Gemini recently announced the launch of Gemini Staking Pro in the UK. The platform is now live in the US (except New York), Brazil, Singapore, Australia, Hong Kong, and 30+ nations.
Users in the United Kingdom with 32 or more ETH can now run dedicated validators on ETH. These validators will be facilitated by Gemini for every eligible user.
Gemini introduced Gemini Staking Pro as a crypto-staking product. It has been specifically designed for rich individuals and institutions. Currently, only users with 32 or more ETH can use it on Ethereum via Gemini’s UI.
According to the latest tweet by Gemini, UK users can use the web interface to stake ETH right now. Moreover, the platform aims to release its in-app support in the region soon. Given the buzz the news has created, several traders got intrigued by Gemini.
That is why they looked for an extensive Gemini crypto exchange review to understand its offerings. According to the reviews, there are several benefits of using Gemini Staking Pro, such as:
- Control over Ethereum validators: Gemini is offering dedicated ETH validators for every Staking Pro user
- Segregated reward addresses: The staking rewards will be deposited in a dedicated ETH address, allowing users to withdraw them at any moment
- Validator transparency: Users can gain and verify information about every validator using the on-chain monitoring tools
Users can start the staking process today by following these simple steps:
- Start by logging into a verified Gemini account
- Tap on Grow
- Choose ETH and select the Start Staking option
- Users with an ETH balance can choose Transfer Trading Balance. Other users can select Buy New Crypto and proceed
- Verify the details before confirming and start earning staking rewards
Gemini has informed users about its upcoming plans aimed at making the blockchain community accessible worldwide.