How Do I Withdraw Crypto from My Gemini Account? (2025 Guide)

Tech Blogger
User withdrawing cryptocurrency from a Gemini account on a smartphone with Bitcoin icons and a bank symbol on a blue background.

Editor’s note: This tutorial is for educational purposes and is not financial or tax advice. Always verify details in your Gemini account and the official help center.

Quick answer: To withdraw crypto from Gemini, open the app or website > go to Transfer > Withdraw > choose your crypto > enter the recipient address (and memo/tag if required) > confirm the network > review fees & limits > complete 2FA > submit. Your transaction will broadcast on‑chain and confirm after network finality.

Crypto Withdrawal vs. Cashing Out

On Gemini, you can do two different “withdrawals,” and it’s important to pick the right one:

  • Withdraw Crypto (on‑chain): Send your coin/token from Gemini to another wallet or exchange address on a blockchain network (e.g., send BTC to a Bitcoin address, ETH to an Ethereum address).
  • Cash Out to Bank: Sell your crypto for USD first, then withdraw USD to your linked bank via ACH or wire. This is not a crypto on‑chain withdrawal.

This guide focuses on withdrawing crypto on‑chain.

Before You Start: Safety & Requirements

  • Verification & 2FA: Ensure your Gemini account is identity‑verified and Two‑Factor Authentication (2FA) is enabled.
  • Address Whitelisting (Recommended): Add and whitelist recipient addresses you trust. Note that enabling/altering whitelists can trigger a security cooldown (often up to 24 hours) before withdrawals are allowed.
  • Correct Network: Only withdraw on the network supported by your recipient wallet. For example, don’t send ETH on an L2 if the recipient expects mainnet, and don’t send tokens on the wrong chain.
  • Memo/Tag Requirements: Some assets (e.g., XRP, XLM) require a Destination Tag/Memo. Omitting it can result in loss of funds.
  • Sufficient Balance for Fees: Withdrawals incur network fees (and sometimes platform fees). Make sure your balance covers this.
  • Recent Security Changes: Password resets, new devices, or banking changes can temporarily pause withdrawals as a security measure.

How to Withdraw Crypto on Gemini (Mobile App)

  1. Open the Gemini app and sign in with 2FA.
  2. Tap Transfer (or the equivalent wallet icon) > choose Withdraw > Crypto.
  3. Select the asset you want to withdraw (e.g., BTC, ETH, SOL).
  4. Paste or scan the recipient address. If required, add the Memo/Tag.
  5. Choose the network (if Gemini supports multiple for that asset). Confirm it matches the recipient’s supported network.
  6. Enter the amount to send (toggle between crypto and USD value as needed).
  7. Review the withdrawal summary: address, network, amount, and fees.
  8. Complete 2FA and tap Confirm to submit.
  9. Track status under Transfer or Earn/Portfolio > History. You’ll see “Pending” until it broadcasts and confirms on‑chain.

How to Withdraw Crypto on Gemini (Desktop)

  1. Go to gemini.com and sign in with 2FA.
  2. Click Transfer > Withdraw > select Crypto.
  3. Pick the asset, then enter the recipient address and Memo/Tag if applicable.
  4. Select the network (if options exist) and verify it matches the recipient.
  5. Enter the amount and review the fee and estimated arrival.
  6. Confirm via 2FA and submit.
  7. Monitor the transaction in your account history. Click the transaction hash to view on a blockchain explorer.

Fees, Networks, and Limits

  • Network Fees: Withdrawals pay a blockchain network (miner/validator) fee that varies by traffic and asset.
  • Platform Fees: Depending on the asset and account type, Gemini may pass through or charge a withdrawal fee. Review the in‑app quote before confirming.
  • Limits: Daily/monthly withdrawal limits can vary by verification level, account age, and region. If you see a limit error, request a limit increase or split your withdrawal.
  • Confirmation Times: Bitcoin may take multiple block confirmations; Ethereum times vary with gas conditions; some networks confirm in seconds, others longer.
  • Unsupported Routes: Only withdraw an asset to a compatible address. For example, do not send BTC to an ETH address.

Tip: For large transfers, send a small test transaction first. Confirm receipt, then send the remainder.

Troubleshooting Common Issues

  • Pending or On Hold: Recent security changes, whitelisting updates, or compliance checks can delay withdrawals. This usually clears automatically, or contact support.
  • Wrong Network: If you withdrew on the wrong network, recovery may be difficult. Contact the receiving platform’s support immediately with the TxID.
  • Missing Tag/Memo: For XRP/XLM and similar assets, provide the exchange/wallet support with your TxID, address, and memo to request a credit. Success isn’t guaranteed.
  • Address Format Errors: If the address is invalid, Gemini will block submission. Double‑check the exact string and network.
  • Exceeded Limits: Reduce the amount or request a temporary/permanent increase from Gemini.

Safety Checklist (Read Before You Click Confirm)

  • Verify the first and last 6 characters of the address match your intended recipient.
  • Confirm the correct network and whether a memo/tag is required.
  • Use a hardware wallet or a reputable receiver.
  • Beware of clipboard malware: paste, then re‑check the address character‑by‑character.
  • Enable address whitelisting and withdrawal notifications.
  • Start with a small test send for new destinations.

U.S. Tax & Record‑Keeping

Withdrawing crypto is generally not taxable by itself. However, the underlying activity (e.g., if you sold or swapped assets before withdrawing) can create a taxable event. For U.S. users, keep:

  • Transaction records (dates, amounts, fees, TxIDs)
  • Cost basis and proceeds for any trades prior to withdrawal

Consult a qualified tax professional for your situation.

FAQs

How long do Gemini crypto withdrawals take?

Once submitted, withdrawals depend on network congestion and required confirmations. Many finalize within minutes, while Bitcoin or busy networks can take longer.

What fees will I pay to withdraw crypto from Gemini?

You’ll pay the blockchain network fee and, in some cases, a platform withdrawal fee. The app shows the exact fee before you confirm.

Can I cancel a crypto withdrawal after submitting?

On‑chain transactions are irreversible once broadcast. If it’s still “Pending” internally, cancellation is rarely possible—contact Gemini support immediately.

Why is my withdrawal disabled or on hold?

Recent password resets, new device logins, whitelisting changes, or compliance checks can trigger temporary holds to protect your account.

What’s the difference between withdrawing crypto and withdrawing USD?

Withdrawing crypto sends assets on‑chain to another wallet. Withdrawing USD requires selling your crypto for dollars first, then moving funds to your bank.

Do I need a memo or destination tag?

Some assets such as XRP and XLM require a tag/memo when sending to exchanges or custodial wallets. If your recipient provides one, you must include it.

What if I sent to the wrong network?

Recovery is uncertain. Contact the receiving platform with your TxID right away. Always verify the network before sending.

Are there withdrawal limits on Gemini?

Yes. Limits vary by verification level, account age, and region. Check your account’s withdrawal section for current limits.

Conclusion

Withdrawing crypto from your Gemini account is straightforward once you confirm the address, network, and any required memo/tag. Review fees and limits, use 2FA and whitelisting, and start with a small test send when using a new destination. For the latest policies or asset‑specific rules, always verify inside your Gemini account and in the official support documentation.

Author: Steaven Hawk, Editor at HiTechBlogging.com

Reviewed: November 2025

External reference: Gemini Help Center (for current fees, limits, and asset support)