Genesis Global Trading Reviews and details

Social recommendations and mentions

• No Ethereum rewards for 6 weeks on Grow staking

  "Gemini is partnering with accredited third party borrowers including Genesis, who are vetted through a risk management framework which reviews our partners’ collateralization management process. On a periodic basis we will conduct an analysis of our partners’ cash flow, balance sheet, and financial statements to ensure the appropriate risk ratios and healthy financial condition of our partners. Source: over 1 year ago

• FTX, Wrapped GME, Solana, IronForge Cloud, and Galois Capital?

  Genesis trading is a company that helps institutional investors tap into the crypto markets. Source: almost 2 years ago

• Thoughts on Genesis?

  I'm like 99% sure you're correct. https://genesistrading.com/. Source: about 2 years ago

• GUSD

  However, if your GUSD is in their Earn program, you essentially have what is called third-party risk. Essentially, Gemini has given your GUSD to Genesis. Genesis then uses those GUSD to lend to institutional investors, who are doing god knows what with the GUSD. The point of all of this is to say that if the institutional investor goes bankrupt, or if Genesis goes bankrupt, then you may not be able to get back... Source: over 2 years ago

• Exactly how safe is Gemini Earn?

  They partner with Genesis capital https://genesistrading.com/. I listened to an interview with Genesis about the Earn program and they have a slush fund to cover any defaults. Basically you are fine unless Genesis themselves go under which is unlikely. Source: over 2 years ago

• How is it possible to stake bitcoin in some of the bigger exchanges if bitcoin uses POW?

  Maybe they lend it to consumers, but I think more often they lend it to a large enterprise like Genesis that does institutional crypto lending on accounts greater than $250k in value. Genesis then lends it out to other institutions. Source: almost 3 years ago

• Big company wanting to buy bitcoin

  I am not sure if this post is serious at all though but if it is just have them reach out to https://genesistrading.com/ - one of the biggest and best institutional bitcoin brokers to do everything from OTC trades (source the coins) to custody it for institutions so that the CEO cant run away with the coins without board approval etc. They can and will service orders in your range easily. Source: almost 3 years ago

• I took out a 40k loan just over a month ago to buy bitcoin here is how it’s going:

  Most of these centralized platforms usually lend it through https://genesistrading.com/, which in turn lends it big players. Source: about 3 years ago

• I took out a 40k loan just over a month ago to buy bitcoin here is how it’s going:

  This money isn't loaned to regular joe shmoes, it's more complex than that. Most of these centralized platforms usually lend it through https://genesistrading.com/, which in turn lends it big players. You may ask, why would someone borrow at such insane rates? I don't have a clear answer, but most likely these people use it for DeFi plays that yield much more. For example, you can stake UST on Anchor (Terra) for... Source: about 3 years ago

• Two crypto lending platforms allegedly rumored to be ordered to shut down by NY AG

  Their "earn" product is handled by a third party/s ( https://genesistrading.com ). Source: about 3 years ago

• Just transferred a large percentage of my savings to GUSD earn.

  They also have a NYS bit license like Gemini does, which is notoriously difficult to obtain.. Check more out on their website: https://genesistrading.com/. Source: about 3 years ago