Contents
The Offer
- Cryptocurrency Exchange Gemini is offering $50 when you join and trade $500+ within three days
Our Verdict
Previously you could get a $30 bonus. This is an extra $20, but it does require $500 in trading rather than $100. Still a better deal for some people. You can also ask for active trading to reduce fees, more on that in the comments here.
Hat tip to Vanson
A better deal: $150 Bitcoin after you buy your first $1,000 of crypto.
https://www.fool.com/the-ascent/offers/cryptocurrency/gemini-exchange/
Interesting. I might try to close Gemini and reopen
Any luck with this?
Posted, thanks https://www.doctorofcredit.com/gemini-join-trade-1000-in-crypto-get-150-bonus/
👋 I opened and account and invested$1300 in the last 3 weeks. I did not get the $150 bonus. I do not see any code to enter. What do I need to do ?
Another DP. Opened account Oct 9th afternoon. DL ID verification was super quick. Deposited $500 through Plaid which is available to trade instantly.
10/09: Bought GUSD $500
10/10: $50 worth of BTC bonus posted overnight; Sold GUSD & BTC. No free ride violation – you can sell before funds settle in 3-4 business days. Just can’t withdraw till they settle.
Quick tip: If you trade BTC for GUSD, fees are roughly half of what you would be charged for direct BTC-USD sell.
There is no fee to trade GUSD – USD.
Also a smaller one for $25 on a $100 transfer, if that’s more manageable https://getstarted.gemini.com/25-btc/?utm_source=google&utm_campaign=USA_Display_Topic_Audience_July&utm_medium=cpc&utm_content=125119081636&utm_term=&gclid=EAIaIQobChMI0YH4msaD8wIVwYHtCh1WBQSZEAEYASAAEgLugvD_BwE
Hi I’ve created a new account, and verified KYC within a few minutes. Then I sent 530 worth of LTC, sold them for USD, then bought 500 worth of GUSD. More than 24hs have passed since then and I see my Portfolio is just the same with GUSD and USD. I don’t see any BTC, anyone knows if I’m earning the promo?
anyone closed the account yet ? whats the process ?
I’ve been in an identify verification queue for more than 30 days.
okay not a good news for me. Do you have your credit frozen? I assume that’s why I haven’t been verified. I emailed them 3 days ago and haven’t heard back.
My account was verified after emailing them and the credit was added manually
Google voice numbers do not work
Bought $500 of GUSD (no fees). Bonus was deposited within 24 hours. Immediately sold the Bitcoin and net of fees made ~$48.
For those who’re wondering about the specifics of their terms, I emailed them and this is their answer.
TLDR: GUSD (a stablecoin works).
A $50 bitcoin credit will be automatically applied to your Gemini account once the following criteria is met:
1. You are a first time Gemini user who has not created an account in the past.
2. You have traded (buy or sell) $500 USD worth of crypto (any cryptocurrency on the exchange, including GUSD) within the first 3 days of creating your Gemini account.
3. You must have created the account using this link: https://getstarted.gemini.com/50-for-500/
Hi, do you know how long we can withdraw the BTC?
I bought BTC and sold after 2 hours for small loss.
Awaiting bonus
I opened my account 12 hrs ago and still waiting for the identity verification. I’ll probably recommend you to sell BTC for GUSD/USD and then withdraw instead of moving BTC to another service/your wallet to avoid the gas fee.
“We are verifying your identity and will be in touch shortly. Gemini is currently experiencing extremely high application volume and there may be delays as the compliance team completes the review of your application.”
Opened account, funded via Plaid, and purchased $500 GUSD last night. BTC credited less than 12 hours later with email confirmation (subject “Congratulations! You’ve qualified for your referral credit”):
“Congratulations, and welcome to Gemini! You’ve qualified for your referral credit, so we’ve added $50.00 worth of Bitcoin to your account.”
Note in account implies that BTC is immediately tradable but cannot be withdrawn until original funding clears:
“Available for trading: 0.0010xxxx BTC
Available for withdrawal: 0 BTC
You have 1 pre-credited USD deposit waiting to fully clear, resulting in a hold of 0.0010xxxx BTC placed on your BTC withdrawals.”
Should’ve held
One thing to keep in mind about Gemini is that they only use authy as 2fa (unless you want to go full out and buy a yubikey) which can only connect to your phone number unlike coinbase,kraken,ftx…which use authy and can be used on a disconnected device. I been sim swapped, not worth the $50 here.