Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has launched an exciting XRP cashback rewards program for eligible users. This initiative allows participants to earn crypto rewards on their transactions, further promoting XRP adoption. Here’s everything you need to know about the program and how to participate.
Gemini’s XRP Cashback Program Explained
In March 2024, Gemini co-founder Tyler Winklevoss reminded the XRP community about the exchange’s cashback rewards program. Designed for users of the Gemini Credit Card, the initiative offers tiered rewards in XRP for everyday purchases.
Key Cashback Rates:
- 4% XRP cashback on gas and EV charging (up to $200 monthly).
- 3% XRP cashback on dining purchases.
- 2% XRP cashback on groceries.
- 1% XRP cashback on all other purchases.
👉 Discover how to maximize your XRP rewards
This program is currently available only to U.S. residents, but it presents a unique opportunity for crypto enthusiasts to earn passive income while spending fiat currency.
How to Join Gemini’s XRP Rewards Program
To participate, follow these steps:
- Apply for the Gemini Credit Card (requires a credit check).
- Activate your card by June 30, 2025, to qualify for the promotional offer.
- Spend at least $3,000 within 90 days** to earn up to **$200 in XRP cashback.
Rewards are automatically deposited into your Gemini trading account, where you can hold, trade, or sell your XRP.
Additional Benefits:
- No annual, foreign transaction, or exchange fees.
- Instant crypto deposits and withdrawals.
👉 Learn more about crypto rewards programs
Why This Program Matters for XRP Adoption
Gemini’s XRP cashback program enhances the token’s utility and real-world usability, encouraging more users to transact with XRP. This aligns with Ripple’s broader goal of fostering crypto adoption in global payments.
Other exchanges, including WhiteBIT and Bit2Me, have introduced similar initiatives, reflecting growing confidence in XRP’s role as a digital payment solution.
FAQ: Gemini XRP Cashback Rewards
1. Who is eligible for Gemini’s XRP cashback?
Only U.S. residents with an approved Gemini Credit Card can participate.
2. How do I claim my XRP rewards?
Rewards are automatically deposited into your Gemini account after eligible purchases.
3. What’s the maximum cashback I can earn?
You can earn **up to $200** if you spend $3,000 within 90 days.
4. Are there any fees for the Gemini Credit Card?
No annual, foreign transaction, or exchange fees apply.
5. Can I use the card outside the U.S.?
Currently, the program is limited to U.S. residents.
Final Thoughts
Gemini’s XRP cashback program offers a compelling way for crypto users to earn rewards while supporting XRP adoption. With competitive cashback rates and no hidden fees, it’s a strong incentive for everyday crypto spending.