Gemini, the cryptocurrency exchange run by Tyler and Cameron Winklevoss, has launched a service that lets investors earn 2.25% a year on Dogecoin held in accounts on the exchange.
Gemini Earn, the exchange’s interest-bearing accounts program, launched in February. It is open to customers in the U.S. (in all 50 states) and Singapore.
The interest is generated daily, and will be added to the initial investment, compounding the amount of Dogecoin held.
Dogecoin invested through Gemini Earn isn’t locked, so investors can withdraw their crypto at any time.
There’s no minimum doge requirement and Gemini doesn’t charge fees for depositing to or withdrawing crypto from Gemini Earn.
You can now earn 2.25% APY on $DOGE with #GeminiEarn!
Along with this exciting addition, Gemini customers are now collectively earning interest on more than $2 billion in loans originated through Gemini Earn. Much wow. https://t.co/l1l52Kp2Nl
— Gemini (@Gemini) May 9, 2021
Gemini also added SushiSwap (S
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