Many investors new to the cryptocurrency scene are unaware that you can earn interest on your digital token holdings – just like you would in a bank account. However, unlike a traditional bank account – you’ll have access to significantly more attractive yields.

In this beginner’s guide, we’ll discuss the very best crypto interest accounts in terms of reputation, supported tokens, APYs, lock-up terms, and more.

The Best Crypto Interest Accounts for 2023 List

The eleven platforms listed below came out as the overall best crypto interest account providers for 2023. 

  1. Wall Street Memes – Popular meme-based cryptocurrency platform offering a live APY of 68%
  2. Bitcoin BSC – Hottest Bitcoin clone derivative is offering a 2,196% staking APY on its ecosystem, with its presale already raising $270k
  3. eTukTuk – Earn more than 30,000% APYs by staking on this sustainable crypto platform that is promoting EV adoption in developing nations. $TUK has raised over $50K on presale. 
  4. OKX – Crypto Exchange Offering up to 300% APY on Popular Cryptos
  5. Battle Infinity – Stake IBAT and Earn up to 25% APY
  6. The Uncharted – Earn up to 400% Through This Sci-Fi NFT Project
  7. Quint – Multiple Staking Pools with Rates up to 39% APY
  8. DeFi Swap – Decentralized Exchange Offering Interest Up to 75% APY
  9. YouHodler – Worldwide Platform with Compounding Interest
  10. – Earn Up to 14.5% Interest on Stablecoins    
  11. Binance – Top Interest Savings Account for High Yields  
  12. Coinbase – User-Friendly Way to Earn Passive Income on Your Crypto Savings

Scroll down to read our reviews of the above crypto compound interest accounts.

Top Crypto Interest Platforms Reviewed

How do you make money with cryptocurrency? When searching for the very best crypto interest accounts in the market, there are a number of core factors to cross-check. Not only does this include the safety of your funds, but what coins and yields are on offer. 

The overall best ways to earn interest on crypto today are with the eleven providers reviewed below.

The top crypto interest platform in our list is Wall Street Memes ($WSM). Wall Street Memes is a new meme cryptocurrency, which has raised over $25 million on presale. This meme platform was originally launched in 2019, and has amassed a following of more than 1 million across Twitter and Instagram.

Wall Street Memes is a meme coin project aiming to give control to retail investors

$WSM, the native token of this project, is now available to buy on popular crypto exchanges such as OKX and Huobi. Notably, this token can be locked on the Wall Street Memes staking mechanism to earn a passive income. At press time, Wall Street Memes is offering an APY of 68%. The number is set to reduce as the number of staked tokens increases.

Wall Street Memes has a total supply of 2 billion, 1 billion of which was allocated for the presale. So far, nearly 300 million tokens have already been staked on the ecosystem. A community token, 100% of the Wall Street Memes token supply will be reserved for the public. While half has been allocated for the presale, another 30% of the supply will be offered as community rewards.

WSM staking APY

The remaining supply will be used to maintain DEX and CEX liquidity. The creators of this cryptocurrency project have also released their own NFT project, Wall St Bulls. The first NFT drop sold out 10,000 unique pieces within 32 minutes. Thus, the success has now continued with the presale, which has raised more than $25 million. The presale target is set at over $30 million, after which $WSM will be listed on tier-one crypto exchanges.

2. Bitcoin BSC – Bitcoin Clone Derivative Running on BSC is Offering a 2,196% Staking APY on its Ecosystem, Presale Raises $270k in a Matter of Days

The next cryptocurrency on our list is $BTCBSC, the native token of the Bitcoin BSC platform. While Bitcoin BSC is inspired by the Bitcoin project, it aims to offer a more eco-friendly and sustainable cryptocurrency. Based on the Binance Smart Chain (BSC), Bitcoin BSC operates on a proof-of-stake (PoS) consensus.

Bitcoin BSC $214K raised

This project offers a total supply of 21 million tokens, similar to Bitcoin. Just like Bitcoin, Bitcoin BSC will also unlock its entire token supply over a 120-year schedule. The only difference is that Bitcoin BSC uses a stake-and-earn model to reward investors via passive income. Token holders can buy $BTCBSC through the ongoing presale for just $0.99 per token. This price reflects the BTC token price way back in 2011.

After purchasing $BTCBSC on presale, token holders can stake the token for a minimum period of 7 days. At press time, the staking APY is set at a staggering 2,196%. The number is subject to change as more token holders stake their holdings. 6.125 million tokens have been allocated for the Bitcoin BSC presale, representing nearly 30% of the token supply.

Bitcoin BSC aims to raise a hard cap of $6.125 million by the end of the presale. The remaining tokens will be gradually unlocked through the staking mechanism. Any unsold presale tokens will also be added to the staking schedule. Thus, this cryptocurrency can be used to earn regular income. The low token supply and circulating amount can help make it a good investment in the long term.

Bitcoin BSC 2,196% staking APY

So far, the presale has generated over $210K in only three days. Read the Bitcoin BSC whitepaper and join the Telegram channel to stay updated with this cryptocurrency.

APR Offered  2,196%
Min & Max Deposit Limits N/A
Lock-In Period 7 days
Additional Rewards Offered N/A
Interest Payout Frequency N/A

3. eTukTuk – Get Over 30,000% APYs with This EV Charging Cryptocurrency Platform

The next cryptocurrency on our list is eTukTuk ($TUK), a new platform that aims to promote the adoption of electric vehicles among TukTuk drivers. More than 270 million vehicles operate using internal combustion engines (ICEs), which cause more pollution than cars. 

TUK $50k raised

eTukTuk is on a mission to promote the adoption of zero-emission vehicles (ZEVs) among TukTuk drivers in developing countries such as Sri Lanka. The platform will leverage the $TUK token and set up EVSEs (Electric Vehicle Supply Equipment) in urban and suburban areas of developing countries. 

These EVSEs will be compatible with all ZEVs. eTukTuk offers efficient charging solutions by offering $TUK as a payment method for its charging stations. Drivers can make payments at the charging stations with $TUK tokens. To reduce costs, the EVSEs will be set up with the help of territory partners – who will earn a commission from the revenue collected on these stations. 

Token holders can stake $TUK to contribute to the network security. At press time, eTukTuk offers more than 30,000% APY on staking the token. So far, more than 144,000 tokens have been staked on the ecosystem. 

eTukTuk 34,535% staking APY

$TUK can be purchased through the ongoing presale for just $0.024 per token. Read the eTukTuk whitepaper and join the Telegram channel to learn more about this cryptocurrency project. 

OKX LogoOKX is one of the most popular crypto exchanges in the world, boasting more than 20 million users around the globe and trading on more than 340 top cryptocurrencies. In addition to advanced trading tools and low crypto purchase fees, OKX has several options for earning interest on crypto.

First, OKX offers a crypto savings account with rates up to 300% APY. Stablecoins like Tether and USD Coin earn 10% with no lock-in periods, while Bitcoin and Ethereum earn 5% APY each in an OKX savings account. Hundreds of coins are supported and all interest is paid out hourly so that investors can quickly start compounding their returns.

OKX Savings Account

OKX also offers crypto staking on several popular tokens, including Shiba Inu, Litecoin, Ethereum Classic, and Ripple. Staking rates are up to 12% APY and all coins are locked for 90 days. Ethereum 2.0 staking is also available at a rate of 4.09% APY.

Finally, OKX offers what it calls flash deals. These are limited time offers for investors to stake an in-demand token for a period of several days and earn potentially high interest rates. For example, one flash deal offers 500% APY for staking Bitcoin for 5 days.

OKX offers its own mobile crypto wallet, making it easy for investors to store their coins securely when they’re not staked to the exchange.

APR Offered on Cryptocurrencies 1%-300%
Min & Max Deposit Limits None
Lock-In Period Flexible or 90 days
Additional Rewards Offered None
Interest Payout Frequency Hourly

Cryptoassets are a highly volatile unregulated investment product. 

5. Battle Infinity – Stake IBAT and Earn up to 25% APY

Battle InfinityBattle Infinity is a new crypto project with a lot to offer for investors in search of crypto interest. The project recently finished up one of the best crypto presales of the year for its IBAT crypto token and held an ICO on the Pancakeswap decentralized exchange. Now, crypto staking pools for IBAT are live on Battle Infinity’s platform and offer rates up to 25% APY.

Battle Infinity investors can choose from several staking options. Flexible staking, which allows withdrawals at any time, offers rates of 12% APY and rewards can be manually re-staked. For investors willing to lock up their coins for higher rates, lock-up periods of 30, 90, 180, or 360 days are available. Rates for locked staking range from 14% t 25% APY.

Battle Infinity Staking

The Battle Infinity project itself is built around a new metaverse platform that the developers aim to turn into a multiverse. In Battle Infinity, players will have access to games like IBAT Premier League – a play-to-earn fantasy sports game created by Battle Infinity’s development team. They’ll also have access to mini-games created by outside developers. The result is a rich ecosystem of games and experiences that’s constantly evolving.

Importantly, IBAT is central to this ecosystem. In addition to being used to earn interest, IBAT is distributed as a reward to players who join IBAT Premier League and can be used to buy virtual goods at the Battle Infinity marketplace.

IBAT investors can stake IBAT from a Metamask wallet or any wallet supported by WalletConnect. IBAT staking is hosted on the Binance Smart Chain.

APR Offered on Cryptocurrencies IBAT – 12%-25%
Min & Max Deposit Limits None
Lock-In Period Flexible or 30, 90, 180, 360 days
Additional Rewards Offered None
Interest Payout Frequency Manual

Cryptoassets are a highly volatile unregulated investment product. 

6. The Uncharted  – Earn up to 400% Through This Sci-Fi NFT Project

The Uncharted is perhaps the most unique interest-bearing platform on this list. It is an NFT collection that is bridging the gap between traditional finance and Web3. There are 21,000 NFTs available for grabs, with 100% of the sales revenue being allocated towards the XETA Capital High-Frequency Trading fund. The latter plays a critical role in why there are such high returns on offer.

The Uncharted offers up to 20% per month in returns based on its high-frequency trading performance in the past. The HFT fund uses HFT algorithms, in addition to having a team of experienced traders, to bring revenue to the NFT holders. Speaking of which, a portion of the profit is distributed to all NFT holders every quarter via an airdrop. The investment period is 3 years, though there is no lock-in and investors are free to sell their NFTs on OpenSea.

The Uncharted is a young project, but it does bring some interesting ideas to the table. Its mission of acting as a bridge between TradFi and DeFi is unlike what other platforms on this list are offering, and the returns are high.

The Uncharted is powered by XETA, a successful project in its own right that has raised $3.2 million. The team consists of financial industry veterans who have decades of years working in global markets.

The Uncharted NFT collection is set to drop in Q1 2023.

APR Offered on Cryptocurrencies 1%-400%
Min & Max Deposit Limits None
Lock-In Period 3 Years – Can Sell NFT Before Term Ends
Additional Rewards Offered Quarterly profit distribution to NFT holders
Interest Payout Frequency Quarterly

7. Quint – Multiple Staking Pools with Rates up to 39% APY

Quint LogoQuint is a new yield farming crypto platform with an interesting twist. On Quint, users aren’t limited to earning crypto interest. The platform offers what it calls super-staking pools, which offer real-world rewards in addition to crypto. Depending on which of Quint’s super-staking pools users stake their QUINT tokens to, they can earn rewards like luxury watches, discounted airline tickets, luxury hotel stays, supercar experiences, and more.

In addition to these super-staking pools, Quint offers more traditional crypto interest accounts with some of the best DeFi interest rates around. When users stake QUINT tokens and receive rewards in Quint, they can earn up to 16.18% APY. When users stake a combination of BNB and Quint, the available interest rate skyrockets to 39.08%.


Rewards on QUINT can be claimed manually at any time simply by opting to ‘harvest’ rewards and re-invest them. It’s easy to move between Quint’s traditional staking pool and super-staking pools at any time since there’s no lock-in period for staking. Quint’s platform has been audited by Techrate and Certik, and the identities of the developers behind Quint are public.

QUINT tokens also have several benefits beyond earning crypto interest. Holding this token gets users access to Quint’s exclusive Metaverse Arts Club. Token holders also have access to Quint’s shop, where they will find custom merchandise only available to Quint users.

QUINT is currently available for purchase with BNB on the Pancakeswap decentralized exchange. Buy Quint today to stake and earn interest!

APR Offered on Cryptocurrencies Quint – 16.18% APY

Quint/BNB – 39.08% APY

Min & Max Deposit Limits None
Lock-In Period No lock-in period; flexible withdrawals offered
Additional Rewards Offered Luxury goods and services
Interest Payout Frequency Manual

Cryptoassets are a highly volatile unregulated investment product. 

8. DeFi Swap – Decentralized Exchange Offering Interest Up to 75% APY

DeFi Swap LogoDeFi Swap is a new decentralized crypto exchange and crypto yield farming platform that offers interest rates up to 75% APY. The platform has positioned itself as one of the most generous interest-bearing accounts in the crypto world right now, and DeFi Swap has set its sights on becoming a central player in the wider world of decentralized finance.

The key to earning interest on DeFi Swap is the platform’s native DeFi Coin token (DEFC). You can swap any major cryptocurrency to buy DeFi Coin on DeFi Swap, then stake it to start earning interest. You must lock in your stake for 30, 90, 180, or 365 days. Depending on which lock-in period you choose, you can earn rates of 30%, 45%, 60%, or 75% APY.DeFi Swap Exchange

The DeFi Coin itself can also earn you money. The value of this token has skyrocketed nearly 500% since the DeFi swap exchange launched. In addition, DeFi Coin token holders receive rewards from the platform that are paid out from transaction fees.

APY Offered on Cryptocurrencies DeFi Coin 30%-75%
Min & Max Deposit Limits Minimum – None

Maximum –  None

Lock-In Period 30, 90, 180, or 365 days
Security & Regulation Features Decentralized exchange
Additional Rewards Offered Token holders receive transaction fees from DeFi Coin purchases and sales.
Interest Payout Frequency Monthly

Cryptoassets are a highly volatile unregulated investment product.

9. YouHodler – Worldwide Platform with Compounding Interestyouhodler logo

YouHodler is a Swiss-based platform aiming to disrupt the crypto loan/interest sector. It was launched in 2017 by a dedicated team of finance/blockchain specialists and has since grown to serve more than 150,000 users around the world.

As the name would suggest, YouHodler has a focus on long-term holds. Because of this, security is paramount. YouHodler uses a mixture of hot and cold storage to keep assets safe. Additionally, YouHodler has incorporated Ledger Vault technology into their platform, allowing all users to choose between a range of advanced custody options.

The main draw to YouHodler is its excellent interest rates. It’s possible to earn compounding interest up to 15% by storing your assets on YouHodler. In contrast to some other platforms, YouHodler supports over 50 crypto-assets and all major stablecoins (USDT, USDC, TUSD, HUSD, PAX, DAI, EURS), meaning its possible to earn interest on even a well-diversified portfolio.

All in all, YouHodler is an attractive option. It’s available everywhere except in Afghanistan, Bangladesh, China, Cuba, Germany, Iran, Iraq, North Korea, Pakistan, Sudan, Syria, the USA, and US Islands. With its massive variety of supported assets, great interest rates, and dedicated team, YouHodler is one of the best crypto interest accounts out there.


APY Offered on Cryptocurrencies Stable Coins – Up to 12.3%

Cryptocurrencies – Up to 6.8%

Min & Max Deposit Limits Minimum – $100

Maximum –  None

Lock-In Period 30, 90, 180, or 365 days (Withdraw anytime)
Security & Regulation Features Decentralized exchange
Additional Rewards Offered N/A
Interest Payout Frequency Weekly

Cryptoassets are a highly volatile unregulated investment product.

10. – Earn Up to 14.5% Interest on Stablecoins logo

Next up on our list of the best crypto interest accounts for 2023 is This online platform offers a range of services, from low-cost cryptocurrency exchanges where you can buy cryptocurrency, an NFT marketplace, education, digital asset-backed crypto debit cards, and more. In terms of its crypto savings accounts, the platform supports dozens of digital tokens. Not only does this include stablecoins but plenty of large and medium-cap cryptocurrencies.

In terms of yields, allows you to earn up to 14.5% per year on stablecoin deposits. This attractive APY is, however, depending on the term of your deposit and whether or not you stake CRO tokens, which is native to the website. For instance, let’s suppose that you want to stake a stablecoin like Tether. To get the maximum benefit, you need to stake at least 40,000 CRO tokens and lock the funds up for three months. Alternatively, if you want to earn interest on Cardano and Ethereum, also gives you the option to do so. review

If, however, you switch over to a flexible lock-up period and decide not to stake any CRO tokens, the yield is reduced to 6%. This is still very competitive when you consider that banks in the US rarely offer an APY on flexible cash balances of more than 0.10% annually. Outside of its strong stablecoin offering, also provides savings accounts for the likes of Bitcoin Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Cardano, Chainlink, and more. To learn how to earn crypto rewards with the credit card, be sure to check out our full review as well.

Take note, although your interest will be paid out daily, the rewards will not compound at As such, you will need to manually reinvest the tokens to benefit from a long-term compounding strategy. Nevertheless, another reason that we like is that you can access your digital currency investments at any given time via the pre-paid debit card. This means that you could, for example, withdraw cash from an ATM and the funds will be deducted from your crypto interest account.

APR Offered on Cryptocurrencies ·      Stablecoins (USDT, USDC, DAI, etc) – Up to 14%

·      Non-Stablecoins (BTC, ETH, CRO, LTC, etc) – Up to 14.5%

Min & Max Deposit Limits ·      Minimum – Varies depending on coin (e.g. 0.005 BTC, 0.15 ETH)

·      Maximum –  $500,000 (USD equivalent)

Lock-In Period Customisable – three months, one month, or flexible
Security & Regulation Features ·      Tier 4 assessment from NIST Cybersecurity

·      Stress-tested by Kudelski Security

Additional Rewards Offered APR increases as the amount of CRO staked increases.
Interest Payout Frequency Weekly

Cryptoassets are a highly volatile unregulated investment product.

11. Binance – Top Crypto Interest Account for High Yields 

binance logo

Binance is home to the largest cryptocurrency ecosystem globally. Not only does its primary exchange attract the most daily trading volume in the market, but the platform also offers debit cards, leveraged products, educational courses, loans, and its very own native digital currency – BNB. Moreover, Binance also offers one of the best crypto interest platforms in terms of supported coins and yields.

In fact, if you’re looking to earn interest on cryptocurrencies outside of the top-10 for market capitalization, you’ll be offered some phenomenal APYs. For instance, this stands at 104% on Axie Infinity as of writing, and you can earn interest on NEAR at 21%. You can earn interest on Luna and Polkadot as Binance offer APYs of 12% and 18% respectively. Do note, that much like any other crypto interest account in the market, specific APYs are also dependent on your lock-up terms.

binance staking

For instance, while the aforementioned Axie Infinity offers 104% on a 90-day lock-up period, this is reduced to 25% on a 7-day plan. If you’re more interested in large-cap projects, you can earn up to 5% APY when depositing Bitcoin. And, best of all, this is a flexible savings account – so you can withdraw your BTC tokens at any given time. Another way to grow your crypto portfolio at Binance in a passive way is via staking crypto.

The platform supports dozens of staking coins at various APYs and lock-up terms – so this is well worth checking out. Moreover, we should also note that Binance offers super-low trading fees of just 0.10% per slide. This is relevant because you can use the Binance exchange to easily purchase the digital currency that you wish to earn interest. Finally, Binance allows you to view the performance of your crypto interest account in real-time – both online and via the provider’s app.

APR Offered on Cryptocurrencies ·      Up to 7% on stablecoins; up to 25% on non-stablecoins.

·      APR is tiered for each asset e.g. <0.01 BTC is 5%, <0.5 BTC is 0.80%, >0.5 BTC is 0.10%, etc.

Min & Max Deposit Limits Minimum is one lot, maximum is 100,000 (lot size varies depending on asset)
Lock-In Period Can choose between lock-in period or flexible access
Security & Regulation Features ·      Applying for UK trading license

·      Money Transmitter license in numerous US states

Additional Rewards Offered Higher APR offered when reaching higher tiers
Interest Payout Frequency Daily

Cryptoassets are a highly volatile unregulated investment product. 

12. Coinbase – User-Friendly Way to Earn Passive Income on Your Crypto Savings 

Although Coinbase put its crypto interest accounts on hold last year, the popular exchange still allows you to earn passive income via its staking platform. If you’re unfamiliar with staking, the underlying process is much the same as a crypto interest account. This is because with staking on the Coinbase website, you will be required to lock up your crypto tokens for a certain period of time.

During which, Coinbase will pay you rewards in the form of interest. We should note that as of writing, just six tokens are supported at Coinbase for the purpose of staking. The highest APY is offered on Cosmos at 5%, with Ethereum yielding 4%. Tezos and Algorand pay 4.64% and 4% respectively, while with Dai and USDC, this stands at just 2% and 0.15%. To be eligible for staking at Coinbase, you must have a verified account with a confirmed tax identification number (TIN). You can also earn interest on Cardano (ADA) at Coinbase.

coinbase staking

If you like the sound of Coinbase and wish to use the exchange to earn passive income, you have two options to get started today. First, if you already have an eligible cryptocurrency to hand, you can transfer the tokens over to Coinbase. Or, if you do not currently have any crypto, you can make a purchase directly on the Coinbase website. This will cost you 3.99% when using a debit or credit card and 1.49% via ACH. 

APR Offered on Cryptocurrencies ·      Stablecoins (USDC, DAI) – Up to 2%

·      Non-Stablecoins (ETH, ATOM, ALGO, XTZ) – Up to 4%

Min & Max Deposit Limits Not stated
Lock-In Period Flexible withdrawals offered
Security & Regulation Features ·      Regulated by the SEC

·      Listed on the NASDAQ

Additional Rewards Offered N/A
Interest Payout Frequency Daily

Cryptoassets are a highly volatile unregulated investment product.

Best Crypto Interest Accounts Compared

For a snapshot overview of the best crypto interest accounts reviewed in the previous sections, check out the comparison table below.

Interest on BTC Interest on Stablecoins Lock-Up Terms
OKX 5% 10% Flexible or 90 days
Battle Infinity N/A (Up to 25% for IBAT) N/A Flexible or 30, 90, 180, 360 days
The Uncharted N/A (Up to 20% per month) N/A 3-Years (Can Sell NFT Before Term Ends)
Quint N/A (Up to 39.08% for Quint/BNB) N/A Flexible
YouHodler 6.8% Up to 12.3% Flexible
DeFi Coin N/A (Up to 75% for DEFC) N/A 30, 90, 180, 365 days 8.50% Up to 14% Flexible – 3 Months
Binance 5% 7% on USDT Flexible – 3 Months
Coinbase N/A 2% Flexible

The crypto interest rates comparison table above is accurate at the time of writing.

How Does Crypto Interest Work?

Ordinarily, when you invest in cryptocurrencies, you will only make money if the value of the token increases and you decide to sell. However, a whole new investment landscape has since entered the blockchain market in the name of crypto savings accounts.

As the name suggests, this operates much like a traditional bank account, insofar that by depositing funds, you will be paid a rate of interest. And, just like you get with traditional financial institutions, some crypto interest accounts come with lock-up terms, while offers offer a flexible withdrawal policy.

what is crypto interest account

Moreover, the specific cryptocurrency that you deposit will determine how much interest you will be paid – as will your choice of provider. This is why it’s important to do lots of research in your search for the best crypto interest account.

With that said, before you begin searching for the highest yields on offer for your preferred crypto token, it is important that you understand how platforms are able to pay you interest on a digital asset class that only generates capital gains.

How do Crypto Interest Accounts Pay Interest?

In the vast bulk of cases, your chosen crypto interest account provider is able to pay you interest on your idle digital tokens through a centralized loan model. In more simple terms, when you deposit cryptocurrencies into the platform, the provider will use the funds to facilitate loans for those looking to borrow capital.

Let’s look at a basic example of how this might work:

  • You deposit $1,000 worth of Bitcoin into a crypto interest account
  • Your chosen provider offers 5% on a 3-month lock-up. As such, you won’t be able to withdraw the tokens until the 3-month period has concluded.
  • The $1,000 that you deposited is then used to fund crypto loans. For simplicity, we’ll say that the user pays a 7% interest per year.
  • After three months have passed, you get your $1,000 in Bitcoin back.
  • Plus, you also generated 5% APY in interest, which amounts to $12.50 over a 3-month lock-up

There are some important points to note about the above example. First and foremost, the example was based on a 3-month lock-up period. However, this isn’t the industry standard, as the best crypto interest account providers that we came across offer a variety of terms. Many of which offer flexible accounts that allow you to withdraw your tokens at any given time.

Moreover, you will quickly notice that because the interest is paid by a user that is borrowing funds, this in itself presents a risk. After all, if too many users on a specific platform default on their crypto loan repayments, this could result in you getting back less than you originally invested.

Which Platforms Have the Best Crypto Interest Rates?

If you’re searching for the best platforms in terms of crypto interest rates, then this really does vary. For example, while one platform might offer a more competitive APY on Bitcoin, its interest rate on Ethereum might not be as attractive.

And as such, it’s really important to shop around to find the best deal for your circumstances.

  • Nevertheless, to give you an idea of what’s on offer, up to 7% on stablecoin deposits, and 1% on Bitcoin and Ethereum.
  • In comparison, the best stablecoin APY at Coinbase stands at just 2%, which is paid on DAI tokens.

Another thing to bear in mind when searching for the best crypto interest rates is that higher yields might be a result of less favorable terms.

For example, to maximize the interest rate, not only do you need to lock your tokens away for 90 days, but you’ll also need to stake the platform’s native digital token – CRO. These are all points to take into account before you proceed.

Did you know that you can earn free Bitcoin without having to risk your life savings on the volatile crypto market? Read our how to earn free Bitcoin guide to learn more.

What Cryptos Can You Earn Interest On?

Put simply, you can earn interest on virtually any cryptocurrency – as it’s up to the platform in question which digital assets it offers support for. With that said, most crypto interest accounts will focus on large-cap projects like Bitcoin, Ethereum, and Cardano.

If you are looking to stake less liquid cryptocurrencies that carry a smaller market capitalization, then Binance is probably the best platform for this purpose.

  • If you’re looking for the highest yields with the least amount of volatility, nothing quite compared to stablecoins.
  • This is because some platforms offer an APY of up to 7% on stablecoins like USDC.
  • And as such, you don’t need to worry about ever-fluctuating token prices when earning interest on crypto stablecoins.

On the other hand, when opting for a traditional cryptocurrency like Bitcoin or Ethereum, you always stand the risk of the token going down in value. If this does happen, your losses may exceed the amount of interest that your chosen crypto interest account provider is offering.

Crypto Compound Interest?

In the traditional investment markets – whether that’s in the shape of stocks, bonds, or real estate – assets that generate income allow you to grow your portfolio much faster.

This is because of the impact of compound interest. In its most basic form, by reinvesting your dividends, coupon payments, or monthly rental income back into other assets, your newly purchased instruments will also start generating a regular yield.

And as such, you will ‘earn interest on the interest’. The good news from your perspective is that compound interest can also be achieved through a crypto interest account.

crypto compound interest

This means that every time you receive a payment – which is often daily, you will reinvest the funds back into the respective interest-bearing account.

In doing so, you can accelerate the pace at which your crypto funds grow.

For example:

  • Let’s say that you invest $1,000 into a crypto savings account that pays 10% per year.
  • At the end of the first year, you will have made $100 in interest.
  • If you choose to withdraw this $100, then your balance will revert to $1,000 and at the end of the following year, you will once again make $100 in interest – assuming the APY remains at 10%.
  • However, if you reinvested the $100 back into the crypto interest account, the following year would yield an interest payment of $110.
  • This is because a total balance of $1,100 at 10% APY yields $110.
  • Then, if you again reinvested the interest, your new balance would stand at $1,210. Meaning – at 10%, next year’s interest payment would stand at $121.

As you can see from the example above, on each occasion that you reinvest your crypto interest back into the savings account, your payments exponentially increase.

How to Earn Interest on Crypto?

We will now show you the ropes of how to earn interest on crypto at a top-rated platform like Quint.

Step 1: Visit Quint

In order to stake tokens with Quint, users will need QUINT crypto. The best way to buy Quint is to visit Quint’s website and then click ‘Buy on Pancakeswap.’


Step 2: Buy QUINT

Once on Pancakeswap, connect a crypto wallet to the platform. Enter the amount of QUINT tokens to purchase using BNB and then complete the purchase.

Buy Quint on Pancakeswap

Step 3: Connect to Quint

Return to the Quint website and click ‘Staking.’ Then choose a staking pool to join and click ‘Connect Wallet.’

Quint Super Staking

Step 4: Stake QUINT

Select the amount of QUINT you wish to stake, then click ‘Stake.’ When it’s time to claim the earned interest and re-invest it, simply click the ‘Harvest’ button to transfer funds back to the crypto wallet.

Stake Crypto on Quint

Is Crypto Interest Taxed?

You might already know that many jurisdictions tax cryptocurrency trading profits in the same way as other assets that generate capital gains.

But, what about crypto interest?

Well, this really does depend on the jurisdiction that you are a resident of for tax purposes – as there is no universally accepted system.

With that said, you might find that if your respective jurisdiction does tax the earnings you make via a crypto interest account, this might be initiated in the same way as dividend income.

But, once again, it is imperative that you seek professional guidance from a qualified tax specialist.

Are Crypto Interest Accounts Safe?

This section of our guide is potentially the most important – as we discuss the implications of using a crypto interest account in terms of safety.

Across most savings accounts, there are a number of core risks that need to be considered – including:

  • The risk of the platform offering the crypto interest account
  • The risk of a great number of borrowers defaulting on their loans
  • The risk of the broader crypto market crashing

We explore the above risks in more detail in the sections below.

Platform Risk

When you deposit funds into a crypto interest account, you are using a centralized provider. In a nutshell, this means that you are trusting the platform in question to meet its obligations.

This includes keeping your cryptocurrency investment safe and away from the hands of remote hackers. This also means distributing your interest payments on time and at the agreed amount.

There are no guarantees that any of the above agreements will be acted on by the platform – so it’s crucial that you research the respective provider extensively before opening a crypto interest account.

Default Risk

We explained in great detail earlier that crypto interest account providers are able to pay you interest because your deposited tokens are used to fund loans. And of course, as is the case with all loan agreements, there is always the risk of default.

  • On the one hand, if a small number of borrowers default on their loan, this likely wouldn’t be a major issue.
  • However, if a large number of defaults are experienced on a single platform, then this could be problematic.
  • After all, we have seen many peer-to-peer lending platforms collapse in recent years – which resulted in investors losing some or even all of their money.

With that said, the best crypto interest accounts that we came across have a crucial safeguard in place – collateral. This means that for somebody to borrow funds on the platform, they must put down a security deposit in the form of crypto.

This means that in the event the individual defaults on their loan agreement, the platform will sell the collateral to ensure that investors are repaid.

Market Crash Risk

Leading on from the above section, it is notable that the best crypto interest platforms require a minimum amount of collateral to facilitate loan requests. However, this collateral likely won’t be sufficient in the event that there is a major crypto market crash.

After all, if the platform is required to sell large amounts of collateral when market prices are down considerably, this means that it will get far less back when compared to the original principal amount at the time of the loan.


In summary, crypto interest accounts give you the best of both worlds. Not only can you invest in your favorite digital currencies in the hope that the value of the token will increase over time, but you can earn regular interest on your holdings.

And, when compared to traditional bank accounts, crypto interest accounts offer much more attractive yields. In many cases, this will exceed an APY of 10%. You do, however, need to consider the risks – as returns are never guaranteed. Alternatively, cryptocurrency tokens such as Wall Street Memes ($WSM) offer huge staking APYs. This cryptocurrency offers a 68% staking APY, and has raised more than $25 million on presale. The token is now trading on exchanges such as OKX and Huobi.

Frequently Asked Questions on Crypto Interest Accounts

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What are crypto interest rates?

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