About the program
Invite your friends to trade crypto on Gemini and earn rewards in the crypto of your choice. Here's how it works:
1. Go to the Rewards hub by tapping on the account icon in main navigation, then tapping on Rewards.
2. Tap "Refer friends", where you can copy your unique referral link, share your link via social media, or invite family or friends directly through your contacts.
4. Once your friend signs up and places at least $100 worth of trades within 30 days of signing up, you both will receive $15 in the cryptocurrency of your choice.
Referral tracking in Rewards
After you’ve sent a referral invite, you’ll be able to track the progress of your referral towards achieving the $15 reward. When the reward is still pending, it’ll show up in the Pending table. You can click on each table row to learn more about the status of your referral..
Once your referral finishes the $100 trade requirement within the 30 day time period, the referral will move from Pending to History so you can easily track your past rewards.
Additionally, your Rewards dashboard will update per the amount of qualified referrals you achieve and total amount of rewards accumulated.
Reward payout
Once your referral completes a qualifying trade meeting the minimum $100 trade amount, the reward will be processed and made available to both you and your referral. It may take up to one day to process the reward.
The reward payout type will depend on your current crypto reward selection. For example, if you have chosen to receive rewards in Ether, you will receive $15 in Ether at the time of the reward payout. You can manage or edit your desired crypto reward selection at any time in the Rewards dashboard.
Please keep in mind that the value of cryptocurrencies can be volatile and the amount of cryptocurrency you receive as a reward may fluctuate depending on market conditions.
Is there a reward limit?
There is a limit of $600 per account in referral rewards that may be earned per year.
Am I eligible?
The following countries are eligible for the referral program: Australia, Belgium, Canada, Denmark, Hong Kong, Ireland, Italy, New Zealand, Portugal, Sweden, United Kingdom, and United States
To see if you're eligible for the referral program, simply check if you can view and interact with the Rewards section in your account. If you're able to participate in the rewards program, then you're eligible to join the referral program.
Not eligible yet? We’re expanding to new jurisdictions all the time, so keep an eye out! Please keep in mind that the referral program is subject to certain terms and conditions and may be modified or canceled at any time.
Can I sell my crypto rewards?
Yes! There is no time limit before you can sell your reward.
Taxes
It's important to remember that any rewards earned through the Gemini referral program may be subject to taxes in your country of residence. When you receive crypto rewards, the value of that reward may be considered taxable income. Bonuses/promotions paid to US persons will count toward the $600 threshold of income earned on the Gemini platform that will require Gemini to issue the Form 1099-MISC.
It's recommended that you consult with a tax professional to determine the exact tax implications of receiving rewards from our referral program. Additionally, you are responsible for reporting any income earned through our referral program on your tax returns. Failure to do so may result in penalties or fines from your local tax authorities.