Best Crypto Savings Accounts Earn Interest & Make Passive Income

Put your crypto balance to work. With these crypto savings accounts, you can receive up to 12% APY on your cryptocurrency.

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Why bother putting money into a regular savings account with low-interest rates that are out right now? You might as well hide it under your mattress with a dismal 0.25% rate of return. A crypto savings account, on the other hand, may provide you with a decent sum of money quickly.

Rates will differ, but it's not unusual for crypto interest accounts to produce high yields of 4% to 8%. And they may go even higher. It's your best bet to improve the overall return on your crypto holdings.

Not just any old cryptocurrency savings account will do. We understand that you'll want to be picky. That's why we've compiled a list of the finest crypto exchanges available. Here are our top eight picks.

Best Crypto Savings Accounts

Check out the best crypto savings accounts to make money instantly on your crypto holdings:

1. – Up to 6.3% on stablecoins is a premier cryptocurrency exchange that offers low fees and an extensive list of around 60 cryptocurrencies, including its own CRO. Account minimums vary depending on the type of money you keep and how long you intend to keep it for.

For those with huge funds, cardholders can get a pre-paid Visa card with cash back incentives up to 8%. For everyone else, there's the Midnight Blue card, which returns 1% cashback. Users may put money on their cards by electronic bank transfers or wire transfer.

Best for: is ideal if you want to keep assets for longer than three months or can stake $50,000 in CRO.

What you should know:

The site is difficult to use, and the trading fee structure appears to be complex for novices. Furthermore, though there are over 100 coins available, 40 of them aren't available in the United States, and another 35 aren't accessible in every state.


See the latest bonuses here.

Where to start:

Calculate your reward potential on

2. Coinbase – Up to 1.50% on stablecoins

Coinbase is a cryptocurrency exchange and one of the most popular locations to buy Bitcoin and other cryptocurrencies. Its savings account is the newest member of the club. The interest account provides a wide range of currencies with small minimum deposits needed.

They have a simple, top-rated mobile app with additional features. There's a big range of beginner tutorials, crypto hints, and lessons in the app. You may also get free cryptocurrency by enrolling in certain courses.

The current APY for USD coin is 1.50% compounded monthly. Because Coinbase is said to be more rigorous in its lending procedures, the yield is relatively modest.

Best for:

Coinbase offers a wide range of features for novice investors, making it an ideal platform. The robust trading platform is perfect for experienced traders who wish to make Bitcoin transactions and earn interest on there holdings.

What you should know:

Coinbase charges a high 0.50% fee on every transaction, which few people are willing to pay for tiny purchases. On most currencies, interest rates are little. More experienced traders may want more sophisticated trading tools and low trade costs.


You'll get $10 in free Bitcoin when you buy or sell $100 or more in crypto.

Where to start:

Learn more and earn crypto for your Coinbase account.

3. Nexo – Up to 10% on stablecoins

With no account minimums and a tiered withdrawal system, Nexo allows you to make instant transfers with no fees or restrictions. You may withdraw any amount for free up to the percentage of NEXO tokens you possess. A Mastercard debit card is also available.

You can store 24 different cryptocurrencies, stablecoins, and other digital assets in your account. Stablecoins paid an APY of up to 10% on a daily basis. NEXO token owners earn bigger interest rates on savings accounts. Daily compounded interest is credited to your account, so there's no need to wait a month to begin earning passive income.

Despite the fact that the platform is jam-packed with features, it is geared toward novices. It's simple to learn and even easier to get started.

Best for:

The clean layout and shallow learning curve appeal to newcomers. Long-term cryptocurrency investors will appreciate the limitless withdrawals.

What you should know:

There are fewer instructional resources than some of the competition if you want to learn more about trading crypto.


Еnter the world of crypto today and get $10 worth of Bitcoin.

Where to start:

Make your idle cryptocurrencies work for you with Nexo.

Key Things to Remember about Crypto Savings Accounts

Most users prefer stationary crypto exchanges to BTC ATMs. These crypto exchanges listed here offer interest on your savings. But you should know that savings accounts for cryptocurrencies are unlike regular high-yield savings accounts in many ways.

It's more than simply a currency or a digital asset. While few people are familiar with the technicalities of blockchain and cryptography, the most essential things to know are rather straightforward.

FDIC Insurance

A crypto account is, in fact, an investment. There is no assurance that you will get your money back if the firm folds or for any other reason. As a result, it's critical to stay with well-established firms like the crypto savings account mentioned in our list.

Private Key

When you contribute to a crypto savings account, the money is there for others to borrow for a limited time. You give up control of your private key in order to allow them access to it. As a result, unlike conventional bank savings accounts, the funds are not dormant. In exchange for using your cryptocurrency, the lender pays interest.


It's many times more than what you might make on a credit union savings account. This is basic economics at its finest. Banks make money by offering to lend the funds they keep. However, crypto banks do not have access to cash. They must entice investors like you in order to function. To be able to attract investors like you, they will pay you a higher interest rate on your crypto.

Hedge Against Loss

Another benefit of crypto savings accounts: you'll earn interest even if your currency loses value.


Traditional banks allow you to make six withdrawals each month. The majority of crypto banks, on the other hand, limit how many times you can withdraw. Some allow one free withdrawal; others charge a fee for each withdrawal. Remember that cryptocurrency accounts are speculative investments.


Compounding is the process in which interest is earned on your principal. Compound interest isn't paid by certain crypto savings accounts. All of the platforms mentioned here compound their profits. Of course, be sure to calculate the projected APY before discounting non-compounding accounts.

Start Earning Passive Income with Cryptocurrency

The most essential point is that cryptocurrencies, such as Bitcoin, are a type of asset. It comes with a degree of risk. So you should think about how crypto fits into your overall financial plan and whether you can handle all of the thrilling suspense.

A lot of investor mistakes have resulted in a lot of money by buying the proper cryptocurrency at the right moment. But, no matter how you invest your money, make sure you're diversified and know what you're getting into.

You may make more money than you would if you waited for your cryptocurrency to appreciate in value. Deposit your funds in one of these crypto savings accounts and begin earning passive income immediately.

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Brian Meiggs
Brian Meiggs
Every day we put together original stories that help you conquer each day a little better. Consider us your secret tool to get your life done right. Brian Meiggs is the founder of Whippio anD and has a love for digital marketing, entrepreneurship, and personal finance. His mission to give you the resources and inspiration you didn’t realize you needed to own your life and love it

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