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A few weeks later, MakerDao increased the number of Gemini Dollars that could be exchanged for Daifrom $60 million to $500 million. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Paste the address you want to withdraw to and select the network. I've tried on my Android and it just takes me back to the app with an error. This does not impact any other Gemini products and services. It also say I'm not able to withdraw my from my account.So I can't buy, I can't sell, I can't withdraw.Money is stuck in assets I bought several days ago. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Your account is now unfrozen and you may continue to use Gemini as normal.. It is common for some problems to be reported throughout the day. You need to enable Javascript to view this site properly. The same happened to me. An Important Message Regarding Gemini Earn | Gemini Yes having the same issues for past couple of days.. dont know why though. Now, the FTX collapse seems to have impacted the entire crypto space. The delays are due to Genesis Global Capital's announcement today that it would pause withdrawals on its lending platform. With all of this money leaving the crypto industry, its unlikely that investors will continue to invest like they did in 2021 when there was a positive sentiment about the future of cryptocurrency. Kucoin down? Current problems and outages | Downdetector Sino Global, a crypto-centric investment company, announced it had a "mid-seven figures" exposure to the exchange on Tuesday. In our example, we are withdrawing BTC. Since Friday, Coinbase users who hold the cryptocurrency Cardano (ADA) have been unable to send or receive the digital asset from the platform. FTX fallout hits Silvergate, bitcoin | Fox Business How to withdraw cryptocurrencies from your Kraken account A screenshot of the email Gemini and Gemini Earn investors received on November 14, less than 48 hours before Gemini announced all Earn funds were frozen. Sign in to your Kraken account and navigate to Funding. Cookie Notice Again. Gemini said that the move "does not impact any other Gemini products and services.". The company brought up how they are a full-reserve exchange and custodian. A Genesis document seen by the Wall Street Journal said: There is an ongoing run on deposits driven mainly by retail programs and partners of Genesis (i.e., Gemini Earn) and institutional clients testing liquidity.. You can activate Portfolio Protection at any time to better protect your gains and reduce your losses. Genesis services the crypto exchange's Earn product, which lets users earn interest for depositing idle crypto. An earlier version of this article stated that sections of Geminis terms of servicespertaining to Geminis relationship with Gemini Dollar, and users right to pursue legal action against Gemini in courthad changed as part of the 12/15 term of service change, when they had not. So I just got a message saying my wire transfer was succesful. Please note: this article covers withdrawing your fiat from Gemini to . It was announced that Gemini is working with Genesis to allow users to redeem the funds as soon as possible. Log In Sign Up. Genesis revealed that it has $175 million tied up with FTX.