Since the traditional bank interest rates have been going down, many people have turned to cryptocurrencies because they have better annual percentage yields. Investors can generate up to 15% APY on cryptos and stablecoins such as Bitcoin and Tether.
If you are looking for the best way to earn interest in cryptocurrency, the best thing to do is look for the best crypto-saving platforms and start the program.
Fortunately, we have compiled some of the most popular crypto-saving platforms on the web. We will discuss how to earn interest in cryptocurrency to help you make the right decisions. But before that, here is a general process on how to create an account with a crypto saving platform and get started:
- Choose a platform and complete the signup process.
- Deposit the coins of your choice such as BTC, ETH, USDT, or USDC from your wallet.
- Start earning your interest immediately
Earn Interest on Cryptocurrency on Hodlnaut
So, does bitcoin earn interest? Yes, it does on Hodlnaut. This is one of the most popular crypto-saving platforms on the web today and you can access it from any part of the world through the web or an app.
According to their website, investors earn up to 12.73% APY on various cryptos. They accept BTC, ETH, USDC, and USDT, among others. Once you open an account and make a deposit, you start to earn interest on cryptocurrency immediately.
The best part is that they have weekly payouts done directly to your wallet. Lastly, Hodlnaut does not restrict you from topping up or withdrawing your investment at any time.
Get More Interest with YouHodler
If you are interested in a platform to help you make interest in crypto, try YouHodler. It has evolved to become the best for its high APY of up to 12.5%, highly secure platform, and user-friendliness.
What’s more is that Youhodler has integrated other products such as exchange, which allows investors to withdraw their interest in other currencies.
YouHodler could become the best crypto saving account and a choice for many crypto investors in the near future because it handles dozens of digital assets. If you check reviews on the web, thousands of users have positive reviews about the platform.
Earn Interest on Cryptocurrency on BlockFi
Another platform to help you earn interest in cryptocurrency is BlockFi. The platform has become a large digital finance institution regulated at the Federal level in the USA. However, their crypto-saving services are accessible online from any part of the world.
Although BlockFi does not have the highest APY on the market, most investors prefer to be on this network to make interest in crypto and enjoy many other benefits. For instance, there is a bonus of up to $250 upon signing up.
Whether you are looking for bitcoin interest rates or that of any other digital asset, the above platforms will serve you the best. They are the best when you want to earn interest in cryptocurrency while enjoying secure platforms that safeguard your investment.
Although there are many other platforms, these are among the best. So, make the right decisions for your situation.