Key Takeaways
- Leading crypto interest accounts include Binance, Bybit and Crypto.com, each offering unique features and competitive interest rates.
- Distributing your investments across multiple accounts can maximize rewards and enhance security by mitigating risks associated with any single platform.
- Interest rates vary based on factors like the type of cryptocurrency, deposit amount, and lock-in period. Some platforms offer higher rates for longer lock-in durations or for holding native tokens.
- While these platforms implement robust security measures, it's prudent to spread your assets across different accounts to reduce potential risks.
So, you’ve got some crypto sitting around, and you’re wondering how to make it work for you instead of just letting it gather virtual dust? Good news—you can earn interest on it! Crypto interest accounts let you grow your stash over time, kinda like a savings account but with way better returns. But with so many options out there, which ones are actually worth your time?
A tip we recommend is signing up to several different crypto interest accounts. There are several reasons for this: 1) Many crypto interest accounts have higher rates for low deposit amounts. This means that if you deposit a smaller amount into each of them, you can access higher APY. 2) FREE crypto with sign up offers. Some crypto interest accounts offer free crypto if you are a new user, and deposit a minimum amount. By opening accounts with each of them, you can maximise the crypto you own. 3) It is safer to spread out your cryptocurrencies. While all the crypto interest accounts we recommend here are tested, and safe, there is always a small chance that a sophisticated hacker can breach the security of a platform. If you spread our your crypto assets across several different accounts, then even if one gets hacked, you won't lose all your funds.
| Where to earn interest | Features | Score | Sign Up |
|---|---|---|---|
Best flexible staking rates  | ☑️ Highest rates for flexible staking ☑️ Dual asset mining and liquidity mining available to earn higher rewards ☑️ No KYC required to use this exchange | 9.8 | Sign Up |
Earn interest on 350+ coins  | ☑️ Earn interest on a huge range of more than 350+ cryptocurrencies ☑️ High rewards when you lock crypto for 120 days ☑️ Largest crypto exchange in the world | 9.5 | Sign Up |
Best mobile app for staking  | ☑️ Easy-to-use mobile app where you can earn interest on crypto in a few clicks ☑️ Earn interest on 20+ coins, with 3-month fixed term giving the highest rewards ☑️ Use the Crypto.com debit card to receive cashback in CRO coins on every purchase | 9.2 | Sign Up |
The Top Crypto Interest Accounts: Individual Reviews
#1. Bybit - Best Flexible Staking Interest Rates
Deposit Fees: Free Withdrawal Fees: Depends on the cryptocurrency
BTC APR: 2.50% (flexible) ETH APR: 2.50% (flexible) USDT APR: 10.15% (flexible)
Bybit has emerged as the most popular platform for earning crypto interest, offering users a variety of ways to grow their digital assets. One of its standout features is Bybit Earn, which provides flexible and fixed-term options for generating passive income. With high annual percentage yields (APYs) on a range of cryptocurrencies, including popular assets like Bitcoin, Ethereum, and stablecoins, Bybit caters to both conservative and growth-oriented investors. The platform’s user-friendly interface simplifies the process, making it easy for both beginners and experienced crypto enthusiasts to start earning. Additionally, Bybit frequently launches promotions and bonus rewards, further enhancing the earning potential for its users.
Another key advantage of Bybit is its strong focus on security and transparency. The platform employs advanced encryption protocols, multi-factor authentication, and cold storage for the majority of user funds, ensuring assets are well-protected. Bybit also prides itself on offering 24/7 customer support and educational resources to help users make informed decisions. The seamless integration of trading, saving, and earning features creates a robust ecosystem where users can diversify their investments while maximizing returns. With competitive rates, a secure infrastructure, and a commitment to user satisfaction, Bybit stands out as an excellent choice for anyone looking to earn crypto interest effectively and confidently.
- Bybit offers competitive annual percentage yields (APYs) on a variety of cryptocurrencies, including popular tokens like Bitcoin, Ethereum, and stablecoins
- The intuitive interface makes it easy for both beginners and experienced users to navigate earning, trading, and saving options
- Bybit frequently runs promotions and bonus programs, enhancing users’ earning potential and providing added value
- With multi-factor authentication, advanced encryption, and cold storage for most funds, Bybit ensures a secure environment for its users
- Bybit supports fewer cryptocurrencies compared to larger platforms like Binance, which may restrict diversification opportunities for some users
#2. Binance - Most Cryptocurrencies Available to Earn Interest
Deposit Fees: Free Withdrawal Fees: Depends on the cryptocurrency
BTC APR: 0.28% (flexible) ETH APR: 1.62% (flexible) USDT APR: 9.31% (flexible)
Binance stands out as a top platform for earning crypto interest due to its comprehensive offerings and competitive rates. With a user-friendly interface and access to over 100 cryptocurrencies to earn interest, Binance allows investors to diversify their portfolios while earning interest on their digital assets. Its flexible savings feature enables users to deposit and withdraw funds anytime, providing liquidity without sacrificing returns. For those seeking higher earnings, the locked savings and staking options offer significantly increased interest rates, making it an attractive choice for both beginners and seasoned investors. Binance also frequently introduces promotional rates on popular tokens, ensuring its users stay ahead in maximizing their returns.
Security is another major reason Binance is a preferred choice for earning crypto interest. The platform employs industry-leading safety measures such as multi-tiered encryption, two-factor authentication (2FA), and an advanced Secure Asset Fund for Users (SAFU) to protect investors’ funds. Moreover, Binance’s transparency and global regulatory compliance add to its credibility, giving users peace of mind as they grow their wealth. The platform’s robust ecosystem, which integrates trading, lending, and earning opportunities seamlessly, further solidifies its position as the top destination for earning crypto interest in a secure and efficient environment.
- Binance supports over 600 cryptocurrencies, allowing users to trade, stake, and earn interest on a diverse selection of assets
- Some of the lowest transaction and trading fees in the industry, with additional discounts for using Binance Coin (BNB)
- Binance Earn provides various options like flexible and locked savings, staking, and liquidity farming, enabling users to earn passive income on their holdings
- With advanced measures like two-factor authentication (2FA), multi-tiered encryption, and the Secure Asset Fund for Users (SAFU), Binance prioritizes user safety
- Binance has faced regulatory challenges in several countries, leading to restrictions on some services and uncertainty for users in affected regions
#3. Crypto.com - High Interest Rates on Altcoins
Deposit Fees: Free Withdrawal Fees: Depends on the cryptocurrency
CRO APY: 7.34% (29 day unbonding period) DOT APY: 11.66% (29 day unbonding period) SOL APY: 7.13% (5day unbonding period)
Crypto.com is a fantastic platform for earning crypto interest, offering a range of flexible and fixed-term staking options through its Crypto Earn feature. While it does not provide interest-earning opportunities for popular assets like Bitcoin (BTC), Ethereum (ETH), or Tether (USDT), the platform makes up for this by offering highly competitive rates on other cryptocurrencies. Coins like Crypto.com’s native token (CRO), Polkadot (DOT), Solana (SOL), Tezos (XTZ), and The Graph (GRT) come with attractive annual percentage yields (APYs), making it an appealing choice for investors seeking high returns on less traditional assets. The platform’s tiered reward system also encourages long-term staking, offering better rates to users who stake CRO tokens.
One of Crypto.com’s major strengths is its comprehensive ecosystem that integrates trading, earning, and spending functionalities seamlessly. The platform’s intuitive mobile and web applications make it easy for users to manage their portfolios and track their earnings. Security is a top priority at Crypto.com, with advanced features like two-factor authentication (2FA), withdrawal whitelists, and multi-signature wallets ensuring a safe environment for investors. Additionally, Crypto.com frequently offers promotions and bonus rewards, giving users even more opportunities to maximize their earnings. For those who are willing to diversify their portfolio beyond BTC, ETH, and USDT, Crypto.com provides an excellent opportunity to earn substantial interest on a variety of promising altcoins.
- Crypto.com offers attractive annual percentage yields (APYs) on a variety of altcoins, including CRO, DOT, SOL, XTZ, and GRT, making it ideal for investors seeking high returns outside of BTC, ETH, and USDT
- The platform combines earning, trading, and spending features seamlessly, allowing users to manage their crypto assets efficiently
- With an intuitive app and web platform, Crypto.com makes it easy for both beginners and experienced users to track and optimize their investments
- Crypto.com prioritizes safety with advanced measures like two-factor authentication (2FA), withdrawal whitelists, and multi-signature wallets
- Crypto.com Earn does not provide interest-earning opportunities for BTC, ETH, and USDT, which may deter some users focused on these mainstream coins
How do I determine the best crypto interest account for me?
In order to figure out which is the ideal crypto interest account for your needs, you need to answer the following questions:
- Do you want to be able to withdraw the coins at any time or lock them for a set time period?
- Are you looking to earn interest on just a few coins or on a large variety of coins?
- Are you planning to earn interest on stablecoins, other cryptocurrencies, or both?
- Do you want to buy and sell crypto as well as earn crypto interest?
Once you know the answers to these questions, you can determine which of the options above suit you best.
Do you need to pay taxes from crypto interest accounts?
Yep, in most places, you do. The exact rules depend on where you live, so check with a tax pro to make sure you’re doing everything right.
Where can you buy cryptocurrency?
If you don’t already have crypto, you can buy it from exchanges like Binance, Bybit, or Crypto.com. Some of them even let you start earning interest right after you buy, which makes things super easy.
Comparison Table of Best Crypto Interest Accounts
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