Cryptocurrency exchange Gemini has just publicly revealed the launch of its latest interest-earning program Gemini Earn — only for Singapore.
What customers can expect out of this new program is the ability to transfer existing crypto holdings, or the seamless process of buying crypto, transferring it into Gemini Earn and then earning up to 7.4% interest on 28 cryptocurrencies available on Gemini. Users of Gemini Earn are free to redeem their crypto anytime.
“We’re excited to bring Gemini Earn to Singapore. Gemini Earn was specially designed to allow users to invest in the long term while still generating real returns on their crypto holdings. As Gemini grows in Asia, my team and I are glad to be introducing some of the best Gemini products and programmes to our customers in Singapore.”
Jeremy Ng, Head of Asia Pacific at Gemini
Recent news of Gemini Earn being launched in all of the states in the US precede the Gemini Earn launch in Singapore. The entire Gemini user base is now earning interest on over $1 billion in loans originated through Gemini Earn.
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