Gemini Earn is a lending program through which you may choose to lend your crypto to certain institutional borrowers and earn interest on your crypto.
Gemini is partnering with accredited third party borrowers including Genesis, who are vetted through a risk management framework which reviews our partners’ collateralization management process.
On the Gemini platform, customers can view their combined trading balance and Earn balance, as well as the interest they’ve earned. Interest is paid daily and will start accruing at 4 p.m. ET on the next business day after funds are moved to Gemini Earn.
Where is Earn available?
Earn is currently available to customers residing in the US and Singapore.
I don’t see Earn, how can I use it?
Earn is currently available to customers residing in the US and Singapore. If you see Earn on your web browser, but do not see it on your mobile app, please update the Gemini app to the latest version.
What are the current rates on Earn?
To view the current rates on Earn, please visit our page here.
Are my funds in Earn insured?
Your funds in Earn are not insured by Gemini but are held with our trusted partners. Our partners are vetted through our risk management framework and always disclosed to you, so you know which institution has borrowed your funds. Currently, Gemini is partnering with accredited third party borrower Genesis.
Additionally, Gemini Earn is structured similarly to many non-deposit services offered by financial institutions and not insured by FDIC, SIPC, or any other governmental program, or Gemini. All loans are open-term and callable, and the customer’s experience is seamless with Gemini’s platform, allowing quick access to earn interest and redeem funds.
Are my interest rates locked in?
Interest rates are variable and subject to change at any time. Gemini does not guarantee any particular rate or return. We will notify you if interest rates change.
What are the fees for Gemini Earn?
Please visit here for the Earn fee schedule.
What is APY?
APY is short for “Annual Percentage Yield” and indicates the interest you can earn on your principal over one year.
Can my Earn balance decrease?
We show your Earn balance in USD for convenience. Since crypto prices change over time, your Earn balance will fluctuate in response to market conditions. However you are always earning new crypto and if the value of the crypto increases, you will see the value of your Earn balance increase again.
How can I access my Earn History?
To access your Earn history, navigate to the Portfolio page then click "Completed Transactions” in the top left corner. Select the three dots in the top right corner and click on "Download Earn history" to download an .xlsx file to your device.