If you’re looking to dip your toes into the world of cryptocurrency and increase your investment portfolio, a crypto savings account may just be what you should look into.

Even though crypto savings accounts are not as safe as bank savings accounts or credit union accounts, they’re still a fantastic way to significantly increase your rate of return.

However, before you dabble any further, it’s imperative that you fully understand how these accounts work, what are their pros and cons, and how you can get the best possible yields.

We’re going to break down the most important questions and provide a list of the top crypto savings accounts for 2025.

How can you earn interest on cryptocurrencies?

There are two basic ways to earn on crypto - staking and lending platforms.

Staking is one of the best ways to earn on crypto but is only available on a certain number of coins. This is a process of placing your cryptocurrencies aside, which is then used for validating transactions conducted on the PoS blockchain.

Namely, when you lock your cryptocurrencies, you can then earn on that same crypto in the form of a reward as a contributor to that blockchain platform.

Lending platforms, on the other hand, pay you a specific amount of interest on the very cryptocurrency you own because they use it to loan it out to other users who are looking to borrow.

However, this does not mean that the borrower borrows the money directly from you, rather they borrow from the platform on which you’re lending your own crypto.

Where can you earn interest on crypto?

If you’re truly interested in earning crypto interest, you can start by buying crypto from a crypto exchange and then holding it in a crypto savings account. We know it can be hard to decide whether they are trustworthy or if their interest rates are genuine or misleading, which is why we reviewed and compiled a list of the top crypto interest accounts. At Marketplace Fairness we have personally used and tested these accounts and know that they are legitimate sites.

How to decide on a crypto savings account?

Before we dive into the list and delve deeper into each platform’s features and assets, let’s take a look at the factors you need to consider if you’re looking to earn interest.

Here’s a basic list of the top ones you need to take into consideration:

After you’ve examined and answered these questions, it’s high time to check out our compilation of the five best crypto savings accounts, with detailed information and pros & cons for each platform.

Best crypto savings accounts: Individual Reviews

#1. Bybit - Best flexible interest rates

Bybit has quickly become a leading crypto savings account, offering multiple options to help users grow their digital assets. Its flagship feature, Bybit Earn, provides both flexible and fixed-term staking opportunities, making it an excellent choice for generating passive income. Bybit stands out with competitive annual percentage returns (APRs) across a wide range of cryptocurrencies, including top assets like Bitcoin, Ethereum, and stablecoins, appealing to both cautious and ambitious investors. The platform’s intuitive design ensures a seamless experience, making it accessible to beginners while meeting the needs of seasoned crypto users. Furthermore, Bybit regularly introduces promotions and bonus rewards, giving users even more opportunities to boost their earnings.

Current interest rates for BTC and ETH are 2.5% APR, and for USDT is 10.15% APR. This is with flexible staking, so you can withdraw at any time.

Read full Bybit review

#2. Binance - widest range of interest-earning opportunities

Binance is the largest cryptocurrency exchange around the globe in terms of trading volume. It offers a staggering amount of 600+ cryptocurrencies, while users can earn interest on over 350 of those.

Serious and seasoned traders love this platform primarily due to the sheer volume of cryptocurrencies utilized, as well as advanced options for trading.

Interest rates on Binance aren’t as high as other platforms, but they become more competitive if you lock them for fixed terms, such as 90 or 120 days. AXS interest rate, for example, is 4.1% with a flexible option but it can increase up to 17.9% if you lock it for 120 days.

One drawback is that US citizens aren’t able to register and trade on Binance. To be able to use this platform, you’ll need to visit the related exchange Binance.US. However, do note that they only have a limited amount of features and coins.

Read full Binance review

#3. Crypto.com - earn crypto cashback on Visa purchases

Crypto.com is one of the best crypto apps on the market. It enables its users to buy over 250+ coins while also having the option to earn interest on 28 of them.

It allows users to easily buy, sell, or swap between cryptocurrencies. The metal Visa debit card is a standout feature at Crypto.com, with various tiers of cards. They can be loaded with your base fiat currency, and used at any brick and mortar or online store that accepts Visa.

With every purchase you will receive a cashback percentage in the form of CRO coins. 5% cashback is the highest level possible, while the basic card allows for CRO cashback earning of 1% for every purchase made with it.

This way you’ll get a free cryptocurrency which you can then use to earn additional interest or convert it to a different cryptocurrency.

Crypto.com is an excellent choice for earning crypto interest, providing both flexible and fixed-term staking options through its Crypto Earn feature. Although it doesn’t offer interest-earning options for major assets like Bitcoin (BTC), Ethereum (ETH), or Tether (USDT), it compensates with competitive rates on a variety of other cryptocurrencies. Tokens such as Crypto.com’s native coin (CRO), Polkadot (DOT), Solana (SOL), Tezos (XTZ), and The Graph (GRT) offer attractive annual percentage yields (APYs), making the platform ideal for investors looking to maximize returns on less conventional assets. Additionally, Crypto.com’s tiered reward structure incentivizes long-term staking, with enhanced benefits for users who commit to staking CRO tokens.

If you’re a person who uses a debit card frequently then Crypto.com is the perfect choice for you. The cashback offer on each purchase is too good to pass up. It also offers a Supercharger feature allowing you to earn interest on your CRO, that is paid in the coin they’re offering at that particular time, which changes every two weeks.

Read full Crypto.com review

Which crypto savings account has the highest rates?

Bybit is the best place to register if you’re looking to receive high interest rates. 

Are crypto savings accounts safe?

There is always a certain amount of risk involved, with any investment. The high interest rates of crypto savings accounts are attracting, however, you don’t have total control of your coins and the risk levels vary depending on the site you choose for deposits.

With that in mind, you should always take note of the platform’s security levels and infrastructure, as well as fail-safe plans. A crypto savings account with an excellent security system in place is less likely to be hacked, and therefore less likely you will lose your assets.

Remember to carefully research any crypto savings account that you decide to use, and weigh up the risks before deposting your cryptocurrency. It is also a great idea to spread out your crypto across various crypto savings accounts, in case anything goes sour. 

Do you need to pay taxes on earnings from crypto savings accounts?

In most cases, you’ll need to pay taxes on interest you earned from crypto savings accounts. However, you’ll need to check in with local laws and authorities on this matter.

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 (see article) are some of the best places to acquire crypto, especially if you don’t own any as of yet. Some of these platforms, such as Crypto.com offer a variety of different cryptocurrencies and also allow users to earn interest on them, from their site.

In our article, we covered the basic and advanced features, as well as pros and cons, of the top crypto savings accounts, allowing you to decide where to invest and then sit back and earn a passive income through these crypto investments.

Marketplacefairness.org 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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