11 Jun 2021
I understand that I can earn some interests for BTC and ETH if I own them under Gemini Earn. Can someone explain how it really works? I’m slightly concerned about transferring to the wrong wallet address. Thank you so much!
It would depend on your holdings currently in Coinhako, fees for withdrawal (transfer) to another exchange for stake/earn.
Aside from Gemini Earn, there are other alternatives in the market as well
Up to 5% interest (can consider BlockFi or Celsius which has a higher earn rate than Gemini)
Up to 8% on all your Crypto for first $10k:
If withdrawal fees are easily earned back through higher interest rates on platforms like BlockFi/Celsius/Blockfolio, I would usually just withdraw it and earn it back in interest than to sell it on Coinhako (with much higher fees), and have a much harder time trying to time the market to enter the same position.
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Continue to stay in Coinhako would be the better short-term solution until a better platform emerge.
Feel free to use my referral code: 233063_95003828
Agreed with Maximilian. Should sell everything that you are holding in Coinhako then repurchase in o...
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Gemini Crypto Exchange
($1.50 to 1.49%) + Convenience Fee
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