
Gemini recently expanded its offerings to now include prediction markets, and it’s been getting rave reviews. My interest, however, went beyond the available trading categories and platform features, but also involved finding the latest Gemini promo.
To do this, I visited the official website, signed up, and checked if bonuses were available for contract traders. In this guide, I’ll tell you everything I discovered regarding promotions on the platform. I’ll also clarify whether a Gemini promo code is needed at any point, and if not, what alternatives are provided. Sounds good? Well, let’s get into it.
Based on my experience as a newbie during my Gemini review, I noticed the platform doesn’t offer a welcome bonus. While this would typically have me fuming from disappointment, I remembered that this situation is quite common at many prediction market sites. And with this in mind, it was easy to let go of any expectations of a welcome offer and just focus on other promotions that may be featured.
Similar to what I did in my Sleeper Markets promo code review, my first action was contacting Gemini support to get information about promos. I was informed that the platform regularly offers time-limited bonuses to traders, but they have expired. However, I noticed that several other promotions are featured on the website that cater specifically to active traders in the prediction markets. Here’s a quick rundown of how they work.
The purpose of the Maker Rebate Program is to increase liquidity, which then improves market depth and tightens spreads. It’s designed to incentivize eligible market participants to provide resting liquidity to the order book via maker orders. For context, these maker orders are those that don’t match immediately and rest on the order book.
The maker rebates are calculated as a percentage of taker fees and are rounded down to the next cent. To qualify for a rebate, your maker order must match with an execution price that falls within the eligible price band. Rewards are paid daily in USD at 5 PM (ET). The current rebate rates, which I found listed on Gemini Predictions are as follows:
| Prediction markets | Rebate rate |
|---|---|
| Crypto and commodities | 0.30 |
| Politics | 0.30 |
| Sports | 0.30 |
| Economics | 0.30 |
| All other markets | 0.30 |
The Liquidity Rewards Program is implemented alongside the Maker Rebate Program on Gemini Predictions. It’s designed to tighten spreads, deepen books, and bootstrap all trading activity on selected events. What happens is that as your maker rewards fills, liquidity rewards will pay you daily for the quality of your resting orders, even when these orders don’t fill.
Each eligible event will have a daily prize pool in USD, but the exact size and duration will vary and are subject to change. However, the daily pool sizes typically range from $10 to $1,000 per day, with the least daily payout being $1. At the end of the day, the pool is split among makers based on the quality of resting orders that were kept on the book throughout that day.
Two types of liquidity pools are usually assigned, and they are:
The Taker Rewards Program is the most recent addition to the promotions lineup at Gemini Predictions. It’s designed to promote active trading and deepen prediction markets by rewarding eligible participants who successfully provide taker volume to the order book. Rewards are paid out in two ways, which are:
All daily and monthly bonuses in this program are paid in USD and are subject to a $1,500,000 cap. Also, no individual participant is allowed to receive more than $250,000 in aggregate rewards under the program.
In addition to the rebate and reward programs, Gemini also offers platform-wide promotions. This is similar to what I noticed during my DraftKings Predict promo code search as well. These offers aren’t time-sensitive, and I’ve taken my time to explain them below.
You should remember, though, these promotions aren’t designed specifically for Gemini prediction markets. However, as a contract trader on the platform, you’re not restricted from participating.
As a registered and verified member of Gemini, it’s important that you remain active and consistent with your contract trading. One of the main benefits of increased activity is that you’ll be better positioned as being eligible for participation in these programs. In the affiliate program, for instance, you can invite friends to register on Gemini, and in return, you’ll receive $25 in bonus credits on each qualifying affiliate.
However, participation in Gemini’s affiliate program isn’t automatic. You’ll need to first send an application, which will then be reviewed before you’ll be given a link to send to your friends. Usually, access is granted mainly to those with a large social media following, since there’s a bigger chance of successfully converting visitors to active platform users.
The referral bonus works in a similar way, but the participation rules are more relaxed. You still need to be an active user of the platform, but the program isn’t targeted at only influencers with the capacity to pull a following. Instead, all you have to do as a registered Gemini trader is to get your link from the “Rewards” tab and send it to your close friends.
Those who sign up using your link and verify their accounts will be regarded as qualifying referrals. However, they’ll need to accumulate a trading volume worth $100 within the first 30 days of registration on the website. In return, both you and the referral will receive a $50 bonus each in any supported cryptocurrency of your choices.
If your intention is to take advantage of promotions on the Gemini platform, the most important thing you need to do first is register. Here, I’ve outlined the registration process in short steps to help you get started today.
Start by clicking any of the banners on this page, which will take you to Gemini Predictions.
Tap the orange-colored “Get Started” button on the homepage.
If you’re using a mobile phone, you’ll be redirected to the relevant app store to download the app.
After installing the application, quickly register using your Apple or Google editor.
You can also sign up with an email, but you’ll need to provide some personal information alongside it. Some of these include your date of birth, residential address, and Social Security Number (SSN).
Now, verify your email address and make a first deposit to fund your trading account.
Finally, head to the prediction markets to start making event predictions. With increased trading activity, you’ll become eligible for various bonuses and promotions at Gemini.
Like I mentioned on my Coinbase promo code page, KYC verification is a mandatory requirement for US users at prediction markets. If you’re not prompted to begin one after registration, simply go to your profile and initiate it. The earlier your identity is verified, the more enjoyable your prediction market experience will be on the Gemini platform.
After evaluating the promotions on Gemini Predictions, it’s clear that you won’t find a welcome bonus for prediction markets. While this may disappoint some new users, Gemini makes up for it by featuring several ongoing reward programs to encourage consistent participation.
From my checks, none of these offers are tied to a Gemini promo code, so you don’t need to go searching for any. If you’re looking to benefit from the available bonuses at Gemini Predictions, you can get started today by clicking any of the banners on this page.
No, Gemini Predictions doesn’t currently ask users for a promo code during registration. All that’s needed is for you to create and verify your account to access the available promotions on the platform.
For now, the featured promotions on Gemini for contract traders are rewards and rebate programs. Some include the Maker Rebate Program, Liquidity Rewards Program, and the Taker Rewards Program.
The Maker Rebate Program rewards traders who place eligible maker orders that add liquidity to the order book. Qualifying participants are offered daily USD rebates based on the applicable taker fees.
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