Best Crypto Interest Accounts

Best Crypto Interest Accounts

Daniel Chan

June 30, 2022


The popularity of cryptocurrencies in recent years is as high as it has ever been, with some outstanding gains on many different coins. When the market turns bearish or trends sideways, more and more crypto investors are trying to grow their crypto holdings by placing their crypto in interest accounts. The more crypto they can accumulate before the next bull run, the better off they will be, when prices eventually rise again. In this article, we will show you the best crypto interest accounts you can use. 

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, like MatrixportCelsiusHodlnaut and Nexo 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 interestFeaturesScoreSign Up

☑️ Huge 30% APY available on USDC/USDT for new users, and free $20 USD bonus

☑️ Buy, sell and trade crypto, including leverage trading

☑️ Free Grid Trading bot included

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High interest on 46 coins

☑️ High interest rates on 46 different coins (6.50% APY for BTC, 7.10% APY for USDT)

☑️ Registered with FinCen in the USA and ISO 27001 certified

☑️ 24/7 Customer Service for over 1 million+ users

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High returns

☑️ High returns for Bitcoin: 5.33% APY

☑️ High returns for USDT & USDC: 9.41% APY 

☑️ FREE 30 USDC sign-up bonus

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Buy, sell and earn interest

☑️ Purchase cryptocurrency easily and earn interest within the same platform (4.5% APY for BTC, 8% APY for USDT)

☑️ User-friendly interface that is perfect for beginners

☑️ Used by over 1 million+ verified clients and 350 global institutions

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Best wallet to earn interest

☑️ Nexo is a wallet where you can buy, store and earn interest on your crypto (5% APY for BTC, 8% APY for USDT when locked for 1 month)

☑️ High base rate of 8% for stablecoins and 4% for other cryptocurrencies

☑️ Receive bonus interest for 1-month fixed terms, choosing to earn interest in NEXO, or having NEXO staked

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The Top Crypto Interest Accounts: Individual Reviews

#1. Matrixport - Excellent Signup Offer: $20 USD + 30% APY on USDC/USDT

Deposit Fees: Free   Withdrawal Fees: Crypto - Varies for each asset, Fiat - 30 USD

BTC APY: 3%   ETH APY: 3%   USDT APY: 30%

Matrixport is the best choice for new users seeking a signup offer to boost their crypto savings account. When you open an account using this link, not only do you receive $20 USD for FREE, but you also access the introductory rate of 30% APY on USDC and USDT stablecoins

Matrixport also offers more than simply earning interest on your crypto. It is also a crypto exchange, where you can easily buy and sell crypto, spot trade with 0% commission, and margin trade (up to 5x leverage).

Matrixport is best known for the high interest earning savings account, but you can also earn interest in other ways on this platform. Users can pool money in investment products such as DeFi, Dual Currency, and crypto lending, to spread out crypto funds.

Matrixport is a legitimate and trusted platform, with top-notch customer support. The only downside is that while you can sign up an account using a computer, the features of Matrixport are only accessible using a mobile app. However, this shouldn't be an issue for anyone with a smartphone. 

  • Earn a massive 30% APY on USDT and USDC as a welcome offer
  • $20 free USD promotion
  • Buy, sell and trade cryptocurrencies
  • Margin trading (up to 5x leverage)
  • Low interest rates on BTC & ETH
  • Only accessible on the mobile app, not available on desktop

#2. Celsius - Crypto Interest Account with 46 coins

Deposit Fees: Free   Withdrawal Fees: Free

BTC APY: 6.50% (less than 0.1 BTC)   ETH APY: 5.35%   USDT APY: 7.1%

Celsius is ideal for those who are interested in earning passive income on a wide range of coins. At the time of writing, they offer 46 different coins, that you can earn compound interest on. It is a reputable company, that has been around since 2017, has 24/7 customer support, more than 1 million users, and has total market value over $20 billion.

This crypto savings platform is certified by FinCEN, meaning it has industry-leading security; you never have to worry about your assets if they are stored with Celsius. There is also a generous signup offer for new users who sign up with this link. You will receive $50 FREE Bitcoin when you deposit at least $400 worth of crypto.

The interest rates for BTC are 6.50% APY for your first 0.1 Bitcoin, 2.5% APY for anything between 0.1-3 BTC, and 1% APY for amounts larger than 3 BTC. If you want to earn interest on stablecoins, Celsius' rates are 7.10% APY for USDT and USDC and this rate does not decrease if you deposit larger amounts. If you want to earn interest on a large amount of USDT or USDC, you will earn more if you place your money in Celsius rather than Hodlnaut.

A note for those that sign up with Celsius: They update their interest rates weekly, so you need to regularly keep an eye on interest rates, to ensure you are still receiving a good return on your investment. It does not mean that they will adjust the rates for every coin each week, but you need to be aware that they can change without any notice.

  • Earn high interest rates on 46 different coins
  • Registered with FinCEN in the USA
  • 24/7 Customer Support team
  • Security ISO 27001 certified
  • Weekly interest rate updates, so you need to check the rates often

#3. Hodlnaut - High Crypto Interest

Deposit Fees: Free   Withdrawal Fees: Depends on the cryptocurrency (first withdrawal per month is free)

BTC APY: 5.33% (less than 0.1 BTC)   ETH APY: 4.28%   USDT APY: 9.41% (less than 100,000 USDT)

Hodlnaut is based in Singapore and was founded back in 2019. This cryptocurrency interest platform accepts crypto deposits from 6 coins: Bitcoin (BTC), Tether (USDT), USD Coin (USDC), DAI, Ethereum (ETH) and Wrapped Bitcoin (WBTC). You can earn high interest rates on crypto with no minimum deposit requirements, paid weekly, and your funds can be withdrawn at any time.

Holdnaut can also be used for swapping your crypto from one coin to another. Any of your deposited assets can be traded for any other of the 6 coins, free of charge. Hodlnaut doesn’t charge any deposit fees, but there are withdrawal fees, which vary depending on the cryptocurrency you want to withdraw. The first withdrawal per month is free, but after that, the fees are as follows:

Bitcoin: 0.0004 BTC


Ethereum: 0.0036 ETH

USD Coin: 10 USDC

Tether: 10 USDT

Wrapped Bitcoin: 0.0004 WBTC

Hodlnaut also has an excellent sign-up promotion for new users who sign up with this link. They are giving away $30 USDC for FREE when you deposit at least 1,000 USD worth of crypto for 31 days.

The interest rates on Hodlnaut are very competitive. For Bitcoin, you will receive 5.33% if you deposit less than 0.1 BTC, for any amount between 0.1 and 1.5 BTC, you’ll receive 3.04%. 

If you are planning to place larger amounts of Bitcoin into a crypto interest account, unfortunately the rates drop off; it is just 2.53% for anywhere between 1.5 to 3 BTC, and 1.31% for over 3 BTC.

If you prefer to earn interest on stablecoins, you can access 9.41% for up to 100,000 USDT or USDC.

For increased security, Hodlnaut offers users the choice to purchase Custody Cover from Nexus Mutual. This covers you if Hodlnaut’s platform gets hacked, and you lose more than 10% of your funds. It also covers you if Hodlnaut stops withdrawals for 90 days or more.

The main disadvantage of using Hodlnaut is that they currently only support 6 cryptocurrencies. While this is suitable for some investors, if you have a wide variety of cryptocurrencies you want to earn interest on, you will have to look elsewhere.

  • High returns of 5.33% APY for BTC and 4.28% for ETH, 9.41% APY for USDT & USDC
  • No crypto locking requirements, funds can be withdrawn at any time
  • Free sign-up bonus of 30 USDC
  • No minimum deposit amounts
  • Weekly interest payouts
  • Optional custody cover by Nexus Mutual
  • Only 6 cryptocurrencies are available

#4. BlockFi - Buy, Sell, and Earn Crypto Interest

Deposit Fees: Free   Withdrawal Fees: Depends on the cryptocurrency (first withdrawal per month is free)

BTC APY: 4.5%   ETH APY: 5%   USDT APY: 8%

BlockFi is an easy-to-use crypto interest account, since you can buy and sell crypto conveniently, and then earn interest on it, without needing to transfer it anywhere. The interest rates may not be as high as some of the competitors, but you can access 23 cryptocurrencies, without having to deal with the trouble of sending your coins to another account before you can start earning interest.

BlockFi also includes a Flex Payment option, for users that want to choose to receive their crypto interest paid out in a different coin. For example, let's say you want to earn interest on BTC, ETH, and USDT, you can choose to have the interest from all three coins paid out in USDT. The interest is calculated monthly, and it's important to note that there is an administration fee of 1% of your earnings, to use this feature. 

BlockFi is also an extremely secure crypto interest account, with multi-layered security such as 2FA, encryption, and they use Gemini as their primary custodian. 

As mentioned above, BlockFi's interest rates are not as attractive when compared to other crypto interest accounts. If you want to earn interest on Bitcoin, you can earn 4.5%, but only for amounts less than 0.1 BTC. If you deposit between 0.1-0.35 BTC, the interest drops to 1%. For any amount over 0.35 BTC, the rate drops to just 0.1%.

  • Simple way to buy crypto and earn interest
  • User-friendly and great for beginners
  • Interest Flex Payment: earn interest in the cryptocurrency of your choice
  • Used by more than 1 million+ verified clients and 350 global institutions
  • Lower interest rates
  • Only 23 different cryptocurrencies

#5. Nexo - Best Crypto Interest Account Wallet

Deposit Fees: Free   Withdrawal Fees: Free

BTC APY: 5%   ETH APY: 5%   USDT APY: 8%

Nexo is a popular crypto wallet, where you can not only store your crypto, but also purchase, swap coins, and earn interest on 22 cryptocurrencies. As Nexo has quite competitive interest rates for BTC, stablecoins, ETH, and other cryptocurrencies, it is an option that is definitely worth exploring.

Nexo has grown tremendously and the price of their NEXO token is seven times higher than it used to be. Since Nexo is based in Europe, European readers may prefer this platform over the US or Asian crypto interest accounts.

Nexo is a highly secure crypto wallet, with Class III storage vaults, ISO 27001:2013 compliance, 256-bit military-grade encryption, and biometric identity verification. Nexo has over $350 million insurance on custodial assets and thus, you are protected against the theft or loss of your private keys. 

Nexo also has a great welcome bonus for new users who sign up with this link. All you need to do is deposit $100 USD worth of crypto assets for at least 30 days and you will receive $25 BTC for FREE.

Nexo’s interest rates are decent, with a base rate of 8% on stablecoins and 4% on other cryptocurrencies, and you can increase the interest you receive in several ways.

Firstly, you can lock your crypto for 1 month, which grants you an additional 1% APY, increasing your cryptocurrency interest rate to 5% APY.

Next, you can choose to have your interest paid out in NEXO, the platform’s native token. By doing this, you earn an extra 2% APY, but it means that your interest is paid out in NEXO and not the cryptocurrency you deposited. This is a good way to earn extra interest, but is reliant on the NEXO token retaining its value over time.

Finally you can earn higher interest rates based on your loyalty level. This loyalty level is determined by how much NEXO tokens you have in your wallet compared to other cryptocurrencies. If your wallet has NEXO tokens that equal 1-5% of your crypto, you will earn 8.25% on stablecoins and 4.25% on other coins. If you have more than 10% of your wallet as NEXO tokens, you earn 10% on stablecoins and 5% on all other coins. Additional to this, you can of course boost your interest by locking in your coins for 30 days and getting paid in NEXO tokens.

  • Buy, store and earn interest on 22 cryptocurrencies
  • High APY of 8% on stablecoins and 4% on other coins
  • Earn additional 1% APY for a 1-month fixed term, extra 2% APY if you choose to earn interest paid in NEXO token, and higher interest depending on how much NEXO you own
  • Easily swap coins within your wallet
  • Earning interest on crypto is not available in the USA

#6. - Crypto Cashback on Visa Purchases While You Earn Interest

Deposit Fees: Free   Withdrawal Fees: Depends on the cryptocurrency

BTC APY: 3% (locked for 3 months)   ETH APY: 3% (locked for 3 months)   USDT APY: 6% (locked for 3 months) is a widely-known cryptocurrency app that supports buying, selling, trading, NFTs, and of course, earning interest. It offers over 250 cryptocurrencies, and you can earn interest on 47 of them. was founded in 2016 and is used by over 10 million users from all over the world. is ideal not only for beginners but for advanced cryptocurrency users as well.  

The interest rates available are quite low if you want to keep it flexible (meaning you can withdraw at any time), but if you lock for 1 month or 3 months, the APY is more competitive. In addition, if you stake CRO (their native coin, Cronos), you can access higher rates. Staking CRO also comes with additional benefits, like the a free metal Visa debit card, that you can load up with fiat currency and spend like usual, anywhere that accepts Visa. When you spend with it, you receive a cashback paid out in CRO. The maximum you can receive is 5% cashback, with the highest tier card, while the lowest level card gives you 1% back on each purchase.

This is an excellent method of receiving free cryptocurrency while you make your daily purchases, plus you can receive higher interest rates.

Interest rates are dependant on the coin and whether you choose to lock it for 1 or 3 months, or leave it flexible.

For example, if you lock Bitcoin for 3 months, you’ll receive 3% APY, if you lock it for 1 month, you’ll earn 1.5%, and if you leave it flexible, you only earn 0.2% APY.

A 3-month fix for USDT and USDC will earn you 6% APY, 3% for 1 month, and 0.4% if you leave it flexible.

To access higher interest rates, you’ll need to stake a certain amount of CRO. For example, if you lock for 3 months and stake over $4000 CRO, then you’ll receive 8% APY on USDT.

If you plan to hold your crypto for the long term, then is a good option if you lock it for 3 months. However, if you want to keep your crypto flexible, the interest rates are too low, and you are better off choosing another crypto interest account.

  • Buy, sell and swap over 250+ different coins
  • Earn interest on 47 cryptocurrencies
  • Cashback of up to 5% on every Visa debit card purchase
  • Lock for 3 months to access higher interest rates
  • Low rates if you don't lock in your crypto

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: 

  1. Do you want to be able to withdraw the coins at any time or lock them for a set time period?
  2. Are you looking to earn interest on just a few coins or on a large variety of coins? 
  3. Are you planning to earn interest on stablecoins, other cryptocurrencies, or both?
  4. 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?

In most cases, you will need to declare any earnings from crypto interest, and pay relevant taxes depending on your annual income. This will vary depending on where you live, so you should check with your country's legislation.

For further info, please seek the advice of a tax accountant and work out the specific details for your geographical location and personal situation.

Where can you buy cryptocurrency?

Cryptocurrency exchanges (read here) are the best places to buy crypto, and then you can transfer them to a crypto interest account to earn high APY. Some platforms listed above allow you to purchase crypto and earn interest within the same account, for ease of use.

Comparison Table of Best Crypto Interest Accounts

(Scroll across the table to see all 5)

Where to earn interest
Where to earn interest
BTC, ETH, USDT, USDC, DOT, LTC & 40 more
BTC, ETH, USDT, USDC, LTC, UNI & 17 more
BTC, ETH, USDT, USDC, ADA, XLM & 16 more
5% (1 month fixed)
5% (1 month fixed)
8% (1 month fixed) provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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