Gemini, the cryptocurrency exchange established by the Winklevoss twins, has announce its plans to extend its Ethereum staking service, Gemini Staking Pro, to the United Kingdom. This service presents users with the opportunity to earn rewards by staking their Ethereum holdings.
Gemini Staking Pro, launched in the US, has since expanded to Singapore, Hong Kong, Australia, and Brazil. Users must wager at least 32 ETH (ETH), equivalent to $60,000 at the current market price. Discussions are underway to increase the maximum stake to 2,048 ETH. Gemini Staking Pro offers regular payouts, no lock-up periods, and secure compliance measures. The expansion to the UK provides Ethereum holders in the region with an opportunity to earn passive income through staking.
The service aims to attract individuals and institutions interested in the Ethereum network and contribute to its security and decentralization. Gemini encourages users in the UK and other supported countries to start staking their Ethereum holdings through Gemini Staking Pro, offering a simple and secure way to earn rewards while actively participating in the Ethereum ecosystem.
Compiled by Coinbold
