Share this article
Gemini Exchange Users Can Now Earn Interest on Dogecoin
The U.S.-based exchange also added sushiswap, injective and polygon, bringing the total of interest-earning cryptocurrencies to 32.
Updated Sep 14, 2021, 12:52 p.m. Published May 10, 2021, 9:41 a.m. 1 min read
Gemini, the Winklevoss brothers-founded cryptocurrency exchange, has added dogecoin to the cryptocurrencies supported by its Earn lending program, allowing customers to earn interest on their holdings.
- Users can realize as much as 2.25% annual percentage yield (APY) on DOGE, Gemini said in a blog post on Saturday.
- SUSHI, INJ and MATIC have also been added to the U.S.-based exchange's Gemini Earn platform.
- The additions take the total number of interest-bearing cryptocurrencies to 32.
- Under the program, users can earn between 1.26% and 7.75% APY, according to the platform's web page.
- Dogecoin was first listed on Gemini on March 4; eToro has also added support for the meme-based coin.
- At press time, DOGE is changing hands for around $0.50, having fallen from an all-time high of $0.74 on Saturday, according to CoinDesk data.
See also: Dogecoin Falls as Musk Underwhelms and Reality Intrudes
More For You
The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.
What to know:
- NEAR token climbed 15% over 24 hours to $2.8, extending a month-long rally that has nearly doubled its price (up 90%).
- The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.
- Investors are anticipating a June...
Top Stories
