Gemini Crypto Exchange Announces Rewards For XRP Users – Here’s How To Get In

Source Bitcoinist

Gemini, the crypto exchange founded by the Winklevoss twins, is promoting its previously launched XRP cashback program, which offers crypto rewards to users. This initiative allows eligible participants to earn rewards on their XRP transactions. Here’s a look at the program details and the steps required to join. 

Gemini Founder Unveils XRP Cashback Rewards

On March 27, Tyler Winklevoss reminded the XRP community and Ripple army on X (formerly Twitter) that they can earn rewards in the token whenever they use the Gemini Credit Card for purchases. The Gemini credit card, launched in partnership with Mastercard in 2021, allows users to choose cryptocurrencies from Bitcoin, Ethereum, XRP, and over 50 other digital assets for cashback.

Since adding XRP to its long portfolio of crypto cashback offerings in August 2023, Gemini has continued to support the third-largest cryptocurrency as an option for crypto enthusiasts. The Credit Card reward information announced by Winklevoss was well received by the XRP community.

He explained that the Gemini Credit Card allows users to earn crypto back each time they spend fiat. He clarified that this feature is only available to residents in the United States (US) currently. The Gemini founder also revealed that he has been using the Credit Card for years and has had a great experience accumulating significant crypto rewards from the cashback program.

Gemini’s Credit Card offers tiered cashback rates depending on the purchase categories. A 4% XRP cashback is offered on gas and EV charging, with up to $200 monthly. A 1% XRP cashback is available for fuel and EV charging after exceeding the monthly limit. Finally, a 3%, 2%, and 1% XRP cashback is provided for dining, groceries, and other purchases, respectively. 

As XRP continues to push for widespread adoption, this Gemini cashback reward program strengthens its utility and encourages greater usability and investments. 

Notably, Gemini isn’t the only crypto exchange embracing XRP in its rewards programs. Platforms like WhiteBIT and Bit2Me have also introduced similar programs. By offering an XRP cashback, Gemini and other crypto exchanges can make crypto more accessible, encourage faster adoption, and reinforce XRP’s role as a digital payment solution. 

How To Participate In Gemini’s XRP Cashback

Gemini has specified that users interested in earning XRP rewards from Gemini’s cashback program must first qualify for the exchange’s Credit Card, which depends on their credit score. Approved applicants must secure their cards by June 30, 2025, to participate in the promotional offer. 

The crypto exchange also stated that new cardholders could earn up to $200 in XRP cashback if they spend at least $3,000 within the first 90 days. Once earned, the XRP reward will be automatically deposited into their trading accounts on Gemini, enabling users to hold, trade, or sell whenever they wish. The Credit Card also comes with no extra annual, exchange, or foreign transaction fees, allowing crypto users to grow their portfolios continually. 

Featured image from SCMP, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
WTI drifts higher above $69.00 on Venezuela supply worriesWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.15 during the early Asian session on Wednesday.
Author  FXStreet
3 Month 26 Day Wed
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.15 during the early Asian session on Wednesday.
placeholder
GameStop's plan to issue $1.3 billion convertible notes to buy Bitcoin could boost crypto market and meme coinsVideo game retailer GameStop announced on Wednesday that it plans to issue senior convertible note offerings worth $1.3 billion.
Author  FXStreet
3 Month 27 Day Thu
Video game retailer GameStop announced on Wednesday that it plans to issue senior convertible note offerings worth $1.3 billion.
placeholder
Crude oil price today: WTI price bearish at European openingWest Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session.
Author  FXStreet
3 Month 27 Day Thu
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session.
placeholder
Crude oil price today: WTI price bearish at European openingWest Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session.
Author  FXStreet
3 Month 27 Day Thu
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session.
placeholder
GameStop's plan to issue $1.3 billion convertible notes to buy Bitcoin could boost crypto market and meme coinsVideo game retailer GameStop announced on Wednesday that it plans to issue senior convertible note offerings worth $1.3 billion.
Author  FXStreet
3 Month 27 Day Thu
Video game retailer GameStop announced on Wednesday that it plans to issue senior convertible note offerings worth $1.3 billion.
goTop
quote