TLDR
- Gemini eliminates minimum staking requirements for UK customers on Ethereum and Solana
- Users can now earn up to 6% APR on SOL staking and variable ETH rates
- Previous 32 ETH minimum barrier removed, opening access to retail investors
- Launch coincides with Gemini’s new London office opening
- Service expansion follows MiCA license approval from Malta regulators
Gemini has removed staking minimums for UK customers, allowing users to stake any amount of Ethereum (ETH) and Solana (SOL) tokens. The crypto exchange previously required a 32 ETH minimum through its Staking Pro service.
The updated platform offers competitive rates for both cryptocurrencies. Solana stakers can earn up to 6% annual percentage rate, while Ethereum provides variable returns based on network conditions.
This change opens crypto staking to retail investors who couldn’t meet the previous $80,000 minimum requirement. UK users can now participate in proof-of-stake networks regardless of portfolio size.
How Gemini UK Staking Works
The staking process requires users to lock tokens to validate blockchain transactions. Participants receive rewards for supporting network security and operations.
Gemini handles technical aspects including validator management and private key security. Users track daily reward accumulation through the exchange’s mobile application.
The platform offers flexible staking options including existing token deposits or new purchases. Customers can choose one-time investments or recurring buy schedules to build staking positions.
Institutional-grade custody protects user assets throughout the staking period. This security framework removes technical barriers for individual investors entering the staking market.
UK Market Expansion Strategy
The staking launch follows Gemini’s London office opening, marking the exchange’s first permanent UK presence. This physical location supports regulatory compliance and customer service operations.
Gemini recently secured a Markets in Crypto Assets (MiCA) license from Malta’s Financial Services Authority. This regulatory approval enables operations across European Union member states.
The timing reflects growing competition among crypto exchanges targeting UK staking services. Platforms compete on yield rates, accessibility features, and security measures to attract retail customers.
UK regulatory clarity has improved for crypto staking services compared to other jurisdictions. This environment encourages international exchanges to expand local operations and service offerings.
The exchange joins established competitors offering UK staking products as demand grows for passive crypto income. Retail investors increasingly seek alternatives to traditional savings accounts offering minimal returns.
Gemini’s expansion targets both new crypto users and existing holders seeking yield opportunities. The no-minimum approach removes entry barriers that previously limited participation to wealthy investors.
