Gemini is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and many others. In order to buy or sell cryptocurrencies, you need to link your bank account to your Gemini account. In this article, we will guide you through the process of adding a bank account to your Gemini account.
How to Add a Bank Account to Gemini
Sign up for a Gemini account
If you haven’t already, sign up for a Gemini account by visiting the Gemini website and following the instructions to create a new account. You will need to provide your email address, phone number, and personal information, such as your name and address.
Verify your identity
Before you can add a bank account to your Gemini account, you need to verify your identity. This involves uploading a government-issued photo ID and proof of residency, such as a utility bill or bank statement.
Log in to your Gemini account
Once your identity has been verified, log in to your Gemini account and click on the “Deposit” button located on the top right of the page.
Select the “Link Bank Account” option
In the “Deposit” section, you will see a list of options for adding funds to your Gemini account. Select the “Link Bank Account” option.
Enter your bank information
You will be prompted to enter your bank information, including the name of your bank, routing number, and account number. Make sure that all the information you provide is accurate.
Verify your bank account
Gemini will send two small deposits to your bank account to verify that you own the account. These deposits typically take 2-3 business days to arrive. You will need to log back into your Gemini account and confirm the amounts of the deposits in order to complete the bank account verification process.
Buy or sell cryptocurrencies
Once your bank account is linked to your Gemini account, you can start buying or selling cryptocurrencies. To buy cryptocurrencies, simply select the cryptocurrency you want to buy, enter the amount you want to purchase and place your order. To sell cryptocurrencies, select the cryptocurrency you want to sell, enter the amount you want to sell, and place your sell order.
conclusion
Adding a bank account to your Gemini account is a simple process that can be completed in a few easy steps. By linking your bank account, you can easily buy and sell cryptocurrencies, making it a crucial step in your cryptocurrency trading journey.