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Gemini Predictions Bonus Review: $20 in BTC

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Overview

Can I withdraw my bonus from Gemini Predictions?

Bonuses

Pros & Cons

Published:
Updated:
Brent BooherSenior Writer
Alex Ford
Fact Checker
If you are looking for a Gemini Predictions welcome bonus, we have a real treat for you. Not all prediction market sites offer trading bonuses, so we were glad to see that’s not the case here. As of right now, if you open an account with Gemini Predictions, there’s $20 worth of Bitcoin waiting for you. Just make sure that you trade $100; otherwise, you will not qualify. So, you might not get this bonus straightaway, but it could be a nice reward to wait for as you work towards the eligibility requirements.

What is the Gemini Predictions sign-up bonus?

As you saw at the outset of this guide, there is a $20 worth of Bitcoin bonus available for new traders. To activate this bonus, you will need to buy event contracts up to the value of $100. It doesn’t need to be all at once, so there’s no rush here. Remember, Bitcoin is a highly volatile cryptocurrency. So, while this bonus mentions that you are given $20 worth in Bitcoin, this will fluctuate. The important part is that you are given the BTC value of $20, which is determined at the time of your bonus arrival.

Your options: What you can do with the bonus

Unlike other trading bonuses, you have a few options here. Many other prediction market sites give you promotions that must be used to buy event contracts or similar. That’s not how this bonus works. As you would have been given $20 in Bitcoin, it’s fairly flexible in some ways. As it stands, here are your two options:
  • Hold on to your Bitcoin bonus.
  • Convert it into USD to buy event contracts.
If you choose to hold your bonus, you should keep in mind that your bonus could rise or fall in value. Bitcoin is volatile, so its value does change. It could be risky, but you could potentially get more than $20 in Bitcoin by holding it, or you could lose some of the value. Either way, you can hold on to it for as long as you wish – days, weeks, months, or years. Alternatively, you can convert it into USD when you feel that the value is good enough. If you are quick, then you could get the whole $20 value from your Bitcoin bonus. With cash in your Gemini Predictions account, you could use it to buy even more event contracts. Depending on the price of the contracts, you could get at least 20 contracts with the bonus. So if you did a sports review of the prediction markets at Gemini Predictions and want to buy a contract on a few sports events you’re following, you can definitely use this sign-up bonus.

How to claim the sign-up bonus as a new trader

The registration process is straightforward. You don’t need to jump through many hoops at all, thankfully. You also don’t need to enter a promo code, so that’s one less thing for you to remember. We claimed this bonus during our Gemini Predictions prediction markets review, so here’s a step-by-step guide based on our process:
  1. Follow the on-page links to load the Gemini Predictions website.
  2. Click the ‘Get Started’ button.
  3. Enter your email address and state.
  4. Verify your email address by entering the OTC.
  5. Create a secure password for your account.
  6. Enter your phone number and the OTC you were sent.
  7. Deposit funds into your new account.
  8. Trade at least $100 on the prediction markets.
  9. You will receive $20 in Bitcoin.

Are there any ongoing promotions at Gemini Predictions?

When we explore a new prediction market site for the first time and do an extensive editorial process review, we are on the lookout for bonuses and promotions. Honestly, many prediction market sites have limited bonuses, so finding the odd reward instead of a dedicated promotions page isn’t unusual. While it would be nice to find a few more trading bonuses now, the prediction markets scene is improving with this. At the time of writing, we couldn’t find any other promotions at Gemini Predictions. The only bonus we came across was the welcome bonus, as highlighted on this page. However, the fact that there’s a sign-up bonus at all is positive news. It means that the platform is open to rolling out rewards. So, we can hope that there will be more promotions in the future. For now, here’s a list of popular bonuses that you might find at Gemini Predictions if things change:

Deposit match bonuses

Deposit bonuses are gaining popularity in the prediction markets scene. It’s not completely uncommon now to find a deposit match bonus from time to time. This bonus works by matching your qualifying deposit. For example: 100% deposit match, up to $250. With this bonus, you would need to make an initial deposit to unlock a 100% match. So, let’s say you deposit $50. You would then get a $50 bonus, giving you a total of $100.

Rebate reward

This type of bonus does what it says on the tin. If you make an incorrect prediction, you will then get a refund up to a specific limit. The refund usually arrives in bonus credit, which isn’t withdrawable. To give you an idea, this is how it might appear: Get a rebate on any trade during the promotional period.

Referral program

Referral programs are actually relatively popular at prediction market sites, so it was surprising not to find one yet. In fact, we encounter more referral bonuses at prediction market sites than most bonus types. The format of this reward system is fairly flexible, but commission-based rewards are popular. For example, you might get a commission on the amount your referred friends spend within a specific timeframe, such as their first 30 days. gemini predictions brand - image

Quick facts about Gemini Predictions and promotions

Still have a few questions? We have spent a lot of time at Gemini Predictions, so here are the main questions that we keep seeing from users:

1. When will my sign-up bonus arrive?

You can expect your $20 Bitcoin bonus to land in your account within a few minutes. It might not be instant, but it’s as good as that. Either way, it shouldn’t take too long for the offer to be processed, as it’s done automatically. As soon as you have traded $100, your bonus will be on its way. If you think that your bonus should have arrived by now, but hasn’t, you can discuss this with the support team via live chat for quick resolution.

2. I’m not sure what to do with my bonus – help!

It’s okay to feel a little unsure about what to do with your $20 Bitcoin bonus. When you are feeling this way, it’s best to keep your bonus for the time being. There’s no point in making a decision to later regret it. Have a think about what you want to get out of your bonus. Do you want to use it for trading, for example? Take your time to think about what you want from it.

3. Can I end up losing my bonus?

Once you have claimed your $20 Bitcoin bonus, you can only lose it if you end up converting it into USD and then using it to make predictions. There’s always a chance that your prediction will not end up happening, resulting in your event contract settling at $0. If this happens with the whole value of your bonus, then, yes, you can wind up losing your bonus. But this is all about managing your expectations with what could happen when forecasting outcomes.

4. Do I need to activate my bonus?

No, not as such. Depositing and trading $100 is enough for you to unlock the welcome bonus. There isn’t a promo code to enter or a button to press to opt in. Simply create your account and start trading. Once you have hit the minimum $100 trade amount, your bonus will then be credited to your account.

5. I already have an account – can I claim the welcome bonus?

No. Welcome bonuses are strictly available for new traders only. If you already have an active account or you have opened an account before at Gemini Predictions, then you are not eligible. However, if you have an account and have not traded before, then there’s a chance that you can still get the bonus. This is because the bonus is attached to your first $100 in trades. If you’re unsure, you can contact the support team to clarify your eligibility.

Conclusion: Gemini Predictions is waiting with a special bonus

To welcome you to the site, Gemini Predictions will give you a Bitcoin bonus. If you trade at least $100, you will receive $20 in Bitcoin. It’s a unique offer because it’s not something we have encountered at a prediction market site before. It’s technically not a trading bonus, but it has the potential to give you funds that can be used to buy event contracts. While it’s not a trading bonus we had expected to find, it has a lot more potential than a regular $20 bonus credit would offer. Instead of being forced to use it to buy event contracts, you have an alternative option. You can decide to hold on to your Bitcoin to see if the value will rise or fall. This flexible offer gives you options, which is more than most trading bonuses can say. Overall, this bonus is a great way to get started at Gemini Predictions, especially when we compare it to other standard trading rewards. If you want to claim this bonus for yourself, all you have to do is click the promotional banners on this page.

Gemini Predictions registration bonus FAQs

Are any payment methods excluded from this bonus at Gemini Predictions?

No. You can use any of the supported payment methods, without any limitations. You can use debit cards, Google Pay, Apple Pay, PayPal, and more. Just make sure that you check the deposit fees, because some banking options incur fees.

What prediction markets can I use the Gemini Predictions bonus on?

If you decide to convert your Bitcoin bonus into USD and use it for trading, your options are wide open. You will be free from any restrictions, giving you access to sports, politics, crypto, economics, weather, commodities, and more.

Can I claim the bonus from the Gemini Predictions app?

Yes, of course. The bonus is available on all platforms, so you will not miss out regardless of how you prefer to get involved. In our experience, the site and app offer the same features.

Can I withdraw my bonus from Gemini Predictions?

Yes, but not as it is. If you want the cash value of your Bitcoin in USD, then you will need to convert it first. After that, you can do what you wish with your USD.
About the Author: Brent Booher

Die-hard sports fan and overall lover of everything sports betting. Best bet ever placed was a $20 wager on Manchester United to win by the exact score of 3-1 in the 2019 Champions League at 80:1.

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