Crypto exchange and custodian, Gemini has recently announced the launch of Gemini Earn, a program that allows you to earn up to 7.4% annually on virtual assets. This new program enables investors to earn real interest on virtual assets while they buy, sell and store them on the Gemini platform. This will be the first interest-earning virtual asset product in the United States.
The launch of Gemini Earn follows a recent announcement that Gemini customers will be able to earn rewards using the new Gemini Credit Card, which allows you to spend your assets and receive cashback in virtual assets. Merchants will be able to also accept these credit cards for point-of-sale purchases.
Gemini allows customers to buy, sell, store and earn on more than 30 virtual assets, including Bitcoin, Bitcoin Cash, Ether, Litecoin and Zcash. Based out of New York, Gemini is a trust company that must adhere to standards set forth by the New York State Department of Financial Services and New York Banking Law.
