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Earning passive income from crypto sounds like a dream, but with the best crypto savings accounts, it’s a reality. Instead of letting your digital assets sit idle, you can put them to work and watch them grow - whether through flexible savings, fixed-term deposits, or other high-yield options. But with so many platforms promising competitive rates, how do you know which one is right for you?
Some accounts offer instant access to your funds, while others lock them up for higher returns. Security, reliability, and, of course, interest rates all play a role in making the best choice. And if you're wondering which crypto earns the most interest, that depends on the platform, the asset, and even market conditions. So, to help you narrow down your choices, I've listed seven platforms offering crypto savings solutions:
- HTX – Best for Global Reach
- Coinbase - The Beginner’s Choice
- Crypto.com – Best for Versatility
- YouHodler – Best for Crypto-Backed Loans
- Nexo – Best for Earning Daily Interest
- Kraken - Secure, Compliant, and Versatile
- BYDFi - User-Friendly Trading for All
Finding the right fit can make all the difference in maximizing your earnings. Let’s dive into the top crypto savings platforms and what makes them stand out.
1. HTX – Best for Global Reach
Ranks #1 out of 7 Crypto Exchanges
- + Very low fees
- + User-friendly interface
- + Most crypto assets are stored offline
- + 24/7 customer support
- - Only crypto assets available to be exchanged
HTX, formerly known as Huobi Global, is a leading cryptocurrency exchange offering a wide range of services to crypto enthusiasts worldwide. It offers HTX Earn, a platform designed to help users grow their digital assets through various earning options.
HTX Earn provides both Flexible and Fixed-Term products to cater to different investment preferences. The Flexible Earn option allows users to earn interest on their assets with the freedom to withdraw at any time, offering a balance between liquidity and returns. The estimated APY varies but currently, it ranges from 0.4-20% depending on the asset and market condition.
On the other hand, Fixed-Term products offer potentially higher returns for those willing to lock their assets for a specified period. These products provide competitive crypto savings account interest rates, with APYs varying based on the chosen asset and term length. This flexibility in investment options makes HTX Earn a strong contender among the best crypto savings accounts, allowing users to tailor their strategies to their financial goals.
Key Features
Here are some of the key features that make HTX a standout platform for both trading and saving, solidifying its reputation as one of the best crypto savings accounts in the market:
- Extensive Cryptocurrency Selection. HTX offers access to over 700 cryptocurrencies, providing users with a vast array of trading and investment opportunities.
- Innovative Financial Products. Beyond traditional trading, HTX introduces unique financial offerings such as staking and Dual Investment, allowing users to diversify their earning strategies.
- Competitive Trading Fees. HTX charges a 0.2% maker and taker fee for standard trades. However, by holding HTX tokens (HT), users can receive discounts, with fees decreasing as their HT holdings increase. Professional traders can benefit from even lower fees, with maker fees starting at 0.0362% and taker fees at 0.0462%.
- Comprehensive Ecosystem. HTX encompasses various blockchain economic activities, including digital asset dealing, financial derivatives, wallet services, research, and investments, offering users a holistic platform for all their cryptocurrency needs.
2. Coinbase - The Beginner’s Choice
Ranks #2 out of 7 Crypto Exchanges.jpg "Coinbase - The Beginner’s Choice")
- + Accepts fiat currencies
- + Simple to use
- + Supports only trusted cryptocurrencies
- + Very secure
- - Some of the less-known altcoins aren't supported
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Coinbase is one of the most well-known and user-friendly cryptocurrency exchanges globally, especially popular in the United States. Founded in 2012 and headquartered in San Francisco, it has grown into a publicly traded company (NASDAQ: COIN), which adds to its credibility and transparency. Coinbase is often the first choice for beginners due to its simple interface and straightforward buying process.
As of 2025, Coinbase supports over 290 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins. It caters to different user levels through two platforms:
- Coinbase (Standard Platform): Focused on beginners, offering easy buying, selling, and holding of crypto.
- Coinbase Advanced (formerly Coinbase Pro): Designed for more experienced traders, providing advanced charting tools, lower fees, and a range of order types.
Coinbase places a strong emphasis on security to protect user funds and data. It secures approximately 98% of customer assets in cold storage, keeping them offline and away from potential hackers. Additionally, two-factor authentication (2FA) is required for account access, adding an extra layer of protection.
For US-based customers, USD balances are FDIC-insured up to $250,000, providing a safety net in case of platform issues. Sensitive user data is safeguarded through encryption protocols, ensuring that personal and financial information remains private. Coinbase also runs a bug bounty program, encouraging security researchers to report vulnerabilities, which helps maintain the platform’s robust defense systems.
3. Crypto.com – Best for Versatility
Ranks #3 out of 7 Crypto Exchanges
- + Beginner-friendly
- + Secure
- + Decent trading and withdrawal fees
- + Credit / debit card purchases - available
- - Long KYC verification times
Crypto.com is a comprehensive cryptocurrency platform offering a wide array of services, from trading and staking to a popular crypto savings program known as Crypto.com Earn. This feature allows users to earn passive income on their crypto holdings, making it a strong contender among the best crypto savings accounts available.
Crypto.com Earn provides users with the flexibility to choose between different term options - Flexible, 1-month, and 3-month terms - depending on their investment preferences. The crypto savings account interest rates vary based on the chosen term and the type of cryptocurrency deposited.
For example, during a limited-time offer, users could earn up to 15% per annum on USDC and USDT for a 3-month fixed term. Generally, interest rates range from 0.5% to 12.5% APY, with higher rates often available for the platform's native token, CRO.
Interest is calculated and paid out weekly, allowing users to enjoy regular returns on their investments. Additionally, Crypto.com Private users - those holding premium Visa cards - can receive an extra 2% per annum on fixed-term allocations, further enhancing their earnings.
Key Features
Do you think Crypto.com is the right choice for your crypto savings? If you're still unsure, here are four of its core features that may help you make a more educated decision:
- Flexible and Fixed-Term Earning. Users can choose from Flexible, 1-month, or 3-month terms, with higher crypto savings account interest rates for longer commitments.
- High-Yield Rewards for CRO Holders. Users who stake Crypto.com’s native token (CRO) or hold Crypto.com Private Visa cards can unlock bonus interest rates, boosting their passive earnings.
- Comprehensive Crypto Ecosystem. Crypto.com offers spot trading, staking, NFTs, a Visa card with cashback, and DeFi services, making it a one-stop shop for crypto enthusiasts.
- User-Friendly Mobile App & Security. The Crypto.com App provides a seamless experience for managing assets, while robust security measures like cold storage and multi-factor authentication ensure user funds remain protected.
Did you know?
All Crypto Exchanges may look similar to you but they're NOT all the same!
4. YouHodler – Best for Crypto-Backed Loans
Ranks #4 out of 7 Crypto Exchanges
- + Simplified trading tools
- + Cloud mining capabilities
- + Regulations compliant
- + Impressive loyalty and affiliate programs
- - No crypto credit/debit card (yet)
- - Limited variety of crypto assets to buy
YouHodler is a versatile cryptocurrency platform that offers a range of financial services tailored to both new and seasoned crypto enthusiasts. Beyond standard trading features, YouHodler provides crypto-backed loans and innovative tools like MultiHODL, designed to amplify users' crypto assets.
YouHodler also has its own crypto savings accounts solution, which enables users to earn interest on their digital assets. The platform supports a diverse selection of cryptocurrencies such as SHIB and PEPE. Notably, YouHodler offers competitive annual percentage yields (APY), with rates reaching up to 18% for certain assets like USDC and TUSD.
Interest payouts are credited to users' accounts every seven days, allowing for consistent growth of their holdings. This weekly compounding can significantly enhance returns over time, especially for those committed to long-term investment strategies.
With its user-friendly interface and attractive interest rates, YouHodler positions itself as one of the best crypto savings accounts, catering to individuals seeking to maximize the potential of their digital assets.
Key Features
YouHodler combines high-yield savings with innovative financial tools, making it a great option for those looking to grow their crypto holdings. Here are four standout features that set it apart:
- High-Yield Crypto Savings Accounts. Users can earn up to 18% APY on select assets, with weekly interest payouts for consistent passive income.
- Wide Asset Support. YouHodler supports a variety of cryptocurrencies, including stablecoins like USDC and TUSD, as well as popular tokens like SHIB and PEPE.
- Crypto-Backed Loans. Users can leverage their crypto as collateral to borrow cash or stablecoins, without needing to sell their holdings.
- Innovative MultiHODL Feature. A unique tool that lets users amplify potential returns by using their crypto savings for strategic market exposure.
5. Nexo – Best for Earning Daily Interest
Ranks #5 out of 7 Crypto Exchanges
- + High interest rates on savings
- + Instant crypto credit lines
- + Asset insurance and security
- + User-friendly platform
- - Limited transparency on interest generation
- - Regulatory uncertainty
Nexo isn’t just another crypto platform - it’s a fully regulated digital asset institution that bridges traditional finance with the world of crypto. Launched in 2018, it offers a suite of services, including trading, borrowing, and high-yield savings, making it a go-to choice for those looking to earn passive income on their crypto holdings.
One of Nexo’s biggest draws is its crypto savings accounts, which allow users to earn up to 14% annual interest on cryptocurrencies and stablecoins. The Flexible Savings option lets users earn interest daily with no lock-up period, providing a great mix of accessibility and passive income. But if you’re looking to maximize returns, Nexo’s Fixed-Term Savings offers even higher rates - up to 16% APY - in exchange for locking up funds for 1 to 12 months.
Another unique feature is that interest rates can increase based on loyalty levels. Holding Nexo’s native token (NEXO) unlocks bonus rates and perks, making it one of the best crypto savings accounts for long-term investors. Whether you prefer the flexibility of instant access or the commitment of high-yield crypto saving accounts, Nexo provides multiple ways to make your crypto work for you.
Key Features
With its strong focus on earning and financial flexibility, Nexo stands out as a top choice for crypto investors. Here are four key features that make it one of the best crypto savings accounts available:
- High-Yield Crypto Savings. Earn up to 14% APY on Flexible Savings or up to 16% APY on Fixed-Term Savings, with daily interest payouts and compounding.
- Loyalty-Based Rewards. Holding NEXO tokens unlocks higher interest rates, better borrowing terms, and additional perks within the platform.
- Instant Crypto Credit Lines. Borrow cash or stablecoins against your crypto holdings with no credit checks, offering a seamless way to access liquidity without selling assets.
- Regulated & Secure. Nexo operates as a licensed and insured platform with $775 million in insurance on custodial assets, ensuring top-tier security for users.
Nexo uses Ledger Vault's institutional-grade storage to ensure the security of users' funds.
6. Kraken - Secure, Compliant, and Versatile
Ranks #6 out of 7 Crypto Exchanges.jpg "Kraken - Secure, Compliant, and Versatile")
- + Secure and reliable
- + Accepts fiat currencies
- + Lots of trading options
- + 24/7 customer support
- + Opt-in staking
- - Relatively high fees
Kraken is one of the longest-standing and most reputable cryptocurrency exchanges in the world, founded in 2011 and based in San Francisco, USA. It is known for its strong focus on security, regulatory compliance, and a diverse range of supported cryptocurrencies. As of 2024, Kraken supports over 360 cryptocurrencies, making it one of the more versatile platforms for traders and investors looking to access a broad selection of digital assets.
Kraken is popular among both beginners and experienced traders because it offers a variety of trading options, including spot trading, margin trading, futures contracts, and staking services. Its trading fees are competitive, typically ranging between 0.00% and 0.4%, depending on the user’s trading volume and order type.
Security is one of Kraken’s most notable strengths. It employs cold storage for the majority of user funds, two-factor authentication (2FA), SSL encryption, and strict surveillance of its systems. Additionally, Kraken has a Proof of Reserves audit feature, ensuring customers that their funds are adequately backed.
At the moment of writing, Kraken has never suffered a major hack, a rarity in the cryptocurrency industry.
The platform also follows regulations in multiple regions worldwide, including the US, UK, Canada, and Australia. So, it is a great option if you’re looking for a platform with strong regulatory compliance.
7. BYDFi - User-Friendly Trading for All
Ranks #7 out of 7 Crypto Exchanges
- + Huge trading variety
- + Regulation-compliant around the globe
- + Fair trading fees
- + Beginner-friendly tools
- + Copy trading functionality
- - No NFT services
- - No staking capability
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BYDFi is a cryptocurrency exchange platform that aims to provide a user-friendly experience for both novice and experienced traders. While relatively newer compared to some established giants, BYDFi has focused on offering a diverse range of trading options. Some of BYDFi’s key features include:
- Spot Trading: Buy and sell cryptocurrencies at current market prices.
- Derivatives Trading: Trade cryptocurrency futures and options contracts.
- Copy Trading: Automatically replicate the trades of experienced traders.
- Mobile App: Trade on iOS and Android devices.
- Educational Resources: Guides and tutorials for learning about crypto trading.
- Trading Bots: Use automated tools to trade cryptocurrencies like a pro.
The platform supports more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi also aims to provide competitive trading fees by offering a flat maker/taker rate of 0.1% on its spot trading platform.
BYDFi is available in the US, Canada, and 150 other countries.
When it comes to security, BYDFi implements essential measures to ensure users' data and funds safety. It uses Amazon Web Services, multi-factor authentication and hardware verification, as well as SHA512 with 512-bit encryption to protect the system. Users can also use two-factor authentication (2FA) using Google Authenticator and SMS to protect their accounts.
Comparing the Best Crypto Savings Accounts
Now that we've looked at the seven best crypto savings account solutions, it's easy to feel like you're swimming in options. To make it easier to see which one works best for you, let's take a look at this simple comparison table. This way, you can quickly see the key differences between them at a glance.
Exchanges | Best for | Trading Fees | Supported Coins | Key Features |
|---|---|---|---|---|
High liquidity | ~0.1% maker/taker | BTC, ETH, XRP +390 more | High liquidity, Multiple fiat gateways | |
Derivatives trading | ~0.1% maker/taker | BTC, ETH, XRP +1,500 more | Advanced derivatives platform, Leveraged tokens | |
Altcoins offerings | ~0.1% maker/taker | BTC, ETH, LTC +900 more | Wide range of supported crypto, Beginner-friendly interface | |
Global reach | ~0.2% maker/taker | BTC, ETH, XRP +700 more | Various trading and earning features, Crypto loan solutions | |
Versatility | 0.250% maker | BTC, ETH, XRP +400 more | Various DeFi services, | |
YouHodler | Crypto-backed loans | ~1% execution fee + 10% profit share + variable rollover fee | BTC, ETH, DOGE +50 more | Crypto-backed loans, |
Nexo | Earning daily interest | ~0.20% maker/taker | BTC, ETH, USDT +100 more | Instant crypto-backed loans, |
Table: Comparison between exchanges offering crypto savings accounts.
Hopefully, it's given you a good idea of what's out there for earning interest on your crypto. Honestly, there's a ton of variety, which is cool! But, just remember, everyone's different. What works for your buddy might not be the best for you. Take a good look at what matters most to you – interest rates, features, the coins they support – and do a little digging.
📚 Read More: Best Cryptocurrency Exchange
What Are Crypto Savings Accounts?
If you’ve ever used a traditional savings account, then you already get the basic idea of how crypto savings accounts work. Instead of letting your crypto sit idle in your wallet, these accounts let you deposit your assets and earn interest over time. The best part? The interest rates are usually way higher than what you’d get from a regular bank.
These accounts work because platforms lend out your deposited crypto to borrowers or invest it in other yield-generating strategies. In return, you earn a cut of the profits as interest payouts, often daily or weekly. Some platforms even offer flexible withdrawals, while others require you to lock your funds for a set period to earn higher returns.
Keep in mind that interest rates are different on every platform, and they fluctuate a lot, especially with how crypto prices move[1].
Now, you might be thinking: "Wait, isn’t that the same as crypto staking?" Not quite. While both involve earning passive income, there are key differences:
Feature | Crypto Savings Accounts | Crypto Stakings |
|---|---|---|
How It Works | Lend your crypto to a platform, which reinvests or loans it out. | Lock up crypto to help secure a blockchain network. |
Typical Interest Rate | 3% – 12% (varies by platform and asset) | 4% – 20% (varies by blockchain and staking method) |
Lock-up Period | Some platforms offer flexible terms; others require fixed deposits. | Often requires locking funds for a set period. |
Main Risk | Platform insolvency or lending risks | Market volatility and potential unstaking delays |
Table: Comparison between crypto savings accounts and crypto stakings.
So, for example, if you're looking for a Coinbase savings account, technically you won't find one. Why? While Coinbase has its own Earn feature, it does not offer a traditional crypto savings account like Binance Earn or Nexo, where users can deposit funds and earn passive interest through lending.
To sum it up, if you’re just looking to earn passive income without worrying about technical complexities, crypto savings accounts might be the better choice. But if you believe in a blockchain network’s future and don’t mind a lock-up period, staking could be more rewarding. So, which one fits your goals?
Benefits and Risks of Crypto Savings Accounts
Crypto savings accounts sound like an easy way to earn passive income - but like everything in crypto, there are both perks and risks to consider. On one hand, you’re making your assets work for you. On the other, you have to trust the platform handling your funds. So, is it worth it? Let’s break it down:
- Higher Interest Rates. Compared to traditional banks, a crypto savings account interest rate can be significantly higher. Some platforms offer 10% or more on stablecoins, while banks barely give you 1%.
- Passive Income. If you’re HODLing anyway, why not earn some extra crypto on the side? These accounts let your assets work for you instead of just sitting idle.
- Flexible or Fixed Terms. Some platforms let you withdraw anytime, while others give higher rates if you lock up your funds for a few months.
- Earn Interest on Multiple Cryptos. Wondering which crypto earns the most interest? It depends on the platform, but stablecoins, Bitcoin, and Ethereum usually offer solid returns. Some altcoins can have even higher rates - but with more risk.
But, of course, it’s not all sunshine and profits. Here are some of the potential risks:
- Not FDIC Insured. Unlike traditional savings accounts, there’s no government protection if a platform goes under. If they mismanage funds or get hacked, you could lose money.
- Lending Risks. Many platforms lend out your crypto to generate returns. If borrowers default[2] or market conditions shift suddenly, withdrawals could be restricted or interest rates could drop.
Crypto savings accounts can be a great way to earn extra income, but it’s always smart to do your research and spread your assets across multiple platforms for safety.
📚 Read More: How to Make Passive Income With Crypto
How to Choose the Best Crypto Savings Account
With so many platforms out there, picking the best crypto savings accounts can feel overwhelming. But don’t worry - I’ve got you covered. Here’s what I look for when deciding where to park my crypto and earn some passive income.
- Security First. Your funds are only as safe as the platform holding them. I always check to see if a platform has strong security features, such as cold storage, multi-signature wallets, and insurance coverage. If a company isn’t transparent about how it protects user funds, that’s a red flag.
- Interest Rates & Payout Frequency. Not all platforms pay the same. Some offer daily interest payouts, while others do it weekly or monthly. Also, high-yield crypto saving accounts might require you to lock your funds for a period, so I always compare flexible vs. fixed-term options.
- Supported Cryptos. If you’re earning interest, you want to make sure the platform actually supports your preferred coins. Some platforms focus on stablecoins like USDT and USDC, while others offer higher rates on altcoins.
- Fees & Withdrawal Rules. Hidden fees can eat into your profits. Some platforms charge withdrawal fees or require a minimum balance to earn interest. I always read the fine print to avoid surprises.
- Platform Reputation & Regulation. A platform might promise insane returns, but if it’s unregulated or has a shady track record, I stay far away. Checking reviews, security audits, and compliance with financial laws helps avoid risky choices.
At the end of the day, the right choice depends on your risk tolerance and investment goals. Do your research, spread your assets across multiple platforms, and don’t chase unrealistic promises!
Conclusions
Choosing the best crypto savings accounts isn’t just about picking the one with the highest rates - it’s about finding the right balance of security, flexibility, and rewards that fit your financial goals. Some platforms offer fixed-term deposits for higher yields, while others focus on flexible savings with daily interest payouts.
And if you’re still wondering which crypto earns the most interest, that depends on the platform, the asset, and whether you’re staking or using a savings account.
It’s also important to know the difference between a crypto savings account and other earning features. For example, if you're looking for a Coinbase savings account option through its Earn page, you should know that it works differently from traditional crypto savings by focusing on staking and learning rewards rather than deposit-based interest.
At the end of the day, the best savings account is the one that helps you grow your crypto while keeping it safe. Choose wisely, and let your assets work for you!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Shuai Z., Xinyu H., Shusong B.: 'What Determines Interest Rates for Bitcoin Lending?';
2. Mikhaylov A.: 'Understanding the Risks Associated With Wallets, Depository Services, Trading, Lending, and Borrowing in the Crypto Space'.
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