Dogecoin (DOGE) became the 32nd cryptocurrency in Gemini Earn’s portfolio. Thus, users will have the opportunity to earn up to 2.25% interest.
US-based crypto currency exchange Gemini announced that it will give its customers the opportunity to earn interest on Dogecoin. Users will be able to earn an annual interest income of up to 2.25% with the “meme token”.
The Dogecoin Madness Expands
The Dogecoin craze is in full swing. The Gemini exchange, founded by the Winklevoss brothers, has also recently listed Dogecoin.
The company has clearly expressed its support for Dogecoin. He confirmed that Gemini is the only regulated platform in the US in 50 states where it is allowed to trade and earn interest on DOGE. Moreover, Gemini officials stated that Dogecoin is a true successor of Bitcoin:
The Gemini team also confirmed that customers can start engaging with SushiSwap (SUSHI), Injective (INJ), and Polygon (MATIC).
Gemini Earn stated that users can earn up to 7.4% APY from the crypto coins they hold on the exchange.
Gemini Earn is accessible to every customer in the USA and Singapore. With the addition of Dogecoin, the number of cryptocurrencies supported by the service increased to 32.