Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has reignited interest in its XRP cashback reward program. This initiative allows eligible users to earn crypto rewards on qualifying purchases made with the Gemini Credit Card. Below, we explore the program's details and a step-by-step guide to participation.
Gemini's XRP Cashback Program Overview
On March 27, Tyler Winklevoss highlighted the ongoing opportunity for XRP enthusiasts to earn rewards through Gemini's credit card. Launched in partnership with Mastercard in 2021, this card lets users select from Bitcoin, Ethereum, XRP, and 50+ other cryptocurrencies for cashback rewards.
👉 Discover how Gemini's rewards stack up against other exchanges
Key Features of the XRP Cashback Program:
- 4% XRP cashback on gas/EV charging (up to $200 monthly)
- 3% cashback on dining purchases
- 2% cashback on groceries
- 1% cashback on all other transactions
Why This Matters for XRP Adoption
By integrating XRP into its cashback system, Gemini reinforces the token's utility as a digital payment solution. This program:
- Encourages broader XRP usage
- Provides tangible incentives for holders
- Complements similar initiatives from exchanges like WhiteBIT and Bit2Me
Participation Requirements
To join Gemini's XRP rewards program:
- Apply for the Gemini Credit Card (U.S. residents only)
- Meet credit score qualifications
- Activate your card by June 30, 2025
👉 Learn more about crypto credit card benefits
Bonus Offer:
New cardholders can earn **$200 in XRP** by spending $3,000 within their first 90 days. Rewards auto-deposit into Gemini trading accounts for flexible management.
FAQ Section
1. Who is eligible for Gemini's XRP cashback?
Currently, only U.S. residents with qualifying credit scores can participate.
2. What's the maximum XRP reward possible?
Users can earn up to $200 monthly in XRP from gas/EV charging purchases, plus additional cashback from other spending categories.
3. How are rewards distributed?
XRP automatically deposits into your Gemini trading account, where you can hold, trade, or sell it.
4. Are there hidden fees?
No - the card has no annual, exchange, or foreign transaction fees.
5. Can I choose different crypto rewards?
Yes, you can select from 50+ cryptocurrencies including Bitcoin and Ethereum.
6. How does this compare to other crypto cashback programs?
Gemini offers competitive rates, particularly for XRP enthusiasts. Other exchanges may provide different reward structures or eligibility requirements.
Current XRP Price: $2.13 (as of latest data)
This program represents a significant opportunity for XRP holders to earn while spending. By combining financial flexibility with crypto rewards, Gemini continues to bridge traditional finance and digital assets.