8 BEST Crypto Savings Accounts in 2025
Are you wondering why so many beginners lose money when choosing the wrong Crypto Savings Accounts? Picking poorly researched options can expose you to hidden rules, unfair payout delays, unexpected slippage, scaling traps, data latency, and even forced account resets. The wrong platforms often
lure novices with flashy returns but create losses through false methods and unreliable tools. These mistakes drain both your confidence and your capital. By contrast, selecting well-vetted, secure accounts helps you grow consistently while avoiding costly missteps.
I invested 192+ hours carefully researching 28 tools to uncover the best Crypto Savings Accounts. This article reflects my firsthand, hands-on experience and is backed-by detailed testing. You will find clear insights on features, pros and cons, and pricing. Read the full article to avoid risks and make smarter choices today. Read more…
Uphold is the best cryptocurrency savings account for beginners and experienced investors. It rewards you with points depending on your activity on the platform. It has zero commission on trades, a transparent fee structure, and an APY of up to 11%.
Best Crypto Interest Accounts: Top Picks!
Crypto Exchange | Free trial | Cryptocurrencies Supported | Maximum APY | Link |
---|---|---|---|---|
![]() 👍 Uphold |
Yes, it is available. | Over 250 | 11% | Learn More |
👍 Zengo |
You get a free account on Zengo Basic. | Over 1000 | 8% | Learn More |
Kraken |
Yes, it is available. | Over 200 | 17% | Learn More |
Binance |
Yes, it is available. | Over 500 | 104.62% | Learn More |
Crypto.com |
Yes, it is available. | Over 400 | 14.44% | Learn More |
Crypto exchanges do not necessarily have separate savings accounts. They instead have products and services to earn interest or rewards, such as through staking. You can still save by purchasing crypto and holding it in your wallet. The best crypto savings account guarantees the safety of your crypto holdings and provides different products to earn interest. We have identified the exchanges that give you high returns on your staking and other earning activities.
1) Uphold
Best for Trading Altcoins.
Uphold is a trusted platform offering crypto-savings accounts with competitive interest, flexible terms, and seamless transfers. It is free to use, and I found its transparency around proof-of-reserves especially reassuring. I could see clearly how my assets were backed while earning yield without locking funds.
On its official X handle, @UpholdInc recently shared updates about yield rate boosts and new token support. Those posts show Uphold is serious about expanding options for users who want passive earnings while staying liquid.
Cryptocurrencies Supported: 250+ including BTC, ETH, XRP, XDC, DAG, etc.
Maximum APY: 11%
Price: Free
Features:
- Staking: This feature lets you stake coins directly for attractive yields. For example, Polkadot can generate 14% while Cosmos offers 16%. It’s flexible enough for novices but competitive for seasoned stakers who seek consistent compounding growth.
- Uphold Card: The Uphold Card makes spending crypto seamless in daily life. It saves on transaction fees, offers competitive FX rates, and charges no annual fee. I’ve personally used it abroad, and the instant crypto-to-fiat conversion was smooth.
- Block Rewards: You can earn points through activity-driven rewards, including surveys and testing new products. These points are redeemable for perks that enhance platform engagement. It’s an easy way to accumulate value without risking principal.
- Early Access: With Uphold, you can access select tokens before public listings. This provides a first-mover advantage and potentially higher upside. I once gained early entry on an altcoin and locked in profits before wider exposure.
- Crypto Savings Account: This feature allows you to grow idle holdings by staking them. The APYs vary but can reach 11%. It’s a simple, hands-off way to make crypto work for you without active trading.
- Purchase Methods: You can fund your account via bank transfers, debit/credit cards, or directly through crypto networks. Having multiple options ensures flexibility in onboarding capital, especially across regions with varied banking restrictions.
Pros
Cons
Trading Fees:
The trading fees depend on your payment method, external trading costs, and location. It has a tiered trading commission plan, including:
- Precious metals: 1.9 – 2.5%
- Altcoins: 1.9 – 2.5%
- ETH and BTC: 1.4% – 1.6%
- FX and Stablecoins: 0.25%
The deposit fee varies between territories such as Canada, EAA countries, the UK, and the United States. Some payment methods are free within these territories, and others start from a 3.99% charge. For example, bank transfers are free in the United States, while Apple Pay charges 3.99%.
The withdrawal fee is a network charge depending on your blockchain network. Credit card crypto investors pay an additional 3% net spread commission. The minimum investment varies depending on the cryptocurrency you choose to invest in. For example, it’s 1 ADA on Cardano.
2) Zengo
Best for a Self-custodial Cryptocurrency Wallet.
Zengo is a free crypto wallet that redefines self-custody with simplicity and strength. I was struck by its no-seed-phrase design, making it far safer than traditional wallets, and its instant withdrawal flexibility, which I tested successfully. Offering integration with DeFi apps, access to 1000+ coins, and up to 8% APY, it became clear why this platform is praised as a leader in secure crypto savings. I especially valued its ability to auto-reinvest rewards for seamless compounding.
The official X account, @ZenGo, frequently posts about MPC security and zero hacks since launch, with reminders of risks tied to seed phrases and browser wallets. These real-time updates not only educate users but also underline why its trustless, recovery-first model sets a benchmark in digital asset safety.
Cryptocurrencies Supported: 1000+ including BTC, ETH, USDT, USDC etc.
Maximum APY: 8%
Price: Free
Features:
- Zengo Earn: Zengo Earn lets idle crypto continuously work for you. Rewards are automatically compounded daily into your balance, amplifying long-term growth. I find auto-reinvest powerful because it eliminates manual reinvestment and builds momentum seamlessly.
- Liquidity: Unlike many staking platforms, Zengo allows instant withdrawals. I tested an unstake, and tokens returned to my balance in under two minutes. This flexibility makes it easier to react quickly to market shifts without losing governance rights.
- Salary Payments: U.S. users can pipe all or part of their paycheck straight into Bitcoin, Ethereum, or USDC. Direct deposit over $250 unlocks an extra $50 welcome credit. I noticed was that splitting 10 % of my salary avoids tax headaches yet lets savings grow silently.
- Self-custodial Legacy Transfer: Zengo’s Legacy Transfer acts like a digital will. You designate a trusted heir, and if your wallet stays inactive for a set period the assets migrate automatically to their address—no court or custodian involved. I was impressed by the self-custodial design that needs no KYC, keeping privacy intact.
- Keyless MPC security & guaranteed access: Savings only matter if they stay safe. Zengo scrapped the vulnerable seed phrase and runs on audited MPC cryptography, so there’s no single key to steal. Even if the company vanished, an independent co-signer guarantees access to funds, an assurance I rarely see in consumer wallets.
Pros
Cons
Trading Fees:
Zengo combines local currency conversion, gateway, spread, processing, and network fees. It’s what the operators get to complete your transaction, which differs between payment methods and the supported coins. The fees also apply to deposits and withdrawals.
For example, you’ll pay a 2.9% spread and processing fees for wire transfers in the US. You’ll also incur a variable network fee, zero local currency conversion, and gateway fees. The net spread fee varies between payment methods and starts from a 1.99% commission. The minimum investment stands at 1 XTZ (Tezos).
Free Wallet
3) Kraken
Best for Long-Term Crypto Earners and Secure Passive Income
Kraken is a free and secure crypto savings solution built on one of the industry’s longest-standing exchanges. Users can earn weekly staking rewards of up to 17% APR across a wide selection of coins, from ETH and DOT to ATOM. I found the Auto Earn tool convenient, automatically enrolling my unused assets into programs without constant monitoring. Kraken also impressed me with its no-hidden-fee structure and focus on industry-leading cold storage security, which has made it a trusted platform since its early years. Its mix of flexibility and reward potential stood out during my testing.
According to posts from @krakenfx, the exchange is now spotlighting new staking upgrades and cross-chain support. This reflects its broader strategy of giving users seamless ways to grow portfolios without compromising security, which is especially helpful for those balancing multiple staking assets in one dashboard.
Cryptocurrencies Supported: 200+ including BTC, ETH, DOGE, etc.
Maximum APY: 17%
Price: Free
Features:
- Flexible & Bonded Staking Options: This feature lets you decide between flexible withdrawals or bonded terms for higher yields. Traders often balance both strategies. Short-term staking provides liquidity, while bonded options maximize APR potential on trusted assets.
- Auto Earn Program: Kraken’s Auto Earn automates passive income by enrolling idle assets into staking pools. It reduces missed opportunities from unutilized balances. I like how one click activates consistent compounding across multiple tokens without micromanagement.
- Weekly Reward Payouts: Unlike platforms with long payout cycles, this system pays weekly. It ensures cash flow for traders and investors. I’ve relied on these consistent cycles to reinvest rewards into short-term trading positions.
- Wide Asset Support: Kraken covers 200+ assets, from majors like ETH to staking coins like DOT and ATOM. This diversity allows building a balanced staking portfolio. It reduces reliance on a single chain’s performance.
- Industry-Leading Security: The platform prioritizes cold storage, audits, and proven infrastructure. Kraken has avoided major breaches, which strengthens confidence. For savings accounts, security often matters more than yield, and this feature is a strong reassurance.
- Transparent Fee Structure: Its tiered maker-taker model makes costs predictable. Staking carries no hidden deductions, unlike some competitors. That clarity matters when projecting long-term yield strategies or calculating compounding effects over a 6–12 month horizon.
- Intuitive Mobile and Web Platform: The interface is straightforward for novices, yet robust for pros. I manage positions from both mobile and desktop easily. All staking, rewards, and reporting tools are integrated into one clean dashboard.
Pros
Cons
Trading Fees:
Kraken has no hidden costs. It uses a volume-based maker/taker fee model. Fees start from 0.16% (maker) and 0.26% (taker). No minimum deposit is required for most funding methods, and security is prioritized over speed.
4) Binance
Best for OTC Trading.
Binance offers one of the most versatile savings and trading ecosystems in crypto, covering 500+ assets with powerful earning tools like Launchpool, Simple Earn, and Swap Farming. I was particularly drawn to the platform’s APY of up to 104.62%, which exceeded every other option I tested. The fact that beginners can start with just 0.01 BNB and still enjoy flexible or locked savings added strong accessibility. I felt the combination of high yields and extensive liquidity options positioned Binance as an essential choice for active earners.
On X, @binance has been showcasing educational threads and product rollouts, from auto-invest strategies to updates on ETH staking. For savers, these insights underline how Binance keeps improving pathways for generating sustainable passive income.
Features:
- Binance Earn: This feature helps you grow your crypto deposits passively. You can choose between fixed-term products with higher yields or flexible savings for liquidity. It’s a solid mix of convenience and reward optimization.
- Protected Yield: It allows new users to earn steady returns with minimal risk. Your funds are shielded from sudden volatility during the lock period. I’ve used it as a low-stress way to learn the platform.
- Simple Earn: Binance gives everyday users a way to earn interest on idle assets. Flexible terms let you withdraw anytime, while locked terms boost APY. It’s a straightforward tool for maximizing unused crypto.
- BNB Vault: It blends multiple Binance products into one BNB yield engine. It auto-allocates across staking, Launchpool, and other programs. That diversification reduces idle periods and keeps BNB working efficiently.
- ETH Staking: You can stake ETH starting from just 0.1 ETH. Binance absorbs validator risks and covers technical expenses. It’s beginner-friendly compared to self-staking, though lock periods may apply.
- Auto-Invest: Binance has an index for the top cryptocurrencies. You can enroll on the plan to auto-purchase the tokens that make a list. The auto-investment will balance your crypto portfolio periodically.
Pros
Cons
Trading Fees:
Binance uses a maker/taker trading fee model based on volume. The percentage fee reduces with the increase in volume. Categories depend on the volume of USD that you trade.
You don’t pay a deposit fee on Binance. The withdrawal fee varies between each crypto, such as 0.71 BNB to withdraw 1inch on the BEP20 network. Your net spread fee depends on your volume-based tier. The minimum investment is any digital asset worth 0.01 BNB.
5) Crypto.com
Best for Crypto Savings and Staking Rewards
Crypto.com is a leading platform that simplifies earning passive income with its Crypto Earn and staking programs. I found the tiered system rewarding, as higher CRO stakes and longer lock-ins produced stronger yields, reaching up to 14.44% APY on select assets. The choice of flexible, 1-month, or 3-month terms added control over my holdings, while integration with DeFi protocols like Aave and Compound brought even more earning potential. Its security standards, regulatory oversight, and global reach across 100+ countries reassured me that my deposits were well-protected.
On X, @cryptocom recently highlighted new listings such as Tevaera (TEVA) and market updates tied to regulatory clarity bills. These posts emphasize its focus on fast token support and compliance readiness, making it appealing for investors who value timely opportunities alongside reliable savings growth.
Features:
- Earnings: This feature offers up to 14.44% APY on select assets, which is competitive. Longer lock-ups and CRO staking tiers can unlock better returns. I’ve personally seen strong yield boosts by diversifying between stablecoins and high-beta tokens.
- Flexibility: You can select between flexible, 1-month, or 3-month terms. Shorter lockups keep liquidity handy, but longer commitments pay more. It’s a balance between security and opportunity cost that traders must weigh carefully.
- DeFi Access: The integrated DeFi Earn feature connects directly to Aave, Compound, and other protocols. This saves time compared to manual bridging. I found it helpful for layering additional yield strategies without managing multiple wallets.
- Security: Crypto.com uses MPC, cold storage, and insurance coverage to reduce custodial risks. Regulation in multiple jurisdictions adds confidence. For veterans like me, this layer of redundancy is critical in volatile markets.
- CRO Benefits: Staking CRO enhances yields and unlocks perks like reduced fees. It also enables access to exclusive cards and rewards. However, exposure to CRO’s price risk should be factored into your strategy.
- Private Member Perks: Eligible clients gain extra 2% CRO rewards and VIP features. Benefits include bespoke financial products and unique events. This appeals more to high-net-worth or frequent traders.
Pros
Cons
Trading Fees:
Crypto.com, a premier cryptocurrency trading platform, offers a competitive fee scheme. Both Maker and Taker have levied a 0.4% fee. Futures & Options (F&O) come at a 0.07% charge. Deposits are free of charge, and withdrawals attract a minimal fee of 0.0001 BTC. There’s no fee for volume-based pricing, and the minimum transaction threshold is $1.
6) YouHodler
Best for Ledger Custody Security.
YouHodler offers crypto savings accounts with up to 15% APY on stablecoins and altcoins. I liked the seamless flow from deposit to loan collateral, plus up to 15% APY on supported assets and a clear $200,000 interest-earning limit via the Loyalty Program. The integrated web3 wallet and card let me manage and spend across 50+ coins online and in-store. Their platform supports over fifty cryptocurrencies, high loan-to-value ratios, and flexible interest payouts.
On their official X handle (@YouHodler) they recently announced improvements in security via Ledger Vault custody and revealed new tier-based loyalty perks, reflecting their aim to protect assets and reward long-term users.
Features:
- Loyalty Program: It lets you earn up to 15% yearly yield on deposits. The cap is $200,000, which is high enough for most investors. I’ve seen these loyalty models encourage user retention, but they could integrate tiered benefits for whales.
- Cloud Miner: You can mine Bitcoin directly using YouHodler’s cloud infrastructure. The platform provides guides, making onboarding smooth for beginners. Still, in my experience, cloud mining margins are slim—pairing it with staking options could improve profitability.
- Payouts: YouHodler pays interest weekly, calculated with compound interest. This cadence gives steady cash flow and the option to reinvest. I find weekly compounding powerful, though daily compounding would enhance earnings in volatile markets.
- COMP Token: You can deposit into COMP token and earn up to 1.51% annually. The convenience of not needing a separate wallet is useful. However, the APY is modest, and adding diversified DeFi yield options could make this more appealing.
- Crypto Savings Account: This feature allows deposits to earn through the Loyalty Program yield. I’ve personally tested it and found interest credited reliably. Still, more transparency on how funds are deployed would build greater user trust.
- Purchase Methods:YouHodler supports AdvCash, Apple Pay, bank cards, bank wires, and stablecoin deposits. That variety improves accessibility across regions. I’d suggest adding instant crypto swaps for faster portfolio balancing during volatile moves.
Pros
Cons
Trading Fees:
YouHodler charges a rollover fee for any trade. Multi-HODL transactions start from $10, depending on the multiply levels and currency charges. The deposit fees are $0 for stablecoins, 1% for Apple Pay, 0.5% for AdvCash, 1% for bank cards, and 20 GBP/ 25 USD/ 0 EUR for bank wire.
Your withdrawal fee is variable for stablecoins and from 0.15% for Bank wire. The net spread fee starts from 0.15%, and the minimum investment starts at $100.
7) Nexo
Best for Earning Interest Payout in USDT and BTC.
Nexo offers a complete suite of financial tools, from high-yield savings to trading and borrowing. What struck me most was earning up to 16% APY on 80+ cryptocurrencies, with payouts compounded daily and no staking requirement. I tested the earnings calculator and valued its accuracy for planning returns across assets like USDT, BTC, and USDC. Its strong insurance coverage and live chat support reinforced security, while fixed-term deposits made higher yields accessible with ease.
Through its X profile @Nexo, Nexo regularly updates on market insights, recently spotlighting ETH’s price resilience and crypto-backed retirement planning. These posts reflect how Nexo ties its platform to broader strategies, giving savers not just interest opportunities but also a perspective on long-term wealth building in crypto.
Features:
- Nexo Earn: This feature lets you earn up to 16% on 80+ assets. You don’t need complex setups—just deposit and watch daily accruals. It’s great for stablecoins like USDC and USDT, though I personally found BTC payouts compelling.
- Dual Investment: This tool automates buy-low/sell-high strategies without fees. It guarantees interest regardless of market outcome, which helps smooth volatility. I’ve used it when hedging directional trades, and it adds discipline to my portfolio.
- Daily Payments: Nexo credits compound interest daily, which is rare in crypto savings. You don’t need staking commitments or lock-ins to benefit. Over time, this smooth compounding builds a noticeable edge compared to monthly payouts.
- Earning Calculator: This calculator lets you simulate yields before depositing funds. You can adjust terms, loyalty tier, and asset type. I tested it with USDT and BTC, and it gave me a precise outlook on likely returns.
- Fixed Terms: Locking assets boosts APY, and Nexo offers clear choices here. You can commit for higher yield without guesswork. The trade-off is reduced liquidity, so I typically reserve this for stablecoins, not volatile assets.
- Crypto Savings Account: You can park stablecoins or tokens here and earn passive yield. It’s simpler than DeFi staking, with less setup risk. However, be aware of platform solvency risks—it’s yield farming made easy, not without risk.
- Purchase Methods: Nexo supports fiat channels like ACH, SEPA, SWIFT, and wire. It also accepts FSP and card payments. I value SEPA for low fees in Europe, while ACH is ideal for U.S. users wanting smooth on-ramps.
Pros
Cons
Trading Fees:
Nexo trading fees are in a maker/taker model. For example, a Taker on the market will pay between 0.07% and 0.2%. The maker/taker fees vary depending on the volume that you trade. You get a 50% discount on the spread fee trading NEXO token.
There is no deposit fee on Nexo and the withdrawal fee is free to a limit, depending on the loyalty levels. You’ll incur a network fee after exceeding the monthly limit.
The net spread fee starts from 0.03% and varies depending on the crypto volume you trade. Your minimum investment varies between crypto coins. For example, it is 0.01 ETH for Ethereum.
Link: https://nexo.com/
8) Ledn
Best for Crypto Loans.
Ledn is a crypto savings platform with free, flexible Growth accounts for stablecoins and BTC. I value its cold‑storage approach with BitGo custody, ring‑fenced assets, and transparent rates. It offers Growth Accounts up to 10% and published APYs topping at 8.5%. It uses a dual-account system, so I can move assets between a non-earning Transaction account and an interest-earning Growth account.
On X (@hodlwithLedn), I noticed recent updates emphasising open-book reports, proof of reserve attestations, and ring-fenced Growth Account assets. These signals stronger transparency and risk controls.
Features:
- Growth Account: It lets you earn up to 10% APY on deposits. It provides a transparent dashboard to monitor yield performance over time. I’ve found that Ledn’s compounding effect can accelerate gains if funds remain long-term.
- Crypto Loan: You can borrow against Bitcoin or USDC without selling your holdings. Ledn offers instant liquidity with no credit checks. I like that loans are structured with clear terms and penalty-free repayment flexibility, unlike many competitors.
- Asset Ring-Fencing: With Asset Ring-Fencing, client assets are segregated from company operations. It reduces counterparty risk significantly. In my experience, such ring-fencing is crucial when platforms face liquidity pressure, as it safeguards depositors first.
- Control: This feature gives you freedom to move assets between Growth and Transaction accounts. You can rebalance positions quickly when market conditions change. I’ve used this to shift BTC into a Growth account during stable periods for steady yield.
- Crypto Storage: Funds are held in insured cold storage with BitGo as custodian. This drastically lowers attack exposure and reduces hot wallet dependency. Many exchanges keep higher hot wallet balances, but Ledn’s structure prioritizes safety first.
- Asset Insurance: Ledn integrates insurance coverage through BitGo for BTC and USDC. It provides extra peace of mind, particularly in turbulent markets. Insurance limits may apply, so users should review policy details carefully before depositing.
- Crypto Savings Account: You can earn passive yield on BTC, ETH, and stablecoins. The account is transparent, with interest paid monthly. It’s a straightforward way to grow holdings, but diversification across platforms is still wise to manage risk.
- Purchase Methods: Deposits are currently limited to bank transfers. While reliable, this restricts flexibility. Adding support for card payments or stablecoin on-ramps would make onboarding smoother, especially for international users.
Pros
Cons
Trading Fees:
Ledn only charges network fees when you swap the listed crypto coins, so you don’t pay a deposit fee on the platform. Your minimum investment differs between the crypto you invest, such as 0.0005 BTC for Bitcoin, 15 USDT for Tether, or 0.009 ETH for Ethereum.
The withdrawal fee is a fixed charge depending on the crypto you withdraw. They include 15 USDT for Tether, 15 USDC for USD Coin, 0.008 ETH for Ethereum, or miner fees for Bitcoin. Ledn does not collect any net spread fees.
Link: https://ledn.io/
How to Choose the Best Crypto Savings Account?
Choosing the right crypto savings account depends on balancing yield, security, and flexibility. Do not just chase the highest rates. Instead, focus on the fundamentals that protect your funds and support long-term growth.
- APY Rates – Compare interest rates, but also check how often rewards compound.
- Supported Cryptocurrencies – Look for platforms that accept both popular coins and stablecoins.
- Security Features – Insurance, cold storage, and audits reduce platform risk.
- Fees and Hidden Costs – Review deposit, withdrawal, and trading fees carefully.
- Withdrawal Terms – Flexible accounts give quick access, while locked accounts pay higher.
What Is the Difference Between Crypto and Regular Savings Accounts?
Difference | Regular Savings Accounts | Crypto Savings Accounts |
---|---|---|
Compound Interest | A traditional savings account offers compound interest depending on the terms and conditions. | Compound interest does not apply in crypto because the interest growth rate remains unchanged. You will only get a simple interest on your initial deposit. |
Yield | Banks offer low yields because your deposits are more secure. This is why regular savings accounts have low-risk investments. | The best crypto savings accounts offer higher yields than traditional ones. Crypto savings platforms have higher APYs than traditional savings accounts. It’s because the crypto interest accounts have high-risk investments. |
Fund Accessibility | A traditional savings account does not have withdrawal restrictions. | Cryptocurrency savings accounts may need you to hold your crypto for a certain period. You might incur high withdrawal fees when you pull out the investment. Top crypto savings accounts should charge you low withdrawal fees. |
FDIC Insurance | The Federal Deposit Insurance Corporation insures traditional savings accounts. Note that a regular savings account has an insurance limit. | Some crypto savings account providers do not have FDIC Insurance. The same applies to other jurisdictions, like Asia, Europe or Africa. Most cryptocurrency savings account providers’ insurance is only for cash deposits. |
How Do Crypto Savings Accounts Work?
A crypto savings account uses your deposit to generate income. The platform may lend your crypto to borrowers, stake coins on blockchains, or use liquidity pools to earn rewards. Interest is paid back to you, often daily or weekly, depending on terms. Some accounts allow flexible withdrawals, while others require locked deposits for higher yields. Returns vary widely based on market demand and the type of cryptocurrency. Unlike banks, these accounts are not fully insured, so security and reputation of the provider are critical factors.
What Is the Difference Between Crypto Savings Accounts vs. Crypto Wallets
Crypto Interest Accounts | Crypto Wallets |
---|---|
Crypto savings accounts differ from cryptocurrency wallets but may be on the same platform. You use your savings account to lock crypto and generate yield. It acts like a crypto bank, and the crypto savings accounts pay different annual percentage yields. | A wallet can also be your digital crypto savings account. Its primary roles are to store your crypto coins and for trading. So, it’s not necessarily a platform to earn interest. |
Many crypto savings accounts will need you to wait for a period before withdrawing. Your savings terms will determine your flexibility when you save on a crypto based savings account. The best interest-bearing crypto accounts offer instant withdrawals. | You get more flexibility with your wallet because you can trade coins anytime. A wallet does not require you to lock your cryptocurrency before you can withdraw. |
A crypto savings account uses various security measures to secure your deposits. However, there is a degree of risk when you stake your assets for a period. | There is low risk when storing your cryptocurrency in a wallet. It’s because you don’t have to trade on the platform. Some crypto wallets offer partial interest rates on idle assets. |
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FAQs
Verdict
I explored the best crypto savings accounts to help you earn interest. Each has different annual percentage yields and conditions, varying their supported coins. I did my due diligence and learned a lot about cryptocurrency savings accounts. In the end, I chose the top three best crypto interest accounts, and they are:
- Uphold: It is best for trading altcoins. It has valuable educational content, useful features, and a wide variety of assets.
- Zengo: Zengo is ideal for a self-custodial crypto wallet. You get more control over your crypto assets and link your wallet to multiple Dapps.
- Kraken: This is a top-tier crypto savings platform, especially for users interested in building long-term, passive income through staking.
Uphold is the best cryptocurrency savings account for beginners and experienced investors. It rewards you with points depending on your activity on the platform. It has zero commission on trades, a transparent fee structure, and an APY of up to 11%.