Non-US customers and prospective customers are not affected by this.Įarn Gemini Dollar Staking Rewards by Staking GUSD on Celsius. Note: As of April 15, 2022, New US customers for Celsius will not have access to any interest earning opportunities at all until their Earn Interest Product 2.0 comes out.We recommend using the mobile version of Celsius over the desktop version because it has more features if you wish to use it, such as borrowing cash or stablecoins. This is also a tool that can prevent you from losing your funds if your account gets hacked. This mode disables features such as sending cryptocurrencies out of your wallet and much more until you disable HODL mode. If you are planning on holding long-term, we recommend activating HODL mode on Celsius. After receiving your Gemini Dollar, you’re all done! You will start accruing interest immediately and rewards are distributed weekly.Ĭelsius is a great method of earning interest on a variety of cryptocurrencies, such as Gemini Dollar, because it’s as simple as sending crypto to your Celsius wallet and holding. Select Gemini Dollar (GUSD) from the drop-down menu to get your Gemini Dollar address.Ħ. Once your account is finished setting up, press the “Transfer” tab to bring up options.Ĭlick “Transfer” Tab To Bring Up Option Menuĥ. Open the app and click Join Celsius and complete the process of creating a new account.ģ. Earn up to a $50 sign up bonus when you use referral code: 109902077a at sign up.Ģ.Go onto your mobile device’s app store and download the Celsius app (Android and iOS supported).After receiving your Gemini Dollar, you’re all done! You will start accruing interest immediately and rewards are distributed weekly. Send Gemini Dollar (GUSD) To Your Celsius Addressĥ. Send your Gemini Dollar to the provided address. Click “View and Copy Address”.Ĭlick On Receive Coin For Gemini Dollar (GUSD)Ĥ. Add Gemini Dollar (GUSD) and it will then show up on your list of coins. Click on the “Receive” tab and then click “Add New Coins”. Once your account is set up, you will see your dashboard.įind Gemini Dollar Coin On Celsius Dashboardģ. You must transfer the required amount to earn the Celsius sign up bonus.Ģ.Earn up to a $50 sign up bonus when you use referral code 109902077a at sign up. Currently Celsius has disabled withdrawals, so now is not a good time to sign up. Celsius currently provides 7.10% interest on your Gemini Dollar. Earning interest on Celsius is extremely easy because all you need to do is hold the cryptocurrency in your Celsius wallet, no need to lock it up. Gemini Dollar Staking GUSD Earn Gemini Dollar (GUSD) Staking RewardsĬelsius is a popular crypto borrowing and lending platform that allows you to earn interest on a variety of different cryptocurrencies. Have your Gemini Dollar work for you instead of just letting it sit there. As an ERC-20 compliant token, the Gemini dollar can be transferred on the Ethereum network.Share Like Tweet Pin Email How To Stake Gemini Dollar (GUSD)ĭo you want to earn Gemini Dollar Staking Rewards by Staking GUSD? Earning interest on your Gemini Dollar is easy and we will go over the steps for you to take to do so. Gemini dollar is a cryptographic token built on the Ethereum network according to the ERC-20 standard, and is strictly pegged 1:1 to the U.S. Gemini implements a number of security measures - including full KYC (Know Your Customer) and AML (Anti-Money Laundering) screening - to ensure that GUSD remains transparent, secure, and regulated for its users. GUSD is also available to trade and custody on a number of other exchanges and is supported by many projects in the crypto ecosystem. dollars on Gemini and redeemed when they are sold for U.S. Gemini dollars are created when they are bought with U.S. The GUSD Ethereum smart contract has also been audited by Trail of Bits, a leading information security research and development firm. By storing GUSD on the Ethereum network, all parties can openly view the total number of GUSD in circulation at any time. To further maintain transparency, the GUSD ledger itself is stored on the Ethereum blockchain. Gemini dollar is audited on a monthly basis by BPM, a private and independent accounting firm, that ensures there is parity between the amount of USD in reserve and the amount of GUSD in circulation. Gemini dollar is issued by Gemini, a New York trust company regulated by the New York State Department of Financial Services. dollar with the technological advantages of a cryptocurrency. Gemini dollar™ is a stablecoin that combines the creditworthiness and price stability of the U.S.
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