Last updated on July 30th, 2021

When you want to earn interest on your crypto, you may have encountered 2 different platforms: Gemini Earn and BlockFi. Both of them seem to be rather reputable, so which one should you be choosing? Here’s what you need to know.

The difference between Gemini Earn and BlockFi

Gemini Earn allows you to earn interest on a larger number of cryptocurrencies compared to BlockFi. However, they may lend out your funds via unsecured loans, while BlockFi overcollateralizes your loans. Your funds may be more secure when you lend them out with BlockFi. Here is an in-depth comparison between these 2 platforms:

Founder

Gemini was founded in New York in 2014. Gemini is a regulated cryptocurrency exchange that is found in 50+ countries! BlockFi was founded slightly later in 2017, and they are headquartered in New York too. Meanwhile, BlockFi has a smaller...