This blog post may contain references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on links to those products or services.
Bitcoin has just recently hit an all-time high of over $52,000, prompting many people who previously did not know anything about cryptocurrencies to begin researching the asset class to learn more. Given the high-risk nature of this cryptocurrency, however, it is important that individuals looking to invest money in the space only use reputable, trustworthy exchanges to ensure that their funds are safe. This is where Gemini Exchange comes in. Signing up to the platform with a Gemini referral code will not only allow investors to begin trading cryptocurrencies freely but also earn a Gemini signup bonus worth real cash.
What is Gemini?
Gemini Trust Company, LLC is a digital currency exchange and custodian that was founded in 2014 by the Winklevoss twins, who are renowned long-time investors and entrepreneurs in the cryptocurrency space. The exchange is currently regulated by the New York State Department of Financial Services. Gemini exchange currently operates in several countries, including the United States, Canada, the United Kingdom, South Korea, and Singapore, allowing users in these regions to connect their bank accounts to the Gemini platform and use its services.
Become an Insider
How does Gemini work?
The vast majority of other exchanges in the cryptocurrency space require crypto-only deposits and crypto-to-crypto exchanges, but Gemini is one of a few exchanges that allows its users to directly deposit fiat currency, which includes US dollars and UK pounds.
Gemini Exchange benefits
This makes Gemini a pretty unique player, as account holders can directly connect their bank accounts to their Gemini account and purchase crypto without a hassle. Users can buy market leaders like Bitcoin and Ethereum with their home currency, like the USD.
Users can then send their crypto holdings to an offline crypto wallet, another exchange, or a friend directly from the Gemini platform. For users interested in taking advantage of market volatility, they can also use Gemini’s clean, easy-to-use interface to trade cryptocurrencies for a small trading fee that depends on the product and usage level.
Although there are thousands of cryptos out there, Gemini’s team has gone through a thorough diligence project to ensure that the 26 cryptocurrencies supported on its platform are reputable, so users can use their product confidently.
What are the benefits of creating an account on Gemini?
Besides being a simple platform to use, Gemini users will benefit mainly by being able to cash out their crypto earnings through this platform. While there are many trading platforms available for cryptocurrency traders to take advantage of market swings to make money, most will only accept crypto-to-crypto transactions. For traders and investors looking to cash out their earnings into their daily bank account, so that they can do things like pay taxes, make investments in other fields, or simply buy themselves a meal, they will need to use the services of an exchange like Gemini. After all, most merchants do not yet offer the possibility of buying goods directly with cryptocurrencies but in the form of crypto cards.
How to use Gemini referral code 2021 signup bonus
Signing up for Gemini is an easy process, and it is possible to earn a Gemini referral bonus if you follow the steps below carefully:
- Navigate to the Gemini.com webpage and click “Get Started.”
- Enter your personal information, including your name and email address.
- Create a password to keep your account and funds safe.
- If you have a friend who already has a Gemini referral bonus link, make sure to copy and paste their unique link when you are signing up for your account so that both of you can claim the Gemini bonus. The platform promises a Gemini signup bonus of $10 in Bitcoin for users who use a friend’s Gemini referral code and trade $100 within 30 days of account opening.
- Once you sign up successfully, you have a chance to earn another Gemini bonus by referring friends using your own Gemini referral code. When a new friend signs up for a Gemini account with your code and trades $100 within 30 days of account opening, both of your accounts will be credited with $10.
Editorial Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone
The content of this website is for informational purposes only and does not represent investment advice, or an offer or solicitation to buy or sell any security, investment, or product. Investors are encouraged to do their own due diligence, and, if necessary, consult professional advising before making any investment decisions. Investing involves a high degree of risk, and financial losses may occur.