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May 10, 2021

Now Gemini Exchange Lets You Earn Interest on Dogecoin

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The Winklevoss twins’ invented Gemini cryptocurrency exchange is going all-in on Dogecoin. Cameron and Tyler Winklevoss’s founded the Gemini app will allow customers to shift their holdings in dogecoin into a money market account through its Gemini Earn services. 

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The organization says it would serve a 2.25 percent rate APY (annual percentage yield) on a client’s dogecoin idle balances. Interest is achieved and aggravated daily, and clients can rescue their crypto at every time. There are no transferable money and minimum balances to redeem from the company Gemini Earn. 

Gemini added dogecoin to become a saving program reduced than a week afterword the eight-year-old listed exchange cryptocurrency for the first time. Gemini Earn’s COO, Noah Perlman said that they at Gemini do faith in one of the best exciting things about cryptocurrency is offering power to the individual, and from them, doge is a significant example of that. 

The meme-motivated crypto has apprehended the attention of the World, rushing greater than 25,000 percent in the previous six months. Perlman stated that all individual people feel like doge is money? Then it is. They are here to support individuals obtain it, load it, and invest it safely, and secure way. 

In February, since Gemini Earn was released, clients are collectively achieving interest on greater than $2 billion in loans produced through different services. Singapore and in the U.S. could achieve up to 7.4 APY percent on 32 different cryptocurrencies including ether, bitcoin, and recently added SushiSwap and Polygon.   

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