![]() From a regulatory compliance standpoint, I’ve found Gemini to be more trustworthy. In the end, it comes down to who you trust better. (v) Celsius may lend your coins to exchanges, hedge and other counterparties, which may provide full or partial collateral for any coin or fiat loan. In February 2021, at the height of the bull market, Gemini partnered with Genesis to create Gemini Earn, which offered clients up to 7.4 interest on their crypto deposits. ![]() While such borrowing are for the purpose of optimizing the returns to all members, Celsius may experience losses or partial recovery of such collateral in certain situations and Learn about the Gemini API, common scams, referral program, Cryptopedia and more. (iv) Celsius may use your Eligible Digital Assets as collateral to borrow other digital or fiat assets in different jurisdictions around the world. In that event, you authorize Celsius to use Eligible Digital Assets to absorb the losses (iii) Celsius borrowers may default partially or entirely, which can result in partial or total loss of your Digital Assets. Gemini is a full-reserve and highly-regulated cryptocurrency exchange and custodian. (ii) Celsius may receive compensation in connection with lending or otherwise using Digital Assets in its business to which you have no claim or entitlement ![]() (i) You may not be able to exercise certain rights of ownership Here are some highlights when you earn interest on your assets: Bitcoin / Crypto Lending SAFE Is Gemini Earn Worth it - YouTube Lending your Crypto or BitcoinIs it smartIs it worth itWhy and who are the people borrowing CryptoIs Gemini Earn. I’d suggest that your read their terms of use. The statement was titled, Gemini is Built on Trust, Safety, and Compliance: Ask for Permission, Not Forgiveness. The bottom line: Between Genesis bankruptcy proceeding and Geminis customers being creditors in that, the SECs ask would fly counter to what it wants to achieve, they argued. ![]() Celsius’s lending partners MAY provide full or partial collateral. On November 11, 2022, five days before announcing that withdrawals in the Gemini Earn program would be suspended, Gemini released a statement assuring its customers that it had no exposure to FTX. ![]()
0 Comments
Leave a Reply. |