Gemini Exchange Introduces XRP Faucet
Struggling Gemini Exchange has included XRP Faucet on its platform and got cheers from the XRP community.
The Gemini inbuilt XRP faucet
Gemini has just added an XRP faucet to its platform to reward verified Gemini users with XRP. This faucet plan is probably to lure XRP fans to the Gemini platform, and it is attracting them too. Gemini has announced a pool of 4k XRP daily as its limit.
The SEC case is the reason
The SEC sued Gemini along with bankrupt Genesis (the holder of Gemini Earn funds) on January 12, 2023. Although the case isn't over and there is no end to the dispute between Gemini and DCG (the parent company of Genesis), XRP's victory over the SEC might have fueled Gemini.
The XRP Cheers
Gemini has already added support for XRP Ledger (XRP); XRP trade pairs with multiple fiat currencies were also listed, while an announcement of trade with crypto was also done. Even the XRP community has welcomed this; they consider Ripple's victory a victory for the crypto world.
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