Gemini, the crypto exchange run by the Winklevoss twins, is boosting its XRP cashback program. This means you can earn XRP cryptocurrency just by using their credit card!
How the Gemini XRP Cashback Works
Tyler Winklevoss recently reminded everyone on X (formerly Twitter) about this awesome perk. The Gemini credit card (available in the US only) lets you choose to get cashback in various cryptos, including XRP, Bitcoin, and Ethereum. They’ve been offering XRP cashback since August 2023.
The cashback rates vary depending on what you buy:
- 4% XRP cashback: On gas and EV charging (up to $200 per month).
- 1% XRP cashback: On gas and EV charging after you hit the $200 limit.
- 3% XRP cashback: On dining.
- 2% XRP cashback: On groceries.
- 1% XRP cashback: On other purchases.
Winklevoss himself says he’s been using the card for years and loves the crypto rewards!
Why This is a Big Deal for XRP
This program makes XRP more useful and encourages people to use it more often. Gemini isn’t the only exchange doing this; WhiteBIT and Bit2Me offer similar programs. By offering XRP cashback, exchanges make crypto more accessible and boost XRP’s position as a digital payment option.
How to Get Your XRP Cashback
To join the fun:
- Apply for the Gemini Credit Card:
Your credit score will determine if you’re approved.
- Activate your card by June 30, 2025: This is key to getting the rewards.
- Spend $3,000 in the first 90 days: Earn up to $200 in XRP cashback!
Your XRP rewards will automatically go into your Gemini account. There are no annual fees, foreign transaction fees, or exchange fees!
