What is the difference between BlockFi and Gemini?

However, the only stablecoin that you can earn interest on is DAI. Meanwhile, BlockFi only allows you to deposit 13 cryptocurrencies into your account. The number of cryptocurrencies that you can hold are much lower on BlockFi. Gemini has a whole ecosystem of crypto services that they can offer you.

How do I contact BlockFi and Gemini customer service?

So far, Gemini has stood out for above-average customer service; you can contact Gemini customer service here. Our experiences with BlockFi customer support so far have been well above average. You can contact them at [email protected]. Can You Trust BlockFi and Gemini Earn?

Is BlockFi safe?

BlockFi’s funds are only as safe as Gemini Trust, and by industry standards, that’s pretty safe. Gemini holds 95% of BlockFi’s assets in cold storage wallets insured by Aon and 5% in insured hot wallets. In addition, US dollars on Gemini are FDIC-insured up to 250,000 per individual. However, fund safety isn’t everything.

How much APY does BlockFi offer?

BlockFi offers 8.6% APY for the Gemini dollar, GUSD, and similar stablecoins, capping at 9.6% APY for Tether’s USDT. Here’s what BlockFi interest rate offerings look like. On Gemini, you earn a fixed 2.05% APY for BTC and ETH and varying interest rates for 30+ altcoins and stablecoins. Gemini’s APY rates. Source: Gemini