Crypto Invest

How To Transfer From Gemini To Celsius

How To Transfer From Gemini To Celsius

Last updated on June 13th, 2021

You may have bought some crypto on Gemini, and may be looking to transfer your crypto to Celsius.

This is because Celsius generally has better interest rates compared to Gemini Earn!

Here’s what you need to know about this process:

How to transfer your crypto from Gemini to Celsius

Here are 8 steps that you’ll need to transfer your crypto from Gemini to Celsius:

  1. Go to ‘Menu → Transfer’ on Celsius
  2. Select the coin you wish to transfer
  3. Copy the wallet address on the Celsius app
  4. Go to Gemini and select the cryptocurrency
  5. Select ‘Withdraw’ to send your currency to another wallet
  6. Select the amount of currency you wish to withdraw
  7. Paste the deposit address from Celsius as the destination address
  8. Review the withdrawal before confirming the transaction

#1 Go to ‘Menu → Transfer’

When you’re on the Celsius app, you would need to go to the Celsius menu and tap on ‘Transfer‘.

Celsius Transfer Page

#2 Select the coin you wish to transfer

When you’re on this screen, you’ll need to select the currency that you wish to transfer into Celsius.

Celsius Select Bitcoin As Deposit

#3 Copy the wallet address on the Celsius app

After you select a currency, you will be given a wallet address.

Celsius Deposit Bitcoin Page

If you are depositing Bitcoin from Gemini to Celsius, you may want to take note that Gemini supports sending to SegWit addresses.

As such, you are able to copy the address that you see immediately!

Your wallet address is one long string of letters and numbers. It is very important that you copy it letter by letter!

If you make any mistake in the wallet address, your crypto will be lost forever!

As such, the best way will be to copy your wallet address directly.

#4 Go to Gemini and select the cryptocurrency

Once you’ve obtained the deposit address, you can now go onto Gemini’s platform.

You’ll need to select the cryptocurrency that you wish to deposit to Celsius. This can be done in the ‘Portfolio’ section.

Gemini Select Crypto From Portfolio

#5 Select ‘Withdraw’ to send your currency to another wallet

After selecting the currency you wish to transfer, you’ll need to select ‘Withdraw‘.

Gemini Withdraw BTC

#6 Select the amount of currency you wish to withdraw

After that, you’ll need to select the amount of crypto you wish to withdraw.

Gemini Select Amount of BTC To Withdraw

#7 Paste the deposit address from Celsius as the destination address

You’ll be asked to paste the address that you wish to send your crypto to.

Gemini Deposit Bitcoin To Celsius

You can either scan the QR code, or paste the wallet address that you’ve copied from Celsius.

#8 Review the withdrawal before confirming the transaction

You’ll be able to review the details of your withdrawal, before confirming it.

Gemini Deposit Bitcoin To Celsius Review Withdrawal

After the confirmation, your crypto will start being sent to Celsius.

The withdrawal may take a while to reach your Celsius wallet. This really depends on how active the network is at the point of your withdrawal request.

As such, you may need to wait a while before you can receive your crypto on Celsius.

From there, you are able to start earning interest on your crypto!

Conclusion

Gemini is a great platform to send cryptocurrencies to another platform. This is because you will not be charged for your first 10 withdrawals per month!

As such, you can consider buying your crypto using Gemini’s Active Trader platform, before sending it over to another platform.

After sending your crypto to Celsius, you can start earning interest on them!

👉🏻 Referral Deals

If you are interested in signing up for any of the products mentioned above, you can check them out below!

Celsius Referral (Earn $40 USD in BTC)

If you are interested in signing up for a Celsius account, you can use my referral link.

Alternatively, you can enter my referral code ‘174656489c‘ when you are on the sign-up page.

Celsius Referral

Here’s what you need to do to earn the $40 USD reward:

  1. Sign up for a Celsius account
  2. Verify your account
  3. Transfer a minimum of USD $400 worth of cryptocurrency into your wallet for the very first transaction
  4. Hold your balance for at ≥ 30 days
  5. Receive $40 USD worth of BTC in your Celsius account (after 30 days)

The reward will only be unlocked 30 days after your initial transfer of $400 USD.

Celsius Referral BTC Reward

Gemini Referral (Earn $10 USD in BTC)

If you are interested in signing up for a Gemini account, you can use my referral link.

You will be able to receive $10 USD in BTC!

Gemini Referral

Here’s what you need to do:

  1. Register for a Gemini account
  2. Trade ≥ USD $100 or equivalent on Gemini’s platform
  3. Receive USD $10 worth of BTC in your account

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