Gemini: Products & Features Comparisonīoth BlockFi and Gemini have a wide variety of products to cater to different kinds of crypto holders. Better still, the company does not have a lock-in period, meaning investors can withdraw their funds anytime they want. When it comes to the Gemini payouts, the company will compound the interest yield daily to ensure you start earning immediately after you deposit the assets. For example, BTC earns 1.65% APY, ETH earns 2.05% APY, while 1INCH yields 7.4% APY. Interest yields depend on the specific asset you deposit. Gemini offers investors a chance to earn up to 7.4% APY by depositing their digital coins with the company. Also, the investors can keep earning from the deposited assets for up to 30 years. Additionally, the company does not have a lock-in period as you can withdraw your funds anytime you want. Common digital currencies like BTC will earn you 4% APY, while the Stablecoins like USDC and GUSD will give you a higher yield of up to 7.5% APY.īlockFi pays out the interest yields once at the beginning of every month, but the interest on your assets will accrue daily. When you deposit your crypto assets with BlockFi and Gemini, you can expect to get some of the highest interest yields, given that these two are some of the largest platforms out there.īy opening a BlockFi interest account, you can expect to get an interest yield of up to 7.5%, depending on the specific asset you deposit with the company and the tier level. Try BlockFi Loans Now BlockFi vs Gemini: Interest Rates, Lock-in Terms & Payouts These assets include BTC, ETH, LTC, and a wide variety of ERC-20 tokens like 1INCH, AAVE, BNT, and DAI. The company supports over 40 different crypto assets that traders can deposit to get interest yields. Gemini is one of the world’s largest cryptocurrency platforms, so one can rightfully expect them to support a wide variety of crypto assets. But, it is vital to note that the LTV you choose determines the interest rate you pay for the loan. Investors can borrow at 20%, 33% or 50% LTV ratio. These assets include at least 6 of the primary coins, including BTC and ETH and Stablecoins like USDC and Gemini’s GUSD.įor those that want to take crypto-backed loans from BlockFi, the company offers three LTV options. Try BlockFi Savings Now Supporting Crypto Assets & LTVīoth BlockFi and Gemini try to cater to the needs of all kinds of crypto investors by offering them a wide variety of crypto assets that they can invest to earn interest yield and grow their portfolios.īkockFi supports at least 10 different crypto assets that you can use to get crypto-backed loans or deposit with the company’s interest account to get yield.
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