www.gemini.com/prices/lido-dao-token). 

![Blog Inline 03 - TOKE](//images.ctfassets.net/jg6lo9a2ukvr/5Bx2x4jVRqXrqL2G1BlCow/a3038224201b26822f737523e31f058f/Blog_Inline_03_-_TOKE.png)
__Tokemak (TOKE)__

TOKE is an ERC-20 governance and collateral token compliant with the Ethereum network. Tokemak’s use cases include staking to reactors to govern liquidity deployment, incentivizing pools to maintain liquidity, serving as a collateral asset for LPs, and DAO governance (adding new reactors, setting fees, etc). Tokemak is a decentralized market making protocol that seeks to generate better capital efficiency for Liquidity Providers (LPs) across the DeFi ecosystem. Tokemak serves as a “liquidity router” that sits on top of decentralized exchanges, controlling the flow of liquidity as a means to provide cheaper and more seamless liquidity sourcing. Tokemak’s system is composed of “Reactors” and “Liquidity Directors”. The interaction between these allows for different protocols and DAOs to direct where their liquidity goes without having to rely on traditional incentives like high APY pools that can be inflationary. [You can see the TOKE price and get more information by following the link](https://www.gemini.com/prices/Tokemak). 

### Social Tokens
![Blog Inline 01 - RLY](//images.ctfassets.net/jg6lo9a2ukvr/1D8puNqFyFzNTukaNQZoYe/e737e799c5bf4487a170e05dd1f1a325/Blog_Inline_01_-_RLY.png)
__Rally (RLY)__

RLY is an ERC-20 governance and collateral token compliant with the Ethereum network. RLY’s use cases include: governance of the community treasury (voting and proposal creation), social token creation, liquidity for creator tokens, and community Rewards. The most popular application in the RLY ecosystem is Rally, a Web3 social token platform that allows content creators, brands, and celebrities to issue tokens. These tokens can then be used for any number of reasons as defined by token issuers, for example: access to private discord channels, use within a merch shop, access to NFTs. Whenever tokens are sold back from the creator token to RLY, a percentage of the sale is allocated to the creator. Creator tokens can be purchased using the RLY token, debit/credit cards, and other popular tokens, and can be sold back for RLY and then bridged back to Ethereum mainnet. [You can see the RLY price and get more information by following the link](https://www.gemini.com/prices/Rally). 

Gemini Now Supports Rally (RLY), Lido DAO (LDO), and Tokemak (TOKE)

Today, we are thrilled to announce that Gemini Galactic Markets (Gemini Galactic), an affiliate of Gemini Trust Company, __has received approval from FINRA to operate a broker-dealer registered with the SEC and is officially a [FINRA member](http://www.finra.org)__.

As a result of this approval, Gemini Galactic is able to operate an alternative trading system (ATS), which will facilitate the trading of digital asset securities.

As the digital asset industry continues to grow, we believe blockchain infrastructure will change the way companies raise money in capital markets, and the ability to provide a regulated venue for the buying and selling of digital assets that are securities will be an important part of the blockchain ecosystem.

The digital asset security ecosystem is still developing and we are excited to be a first mover and to help further develop this space. Gemini Galactic will leverage the existing experience and expertise in crypto assets across the Gemini family to operate a secure and compliant trading platform and offer new products to our users.

Gemini is committed to proactively working with regulators to ensure our customers have as much freedom and choice as possible in accessing the digital asset ecosystem. Gemini Galactic’s broker-dealer registration is an important step in fulfilling that vision, and we’re excited to expand our offerings in lockstep with the growth and maturity of the industry.

Onward and Upward! 

Team Gemini

Gemini Galactic Markets Approved for FINRA Membership and Broker-Dealer Operation

Today, we are thrilled to announce that [EarlyBird](https://www.getearlybird.io/), a [Gemini Frontier Fund](https://www.gemini.com/frontier-fund) portfolio company, has launched their waitlist for EarlyBird Crypto. 

EarlyBird Crypto, powered by Gemini, will allow parents, family, and friends to contribute crypto to a child’s investment portfolio, __providing the next generation of investors with early exposure to the burgeoning crypto asset class__. Gemini will serve as the custodian for EarlyBird Crypto, providing institutional-grade security and compliance to families investing on the platform.

Parents who [__sign up__ for the EarlyBird Crypto waitlist](https://www.getearlybird.io/crypto) will receive __early access__ to the offering when it goes live next month, as well as a __$25 sign-up bonus__.

EarlyBird is a platform for parents, family, and friends to seamlessly invest in a child's future, having helped tens of thousands of families open accounts for their children since launching in December 2020. Within minutes, parents can set up an account, choose from a range of diversified portfolios, set a recurring investment, and invite friends and family to make contributions. 

__With the launch of EarlyBird Crypto, parents can invest in bitcoin and ether for their children, a first for the wealth management industry!__ 

The launch of EarlyBird Crypto comes on the heels of the company’s $4M seed funding round, led by Alexis Ohanian’s Seven Seven Six and with strategic participation from the [Gemini Frontier Fund](https://www.gemini.com/frontier-fund). 

Gemini offers crypto services and infrastructure to a growing number of asset managers and institutions across the world through [Gemini Custody](https://www.gemini.com/custody), [Gemini Fund Solutions](https://www.gemini.com/blog/gemini-fund-solutions-a-unified-offering-for-fund-managers), and custom integrations with registered investment advisors and FinTech platforms. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, one of the most sophisticated financial regulators in the world, the security of our clients’ assets is our top priority.

To learn more about our full-stack of institutional crypto offerings, we invite you to [reach out to us here](https://exchange.gemini.com/register/institution).

We are excited to work with EarlyBird to provide parents with access to crypto investments for their children, as we continue on our mission to unlock the future of financial, creative, and personal freedom through crypto!

Onward and Upward!

Team Gemini

EarlyBird To Launch Crypto Wallet Custodied by Gemini, Allowing Parents To Invest in Bitcoin and Ether for Their Children

Today, we’re excited to announce that Gemini users in Singapore and Hong Kong can start gifting bitcoin (BTC) with our new [Gifting Crypto feature](https://www.gemini.com/gifting). Why send a cash gift this Lunar New Year when you can gift BTC to family and friends? __It’s more than just a gift — it’s an investment!__ 

Through Gifting Crypto, you can gift BTC held in your Gemini exchange account to Gemini account holders in Singapore or Hong Kong. Once you confirm your gift order, the recipient will receive an email with the gift amount and an accompanying message of your choice. If the recipient doesn’t have an existing Gemini account, the email will also [guide them through creating one](https://exchange.gemini.com/register), and your gift will be held safely until an account is open.  

When you gift crypto on Gemini, you can give a family member, friend, or colleague an original gift in just three simple steps, and without incurring any additional fees: 

1. Choose the amount of BTC you want to gift from your Gemini account
2. Enter the recipient's name and email along with an optional gift message and hit send
3. The recipient will receive an email notifying them of the gift and instructions to redeem

This feature is currently available to customers in Singapore and Hong Kong, with availability in more jurisdictions and support for more cryptos coming soon. [Further information on Gifting Crypto can be found here](http://gemini.com/gifting) and on the Gemini website and mobile application. 

We look forward to further developing new and innovative ways for you to engage with the Gemini community as we advance our mission to unlock the future of financial, creative, and personal freedom through crypto.

Onward and Upward!

Team Gemini

Gift Bitcoin This Lunar New Year With Gemini’s Gifting Crypto Feature

Today, we are pleased to announce the acquisition of Omniex, a trading technology platform that provides order, execution, and portfolio management system solutions for institutional crypto trading. 

The acquisition enables Gemini to publicly launch [Gemini Prime](http://www.gemini.com/prime), a crypto prime brokerage offering that has been supporting a select client base over the past year. Following the full rollout of Gemini Prime in Q2 2022, the integration of Omniex with Gemini’s existing custody, clearing, and OTC trading capabilities will simplify trading for institutional investors by providing:

- A single point of access to multiple exchanges and OTC liquidity sources
- Sophisticated tools and algorithms to ensure best execution and trade transparency
- An institutional-grade trading experience with full API connectivity

There has been unprecedented demand among institutional investors for access to the full breadth of the digital asset ecosystem over the past year and Gemini has been building an institutional business focused on providing the best crypto trading technology available. Combined with our institutional-grade security and proactive regulatory approach, the integration of Omniex's technology with Gemini's unique clearing and custody capabilities creates a full-service industry-leading crypto prime brokerage service tailored to the needs of institutional investors.

Gemini brings a variety of specialized services focused on the institutional community including: [Gemini Fund Solutions](https://www.gemini.com/blog/gemini-fund-solutions-a-unified-offering-for-fund-managers), Gemini Wealth & Investment Solutions, Hedge Fund & Liquidity Solutions, and Corporate & Family Office Solutions. These offerings are tailor-made for the differing needs of the wide swath of institutions that are seeing a need to participate in the crypto ecosystem.

Omniex was founded by CEO Hu Liang and Chief Strategy Officer John Burnett. Hu was most recently an SVP at State Street where he oversaw the bank’s Emerging Technologies Center (focused on crypto and blockchain) and the bank’s APAC electronic FX platforms and data businesses. He joined State Street in 2007 through the acquisition of Currenex, the first internet based electronic FX ECN platform. John was most recently a Managing Director at State Street within the Emerging Technologies Center, leading all crypto and blockchain efforts globally for the bank starting in 2015. As part of this acquisition, the Omniex team will be joining Gemini to expand and drive platform capabilities for the Prime Services division.

To learn more about Gemini Prime, please visit [gemini.com/prime](http://www.gemini.com/prime) or [reach out to us here](https://exchange.gemini.com/register/institution). 

Onward and Upward!

Team Gemini

Gemini Acquires Trading Technology Platform Omniex, Launches Gemini Prime

Recently, you might have seen advertisements for the upcoming [Gemini Credit Card](https://www.gemini.com/credit-card)1 displayed on some of the most iconic U.S. billboards and across digital platforms with the tagline: __“What’s the Best That Could Happen?”__ What you’ve come across are one-of-a-kind Gemini ads that double as NFT art pieces you can buy on [Nifty Gateway](https://niftygateway.com/).

The Gemini Credit Card is a seamless way to earn crypto on everyday purchases and start building your financial future with the swipe of a card. When you can receive crypto rewards every time you make a purchase, “What’s the Best That Could Happen?”2

Conceptualized by five emerging NFT artists, the campaign brings “art not ads” to iconic billboards in New York, Los Angeles, San Francisco, Miami, and Dallas. 

The featured NFTs are:

- [__Can Shirts Become Yachts?__](https://www.gemini.com/card/tshirt-to-yacht) Artist: Steven Baltay
- [__Can a Lawnmower Become a Lambo?__](https://www.gemini.com/card/lawnmover-to-lambo) Artist: Bryan Brinkman
- [__Can Shoes Become a Private Jet?__](https://www.gemini.com/card/sneaker-to-private-yet) Artist: Christopher Rutledge
- [__Can Groceries Become a Private Island?__](https://www.gemini.com/card/groceries-to-private-island) Artist: Ruye
- [__Can Salad Become Retirement?__](https://www.gemini.com/card/salad-to-retirement) Artist: Zigor

Scan the billboard QR codes or click-through on the digital ads, and you’ll be directed to a Nifty Gateway page where editions of 50 NFTs are on sale for $500 each and an edition of 25 NFTs is on sale for $1,000 each. The artists will donate 20% of their proceeds from the initial sale to a charity of their choice. Additional versions of these ads will appear on other mediums.

At Gemini, we are inspired by the promise of Web3, and how it can change the way we engage with daily activities. The merging of the physical and digital worlds with these innovative ads is a new way to explore the potential of Web3, while at the same time providing a powerful platform to showcase the work of these exciting new artists.

As we enter 2022, at Gemini, we are energized about the year to come and are committed to unlocking the future of financial, creative, and personal freedom through crypto! What’s the best that could happen?

Onward and Upward!

Team Gemini

1 Issued by WebBank. WebBank and Gemini Constellation, LLC are not affiliated with the sale of NFTs. 
2 Engaging with crypto involves risks; seek expert advice. Past performance no guarantee of future results. Learn more at [gemini.com/credit-card](http://www.gemini.com/credit-card).

Gemini Ads Available For Purchase as NFTs: ‘What’s the Best That Could Happen?’

At Gemini, we are committed to __building the next generation of financial services by harnessing the transformative power of blockchain technology and crypto__. 

Through the [__Gemini Frontier Fund__](https://www.gemini.com/frontier-fund) — our strategic venture investment arm — we’ve embarked on a journey to support crypto startups and entrepreneurs as they develop, build, and experiment on the crypto frontier. 

It has been a thrilling year for the Gemini Frontier Fund. Following our [public launch in March 2021](https://www.gemini.com/blog/introducing-the-gemini-frontier-fund-betting-on-the-future-of-crypto), we’ve focused our investments in three main areas of innovation: [__Web 3.0__](https://www.gemini.com/cryptopedia/web-3-0-definition-open-internet-decentralized), [__Decentralized Finance (DeFi)__](https://www.gemini.com/cryptopedia/what-is-defi-crypto-decentralized-finance-projects), and __Institutional Tools__. From NFTs and the metaverse to crypto payments and data-driven lending, below is a rundown of some of the companies we’ve invested in this year.

![Blog inline web3.0](//images.ctfassets.net/jg6lo9a2ukvr/32FPdokifghrzXtiPGHd6B/0792743a2877d488e8eb2f2c628c582b/Blog_inline_web3.0.jpg)

- [__Alethea AI__](https://alethea.ai/) is a decentralized protocol to create intelligent and interactive NFTs, or iNFTs. 
- [__RECUR__](https://www.recurforever.com/) designs and develops on-chain branded experiences for fans to buy, collect, and resell NFTs while maintaining smart contract royalties for the creator. 
- [__Somnium Space__](https://somniumspace.com/) is an open, social and persistent virtual reality world, or metaverse.
- [__The Sandbox__](https://www.sandbox.game/en/) is a community-driven platform where creators can monetize gaming experiences in a metaverse built on the Ethereum blockchain. 
- [__Spruce Systems__](https://www.spruceid.com/) is a decentralized identity tool that allows users to control their data across the web. 

![Blog inline Defi](//images.ctfassets.net/jg6lo9a2ukvr/27dTJVijfRjIsyIZwLbriu/e22ac7cba9170fa7e1ec53dbe60d3136/Blog_inline_Defi.jpg)

- [__1inch__](https://app.1inch.io/) is a leading decentralized exchange aggregator. 
- [__Flexa__](https://flexa.network/) is the global leader in pure-digital payments, allowing users to spend crypto at thousands of retailers worldwide.
- [__Zebec__](https://zebec.io/) is a platform built on Solana that empowers real-time, frictionless, and continuous payments, streamlining the settlement of financial transactions. 

![Blog inline institutional tools](//images.ctfassets.net/jg6lo9a2ukvr/3BDp63WLDtqW3SHAWbnPnP/1fe089d35d5b67500fa96f3bb9343dd6/Blog_inline_institutional_tools.jpg)

- [__Elementus__](https://elementus.io/) is the first universal blockchain search engine and institutional-grade crypto forensic solution, with a focus on building the search and analytics capabilities for blockchain and crypto companies. 
- [__Meow__](https://meow.co/) provides corporate treasuries with a regulated way to source yields from new asset classes, serving as a conduit to the expansive world of crypto for legacy financial services.
- [__Messari__](https://messari.io/) has built a suite of data tools to demystify the crypto-economy, including watchlists, charts, research, and more. 
- [__Notabene__](https://notabene.id/) is a compliance platform that helps companies manage regulatory and counterparty risk in crypto transactions. 
- [__Onramp Invest__](https://onrampinvest.com/) is a crypto integration platform for financial advisors, helping managers seamlessly invest in crypto. 
- [__X-Margin__](https://xmargin.io/) is a data-driven lending platform that provides tools to manage the lending and borrowing lifecycle. 

We’ve invested in these companies because, like us, they recognize the profound ways that crypto and blockchain networks will revolutionize society. We believe they will transform the way we interact with, share, and exchange *value* and *ownership*, in the same way that the internet changed the way we interact with, share, and exchange information.

The Gemini Frontier Fund will continue to support entrepreneurs who share our mission to unlock the next era of financial, creative, and personal freedom. Here’s to the brave ones on the cutting edge of crypto and blockchain innovation.

Onward and Upward!

Team Gemini

Gemini Frontier Fund: Investing in the Future of Financial, Creative, and Personal Freedom 

Today, we are delighted to announce support for Gala and Spell Token, along with a new set of DeFi, NFT/Metaverse, and Infrastructure tokens!

[Spell Token __(SPELL)__](https://www.gemini.com/prices/spell-token), [Magic Internet Money __(MIM)__](https://www.gemini.com/prices/magic-internet-money), [Render Token __(RNDR)__](http://www.gemini.com/prices/render-token), [Gala __(GALA)__](http://www.gemini.com/prices/gala), [Merit Circle __(MC)__](https://www.gemini.com/prices/merit-circle), [Ethereum Name Service __(ENS)__](https://www.gemini.com/prices/ethereum-name-service), [Keep3rV1 __(KP3R)__](https://www.gemini.com/prices/keep3rv1), [Civic __(CVC)__](https://www.gemini.com/prices/civic), and [Dogelon Mars __(ELON)__](https://www.gemini.com/prices/dogelon-mars) are now available for custody and trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our mobile application and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. 

With the addition of these new tokens, we now offer trading and custody for __more than 70 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices). If you don’t yet have a Gemini account, [you can create one here](https://exchange.gemini.com/register).

We are proud to be the __first regulated U.S. exchange to offer trading for MIM__.

We believe these tokens will provide value to our users and we will continue to support DeFi, the budding metaverse, and decentralized infrastructure environments.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom. 

Onward and Upward!

Team Gemini

*Updated: January 10, 2022*

### DeFi Tokens
![Blog inline SPELL](//images.ctfassets.net/jg6lo9a2ukvr/5ixaGH8gMNrQxNN1c7YvUo/5d17d06a641082c36471f43f0f41696e/Blog_inline_SPELL.png)
__Spell Token (SPELL)__

SPELL is an ERC-20 token, and serves as a governance and incentive token within the Abracadabra ecosystem. The SPELL token’s primary use cases are (1) governance in the Abracadabra protocol and (2) fees earned from the protocol. SPELL is used as the governance token for the Abracadabra.money decentralized platform. Abracadabra employs interest-bearing tokens as collateral in the minting Magic Internet Money (MIM), a USD-pegged stablecoin. Interest-bearing tokens able to be used as of February 2022 as collateral include liquidity provider (LP) tokens from Convex, Curve, Yearn, among others. The loan liquidation process on Abracadabra differs from other stablecoin/lending protocols like [MakerDAO](https://www.gemini.com/cryptopedia/makerdao-dai-decentralized-autonomous-organization), in that each collateralized debt position (CDP) and its liquidation price is unique. Should the liquidation price for any specific CDP be crossed, a liquidator can purhcase the position by paying off the outstanding MIM. [You can see the SPELL price and get more information by following the link.](https://www.gemini.com/prices/spell-token)
![Blog inline MIM](//images.ctfassets.net/jg6lo9a2ukvr/5C3QdaA0KSqeb7goECC8ak/129fa312c089ab89a9c9ffd04f2261d7/Blog_inline_MIM.png)
__Magic Internet Money (MIM)__

MIM is an ERC-20 token, and is soft-pegged to USD. MIM keeps its peg via arbitrage incentives within the Abracadabra ecosystem. When MIM trades under USD1.00, arbitrageurs are incentivized to purhcase MIM at a discounted price, and potentially pay off some of their debt at a cheaper price than if MIM were USD1.00. If MIM trades above USD1.00, arbitrageurs are incentivized to borrow MIM and sell it at a premium. MIM is a USD soft-pegged stablecoin minted by the Abracadabra.money decentralized platform. Abracadabra uses interest-bearing tokens as collateral to mint MIM. Interest-bearing tokens able to be used as of February 2022 as collateral include liquidity provider (LP) tokens from Convex, Curve, Yearn, among others. The loan liquidation process on Abracadabra differs from other stablecoin/lending protocols like [MakerDAO](https://www.gemini.com/cryptopedia/makerdao-dai-decentralized-autonomous-organization), in that each collateralized debt position (CDP) and its liquidation price is unique. Should the liquidation price for any specific CDP be crossed, a liquidator can purhcase the position by paying off the outstanding MIM. [You can see the MIM price and get more information by following the link.](https://www.gemini.com/prices/magic-internet-money)

### NFT/Metaverse Tokens
![Blog inline GALA](//images.ctfassets.net/jg6lo9a2ukvr/1LEYwvglMYA10a5Gejt38R/6b8f8fe4cb671c1bd0d9ad42c6072c51/Blog_inline_GALA.png)
__Gala (GALA)__

GALA is an ERC-20 utility token compliant with the Ethereum network. Founder’s Nodes earn GALA by supporting the Gala Games Ecosystem on which games can run. Town Star, the first game built for the Gala Games Ecosystem, employs a reward structure whereby the top 100 players receive rewards in GALA. GALA is also serves as a non-refundable utility token which can be used as the medium of exchange between participants within the Gala Games Ecosystem. GALA can be used to purchase assets and NFTs. The Gala Gaming Ecosystem is built on the Ethereum blockchain. The project aims to create an environment where gamers retain full ownership of their in-game items, in contrast to the current centralized system (World of Warcraft, Minecraft, etc.) where players lose their in-game items when banned or when platforms shut down. For example, in Gala Games’ Town Star, players can own in-game items such as a CraneBot. The CraneBot in Town Star is an NFT and, more specifically, an ERC (Ethereum Request for Comment) token on the Ethereum blockchain. It exists on Ethereum’s network and is entirely separate from Gala Games. Furthermore, Gala Games cannot take away any NFT from a player. [You can see the GALA price and get more information by following the link.](http://www.gemini.com/prices/gala)
![Blog inline MC](//images.ctfassets.net/jg6lo9a2ukvr/4F6ricCXeCnIgFegb9CAFA/0ac02b944f3b53f634f6a3d0344084a2/Blog_inline_MC.png)
__Merit Circle (MC)__

MC is an ERC-20 utility token compliant with the Ethereum network. It is the governance token for Merit Circle, and its public offering was held as an auction on the Balancer liquidity bootstrapping pool at an initial price of $1 USD. Decision-making is undertaken through voting by MC token holders. Merit Circle is a decentralized autonomous organization (DAO) focused on maximizing yield across play-to-earn (p2e) games and the metaverse. The DAO manages capital allocated among managers and players to earn crypto assets by playing games. The project aims to develop opportunities to earn MC through play-and-earn platforms for people who want to help build the metaverse. Its platform hosts scholarship opportunities and educational opportunities to assist gamers on their journey towards earning crypto in the metaverse. The ecosystem is made up of gamers, community managers, and DAO contributors. Merit Circle was initially known as Axie 420, a scholarship program for the blockchain-based Axie Infinity game. With the rebrand, the DAO is focused on expanding beyond Axie Infinity into other crypto games. Collaboration efforts that Merit Circle has announced include Yield Guild Games, Sipher, UFO, Vulcan Forged, Nyan Heroes, and more. [You can see the MC price and get more information by following the link.](https://www.gemini.com/prices/merit-circle)

### Infrastructure Tokens
![Blog inline RNDR](//images.ctfassets.net/jg6lo9a2ukvr/7hmesjLzSNi8Lv5KRCEJXo/2dbb0a6d11b1d517a2c843c9a064d358/Blog_inline_RNDR.png)
__Render Token (RNDR)__

RNDR is an ERC-20 utility token compliant with the Ethereum network, and is used to pay for motion graphics, animation, and VFX rendering on the Render Network. The Render Network provides decentralized GPU-based rendering technology solutions. RNDR is its native utility token designed as the payment token for services offered by Render Network. The project consists of three major components working in conjunction: (a) creators, (b) node operators, and (c) OctaneRender. Using the Render Network, creators can tap into GPU power to render final images at higher speeds and lower costs than previously available. Node operators rent out their spare GPU to creators and receive RNDR tokens for time spent rendering. OctaneRender is the GPU rendering software used in the Render Network. [You can see the RNDR price and get more information by following the link.](http://www.gemini.com/prices/render-token)
![Blog inline ENS](//images.ctfassets.net/jg6lo9a2ukvr/4wXd3H6adXahrOvjfc39s9/03a0296aca4b365b2214fab1b5e12f78/Blog_inline_ENS.png)
__Ethereum Name Service__

ENS is an ERC-20 utility token compliant with the Ethereum network. The ENS token was issued via an airdrop to all ENS domain holders, ENS contributors, and the ENS DAO community treasury. The airdrop could be claimed starting November 8th, 2021 and is open for claiming until May 4th, 2022. The ENS token will only be used for governance of the ENS protocol and community treasury at launch. Ethereum Name Service is a decentralized naming system built on the Ethereum network. ENS domains are issued as NFTs in the form of “Gemini.eth”, for example. The NFTs are meant to be human-readable addresses that map to public keys on networks like Ethereum, Bitcoin, and others. Other metadata can be stored within an ENS domain such as a traditional DNS domain like “gemini.com”, Twitter profile, IPFS hashes, and more. There are currently over 550,000 ENS domains owned by over 225,000 ethereum addresses, as of December 17, 2021. [You can see the ENS price and get more information by following the link.](https://www.gemini.com/prices/ethereum-name-service)
![Blog inline KP3R](//images.ctfassets.net/jg6lo9a2ukvr/2x2b78ZAbF4iYbHfniAdo4/6d9f5ef6422f0ed2e36b23a525d84565/Blog_inline_KP3R.png)
__Keep3rV1 (KP3R)__

KP3R is an ERC-20 utility token compliant with the Ethereum network with payment and governance use cases. Keep3rV1 or Keep3r Network is a registry designed to match organizations and other entities with technical professionals, known as Keepers, who can perform routine tasks such as collecting yield farming harvests. More specifically, a Keeper refers to an external person, bot, and/or team that executes an usually autonomous task, which is also known as a “job” in this context. A job can be as simplistic as calling a transaction or as complex as requiring extensive off-chain logic. The scope of the Keep3r Network is not to manage these jobs itself but to provide a matchmaking service. Each individual Keeper sets up their devops and infrastructure and creates their own rules based on what they want to accomplish. To become a Keeper and receive KP3R rewards from completing jobs, a Keeper needs to "bond" with a job. If a bonded Keeper is selected for a job, they will receive a reward once the job has been successfully completed. [You can see the KP3R price and get more information by following the link.](https://www.gemini.com/prices/keep3rv1)
![Blog inline CVC](//images.ctfassets.net/jg6lo9a2ukvr/3kNUt9bpRFxkOACtZwhuA9/84a8704422384bdf9735469e59d25e7f/Blog_inline_CVC.png)
__Civic (CVC)__

CVC is an ERC-20 utility token compliant with the Ethereum network and an SPL-20 token on Solana. The primary use case for CVC is for payment verification between Identity Verifiers and Identity Requesters within the Civic ecosystem. Civic is a decentralized digital identity provider that formed in June 2017. Civic provides a link between “Identity Verifiers” and “Identity Requesters,” where Requesters can be the Civic team themselves, or anyone who wants to link KYC/KYB (know your customer and know your business) data to crypto wallets. Identity Verifiers are paid in CVC by Identity Requesters and the Civic team takes fees for connecting the parties. Civic technology is also leveraged by its sister non-profit organization, Identity.com. Identity.com uses Civic to issue non-transferrable, non-fungible decentralized identity tokens to wallets called Civic Passes. Identity verification tokens can be used to gate specific dApps to create a KYC/KYB only decentralized exchange (DEX) or lending protocol. Personal Identifiable Information (PII) is made available only to dApps once the wallet owner gives permission. The requester (a DEX for example) will ask a Civic Pass wallet owner to permit the sharing of any relevant PII prior to providing access. Once the wallet owner accepts the request, the DEX will go to the Civic network and ask for PII validation of the wallet. A validator will attest the request and relay the results back to the DEX. Validators are then paid in CVC tokens by the DEX. [You can see the CVC price and get more information by following the link.](https://www.gemini.com/prices/civic)

### Other Tokens
![Blog inline ELON](//images.ctfassets.net/jg6lo9a2ukvr/6V7WiZEna2rYa8h983tTjZ/22bc373423d91c1315d850a874f77f41/Blog_inline_ELON.png)
__Dogelon Mars (ELON)__

ELON is an ERC-20 utility token compliant with the Ethereum network. Dogelon Mars is a doge-themed token project that aims to replicate the success of Dogecoin (DOGE) while piggybacking on Elon Musk's plans to colonize Mars. The founders of Dogelon Mars locked 50% of all the ELON liquidity in a Uniswap liquidity pool. The other half was donated to a [wallet](https://etherscan.io/token/0x761d38e5ddf6ccf6cf7c55759d5210750b5d60f3?a=0xab5801a7d398351b8be11c439e05c5b3259aec9b) owned by Vitalik Buterin, the founder of Ethereum. Vitalik then sent the donated ELON to various DAOs and foundations, including the Methuselah Foundation, a non-profit medical charity focused on extending the healthy human lifespan. Since the founding team did not allocate any ELON to themselves, every token holder today either purchased the asset on a decentralized exchange (DEX) or received them as a donation from Vitalik Buterin. [You can see the ELON price and get more information by following the link.](https://www.gemini.com/prices/dogelon-mars)

Spell (SPELL), Magic Internet Money (MIM), Render (RNDR), Gala (GALA), Merit Circle (MC), Ethereum Name Service (ENS), Keep3rV1 (KP3R), Dogelon Mars (ELON), and Civic (CVC).

Gemini Supports Gala, Spell, and New DeFi, Metaverse, and Infrastructure Tokens

Gemini Now Supports Gala and Spell Token in Addition to New DeFi, Metaverse, and Infrastructure Tokens

If you’re a U.S. user, and logged on to your Gemini account in the past few days, our app and web interfaces may have looked slightly different than usual. What you’ve stumbled upon is our new Homepage!

At Gemini, __we are constantly looking for ways to improve your crypto experience, and our updated Homepage is a big step in that direction__. The Gemini account Homepage provides you with a snapshot of your account and includes watchlists, a new top movers section, and educational content. *Note: if you’re not seeing the new Homepage, you’ll have to update your Gemini App to the latest version*. 

Here’s a brief overview:

- __Portfolio__ — At the top of your Homepage, you’ll see a breakdown of your portfolio. Here we display the total value of your funds held at Gemini and how much you have in your trading account or in Gemini Earn. Tap to view your portfolio, and we’ll take you to a full overview of your positions. 
- __Watchlist__ — As you scroll, the next section you’ll come across is the Watchlist. To add a token to your Watchlist, simply star any token from the Market page on which you want to keep tabs. When you click into your Watchlist, you’ll also be able to view a number of curated lists, including Top Movers, Recently Launched, and Metaverse tokens!
- __Top Movers__ — Next, you’ll come across our Top Movers list. Reflecting the prices found on our Market page, we’ve added a Top Movers list allowing you to seamlessly follow tokens with the highest price fluctuations. You can also find this list when you click into your Watchlist. 
- __Resources__  — We believe deeply in the importance of education, and we want to make sure we provide tools to help you understand crypto and your investments. Featuring content from our extensive Cryptopedia platform, the resources will contain in-depth educational content to support you on your crypto journey!

We are pleased to display more information directly from your Gemini Homepage, and we will continue to iterate on how to best support you on your crypto journey through the Homepage. We look forward to further developing new and innovative ways to create an engaging Gemini experience as we advance our mission to build the future of finance. 

Onward and Upward!

Team Gemini

The Gemini Account Homepage Provides U.S. Users With a Portfolio Snapshot and Includes Watchlists, a New Top Movers Section, and Education Content.

Welcome to the New Gemini Account Homepage for U.S. Users

Exploring Your New Gemini Account Homepage

On Friday, December 10, we experienced a service disruption that resulted in an exchange outage for ten hours. During that downtime, all our customers' funds remained secure. In addition to maintaining our trading and custody platform, we have been working in parallel to upgrade our backend exchange platform to improve system capacity and scalability. This involved migrating 79 trading pairs on a coordinated schedule to a new platform while continuing to operate our exchange 24 hours a day, seven days a week. 

This post provides additional information about the recent service disruption and how we are improving the reliability and performance of our exchange through a series of upgrades. 

__Incident Summary__

Prior to the planned final migration of BTC/USD and ETH/USD to the new platform on Friday, we experienced a failure of the messaging infrastructure that this system depends on.

This messaging system is responsible for fast, high-capacity, reliable delivery of messages within our distributed exchange platform. It is multi-node and generally fault tolerant. Normally, this messaging infrastructure allows for strong reliability guarantees for applications that depend on it. All three nodes that make up this messaging platform failed at the same time with the same exception. The messaging system automatically restarted, but many internal message consumers and producers required manual intervention. After we restarted the impacted systems, it was determined that the messaging system errors led to state divergence of some downstream systems due to how our systems interacted with it.

Since this incident occurred at a time when Gemini was transitioning order flow to an upgraded version of the exchange matching engine, the process of state reconciliation prior to restarting production services required reconciling state across two trading systems. Once state reconciliation was completed and all services were stable, markets were restored by first enabling ActiveTrader and API connectivity in limit-only mode, then re-enabling Mobile and Retail Web.

__Incident Follow-Up__

Moving forward and in support of our [chaos engineering approach](https://principlesofchaos.org/), we will ensure reproducibility of this failure mode in our test environments and improve our trading platform to gracefully degrade and recover from this kind of subsystem interruption. By ensuring we test this failure mode more frequently, we will be confident our systems can handle this and similar challenges well.

__Improvements to Performance and Scalability__

We are very excited about the additional planned upgrades to our core exchange trading platform which we preview below and will detail more in a future post. The new system introduces multiple architectural improvements, including messaging improvements such as isolating the exchange’s high throughput, low latency messaging domain from the general purpose store/forward domain.

![incident blog post image](//images.ctfassets.net/jg6lo9a2ukvr/79yrhbFTN05kPs065iRTyb/9653070ae5694549d8b88398e3be8dfb/incident_blog_post_image.png)

*Scalable Exchange Architecture*

By isolating message traffic related to latency-sensitive trading operations such as order placement and order cancellation in this part of the system, we are able to observe improvements to the exchange’s performance that we’ll detail below.

In the process of developing the upgraded exchange system, we have developed tooling to measure multiple performance characteristics of the exchange. This includes an application that can measure round-trip time as observed by an internal order gateway, to give a general sense of latency distributions of a single order pipeline.

Below, we show the latency profiles for order placement in the new backend exchange platform. This represents simple order placement and fill flow. We plan to share more in-depth latency analysis in the future. The observed results represent an order of magnitude improvement to latency and throughput, in addition to the added capability to horizontally scale the exchange platform.

![Chart](//images.ctfassets.net/jg6lo9a2ukvr/5aCCagI9tTFHpwmVxmAKxy/12726f951ced1013e7836b35098cbecc/download__1_.png)

Building and maintaining a crypto platform in a market that never closes is not without its challenges, but we are confident that our new platform will mitigate against future disruptions and provide our customers the best exchange performance on the market. 

Gemini is always recruiting engineers that want to help solve these challenges, operating a low latency architecture that builds the financial systems of the future. If you are interested in joining us visit our open engineering roles on [Careers page](https://www.gemini.com/careers). 

Onward and Upward,

Team Gemini

Service Outage Update and Planned Upgrades 

At Gemini, we build products that empower our users to take control of their financial lives. __[Gemini Earn](https://www.gemini.com/earn)__ is one of those products, allowing users in the U.S. (including New York), Singapore, and Hong Kong to earn up to 8.05% APY on more than 40 of the cryptos supported on Gemini. 

Whether you’re a seasoned crypto investor or brand new to the space, Earn provides you with an opportunity to __let your crypto work for you__. We enable you to earn interest by lending crypto to institutional borrowers vetted by Gemini. Unlike other interest-bearing options, you can redeem your cryptocurrency from Earn, keep any interest earned, and transfer your crypto back to your trading account at any time. 

We want to make earning interest on your crypto as seamless as possible. To that end, we’ve created a step-by-step guide you can follow to start earning interest with Gemini Earn in just a few steps.

You can [download a PDF of these steps here with visuals included here](https://assets.ctfassets.net/jg6lo9a2ukvr/1ONX85HACj0vZm7yXO8CQF/02212066f5f3fd5078e2ee5ae6ff213a/Earn_Product_Walk-through.pdf).
![Blog Inline 03](//images.ctfassets.net/jg6lo9a2ukvr/6NjikZ3DzdLHZdqBx8G1oG/87208c48dc03f7b455a92a1085b1de34/Blog_Inline_03.png)

### Gemini Earn on Mobile

The Gemini Mobile App is the easiest way to trade crypto on the go, and you can easily buy crypto and move it directly to Earn in just a few steps. 

Step 1 - __Navigate to the Earn tab__. Once you’ve logged in to the Gemini Mobile App, tap the “Earn” icon at the bottom of your screen. On the next page you’ll see all the cryptos available in Earn and the APY percentage for each. 

Step 2 - __Choose your crypto__. Simply tap the crypto you want to purchase and transfer to Earn. You can also transfer crypto you already hold to Earn by following the steps below. 

Step 3 - __Place your order__. In this step, you’ll have the option to either transfer an existing trading balance (if you already own the crypto) or buy new crypto, which will then be transferred to Earn. Select your preferred option and follow the prompts to create your order.

- If you’re __buying new crypto__, you’ll be able to create a one-time or recurring order. If you’ve selected a recurring order, you can then enter a purchase frequency and a USD amount. The total projected interest that your purchase(s) will accumulate over a one-year period will be displayed on your screen. Tap Continue.
- If you’re __transferring an existing balance to Earn__, enter how much you’d like to transfer and tap Continue.

Note: If you are a first-time Earn user, you’ll be prompted to accept our Terms and Authorization Agreement as well as the Master Loan Agreement. Read more about these legal agreements [here](https://www.gemini.com/legal/gemini-earn-program-terms-and-authorization-agreement#section-1-program-risks). 

Step 4 - __Select funding source and confirm__! Once you’ve reached this step, you’re seconds away from seamlessly earning interest on your crypto. 

- If __buying new crypto__, you’ll be prompted to select a funding source. Tap the funding source of your choice, then swipe to confirm and finalize your order!
If __transferring an existing balance__, you’ll already be on the Earn confirmation page. Simply swipe to confirm your transfer!
![Blog Inline 03](//images.ctfassets.net/jg6lo9a2ukvr/6NjikZ3DzdLHZdqBx8G1oG/87208c48dc03f7b455a92a1085b1de34/Blog_Inline_03.png)

### Gemini Earn on Web

You can also access your Gemini account through our Website and explore all the products we offer, including Gemini Earn. Follow the steps below to start using Gemini Earn through our Website. 

Step 1 - __Navigate to the Earn tab__. When you log in to your Gemini account on the Web you’ll land on the Homepage. Click the “Earn” tab, which will appear at the top left of your window. On the Earn page you’ll see all the cryptos available in Earn and their corresponding APYs. 

Step 2 - __Choose your crypto__. Any of the cryptos visible on the Earn tab are available to earn interest. Simply click the “Earn” button next to  the crypto you want to purchase or transfer to Earn. 

Step 3 - __Place your order__. Once you’ve selected a crypto, a smaller window will pop up on your screen, and under “source” you’ll have the option to either transfer an existing trading balance (if you already own the crypto) or buy new crypto, which will then be transferred to Earn. 

- If you’re __buying new crypto__, you’ll be able to create a one-time or recurring order. If you’ve selected a recurring order, you can then enter a purchase frequency and a USD amount. The total projected interest that your purchase(s) will accumulate over a one-year period will be displayed on your screen. Click Continue.
- If you’re __transferring a trading balance__ to Earn, enter how much you’d like to transfer and click Continue.

Note: If you are a first-time Earn user, you’ll be prompted to accept our Terms and Authorization Agreement as well as the Master Loan Agreement. Read more about these legal agreements [here](https://www.gemini.com/legal/gemini-earn-program-terms-and-authorization-agreement#section-1-program-risks). 

Step 4 - __Select funding source and confirm__! Once you’ve reached this step, you’re seconds away from seamlessly earning interest on your crypto. 

- If __buying new crypto__, you’ll be prompted to select a funding source. Select the funding source of your choice, then click Confirm to finalize your order!
- If __transferring an existing balance__, simply click Confirm to finalize your transfer!

We are dedicated to building products that give our users greater personal and financial freedom. Gemini Earn provides you with the opportunity to earn crypto interest as you go about your daily life. We are thrilled to be on this journey with you as we build the future of finance. 

Onward and Upward!

Team Gemini

Unlike other interest-bearing options, you can redeem your cryptocurrency from Earn, keep any interest earned, and transfer your crypto back to your trading account at any time.

Gemini Earn puts your Portfolio to work, Earn Up to 8.05% APY on your Crypto

Deep Dive: Earning Interest on Your Crypto With Gemini Earn

We are delighted to announce __support for Shiba Inu (SHIB)__, as well as a range of new DeFi, metaverse, infrastructure, and data management tokens.

[Shiba Inu __(SHIB)__](https://www.gemini.com/prices/shiba-inu), [Audius __(AUDIO)__](https://www.gemini.com/prices/audius), [Mask Network __(MASK)__](https://www.gemini.com/prices/mask), [Wrapped Centrifuge __(wCFG)__](https://www.gemini.com/prices/wrapped-centrifuge), [Quant __(QNT)__](https://www.gemini.com/prices/quant), [Radicle __(RAD)__](https://www.gemini.com/prices/Radicle), [Fetch AI __(FET)__](https://www.gemini.com/prices/fetch-ai)*, [Numeraire __(NMR)__](https://www.gemini.com/prices/numeraire), and [API3 __(API3)__](https://www.gemini.com/prices/api3) are now available for custody and trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our mobile application and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs. [__USD Coin (USDC)__](https://www.gemini.com/prices/usd-coin) is also available for custody and trading for the pairs above, except SGD.

Trading for [Burn __(ASH)__](https://www.gemini.com/prices/burn) and [SuperRare __(RARE)__](https://www.gemini.com/prices/superrare) will remain exclusively limit-only on our API/FIX and ActiveTrader applications for USD trading pairs.

With the addition of these new tokens, we now offer trading and custody for __more than 60 tokens__, with an additional __15 tokens__ available for custody. Learn more about all the tokens we support, and more, [here](https://www.gemini.com/prices).

We are proud to be the __first regulated U.S. exchange to offer trading for API3, ASH, and RARE__.

We believe these tokens will provide value to our users and will continue to support DeFi, the budding metaverse, decentralized infrastructure, and data management environments.

We look forward to supporting new crypto projects on our mission to empower you, the individual, through crypto. 

Onward and Upward!

Team Gemini

*We support the Ethereum (ERC-20) version of FET, which is a multi-chain asset. FET purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of FET using a [bridge](https://www.gemini.com/cryptopedia/search?query=Bridge).

*Updated: November 15, 2021*

![Blog Inline SHIB](//images.ctfassets.net/jg6lo9a2ukvr/5iu5plOqp1BjzgtC1ofaQK/c2e31105810ab50265d11d19c74161dc/Blog_Inline_SHIB.png)
__Shiba Inu (SHIB)__

SHIB is an ERC-20 utility token compliant with the Ethereum network. The token can be used for staking and liquidity mining. Shiba Inu (SHIB) began as an Ethereum-based alternative to Dogecoin (DOGE). According to the project whitepaper, the Shiba Inu coin was launched in August 2020 by a pseudo-anonymous team with the vision of creating a decentralized ecosystem. The Shiba Inu project team also launched a decentralized exchange called Shibaswap with two additional tokens, LEASH and BONE. You can see the [SHIB price](https://www.gemini.com/prices/shiba-inu) and more information by following the link.

### NFT/Metaverse Tokens

![Blog Inline ASH](//images.ctfassets.net/jg6lo9a2ukvr/4NbMXQ30GD7DDGzv0YQSz5/adb80bf6c6943c04cd9dd91731af147d/Blog_Inline_ASH.png)
__Burn (ASH)__

ASH is an ERC-20 token created by Pak. ASH can be mined by burning NFTs, bringing a dynamic balance to scarcity. For every NFT that is burned the rest become rarer, favoring their collectors. ASH currently has 2 burn tiers where Pak NFTs yield more ASH than others. Both tiers follow the same bonding curve mechanism with different multipliers. Halving happens at 5M token supply impacting all burn tiers. ASH is a fair launch token that started with 0 supply. "The Fungible" collection was Pak's first NFT collection to accept burning NFTs. LostPoets, another recent collection from Pak will allow burning of NFTs soon. Most Pak collections can be burned for ASH today. You can see the [ASH price](https://www.gemini.com/prices/burn) and more information by following the link.

![Blog Inline RARE](//images.ctfassets.net/jg6lo9a2ukvr/DMHrChItwAHvCnhFOEr4y/d696f977cd33cd7dcd844d70bce11609/Blog_Inline_RARE.png)
__SuperRare (RARE)__

The RARE token is a curation and governance token for the SuperRare DAO. It is an ERC-20-compliant token. SuperRare governance is held on-chain. Governance of the SuperRare DAO currently has three main use cases: SuperRare Spaces, artist onboarding, and treasury operations and management. SuperRare is a curated NFT marketplace meant for curating one-of-one pieces. Revenues are predominantly driven from primary sales with some revenue coming from SuperRare’s secondary marketplace. In August 2021, SuperRare announced the $RARE token and the beginning of the SuperRare DAO, as well as the introduction of Spaces, community-curated storefronts for NFT artists. Each Space will have its own elected operators that onboard artists who fit criteria for that particular Space. You can see the [RARE price](https://www.gemini.com/prices/superrare) and more information by following the link.

### DeFi Tokens

![Blog Inline NMR](//images.ctfassets.net/jg6lo9a2ukvr/302WRMjS0acC92BsOOHup8/be313e3ed74d7b0bd5bb8cd45dc65c58/Blog_Inline_NMR.png)
__Numeraire (NMR)__

NMR is an ERC-20 utility token compliant with the Ethereum network. It is used for staking in Numerai’s prediction tournaments. NMR is the token of the Erasure protocol, in which apps such as Numerai’s classic tournament and Numerai Signals are built. Numerai runs a hedge fund that utilizes artificial intelligence and crowdsourced stock market predictions. The platform relies on weekly machine learning and data science tournaments where users, primarily data scientists, can submit trading algorithms about the stock market. Numerai then employs artificial intelligence algorithms to analyze the predictions. The best are included in Numerai’s “meta-model” to trade in the stock market. You can see the [NMR price](https://www.gemini.com/prices/numeraire) and more information by following the link.

### Infrastructure Tokens

![Blog Inline wCFG](//images.ctfassets.net/jg6lo9a2ukvr/6l9dpURsxgzCpRxH28yHgP/2d3d0c2c52406fcfd80ce4dc82ec302c/Blog_Inline_wCFG.png)
__Wrapped Centrifuge (wCFG)__

wCFG is an ERC-20 wrapped token compliant with the Ethereum network. It is essential to note that wCFG token holders need to unwrap their tokens 1:1 through the [bridge](https://www.gemini.com/cryptopedia/search?query=Bridge) to participate in CFG use-cases. Centrifuge (CFG) is the native token of the Centrifuge network. It is used for staking, paying for transaction fees (gas), and participating in governance. The token also provides chain security and rewards liquidity providers in the Tinlake dapp.Wrapped Centrifuge (wCFG) is the ERC-20 representation of the Centrifuge token (CFG) on the Ethereum network. Centrifuge (CFG) is a native token developed in Substrate similar to Polkadot (DOT). You can see the [wCFG price](https://www.gemini.com/prices/wrapped-centrifuge) and more information by following the link.

![Blog Inline QNT](//images.ctfassets.net/jg6lo9a2ukvr/3dkKw2PsWm9dmxSQ4RYhZ5/1f4352d63b76c6221baa6cc6db9f8e91/Blog_Inline_QNT.png)
__Quant (QNT)__

QNT is an ERC-20-compliant token compatible with the Ethereum network. It is the utility token for the Quant Network Protocol and can be used as a payment method for network resources as well as for staking/locking and licensing fees. QNT is used to sign and verify transactions across chains through the Overledger API. Every client, developer and application validates each transaction using their QNT tokens and no transaction can flow through Overledger without being validated with QNT tokens. QNT is the native token of Quant Network. The Quant Network’s flagship product is the Overledger API, which allows for a single interface to interact with multiple blockchains. Overledger is meant to simplify the complexity of blockchains through a single gateway. It currently supports public blockchains like Bitcoin, Ethereum and Ripple as well as several permissioned chains. You can see the [QNT price](https://www.gemini.com/prices/quant) and more information by following the link.

![Blog Inline AUDIO](//images.ctfassets.net/jg6lo9a2ukvr/1FaREGlHpRD3nN8GKYFn73/6fc60040cd46e4632aff96c465cfab24/Blog_Inline_AUDIO.png)
__Audius (AUDIO)__

AUDIO is an ERC-20 utility token compliant with the Ethereum network. The token has three main utilities: staking for content providers, platform governance, and staking for extra features. AUDIO is a governance and staking token that powers the Audius decentralized music streaming platform. Artists can upload their music directly to the Audius platform for listeners to access for free. Network providers then host the content and provide the backend infrastructure for content serving. You can see the [AUDIO price](https://www.gemini.com/prices/audius) and more information by following the link.

### Data Management Tokens

![Blog Inline MASK](//images.ctfassets.net/jg6lo9a2ukvr/7tcmuDyQFP9UfdjJV8ASDu/4b3c709f3e6aff3a6684b4d9810f97f4/Blog_Inline_MASK.png)
__Mask Network (MASK)__

MASK is an ERC-20 token that runs on top of Ethereum and Polygon, as well as a BEP-20 token on Binance Smart Chain (BSC). The primary use of MASK is for MASK Ecosystem governance via the MASKDAO. MASK Network develops decentralized middleware infrastructure to bridge Web2 social media platforms with the Web3 ecosystem. With support for Twitter and Facebook, the network features several decentralized applets (DApplets) that offer encrypted messaging, decentralized file storage, and crypto (fungible and non-fungible) purchases and transactions. You can see the [MASK price](https://www.gemini.com/prices/mask) and more information by following the link.

![Blog Inline RAD](//images.ctfassets.net/jg6lo9a2ukvr/2Wbc2yom5GFzO2HUTR0gWI/dee6dcccf846f0fac1e07242891b8b40/Blog_Inline_RAD.png)
__Radicle (RAD)__

RAD is an ERC-20 utility token compliant with the Ethereum network. It is primarily a governance token for the Radicle DAO, which governs the network's (optional) Ethereum integration smart contract and DAO Treasury. Radicle users have the ability to opt-in to the network's Ethereum integration, being subject to some fees when using specific smart contracts. Holders of RAD can receive discounted or waived fees when holding the token. Users can also pay developers and teams using RAD tokens (and other ERC-20 tokens). Radicle is a peer-to-peer, open-source network for software collaboration. Based on Radicle Link, the network is a gossip replication protocol built on Git. There is also an opt-in integration with Ethereum to further ensure the security of project data. It also provides users with the ability to manage and fund decentralized software projects. You can see the [RAD price](https://www.gemini.com/prices/Radicle) and more information by following the link.

![Blog Inline FET](//images.ctfassets.net/jg6lo9a2ukvr/540uKNbMVMI1GbVuFTbBkB/6ad8226207f4a78fc0f2381de3473486/Blog_Inline_FET.png)
__Fetch.AI (FET)__

FET is a utility token built on the Cosmos-SDK. The native FET token can be used for staking, payment, and gas fees. Fetch.AI is a decentralized digital representation of the real world in which autonomous software agents perform practical economic work. We support the Ethereum (ERC-20) version of FET, which is a multi-chain asset. FET purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of FET using a bridge. FET allows agents like IoT devices and computers to perform tasks, such as delivering data or services, and in exchange, they are rewarded with FET tokens. The Fetch.AI protocol and network can be considered a method of connecting agents with value to those who need that value. It is delivering machine learning (ML) and artificial intelligence (AI) capabilities to the crypto economy. You can see the [FET price](https://www.gemini.com/prices/fetch-ai) and more information by following the link.

Shiba Inu (SHIB), and New DeFi, Metaverse, and Data Management Tokens Supported by Gemini

Gemini Now Supports Shiba Inu, in Addition to New DeFi, Metaverse, Infrastructure, and Data Management Tokens

The excitement around blockchain technology has driven an explosion of new tokens and projects, and we are constantly considering new blockchains to integrate with our systems. 

Some blockchains, however, are not yet supported by Gemini, and when depositing or withdrawing your crypto, it is paramount that the blockchain you’re interacting with is compatible with our systems. At Gemini, __our top priority is the security of your assets__, and depositing crypto from, or sending crypto to, unsupported blockchains can result in lost funds that are unrecoverable. 

Gemini is currently compatible with a number of networks beyond [Bitcoin](https://www.gemini.com/prices/bitcoin), including [Ethereum](https://www.gemini.com/prices/ether), [Dogecoin](https://www.gemini.com/prices/dogecoin), [Zcash](https://www.gemini.com/prices/zcash), and [Filecoin](https://www.gemini.com/prices/filecoin). We do not, however, currently support depositing tokens from or sending tokens to chains like Polygon or Binance Smart Chain.

Below is a list of [supported and unsupported blockchain networks](https://support.gemini.com/hc/en-us/articles/4408420583835-What-networks-are-supported-for-Crypto-Deposits-and-Withdrawals-on-Gemini-):

__Supported Networks__

- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Zcash (ZEC)
- Filecoin (FIL)
- Dogecoin (DOGE)
- Tezos (XTZ)

__Unsupported Networks__

- Binance smart chain (BSC)
- Fantom (FTM)
- Theta (THETA)
- Polygon (MATIC)
- HecoInfo (HT)
- Palm NFT
- KCC
- Mirror (MIR)
- Terra (LUNA)
- TerraUSD (UST)

While we support the ERC-20 versions of [Polygon (MATIC)](https://www.gemini.com/prices/polygon), [Fantom (FTM)](https://www.gemini.com/prices/fantom-ethereum), [Mirror (MIR)](https://www.gemini.com/prices/mirror-ethereum), [Terra (LUNA)](https://www.gemini.com/prices/terra-ethereum), and [TerraUSD (UST)](https://www.gemini.com/prices/terrausd-ethereum), we do not yet support the native versions of these tokens. When purchased on Gemini, ERC-20 tokens can be withdrawn to an Ethereum-compatible wallet for use across the DeFi ecosystem, but you’ll need to use a [bridge](https://www.gemini.com/cryptopedia/search?query=Bridge) if you want to withdraw these tokens to, or deposit them from, their native chains.

Keep in mind that if you accidentally deposit tokens into your account that are not listed for trading or custody on Gemini, we most likely will not be able to recover them. We are only able to recover tokens if they are ERC-20 tokens compatible with the Ethereum Network. 

If you have more questions about depositing and withdrawing crypto, we invite you to visit our [Help Center](https://support.gemini.com/hc), or [reach out to us here](https://support.gemini.com/hc/requests/new). 

We will add compatibility for more blockchains as we launch more tokens for trading on Gemini and continue on our mission to empower the individual through crypto. 

Onward and Upward!

Team Gemini

When depositing or withdrawing crypto on Gemini it is paramount that the blockchain you’re interacting with is compatible with our systems.

Safely Deposit Crypto Into Your Gemini Account - Supported Blockchain Networks

How To Safely Deposit Crypto Into Your Gemini Account

On October 31, 2008, an [obscure whitepaper](https://gemini.com/bitcoin.pdf) was published outlining a digital currency that would operate in a fully decentralized, trustless manner allowing users to send and receive monetary value. The pseudonymous author (or authors) of the whitepaper, Satoshi Nakamoto, called the __revolutionary digital currency Bitcoin__. 

Over the past 13 years, Bitcoin has [grown into a global phenomenon](https://www.gemini.com/cryptopedia/bitcoin-satoshi-nakamoto-genesis) ushering in a new wave of innovation across industries. It has inspired thousands of projects founded on blockchain technology, creating a dynamic community of developers, founders, investors, and users.

At Gemini, in addition to providing a secure and [reliable onramp to trade bitcoin](https://exchange.gemini.com/register) through our exchange, we support the Bitcoin ecosystem through grants, fellowships, sponsorships and donations made through the [Gemini Opportunity Fund](https://www.gemini.com/opportunity-fund). Earlier this year, we announced __the sponsorship of three Bitcoin Core Developers__: [__Amiti Uttarwar__](https://www.gemini.com/blog/gemini-to-sponsor-bitcoin-core-developer-amiti-uttarwar), [__Dhruv Mehta__](https://www.gemini.com/blog/gemini-to-sponsor-bitcoin-core-developers-dhruv-mehta-and-jarol-rodriguez), and [__Jarol Rodriguez__](https://www.gemini.com/blog/gemini-to-sponsor-bitcoin-core-developers-dhruv-mehta-and-jarol-rodriguez).

Today, in honor of the Bitcoin whitepaper's 13th anniversary, we want to highlight some of the work Amiti, Dhruv, and Jarol have been doing to support the usability, security, and resilience of the Bitcoin Network.

- __Amiti's__ main area of work is centered on the security of the Bitcoin Network, and the ways in which nodes connect and communicate with each other. Alongside other Bitcoin Core Developers, Amiti is building a secure, private, and non-influenceable way to store node addresses, enhancing the reliability of the Bitcoin Network. Check out [Amiti’s GitHub](https://github.com/amitiuttarwar?tab=repositories) and this piece about her [Bitcoin Core journey](https://medium.com/@amitiu/onboarding-to-bitcoin-core-7c1a83b20365). 

- __Dhruv__ is passionate about the censorship resistance of the Bitcoin Network and has been working on BIP324, which introduces end-to-end encryption for Bitcoin peer-to-peer traffic. BIP324 adds encryption without overhead or risk of network partition, and provides the ability to observe man-in-the-middle attacks directly. Check out [Dhruv's work on GitHub](https://gist.github.com/dhruv/5b1275751bc98f3b64bcafce7876b489) and some [posts about Bitcoin](https://voluntarymind.com/bitcoin/).

- __Jarol__ is focused on the Bitcoin Network’s graphical user interface (GUI), and is involved in revamping the GUI to enhance user flow and streamline multi-wallet support. Working with fellow Bitcoin Core Developers, as well as the vibrant Bitcoin design community, Jarol is building a functional, appealing, and intuitive user interface for the Bitcoin Network. Check out [Jarol’s work on GitHub](https://github.com/bitcoin-core/gui-qml). 

Bitcoin has proven itself deeply resilient, remaining the world’s most popular cryptocurrency and reaching a market cap of over $1 trillion. The strength of the Bitcoin Network is backed by a vibrant community of developers who are helping to maintain and enhance the network by working on the open-source Bitcoin Core. We are thrilled to support Amiti, Dhruv, and Jarol’s important work.

Our industry is poised to continue scaling as more individuals and institutions make the leap into crypto. At Gemini, our mission is to empower the individual through crypto, and supporting the foundations of our industry is central to that goal.  

If you think you’re a great candidate for the Gemini Opportunity Fund or know someone who is, please reach out to us at [opportunityfund@gemini.com](mailto:opportunityfund@gemini.com).

Onward and Upward!

Team Gemini

13th Anniversary of the Bitcoin Whitepaper and the Emergence of a Global Movement. Highlighting the work of Bitcoin Core Devs we sponsor.

13th Anniversary of the Bitcoin Whitepaper and the Emergence of a Global Movement

13th Anniversary of the Bitcoin Whitepaper — the Emergence of a Global Movement

At Gemini, we are constantly tuned in to the global crypto ecosystem in search of promising new tokens to add to our platform. 

To that end, we’re exploring the following tokens for trading and custody support: Audius __(AUDIO)__, Quant __(QNT)__, Mask Network __(MASK)__, Radicle __(RAD)__, API3 __(API3)__, Burn __(ASH)__, SuperRare __(RARE)__, Wrapped Centrifuge __(wCFG)__, XYO Network __(XYO)__, Fetch AI __(FET)__, and Numeraire __(NMR)__. 

We believe that the tokens we are exploring have the potential to provide value to our users and will continue to support decentralized finance (DeFi), the budding metaverse, decentralized infrastructure, and data management environments. 

As part of our listing framework, we conduct a thorough assessment of each asset before we decide to support it on Gemini. This includes a robust risk and legal review as required under Gemini’s compliance and regulatory obligations. While we will assess the assets noted above, there is no guarantee that any token will be supported on Gemini. 

Currently, we offer trading and custody for more than 50 tokens, with an additional 18 tokens available for custody. You can learn more about all the tokens we support [here](https://www.gemini.com/prices). __If you don’t yet have a Gemini account__, [__you can create one here__](https://exchange.gemini.com/register).

As we continue on our mission to build the future of finance, we look forward to supporting new projects that empower you, the individual, through crypto.

Onward and Upward!

Team Gemini

*Disclaimer: Should any of these tokens be listed on Gemini, we will announce publicly once deposits and custody are available, as we have done in the past.*

We’re exploring trading and custody support: Audius, Quant, Mask Network, Radicle, API3, ASH, SuperRare, Wrapped Centrifuge, XYO Network, Fetch AI, and Numeraire.

Gemini Exploring Support for DeFi, Metaverse, Infrastructure, and Data Management Tokens

Gemini Exploring Support for More Than 10 New DeFi, Metaverse, Infrastructure, and Data Management Tokens

October is Cybersecurity Awareness Month, and we’re excited to continue outlining various security features and tips that can protect your account and funds at Gemini. Over the past weeks, we’ve discussed best practices for [securely logging on to your account](https://www.gemini.com/blog/logging-on-to-gemini-safely-two-factor-authentication) as well as [security features that help keep you safe while you trade](https://www.gemini.com/blog/trading-crypto-securely-on-gemini). 

Today, we’re breaking down best practices for withdrawing your crypto from Gemini. Whether you want to send crypto to a family member or use your crypto across the decentralized finance (DeFi) ecosystem, there are security features on Gemini and general tips to keep in mind when moving your crypto off our platform. To start, you need to know __your recipient’s exact wallet address__ and you must be sure that __the target wallet address is compatible with the cryptocurrency that you’re sending__. 

__Build Your List of Approved Wallet Addresses__

To securely send your crypto from Gemini to another wallet, we recommend you start by building a list of approved wallet addresses. While this security feature is optional, building a list of approved wallet addresses can provide additional confidence that your crypto is being sent to your intended recipient and additional protection in the event your account is compromised.

Once you enable approved addresses, you’ll only be able to send funds to addresses on your approved address list. Keep in mind that any time you add a new wallet address to your approved address list, __a 7-day approval period delay__ will be triggered. This gives you time to double (or triple) check that you’ve entered the correct address and delete any erroneous addresses. If you enable approved addresses and leave the list empty, you effectively block all crypto withdrawals from your account, which can provide extra peace of mind if your strategy is to “[HODL](https://www.gemini.com/cryptopedia/search?query=HODL).”

You can [learn more about approved addresses](https://support.gemini.com/hc/articles/360001411543-What-is-an-Approved-Address-) and how to [add one here](https://support.gemini.com/hc/articles/360027564891-How-do-I-add-an-approved-address-). Visit the following link to find and [configure approved addresses](https://exchange.gemini.com/signin?redirect=9b85d3883b18d26b2c652157af48c90852fd6d09-1634658166096-%2Fsettings%2FapprovedAddresses) in your account settings. 

__Blockchain Networks Supported by Gemini__

At Gemini, as we’ve continued to support more tokens for trading, we’ve expanded our blockchain compatibility to a number of networks beyond [Bitcoin](https://www.gemini.com/prices/bitcoin), including [Ethereum](https://www.gemini.com/prices/ether), [Dogecoin](https://www.gemini.com/prices/dogecoin), [Zcash](https://www.gemini.com/prices/zcash), and [Filecoin](https://www.gemini.com/prices/filecoin). However, we currently do not support sending tokens to chains like Polygon or Binance Chain. If you send tokens to unsupported networks, they will be unrecoverable, so please be extra careful that your target wallet is compatible with the token you’re sending as well as the network you’re sending it on. 

Here’s a list of [blockchain networks compatible with Gemini](https://support.gemini.com/hc/en-us/articles/4408420583835-What-networks-are-supported-for-Crypto-Deposits-and-Withdrawals-on-Gemini-):

- [Bitcoin (BTC)](https://www.gemini.com/prices/bitcoin)
- [Ethereum (ETH)](https://www.gemini.com/prices/ether)
- [Litecoin (LTC)](https://www.gemini.com/prices/litecoin)
- [Bitcoin Cash (BCH)](https://www.gemini.com/prices/bitcoin-cash)
- [Zcash (ZEC)](https://www.gemini.com/prices/zcash)
- [Filecoin (FIL)](https://www.gemini.com/prices/filecoin)
- [Dogecoin (DOGE)](https://www.gemini.com/prices/dogecoin)
- [Tezos (XTZ)](https://www.gemini.com/prices/tezos)
- [Solana (SOL)](https://www.gemini.com/prices/solana)

Keep in mind that while we support the ERC-20 versions of [Polygon](https://www.gemini.com/prices/polygon) (MATIC), [Fantom](https://www.gemini.com/prices/fantom-ethereum) (FTM), [Mirror](https://www.gemini.com/prices/mirror-ethereum) (MIR), [Terra](https://www.gemini.com/prices/terra-ethereum) (LUNA), and [TerraUSD](https://www.gemini.com/prices/terrausd-ethereum) (UST), we do not support the native versions of these tokens yet. When purchased on Gemini, ERC-20 tokens can be withdrawn to an Ethereum-compatible wallet for use across the DeFi ecosystem, but you’ll need to use a [bridge](https://www.gemini.com/cryptopedia/search?query=Bridge) if you want to withdraw these tokens to their native chains. If you withdraw the ERC-20 version of these tokens to a wallet associated with their native chains, without first bridging them from the Ethereum network, they may be unrecoverable. 

We are thrilled to provide you with these cybersecurity tips and tools, and throughout the rest of October, we’ll continue to highlight important features and tips that can help you stay safe online. This Cybersecurity Awareness Month, “Do Your Part. #BeCyberSmart!”

Onward and Upward!

Team Gemini

*Updated: May 16, 2022*

Gemini uses state of the art security to store your crypto and allow you to withdraw crypto seamlessly and securely.

Store and withdraw your Crypto safely with Gemini

Securely Withdrawing Your Crypto From Gemini

Today, __we are thrilled to announce the launch of Gemini Earn in Hong Kong__, allowing users to earn up to 8.05% APY on their crypto.

With [Gemini Earn](https://www.gemini.com/earn), interest is earned and compounded daily, and you can redeem your crypto at any time. Plus, there are no minimum balances and no fees to transfer or redeem your crypto. If you want to use Gemini Earn and don’t yet have a Gemini account, you can [sign up here](https://exchange.gemini.com/register). Please note that interest rates will vary by cryptocurrency.

We’ve made it easier than ever for Gemini users to earn interest using Gemini Earn. You can seamlessly buy crypto and immediately transfer it to Earn to start earning interest on your balance. [On the mobile app](https://www.gemini.com/blog/earn-interest-on-your-crypto-with-gemini-earn), tap the *Earn* icon in the bottom menu to explore the available interest rates and select your crypto. Then, tap “Buy new crypto” to use your linked bank account, debit card, or [Apple Pay and Google Pay](https://www.gemini.com/blog/gemini-now-supports-apple-pay-and-google-pay). Once you opt in, the crypto you purchase will go directly to Gemini Earn.

Hong Kong users can also move stablecoins like the [Gemini dollar (GUSD) to Gemini Earn](https://www.gemini.com/blog/earn-7-4-interest-on-your-gemini-dollars), providing a seamless way to earn interest while minimizing the price volatility of your assets. Gemini Earn is __available to all Gemini customers in the United States__, __Singapore__, and __Hong Kong__, and is available for 42 of the cryptos we support. We plan to add new cryptos to Gemini Earn as we list new tokens.

The Asia Pacific region has proven to be one of the most exciting markets for crypto and financial innovation. In June, we celebrated the first anniversary of our presence in the region and our Singapore-based operations have [shown tremendous growth and potential](https://www.gemini.com/blog/geminis-apac-expansion-builds-global-momentum). The vibrant team in Singapore is paving the way for satellite offices throughout APAC, including Hong Kong.

At Gemini, we are committed to offering new and exciting products to empower you on your journey through the limitless world of crypto. Happy earning!

Onward and Upward!

Team Gemini

Gemini Earn Is Now Available in Hong Kong

At Gemini, __the security of your account and funds is central to our mission__. In honor of Cybersecurity Awareness Month, we have outlined some steps you can take, and measures we have in place, to help keep your crypto secure throughout your Gemini journey. 

[As we outlined earlier this month](https://www.gemini.com/blog/logging-on-to-gemini-safely-two-factor-authentication), there are a number of actions you can take to protect your Gemini account — most notably, employing additional authentication methods like [two-factor authentication (2FA)](https://www.gemini.com/blog/keep-yourself-and-your-cryptos-secure-with-one-simple-step). Behind the scenes, however, there are __further security measures we have in place to help keep your account and funds safe__.

__Using Verified Devices to Access Your Gemini Account__

Whenever you sign on from a new device, we’ll prompt you to verify your device. Device verification allows us to match your account to the devices you use most often, providing an extra level of confidence that you are the individual accessing your account. Keep in mind that this verification feature may also be triggered when you sign on to Gemini from a new or updated browser. 

When this occurs, you’ll receive an email from us asking if you just signed on from a new device. If you did not just attempt to sign on from a new device, a timely click of a link within the email will immediately place a hold on your account, keeping that malicious actor locked out and prevented from trading or withdrawing funds.

__Password and Email Changes Trigger an Account Pause__

Another security feature we’ve integrated into our systems is a withdrawal hold on your account for at least 24 hours when you change an email address or password. Visit our Cryptopedia platform to learn more about [password best practices](https://www.gemini.com/cryptopedia/how-secure-is-your-password-protection). 

A commonly used tactic by [attackers who compromise accounts](https://www.gemini.com/cryptopedia/account-takeover-attack-meaning-and-protection) on web applications is to change the account information to lock the user out of their account. At Gemini, should your password or email address change, we’ll automatically block withdrawals on your account for at least 24 hours. In the event your account is compromised, this feature protects your funds by giving you a reasonable opportunity to take action and freeze your account.

Together with preventative measures like the use of two-factor authentication methods, including hardware security keys, these safeguards provide extra protection for your Gemini account. This is just a glimpse of the [security features](https://www.gemini.com/security) we have in place, and our security teams are committed to remaining ahead of the curve when assessing potential threats across our systems. 

Over the next couple weeks we’ll continue to provide you with information on the robust security measures we have in place to protect your crypto. This Cybersecurity Awareness Month, “Do Your Part. #BeCyberSmart!”

Onward and Upward!

Team Gemini

Trading Crypto Securely on Gemini

October is [Cybersecurity Awareness Month](https://www.cisa.gov/cybersecurity-awareness-month), which is an opportunity to share best practices for staying safe online. Over the next four weeks we’ll walk you through some steps you can take, as well as the safeguards we have in place, to secure your crypto from the time you log on to Gemini until you sign off. 

Our primary focus at Gemini is ensuring your crypto remains secure, and the most impactful step you can take is to __protect your login credentials__. Keeping your Gemini credentials safe and private is the first line of defense against being a victim of [an account takeover](https://www.gemini.com/cryptopedia/account-takeover-attack-meaning-and-protection#section-how-to-prevent-account-takeover-fraud).

__Use Two-Factor Authentication to Protect Your Account__

As a Gemini user you’ll be required to set up __two-factor authentication (2FA)__ on your account, providing you with an extra layer of security should your username and password be compromised. With 2FA set up on your account, you’ll be prompted to take an additional action alongside entering your password when you log in. This additional action can be 1) a one-time passcode that is generated by an authenticator app, 2) a one-time passcode delivered via an SMS message, or 3) a simple tap of a hardware security key like a [YubiKey](https://www.yubico.com/products/).

2FA has become a widespread security best practice in the cryptocurrency industry providing an important second layer of protection beyond your password. [Set up your 2FA](https://support.gemini.com/hc/articles/360038849612-Authy-Overview-and-Setup) by connecting your phone number or downloading an authenticator app, such as __Authy__, __Duo__, or __Google Authenticator__, which you then connect to your account via a QR code. __We recommend you use an authenticator app__, which secures your account against SIM swaps and is more secure than receiving a 2FA code via phone message. [Learn more about 2FA on Cryptopedia](https://www.gemini.com/cryptopedia/how-secure-is-your-password-protection#section-medium-level-password-security). 

__Strengthen Your Account Security With Hardware Security Keys__

To really boost your online security, you can use a hardware security key, such as [YubiKey](https://www.yubico.com/products/?utm_source=Gemini-blog-oct15) or [Google’s Titan Key](https://cloud.google.com/titan-security-key), for all your important online accounts, including Gemini.

A hardware security key not only protects you in the event of your password being compromised but also uses some clever design and mathematics to ensure that __your security key second factor is__ “[__unphishable__](https://www.gemini.com/cryptopedia/phishing-attacks-explanation-safety-guide).” It provides the strongest level of protection by delivering hardware-backed, cryptographic proof of your identity, ensuring that only you, the holder of the physical hardware key, can gain access to your account — even if an attacker has compromised your password or successfully executed a [SIM swap](https://www.gemini.com/cryptopedia/sim-swap-attack-preventing-crypto-fraud) on your mobile device.

To keep user accounts secure we use [The Web Authentication standard](https://webauthn.guide/), a top standard of hardware security key authentication for web applications. For more information, __check out this step-by-step process for__ [__setting up and using a hardware security key__](https://www.gemini.com/blog/keep-yourself-and-your-cryptos-secure-with-one-simple-step) to secure your Gemini account. 

In the weeks to come, we will provide you with a number of other security measures to help you stay safe online. This Cybersecurity Awareness Month, “Do Your Part. #BeCyberSmart!”

Onward and Upward!

Team Gemini

Logging On to Gemini Safely: Two-Factor Authentication

We [launched Wrapped Filecoin (EFIL)](https://www.gemini.com/blog/gemini-launches-wrapped-filecoin-efil-building-a-bridge-to-defi) to provide Gemini users with a bridge to use Filecoin (FIL) across the ever-expanding DeFi ecosystem. Gemini users who hold FIL can convert their assets 1:1 into EFIL through the Gemini mobile app and website and seamlessly withdraw it to any Ethereum wallet.

At Gemini, we are dedicated to keeping your assets secure, and __we’ve implemented on-chain assurances throughout our EFIL minting process to establish confidence in the system__. The wrapping system we built employs an open-source smart contract to convert FIL into an ERC-20 token — EFIL. The smart contract mints and burns EFIL, and we transparently and trustlessly confirm the amount of available EFIL is equal to the amount of FIL held in Gemini Custody, our institutional-grade storage system.

To drive trust in our EFIL wrapping system, we provide on-chain proof of what the EFIL smart contract receives and generates. There are two main prongs to our approach: 

1. Integrating Chainlink’s well-established Proof of Reserve data feed, and 
2. using the hashing function SHA256, allowing anyone to track what happens in the EFIL smart contract. 

__Chainlink Proof of Reserve: Working With Trusted Oracle Infrastructure__

We are thrilled to collaborate with Chainlink to ensure the transparency of our EFIL wrapping system. By using the Chainlink Proof of Reserve (PoR) data feed, which is powered by a [Chainlink decentralized oracle network](https://www.gemini.com/cryptopedia/chainlink-oracle-what-is-chainlink-crypto), anyone can consistently check the balances of our FIL custody wallet. Should a deviation be spotted beyond a predefined threshold (e.g. 1%), Chainlink oracles will push an on-chain update to a specific reference contract that stores the EFIL reserve balance.

DeFi platforms can also call the Chainlink PoR reference contract for current EFIL reserves and compare it to the circulating supply of EFIL on Ethereum to immediately verify the collateralization of EFIL. If EFIL is found to be under-collateralized, DeFi platforms can incorporate customized logic for handling such situations. 

Our collaboration with Chainlink brings additional protection to DeFi users of EFIL, preventing situations like black swan events and fractional reserve practices.

__Ensuring Trust and Transparency__

By using Chainlink’s decentralized infrastructure, users interacting with EFIL can have confidence in __an accurate, highly available, tamper-resistant, and transparent source of information__ regarding current EFIL reserves. The result is a reliable form of collateral and payment throughout DeFi and other smart contract verticals on Ethereum. 

Beyond our collaboration with Chainlink, our engineers have built another level of transparency into the EFIL system by encoding on-chain the Filecoin content identifiers (CID) that correspond to each transaction using the SHA256 hashing function.
![Blog Inline - #EFIL 01](//images.ctfassets.net/jg6lo9a2ukvr/5zydPGX1xipRBrff7d4kyu/0390f214fd56c86b3028ef51f9a9d2db/Blog_Inline_-_-EFIL_01.jpg)
![Blog Inline - #EFIL 02](//images.ctfassets.net/jg6lo9a2ukvr/5lQMj3QtziNJFoP8iqbUcc/8b5e627f166d9c08bafa4094fde55811/Blog_Inline_-_-EFIL_02.jpg)

The above process shows that every transaction that increases or decreases the supply of EFIL on the Ethereum network can be tied to a corresponding transaction on the [Filecoin network](https://www.gemini.com/cryptopedia/filecoin-fil-democratizing-cloud-storage). We believe that for observers of both chains this approach provides further proof that EFIL always wraps and unwraps on both chains and no excess EFIL is minted or burned.

We are excited to provide FIL holders with a transparent pathway onto the Ethereum network as we continue to empower the individual through crypto.

Onward and Upward!

Team Gemini

Exploring Wrapped Filecoin (EFIL) and Chainlink Proof of Reserve

We are delighted to announce support for a new set of green, NFT/metaverse, infrastructure, stablecoin, and payments tokens.

Axie Infinity __(AXS)__, Smooth Love Potion __(SLP)__, Terra __(LUNA)__, Moss Carbon Credit __(MCO2)__, and TerraUSD __(UST)__* are now available for custody and trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our mobile application and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.

Wrapped TON Crystal __(WTON)__, Alchemy Pay __(ACH)__, Illuvium __(ILV)__, and USD Coin __(USDC)__ remain available for custody.

With the addition of these new tokens, we now offer trading and custody for more than __50 cryptos__, with an additional __18 cryptos__ available for custody. Learn more about all the cryptos we support, and more, [here](https://www.gemini.com/prices).

We are proud to be the __first regulated exchange to support MCO2 and SLP for trading in the U.S.__ and the __first to support AXS, SLP, LUNA, MCO2, and UST for trading in the UK__! 

The crypto industry continues to grow dynamically and our listing of MCO2 reinforces Gemini’s commitment, jump-started by our [Gemini Green initiative](https://www.gemini.com/blog/introducing-gemini-green-offsetting-bitcoin-carbon-emissions), to raise the bar for environmental stewardship across the entire crypto industry. We are also excited to add new NFT/metaverse, infrastructure, stablecoin, and payments tokens as blockchain and crypto continue to expand on a global scale.

We look forward to supporting new crypto projects on our mission to empower you, the individual, through crypto. 

Onward and Upward!

Team Gemini

*Note: DeFi presents unique risks. The listing of a DeFi token on Gemini does not indicate that Gemini or any regulatory authority has endorsed the underlying project or protocol. While some of our customers may choose to participate in the DeFi ecosystem, Gemini makes no recommendation that they do so.*

*We support the Ethereum (ERC-20) version of LUNA and UST. LUNA and UST purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of LUNA and UST using a bridge.

*Updated: September 16, 2021*

Learn more about these new tokens below:

### Green Tokens

![Blog Inline MCO2](//images.ctfassets.net/jg6lo9a2ukvr/2YDNf9alKy79yLcEsaS0aj/d3b8cfe1331936abae09069c9b3ef73a/Blog_Inline_MCO2.png)
__MOSS Carbon Credit (MCO2)__

MCO2 is an ERC-20 utility token compliant with the Ethereum network. MCO2 holders can burn (or retire) their tokens on the moss.earth platform and receive a certificate that proves they have offset one tonne of carbon emissions. One MCO2 token is equal to one carbon credit (one metric tonne of carbon not released into the atmosphere) from a Verified Carbon Standard (VCS)-certified environmental project. VCS is the world’s most widely used carbon offset program, which uses a rigorous certification framework to verify carbon offsets. The proceeds from MCO2 tokenization have helped protect over 17 million hectares of the Amazon rainforest from deforestation, as of mid-2021. MOSS has directly contributed to avoiding 2 million tons of greenhouse gases from entering the atmosphere, as of mid-2021. You can see the [MCO2 price](http://www.gemini.com/prices/moss-carbon-credit) and more information by following the link.

### Metaverse Tokens

![Blog Inline AXS](//images.ctfassets.net/jg6lo9a2ukvr/3T26zPPUvkRNc345H3law2/eacc184f285cc827618f56780909a779/Blog_Inline_AXS.png)
__Axie Infinity (AXS)__

AXS is an ERC-20 utility token compliant with the Ethereum network. Players can earn AXS when they play various games within the Axie Infinity Universe and rank high on leadership boards. Axie Infinity is a Pokémon-inspired universe built on Ethereum where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players build a land-based kingdom for their pets, or Axies, and can enter the game by purchasing Axies from other players on the Axie Infinity Marketplace. All in-game assets and Axie-related data can be accessed by 3rd parties, allowing community developers to build their tools and experiences in the Axie Infinity universe. You can see the [AXS price](http://www.gemini.com/prices/axie-infinity) and more information by following the link.

![Blog Inline SLP](//images.ctfassets.net/jg6lo9a2ukvr/BUuKCi31Q6l8eeJy4yLRC/ccb1ee61099b282a9f3d4b068eadfdaa/Blog_Inline_SLP.png)
__Smooth Love Potion (SLP)__

SLP is an ERC-20 utility token compliant with the Ethereum network and used on the Axie Infinity ecosystem. SLP can be earned as rewards by Axie Infinity players through battle or adventure mode. SLP can be used to breed new digital pets, known as Axies. Axie Infinity is a Pokémon-inspired universe built on Ethereum where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. On Axie Infinity, players build a land-based kingdom for their pets, or Axies, and can enter the game by purchasing Axies from other players on the Axie Infinity Marketplace. All in-game assets and Axie-related data can be accessed by 3rd parties, allowing community developers to build their tools and experiences in the Axie Infinity universe. You can see the [SLP price](http://www.gemini.com/prices/smooth-love-potion) and more information by following the link.

![Blog Inline ILV](//images.ctfassets.net/jg6lo9a2ukvr/6rqhVC4t74MGLIzkZiN9RV/81df2aa8e5e694cd731dd941ffdcf32c/Blog_Inline_ILV.png)
__Illuvium (ILV)__

ILV is an ERC-20 governance token compliant with the Ethereum network that is used to govern the Illuvium DAO. The token also sees revenue streams from in-game purchases on IlluviDEX, Illuvium’s decentralized marketplace. ILV is further used as a reward token for locking liquidity within partnering DeFi platforms to incentivize token liquidity. Illuvium is a decentralized Role Playing Game (“RPG”) powered by blockchain technology and non-fungible tokens (NFTs). Its open world allows for users to search for in-game items and creatures (Illuvials) in the form of NFTs that can be used for in-game activities like battling, collecting, and trading. You can see the [ILV price](http://www.gemini.com/prices/illuvium) and more information by following the link.

### Infrastructure Tokens

![Blog Inline LUNA](//images.ctfassets.net/jg6lo9a2ukvr/7uuMSlApEyXGg0UGaLx3kL/3425b49fc906d94fdaad5a504eaa68c3/Blog_Inline_LUNA.png)
__Terra (LUNA)__

LUNA is the native staking token of the Terra protocol. We support the Ethereum (ERC-20) version of LUNA, which is a multi-chain asset. LUNA purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of LUNA using a bridge. Terra is a blockchain protocol built on the Tendermint — Cosmos SDK that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged coins that are stabilized by LUNA. The Terra network aims to create a suite of stablecoins for decentralized finance (DeFi) and traditional finance (TraFi) platforms. Terra achieves price stability by algorithmically adjusting its supply according to fluctuations in demand for LUNA and its stablecoins (TerraUSD, TerraSDR, etc.). In Terra's consensus model, LUNA holders do not need to stake their tokens directly but can delegate them to a validator. This allows most LUNA holders who don't want to set up a validator node to participate in staking rewards. You can see the [LUNA price](http://www.gemini.com/prices/terra-ethereum) and more information by following the link.

![Blog Inline WTON](//images.ctfassets.net/jg6lo9a2ukvr/5UUDCj9ViCYAfEPAXAngMc/b1deed0923ff35c9f072072d1b2e7ea5/Blog_Inline_WTON.png)
__Wrapped TON Crystal (WTON)__

The TON Crystal (TON) token is the native asset for the Free TON blockchain, and WTON is the Ethereum-wrapped (ERC-20) version of TON. WTON holders can exchange their assets 1:1 with the native TON token via the ton bridge. TON can be used to pay fees to TON validators and by validators to stake and become eligible to generate blocks on the Free TON blockchain. TON also serves as a governance token to vote on proposals for the Free TON blockchain. Free TON is a smart-contract platform based on Telegram's now-defunct TON blockchain project. The network employs a scaling technique called sharding that partitions storage and processing activities between smaller groups of validators. This process results in higher throughput and lower transaction latency when compared to other blockchains. You can see the [WTON price](http://www.gemini.com/prices/wrapped-ton-crystal) and more information by following the link. 

### Stablecoins

![Blog Inline UST](//images.ctfassets.net/jg6lo9a2ukvr/3xjn9ZP2KcUv5l1oJ6wKTv/b88b6bc075e2a9165ff045ee944ccc4e/Blog_Inline_UST.png)
__TerraUSD (UST)__

TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. Its value is pegged 1:1 to the US dollar, making it an ideal medium of exchange on DeFi and TraFi platforms. We support the Ethereum (ERC-20) version of UST, which is a multi-chain asset. UST purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of UST using a bridge. Terra is a blockchain protocol built on the Tendermint — Cosmos SDK that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged coins that are stabilized by its native crypto-asset, LUNA. Gemini does not support or guarantee UST’s 1:1 peg to the US dollar. You can see the [UST price](http://www.gemini.com/prices/terrausd-ethereum) and more information by following the link. 

![Blog Inline USDC](//images.ctfassets.net/jg6lo9a2ukvr/60GhsTH5iZxa7VnUlDL5Za/f18db652ab0b42e98fe5122e28fd4039/Blog_Inline_USDC.png)
__USD Coin (USDC)__

Launched in October 2018, USD Coin (USDC) is a fiat-collateralized stablecoin built by the Centre consortium, a partnership between Circle and Coinbase created to develop price-stable crypto assets and network protocols. It offers the advantages of transacting with blockchain-based assets while mitigating price risk. USDC is an ERC-20 utility token compliant with the Ethereum network that is pegged 1:1 to the US dollar. It serves as an onramp to DeFi and as a means of digital payment. USDC can be transacted over the Ethereum blockchain in the same manner as Ether or any other ERC-20 asset. If a user wishes to redeem USDC they can send tokens to an address controlled by Centre members who will destroy the tokens and transfer fiat currency to the user's bank account. USDC’s existence on public blockchains allows traders and exchanges to use USDC as an alternative to fiat currencies. Gemini does not support or guarantee USDC’s 1:1 peg to the US dollar. You can see the [USDC price](http://www.gemini.com/prices/usd-coin) and more information by following the link. 

### Payments Tokens

![Blog Inline ACH](//images.ctfassets.net/jg6lo9a2ukvr/5Xyguj9A7vhsudoxvXFUTI/e8b3799da09f8a5c1f9600207b357de6/Blog_Inline_ACH.png)
__Alchemy Pay (ACH)__

ACH is an ERC-20 utility token compliant with the Ethereum network and powers the Alchemy Pay platform. ACH is used to incentivize and reward network participants, and uses of the ACH token include pledging, staking, and fee discounts. Alchemy Pay is a hybrid crypto-fiat payment infrastructure powered by the ACH token. Alchemy provides merchants and customers with multiple options for settlement of both fiat and crypto. Alchemy Pay is building products to help reduce the friction of the legacy financial system through its hybrid crypto-fiat model. Primary product features include Smart POS for crypto, a Crypto Payment Gateway and an in-app Payment SDK (for merchants). You can see the [ACH price](http://www.gemini.com/prices/alchemy-pay) and more information by following the link.

Gemini Now Supports Moss Carbon and Terra, in Addition to New Metaverse, Infrastructure, and Stablecoin Tokens

Today, we are delighted to announce the launch of Wrapped Filecoin __(EFIL)__. You can now easily convert [Filecoin (FIL)](https://www.gemini.com/prices/filecoin) into EFIL and move it seamlessly onto the Ethereum network, providing more opportunities to create value across the burgeoning DeFi ecosystem. 

All Gemini users who hold FIL can __convert their assets 1:1 into EFIL__ through the Gemini Mobile App and Website using the __wrap__ button on the FIL price page. You can also purchase FIL and immediately wrap it by toggling “Wrap Your Filecoin Purchase” before completing your order. You can unwrap your EFIL to receive FIL by visiting the [EFIL price page](https://exchange.gemini.com/buy/EFIL).*

Once you hold EFIL in your Gemini wallet, you can withdraw it to any Ethereum address you specify. You’ll be able to use EFIL across various Ethereum-based protocols, including DeFi platforms.

All minted __EFIL will be backed 1:1 by FIL held in Gemini Custody__, our institutional-grade storage system. As a qualified custodian regulated in New York, the safety of our clients’ assets is our top priority, and we employ top-of-the-line security, compliance, and operational protocols across our custody product — ensuring your assets remain secure.

We are also __excited to extend our collaboration with CoinList__, which will also offer EFIL wrapping for their customers, providing another avenue to interact with the EFIL smart contract while creating more opportunities for users across the Filecoin and Ethereum ecosystems. CoinList already supports [wBTC and tBTC](https://www.gemini.com/cryptopedia/wtbtc-vs-tbtc) minting on its platform, and will now allow users to instantly convert FIL for EFIL, and vice versa, via the CoinList Wallet.

To develop this wrapping functionality, we built our own open-source Ethereum smart contract that wraps FIL and converts it into an ERC-20 token — EFIL. The EFIL smart contract mints and burns EFIL, and ensures that the amount of available EFIL is equal to the amount of FIL held in Gemini Custody.

[Filecoin](https://gemini.com/blog/upcoming-support-for-filecoin) is the native token of the Filecoin Network, a decentralized data-sharing platform. FIL is used to purchase storage space on, and retrieve files (i.e., data) from, the [Filecoin Network](https://www.gemini.com/cryptopedia/filecoin-fil-democratizing-cloud-storage). Miners receive FIL for storing your files and verify their services via cryptographic proofs. This decentralized model offers a compelling alternative to existing centralized cloud storage offerings.

At Gemini, we offer trading for more than __45 cryptos__, with a further __14 cryptos__ available for custody. Learn about all the cryptos we support, and more, [here](https://www.gemini.com/prices).

As DeFi continues to show its far-reaching potential to redefine financial services, we are dedicated to empowering you, the individual, with more opportunities to engage across Ethereum’s DeFi ecosystem. __EFIL is just our first act__.

Onward and Upward!

Team Gemini

**[Fees apply](https://www.gemini.com/fees/mobile-fee-schedule)*

Gemini Launches Wrapped Filecoin (EFIL), Building a Bridge to DeFi

Today, we are thrilled to announce that [Brave Rewards users](http://www.gemini.com/brave) can __have their Basic Attention Tokens (BAT) seamlessly deposited into a Gemini account through the new Gemini User Wallet.__

One year ago we launched our [partnership with Brave](https://www.gemini.com/blog/gemini-integrates-with-brave-for-trading-and-wallet-support), providing crypto wallets for Brave Creators and adding the Gemini Trading Widget to the Brave browser. Brave is an internet browser with over 34 million monthly users, and compensates users with BAT if they opt in to view privacy-preserving Brave Ads. Our expanded integration now __allows Brave users to do much more with the BAT they’ve earned__ with just a few clicks. 

Once you connect your Brave Rewards wallet to Gemini, __you can spend your BAT with__ [__Gemini Pay__](https://www.gemini.com/pay) at participating retailers. Customers in the U.S. and Singapore can also __move BAT into__ [__Gemini Earn__](https://www.gemini.com/earn) __and earn up to 3.49% APY* on their holdings__. You’ll also benefit from our industry-leading security and compliance protocols, ensuring your crypto remains secure. 

From the Brave Rewards page, users can link their Brave Rewards wallet to an existing Gemini account, or easily create one, and up to four Brave Rewards wallets (in different user profiles, or on different devices) can be connected to a Gemini account. BAT payouts are sent as direct deposits to your Gemini account, simplifying the BAT earnings and redemption process.

Your Brave Rewards account balance will reflect the BAT balance in your Gemini account, including BAT purchased via the Gemini exchange, and all your BAT can be used within the Brave Rewards ecosystem.

The Gemini User Wallet for Brave Rewards is available in today’s Brave desktop update (version 1.29), and support for Gemini User Wallets in the Brave Android app is coming soon.

We are delighted to continue building our partnership with Brave as we provide you with more ways to build your crypto portfolio while ensuring you remain secure online.

Onward and Upward!

Team Gemini

**Gemini Earn rates are subject to change*

Gemini Now Provides an Integrated Crypto Experience for Brave Users

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](https://www.gemini.com/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](https://www.gemini.com/blog/gemini-now-supports-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](https://exchange.gemini.com/register).

In May, we [added our GUSD stablecoin to Earn](https://www.gemini.com/blog/earn-7-4-interest-on-your-gemini-dollars), 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!

Team Gemini

*Updated: April 4, 2022*

Total Crypto in Gemini Earn Crosses $3 Billion

At Gemini, we are committed to ensuring you have all the tools you need to seamlessly build your crypto portfolio and invest in your future. Central to that mission is our effort to __consistently improve Gemini’s Customer Support operations__. We’ve re-launched the [Gemini Help Center](https://support.gemini.com/hc) to provide you with more robust tools to help you easily onboard, manage your account, trade crypto, and much more. 

We continue to scale our Customer Support team to address your account questions quickly. Our response times have improved to at most 24 hours and we are continuously improving our Support Services. We are looking forward to further expanding the ways we interact with our customers to provide best-in-class support.  

__Exploring the New Gemini Help Center__

Here are some of the features we’re most excited about:

- __Status Bar__: In addition to our [Status Page](https://status.gemini.com/), we’ll feature a Status Bar on the Help Center page to indicate if there are any Gemini platform or network issues.
- __Enhanced Search__: With our new Help Center search function you can search any topic related to your question, and we’ll direct you to all the relevant help articles. 
- __New Help Center Sections__: With the newly organized Help Center sections you can dive into various topics to find the help article you're looking for. Our new Help Center sections are: [Trading, Funding & Withdrawing](https://support.gemini.com/hc/categories/1260802420710-Trading-Funding-Withdrawing), [Security & Signing in](https://support.gemini.com/hc/categories/1260802420730-Security-Signing-in), [Account Management](https://support.gemini.com/hc/categories/1260802455609-Account-Management-), [Gemini Earn & Gemini Custody](https://support.gemini.com/hc/categories/1260802455629-Gemini-Earn-Gemini-Custody-), [The Gemini Credit Card](https://support.gemini.com/hc/en-us/categories/1260802420830-The-Gemini-Credit-Card), and [Education & Other Topics](https://support.gemini.com/hc/categories/1260802420850-Education-Other-Topics). 

For answers to questions you’re not finding on the Help Center, feel free to reach out to our customer support team by submitting a request via our [help desk](https://support.gemini.com/hc/requests/new). __We invite you to__ [__answer a couple questions__](https://geminitrust.typeform.com/to/odJXRgRu) __to help us better understand your customer support needs__. 

Our customer support team is growing, so if you’re interested in joining us, take a look at our [open positions](https://www.gemini.com/careers/support). We are always in search of great talent! 

Our goal is to minimize response times to your questions. We are continuously improving our processes and enhancing our tools and services to provide you the best crypto trading experience. 

Onward and Upward!

Team Gemini

Gemini Launches Improved Help Center, Bolstering Customer Support

Today, we are excited to release the [2021 State of Crypto in Singapore report](https://www.gemini.com/state-of-sg-crypto), which outlines crypto’s broadening appeal among current investors and the crypto-curious in Singapore. 

The report, published jointly with personal finance community platform Seedly and crypto price-tracking website CoinMarketCap, found that __the COVID-19 pandemic has prompted more than two-thirds of current crypto holders to increase their investments in crypto__.

The survey also showed that 67% of Singaporean investors who own personal investment products hold crypto as part of their portfolios. The remaining 33% of those not invested in crypto cited a lack of knowledge and understanding of digital assets as a barrier to investing. More than 50% said that markets are “too volatile” and almost one third (29%) said they are unsure how to go about investing in cryptocurrency.

Notably, crypto is also gaining in popularity among older age groups, with the survey indicating that 20% of crypto investors are over 35. 

Other noteworthy results from the survey include:

- __81% of crypto holders said that buying and holding crypto for the long-term investment potential is the top reason to invest in crypto__. This is followed by 58% of crypto holders who trade crypto to earn profits, and 43% who have used crypto deposits to earn interest.

- Across the various cryptos, __ether is the most popular among crypto holders (78%)__, followed by bitcoin (69%) and Cardano (40%).

- The __median annual income of women crypto investors is higher than that of men who own crypto__, falling within the S$55,001 to S$75,000 annual income bracket, whereas male crypto investors’ median annual income falls within the S$45,001 to S$55,000 bracket.

- The average age of a crypto holder is 29 years old and __19% of the crypto holders are women__.  

The State of Crypto in Singapore report offers a promising outlook for the future growth and adoption of crypto, with valuable insights that can help bring more people into this revolutionary asset class. To learn more about our findings, you can download the full report [here](https://www.gemini.com/state-of-sg-crypto).

This report underscores the increased crypto adoption across the globe as seen in our recent [2021 State of U.S. Crypto](https://www.gemini.com/blog/gemini-us-report-more-than-two-thirds-of-us-adults-are-interested-in-crypto) and [State of UK Crypto](https://www.gemini.com/blog/gemini-uk-report-crypto-investors-are-more-diverse-as-interest-grows) reports.

Onward and Upward!

Team Gemini

*The Seedly x Gemini x Coinmarketcap State of Crypto in Singapore Report is based on a total sample of 4,348 Singapore based adults, ages 18 to 65 across varying household incomes. Survey respondents were polled from 29 June 2021 to 9 July 2021 and included 2,862 self-identifying current crypto holders and 1,486 non-crypto holders.*

Gemini Singapore Report: COVID-19 Prompts Two-Thirds of Investors to Increase Crypto Holdings

Today, we are thrilled to announce the acquisition of Guesser, a real-time predictions market platform. 

The Guesser team brings to Gemini experience in decentralized finance applications, smart contract software and tech, and on-chain markets. The Guesser platform will sunset and the team will transition their focus to a variety of exciting projects in the DeFi space and accelerated adoption of [Gemini dollar (GUSD)](https://www.gemini.com/dollar), our regulated stablecoin, across the burgeoning crypto world. 

With DeFi among the fastest growing sectors in crypto, the Guesser team, led by their CEO Jose Garay and CTO Carlos Gonzalez, will join Gemini’s product team to spearhead projects ranging from submitting GUSD integration proposals and building oracles to developing relationships with DeFi protocols. 

Over the past year we’ve seen DeFi projects and platforms increasingly support GUSD, leading to a [surge in GUSD’s market cap](https://www.gemini.com/blog/gemini-dollar-surpasses-usd100m-market-cap-as-defi-soars), now up to more than $250 million. As more retail investors and financial institutions enter the DeFi ecosystem, they will seek a safe and reliable bridge between centralized finance and this new financial frontier — GUSD is that bridge.

Guesser marks Gemini’s fourth acquisition, following [Nifty Gateway](https://niftygateway.com/), [Blockrize](https://www.gemini.com/blog/gemini-to-offer-credit-card-with-crypto-rewards), and [ShardX](https://www.gemini.com/blog/gemini-enhances-speed-and-scale-of-asset-listings-transfers-and-usage-with), and we are excited to continue supporting the top talent and technologies in the blockchain and crypto space. 

Onward and Upward!

Team Gemini

Gemini Acquires Guesser to Bolster DeFi Opportunities

Today, we are thrilled to announce our partnership with Holon Global Investments, a leading Australian fund manager. Gemini will serve as custodian and execution partner for the Holon Wholesale Filecoin Fund. 

The [Filecoin (FIL)](https://www.gemini.com/cryptopedia/filecoin-fil-democratizing-cloud-storage) held by the Filecoin Fund will be stored and managed in [Gemini Custody™](https://www.gemini.com/custody), and our global network of experienced traders will facilitate the purchase of FIL for the Fund. As we continue building [Gemini’s presence in the Asia Pacific region](https://www.gemini.com/blog/geminis-apac-expansion-builds-global-momentum), we are excited to collaborate with Holon Global and provide industry-leading security and compliance to institutional and high net-worth investors seeking exposure to crypto. 

The custody and execution services provided to Holon’s Filecoin Fund are under [Gemini Fund Solutions](https://www.gemini.com/blog/gemini-fund-solutions-a-unified-offering-for-fund-managers). GFS is the only unified platform providing custody, clearing, trade execution, and other capital markets services specifically designed to support fund issuers entering the crypto space.

The Holon Wholesale Filecoin Fund aims to raise AUD$25 million over three months, and will offer a unique fund structure with a 100% FIL return over five years and a 0% management fee. FIL is the native token of the Filecoin Network, a decentralized data-sharing platform. To generate returns, the Filecoin Fund will purchase FIL and lend it out to Holon Global Innovations, a subsidiary of Holon Global Investments. In return, Holon Global Innovations will pay the Filecoin Fund 1 FIL for each borrowed FIL over a five-year period. 

Our partnership with Holon Global reinforces Gemini’s global reach as we enter the Australian market alongside one of the most innovative and forward-looking asset managers in the region. 

Gemini offers crypto services and infrastructure to a growing number of asset managers and traditional financial institutions across the world through Gemini Custody, GFS, and custom integrations with registered investment advisors and FinTech platforms. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, one of the most sophisticated financial regulators in the world, the security of our clients’ assets is our top priority. 

To learn more about our full-stack of institutional crypto offerings, we invite you to [reach out to us here](https://exchange.gemini.com/register/institution). 

Onward and Upward!

Team Gemini

Team Gemini