How do I add a debit card to my account?

You can add a debit card to your account by going to settings, then funding sources methods. Please enter the name and billing address for your card, which must match the account holder. Following that, you must verify your card. Your bank statement will show three small micro- deposits. These fees will range between $0.99 and $1.99. (or an equivalent in your local currency). We’ll ask you to confirm the amount charged to your card in order to verify it. The charges will be reversed once they have been verified. It may take up to 14 days for the charges to be cancelled, depending on your bank.

Debit Cards can be used for a variety of purposes. Debit Cards could be used to make quick cryptocurrency purchases. They can’t be used to pay off your balance. Multiple cards can be linked to your Gemini account. Before making a purchase, you can set a default card or choose another card.

What are the card’s limitations and fees?

Using a debit card allows you to complete a trade instantly, and the funds will clear into our account within 24 hours, removing the withdrawal hold. You can also use your debit card to set up recurring purchases.

Limits

Purchases made with a debit card are subject to a $1,000 limit. This limit is reset 24 hours after your previous purchase. This limit cannot be increased by adding more cards. Your ACH limit and debit limit are unrelated and have no effect on one another.

Withdrawals

Please keep in mind that your debit card can only be used to execute trades and cannot be used to withdraw funds. After making a debit card purchase, you can only retract using a bank transfer (ACH) or wire withdrawal to a registered bank account.

Fees

When you use a debit card to make a purchase, a 3.49 percent fee is added to your order. See mobile fee schedule for more information on mobile fees available on Gemini Exchange Official Website.

Cards Accepted

Mastercard and Visa are accepted. Prepaid cards are not accepted. This is the process to link your debit card to your Gemini Exchange for transactions.