![]() ![]() All customer assets held on the Gemini exchange are held 1:1 and available for withdrawal at any time. ![]() Gemini is a full-reserve exchange and custodian. Gemini Earn Review Final Thoughts: Is It Worth It Gemini Earn lets users earn up to 7. Gemini Staking, which is part of our Grow offering and separate from the Earn product, continues to operate as usual. Find, Trade and Buy over 70 coins including bitcoin on the best cryptocurrency platform. This does not impact any other Gemini products and services. For example, if Bitcoin has a prevailing market price of 10,000, Gemini would charge 10,050. At a minimum, we will update this page on Tuesday and Friday of each week until a resolution has been reached. Gemini Earn: A lending program to earn interest on cryptocurrencies Gemini Wallet. Please view our Gemini Earn Updates page for more information. We are working with the Genesis team to help Earn users redeem their assets from the Earn program as quickly as possible. Gemini announced that customers of the Earn. ![]() On November 16, 2022, Genesis Global Capital, LLC (Genesis) - the lending partner of the Earn program - paused withdrawals and messaged that they will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days. It was reported on November 16 that Gemini had experienced 563 million in customer outflows compared to 78 million in inflows within a 24-hour period. The current market value of the digital assets owed to you is no longer shown. Your “pending balances” now display the Earn-related digital assets included in the Master Claim on your behalf. Important information regarding Earn redemptions (updated 5/22/23) : Gemini has now filed the Master Claim in the Genesis bankruptcy proceeding, as explained in our emails on April 11, 2023, and May 12, 2023. ![]()
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