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Gemini New User Incentive Program Terms
Last updated: May 30, 2024
How does it work?
- Each eligible new Gemini user will sign up by creating a Gemini account and successfully completing Gemini new user onboarding, and must place the minimum Qualifying Trade Volume worth of eligible trades within a Time Period starting from the account creation date as specified in an offer (the default is 30 days if no Time Period is specified in the offer), eligible accounts that meet the trading threshold will earn an amount as disclosed in an applicable promo offer (e.g. “get $100 worth of Bitcoin when you qualify”), as calculated by Gemini at the time of deposit. “Qualifying Trade Volume” shall be such amount as disclosed in an applicable promo offer (e.g. “trade at least $1000 in any crypto to qualify”).
- To activate the promotion and take advantage of this incentive, users must enter a valid promo code during their onboarding process (provided that this promo may auto-populate in certain circumstances).
- This program is subject to and governed by the Gemini User Agreement, any other applicable Gemini terms and conditions, and the terms included on this page. This is a limited time offer, and Gemini reserves the right to revoke any offer at its sole discretion. Void where prohibited or if Gemini determines that the customer is not eligible for the offer.
What types of trades count towards the trading thresholds?
- All revenue-generating trades count towards the trading thresholds: instant buy/sell/convert, OTC trades, ActiveTrader trades, derivatives trades (in relevant jurisdictions).
- Excluded: fiat-stablecoin trades, stablecoin-stablecoin trades, crypto and fiat deposit and withdrawal, and other trades or other non-revenue-generating activity as determined in Gemini’s sole discretion.
Who is eligible?
- This offer is valid only for new Gemini users who have not previously created an account.
- Not available to new users who were referred to Gemini from the Gemini Referral Program / Referral Club, or to users who have preexisting Gemini accounts using a different email address.
- This program is only available in limited jurisdictions at Gemini's sole discretion. Gemini may, from time to time, immediately, and at its sole discretion, modify this list of eligible jurisdictions or make this reward available to users in other territories, subject to applicable law.
Taxes.
- It's important to remember that any rewards earned through the Gemini referral program may be subject to taxes in your country of residence. When you receive crypto rewards, the value of that reward may be considered taxable income. Bonuses/promotions paid to US persons will count toward the $600 threshold of income earned on the Gemini platform that will require Gemini to issue the Form 1099-MISC.
- It's recommended that you consult with a tax professional to determine the exact tax implications of receiving rewards from our referral program. Additionally, you are responsible for reporting any income earned through our referral program on your tax returns. Failure to do so may result in penalties or fines from your local tax authorities.
Amendment.
- Gemini may amend the terms of this program at any time in its sole discretion. Changes may include, but are not limited to, the content of the program, the process for earning rewards, the threshold for earning rewards, eligibility of any users, eligible jurisdictions, or the timing and distribution process for rewards. A user’s continued participation in the rewards program does not grant any vested rights, and no user may rely on the continued availability of the program. Such changes shall be effective immediately upon posting to Gemini’s website and shall apply to all Gemini users.