Is there a welcome offer for new users at Gemini?
The short answer to this is no, but there’s more to the story than that. Gemini is a prediction markets platform, and as I mentioned in my full Gemini review, these platforms don’t typically offer any sort of incentive to sign up. That said, this could all change as more platforms are launched, and there is more competition for new users - in which case you’ll see any updates in our page banners.
So, when I discovered there was no welcome bonus here, I was neither surprised nor disappointed, and it did give me plenty of opportunity to take a deep dive into what was available once you are all signed up with Gemini.
Which other bonuses and benefits are available for Gemini users?
I did find some impressive benefits here, but before I can show you what those are, you’ll have to register with Gemini. This is quite a quick process and is available to anyone 18 or over in 45 sates in the US. If you happen to be reading this outside the US, your best alternative should be displayed in the page banners. The actual sign up process is pretty simple, and can be summed up in a few short steps:
- Use the links on this page to go straight to Gemini Predictions.
- There’s a blue ‘Get Started’ button top right - hit that to start the registration process.
- Let your Google or Apple account do the hard work here, or use your email.
- Complete fields that confirm your age and location, like DOB and SSN.
- Read and agree to the T&Cs then submit your registration.
- Verify your email address.
You are now good to go, so you can make a deposit and start buying and trading event contracts. If you are registering on your phone, you’ll be prompted to download the app, which has all the functionality of the desktop version. Either way, you’ll now be ready to explore the other benefits of signing up with Gemini.
Get rewarded for introducing others
As you might have seen in the new Moomoo review, refer a friend programs are a popular method of spreading the word about new platforms like Gemini. In fact, Gemini is a well-established crypto trading brand with two attractive programs that they can fully migrate over to the prediction market area as well. This breaks down into two areas which offer short- and long-term rewards.
- The Gemini referral program - This is a straight up referral program which works pretty much the same way as almost every other referral program you’ve seen before. You’ll have a bespoke link which you can get from the hitting the regards button on your account page, and for each eligible user that signs up you will get a reward based on their trading activity, provided they trade $100 within their first 30 days. The reward is currently $10 in BTC, but always check the T&Cs to see the latest rates.
- The Gemini affiliate program - If you already have a decent social media following, or a relevant website, you can apply to become an affiliate. This works in a similar way, except, because of your ‘influence’, you’ll be doing this en masse. I couldn’t see what the exact criteria was for approval, or the timescales involved, but each eligible registration will get you $25.
Liquidity rewards program
While I was completing my Coinbase review, I found other ways that prediction market platforms can reward you, and I found the same here. If you’re really new to the world of prediction markets, then this will not just be a new type of reward, but a new concept as well. Here you’re being rewarded for generating liquidity in the various Gemini prediction markets.
In short, you leave open orders in the market - for instance you place an open order to buy at 28c for a ‘yes’ contract currently priced at 21c. This creates more market depth even if the price does not move enough for your order to be filled. You’ll get a share of the rewards pool, which can vary according to which type of market you are adding that liquidity to.
Potential future promotions
While these are very impressive benefits, the prediction market world is growing, and you might expect new promotions to form part of that. To make sure you don’t miss out on any of them, you should sign up for email updates and follow Gemini on Instagram, but make sure you only go for the official account. These will have updates on any future rewards that might become available to existing users which could easily be a match for anything you’d get with a Coinbase promo code.
Top 5 takeaways for getting the most from the Gemini promos and benefits
These are some great benefits, but if you are new to prediction markets you might feel a little out of your depth. Here are some quick tips to help you get off to the best start possible.
Read the T&Cs
Read the T&Cs - it might seem like common sense but plenty of users just tick the box and get started. Don’t be one of them, as this might all be new to you and you’ll need to make sure you know what to expect and avoid unwelcome surprises.
Explore the platform
Explore the platform - there are 9 huge categories here, as well as some ad-hoc ones added for major events so take a look around. Not just for buying and trading, but also to identify which might be best suited to you if are looking to benefit from the liquidity rewards program.
Stay in the loop
Stay in the loop - sign-up for updates as well as following Gemini on social media. Offers are thin on the ground at the moment but expect there to be more as the platform expands.
Be cautious
Be cautious - remember this is a different type of platform to one you may have used before, and works in a different way. Make sure you know the process for buying and selling contracts before you start inviting others to join you.
Be aware of fees/commission
Be aware of fees/commission - if you’ve come from a different type of platform you might not be aware that prediction markets charge fees for some deposit methods. Read the small print carefully so you know what to expect.
Conclusion - no welcome offer but plenty of rewards for users at Gemini
At first glance, the fact there is currently no Gemini promo for new users might seem like a disappointment. In reality, when you realize that currently very few prediction market platforms offer a bonus at this stage, and there are plenty of benefits once you’ve signed up, it’s easy to see why this platform is so well regarded. I found two ways to be rewarded for introducing others, so you can get involved here regardless of whether you’re a big influencer or a newbie just telling their friends.
There’s also rewards for adding liquidity to open markets, which might be a new exciting benefit for you. These are certainly top-tier benefits, but the best news is that Gemini is new to prediction markets, so the best is yet to come, and that is likely to include more attractive benefits. You can take a closer look at what is available now using the links on this page, and decide for yourself if the Gemini promos and benefits are right for you.
Gemini promo code FAQs
Do you need a Gemini promo code to unlock any bonuses at Gemini predictions?
There’s no need for any promo codes at the moment, because there are currently no offers for new users at Gemini. There are referral programs once you are registered, as well as liquidity rewards, but these are available to existing users without any special codes.
what are the rewards for referring others?
If an eligible user signs up through the referral program, you’ll get $10 in BTC if they trade $100 in the first 30 days. If you qualify for the affiliate program, that reward increases to $25 for each sign-up.
Are there any Gemini social media promotions?
Not yet. Gemini has made over a 1000 Instagram posts to its 130k+ followers, but these tend to be conversation starters rather than purely promotional, so no offers mentioned so far.