Gemini, the crypto currency exchange founded by Tyler and Cameron Winklevoss, seems to be fully focused on Dogecoin (DOGE). Starting Sunday, the Gemini app will allow customers to move Dogecoin assets to interest-earning accounts through the Gemini Earn service. The company says a customer can earn a 2.25 percent annual return rate with their Dogecoin balance.
Gemini offers Dogecoin (DOGE) holders an opportunity to earn interest
Interest is earned daily and combined daily. Customers can use their crypto whenever they want. In addition, no minimum balance or transaction fee is required for transferring or using Gemini Earn. Gemini’s move to add Dogecoin to their savings program comes after their recent eight-year listing of cryptocurrency, according to CNBC information, Gemini COO Noah Perlman said, “We, as Gemini, are one of the most exciting things about cryptocurrency… we believe that it empowers the individual. We believe DOGE is an extraordinary example of this, ”he said. Created based on a joke, the cryptocurrency has attracted the attention of the whole world, with an increase of more than 25,000 percent in the last six months. Perlman used the following statements:
Does a person think DOGE is money? Then it is. We are here to help individuals acquire, store and spend coins safely and securely.
Gemini’s latest breakthroughs
Since Gemini Earn was launched in February, customers now earn more than $ 2 billion in interest on loans provided through the service. Customers in the USA and Singapore; It can earn up to 7.4 percent APY (annual return) with 32 cryptocurrencies, including Bitcoin, Ethereum, Injective, Polygon, and SushiSwap. The company plans to introduce interest on the fixed Gemini dollar to the dollar soon.