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Gemini Launches Staking in UK
Gemini Staking for Ethereum (ETH) and Solana (SOL) is now available to users in the UK, empowering them to participate in the crypto ecosystem and earn passive income from their crypto through the Gemini platform. This reaffirms their commitment to growing Gemini’s presence in the UK, and follows the recent opening of their first permanent UK office in London.
What is Staking?
Staking is a key part of the Proof-of-Stake consensus mechanism, where users can deposit their crypto to validate transactions on a blockchain network. In return, they are rewarded with crypto. Learn more here.
Through Gemini Staking, users in the region will be able to stake with any amount of ETH or SOL and earn up to 6% APR (annual percentage rate) for SOL, and a variable rate for staking ETH.
Previously, staking had only been available to UK users who staked at least 32 ETH through Staking Pro.
Why Stake With Gemini?
Whether you’re new to staking or an experienced user, Gemini Staking makes it easier to stake your ETH and SOL:
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No minimum amount: Our flexible staking pools allow you to stake any amount, with any rewards granted accrued daily.
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Simple process & high rewards: It’s straightforward to earn passive income. You can check your daily staking APR within the Gemini app, with up to 6% APR available for SOL and a variable rate for staking ETH.
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Institutional-grade security: With robust security measures and secure* custody of your assets, you don’t have to worry about managing your private keys.
How to Get Started
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In app, navigate to the Explore tab, select ETH or SOL, click the Trade button, and choose Stake.
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On web, navigate to the Stake tab, select ETH or SOL, and choose Stake.
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Select how you want to stake. You can use your existing ETH or SOL, or purchase more with a one-off or recurring buy.
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