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What does Gemini Earn mean?
Gemini Earn is a lending scheme in which you may lend your cryptocurrency to specified institutional borrowers and earn interest on it. Gemini works with accredited third-party borrowers, such as Genesis, who have been approved through a risk management methodology that examines our partners' collateralization management procedure of Gemini Login.
Customers may examine their combined trade balance and Earn balance, as well as the interest they've earned, on the Gemini platform. After the money is sent to Gemini Earn, interest will begin to accrue at 4 p.m. ET on the next business day of Gemini Login.
What exactly is APY?
The term "Annual Percentage Yield" (APY) refers to the amount of interest you may receive on your principle over a year.
How do I open a Custody account?
If you want to establish a custodial account, go to Settings > Create a new account and then follow the directions to get started! When you open a new custodial account, you will automatically activate authorized addresses-only withdrawals for all of your accounts (both custody and exchange). This prevents bitcoin from being transmitted to unknown addresses in your Gemini login.
You will not be able to withdraw until you have added at least one address to your authorized address list, and each address must pass a 7-day approval hold before it becomes active for withdrawals from Gemini Login.
What exactly is Gemini Custody?
Gemini Custody offers a safe offline proprietary Cold Storage System to keep your cryptocurrency in a regulated, secure, and compliant way.
Individual consumers desiring the highest levels of security, as well as institutional customers like hedge funds, mutual funds, and exchange-traded funds, may be compelled by law to store their crypto with a qualified custodian such as Gemini login.
Customers' cryptocurrency is separated with a Gemini Custody account, employing distinct cryptocurrency addresses that are independently verifiable and auditable on their blockchains. Please read our custody fee structure and additional information by clicking here.