7 Best Crypto Savings Accounts

Put your crypto balance to work. With the best crypto savings accounts, you can receive up to 12% APY on your cryptocurrency.

Why bother putting money into a regular savings account with low-interest rates that are out right now? You might as well hide it under your mattress with a dismal 0.25% rate of return. A crypto savings account, on the other hand, may provide you with a decent sum of money quickly.

Rates will differ, but it's not unusual for crypto interest accounts to produce high yields of 4% to 8%. And they may go even higher. It's your best bet to improve the overall return on your crypto holdings.

Not just any old cryptocurrency savings account will do. We understand that you'll want to be picky. That's why we've compiled a list of the finest crypto exchanges available. Here are our top eight picks.

Best Crypto Savings Accounts

Check out the best crypto savings accounts to make money instantly on your crypto holdings:

1. BlockFi – Best Overall

BlockFi is one of the most competitive and well-known cryptocurrency savings account for a reason. It currently pays up to 8.25% compounded daily, which is quite good. There are no account fees or minimums to worry about. BlockFi is located in the United States and serves as a pillar among a crowded field of competitors.

There is a simple and secure registration form available online. The system is user-friendly and straightforward to utilize, and you can use your regular bank to ACH transfers.

Simply select your preferred cryptocurrency, and BlockFi will set you up with an account. There's no catch.

Best for:

It's simple enough for novices and users with a fair amount of crypto knowledge.

What you should know:

You can withdraw at any time. While there is a restricted range of cryptocurrencies available, it's more than enough if you're just getting started.


To get a one-time Bitcoin promotion of up to $250, simply fund your Block Interest Account (BIA) for the first time.

Where to start:

Earn more from your crypto with a BlockFi interest account.

2. Crypto.com

crypto.com crypto savings account

Crypto.com is a premier cryptocurrency exchange that offers low fees and an extensive list of around 60 cryptocurrencies, including its own CRO. Account minimums vary depending on the type of money you keep and how long you intend to keep it for. It currently pays interest rates ranging from 14.5% to 14.6% APY.

For those with huge funds, cardholders can get a pre-paid Visa card with cash back incentives up to 8%. For everyone else, there's the Midnight Blue card, which returns 1% cashback. Users may put money on their cards by electronic bank transfers or wire transfer.

Best for:

Crypto.com is ideal if you want to keep assets for longer than three months or can stake $50,000 in CRO.

What you should know:

The site is difficult to use, and the Crypto.com trading fee structure appears to be complex for novices. Furthermore, though there are over 100 coins available, 40 of them aren't available in the United States, and another 35 aren't accessible in every state.


See the latest bonuses here.

Where to start:

Calculate your reward potential on Crypto.com.

3. Gemini Earn

gemini crypto savings account

With Gemini Earn, you can receive up to 8.05% APY on your cryptocurrency, including stablecoins.

Gemini is highly rated, secure, and simple to use for basic functions like making a trade or linking to external bank accounts.

There are some good educational tools available on the website and app and it also offers competitive rates, a broad variety of cryptos, and a solid yield on stablecoins.

Best for:

Gemini is a sophisticated trading platform that is ideal for amateur AND experienced traders and investors of all skill levels.

What you should know:

Gemini is lacking some of the most popular digital currencies. The fee structure for small transactions is expensive, as is the case with most exchanges. There is no linked debit card but you can shop at a variety of internet retailers through its mobile app.


See the latest Gemini promotions here.

Where to start:

Put your crypto balance to work at Gemini Earn.

4. Coinbase

coinbase crypto savings account

Coinbase is a cryptocurrency exchange and one of the most popular locations to buy Bitcoin and other cryptocurrencies. Its savings account is the newest member of the club. The interest account provides a wide range of currencies with small minimum deposits needed.

They have a simple, top-rated mobile app with additional features. There's a big range of beginner tutorials, crypto hints, and lessons in the app. You may also get free cryptocurrency by enrolling in certain courses.

The current APY for USD coin is 4% compounded monthly. Because Coinbase is said to be more rigorous in its lending procedures, the yield is relatively modest.

Best for:

Coinbase offers a wide range of features for novice investors, making it an ideal platform. The robust trading platform is perfect for experienced traders who wish to make Bitcoin transactions and earn interest on there holdings.

What you should know:

Coinbase charges a high 0.50% fee on every transaction, which few people are willing to pay for tiny purchases. On most currencies, interest rates are little. More experienced traders may want more sophisticated trading tools and low trade costs.


You'll get $10 in free Bitcoin when you buy or sell $100 or more in crypto.

Where to start:

Learn more and earn crypto for your Coinbase account.

5. Nexo

nexo crypto savings account

With no account minimums and a tiered withdrawal system, Nexo allows you to make instant transfers with no fees or restrictions. You may withdraw any amount for free up to the percentage of NEXO tokens you possess. A Mastercard debit card is also available.

You can store 24 different cryptocurrencies, stablecoins, and other digital assets in your account. Stablecoins paid an APY of up to 12% on a daily basis. NEXO token owners earn bigger interest rates on savings accounts. Daily compounded interest is credited to your account, so there's no need to wait a month to begin earning passive income.

Despite the fact that the platform is jam-packed with features, it is geared toward novices. It's simple to learn and even easier to get started.

Best for:

The clean layout and shallow learning curve appeal to newcomers. Long-term cryptocurrency investors will appreciate the limitless withdrawals.

What you should know:

There are fewer instructional resources than some of the competition if you want to learn more about trading crypto.


Еnter the world of crypto today and get $10 worth of Bitcoin.

Where to start:

Make your idle cryptocurrencies work for you with Nexo.

6. Celsius

celsius crypto savings account

Celsius based its entire strategy on the mobile market. As a result, you'll be able to access it quickly and easily. There's no minimum deposit requirement, no costs, and a fantastic rewards program. They have a decent variety of crypto, with 25 as well as over 10 stablecoins available. The current APY is up to 17.78 percent compounded weekly.

You can also borrow money in cash on the Celsius lending platform. Loan approval is rapid and there are no credit checks or costs involved.

Best for:

The best platform for novices is Celsius. It's also wonderful for passive investors who want to earn higher interest rates while holding on to their crypto assets and employing cryptocurrency lending methods.

What you should know:

Investors from other countries can earn higher interest rates on CEL than U.S. residents. There is also no website; instead, there is only a mobile app.


Join Celsius Network using this unique referral link or use the referral code 1011894cdc when signing up and earn $50 in BTC with your first transfer of $400 or more.

Where to start:

See what you could be earning at Celsius

7. Voyager

voyager crypto savings account

Voyager is a 100% commission-free trading platform. They have a large number of cryptocurrencies, including popular assets such as Dogecoin and Shiba Inu. Voyager pays competitive interest rates for crypto, up to 9% APY. The platform, despite being simple to use, also provides professional trading services.

Best for:

The Voyager platform is ideal for people who are new to crypto or those that value mobility.

What you should know:

Voyager, however, is only accessible on mobile and the service is restricted to the United States. However, in 2023, Voyager intends to expand worldwide.


Download the app and trade $100 to get $25 of free Bitcoin. Use code 46E27E98A or this link to claim your BTC.

Where to start:

Let your crypto work for you at Voyager.

Key Things to Remember about Crypto Savings Accounts

FDIC Insurance

A crypto account is, in fact, an investment. There is no assurance that you will get your money back if the firm folds or for any other reason. As a result, it's critical to stay with well-established firms like the crypto savings account mentioned in our list.

Private Key

When you contribute to a crypto savings account, the money is there for others to borrow for a limited time. You give up control of your private key in order to allow them access to it. As a result, unlike conventional bank savings accounts, the funds are not dormant. In exchange for using your cryptocurrency, the lender pays interest.


It's many times more than what you might make on a credit union savings account. This is basic economics at its finest. Banks make money by offering to lend the funds they keep. However, crypto friendly banks do not have access to cash. They must entice investors like you in order to function. To be able to attract investors like you, they will pay you a higher interest rate on your crypto.


Some crypto savings accounts or even crypto checking accounts will even offer you to get paid in crypto, like Juno.

Juno is a relatively new fintech startup, having launched in 2019. The firm is directed by a team of “engineers, designers, and product thinkers” who collaborate to discover innovative methods to make managing your cash easier and more convenient.

If you’re in the market for a new online checking account with a metal card, or even if you’re not, there are some compelling reasons to consider Juno.

Juno offers a premium metal card with 5% cashback on 5 brands of your choice. Plus, it is a crypto friendly bank where you can sign up and set up a direct deposit and receive part of your paycheck in crypto.

You can also enjoy a $50 bonus and a sleek Metal card when you set up your first direct deposit through this link.

Enjoy a $100 bonus and a sleek Metal card
  • Intro Offer: Enjoy a $100 bonus and a sleek Metal card when you set up your first direct deposit.
  • Earn a 1.2% savings bonus on balances up to $50,000 5% cash back on five brands you love, up to $3,000 in purchases a year.
  • Three non-network ATM reimbursements each month.
  • Store, buy and sell crypto directly starting from as low as $1.
  • Set up a direct deposit and receive part of your paycheck in crypto.
  • Crypto exchanges charge up to 4% in fees to buy and sell crypto. OnJuno charges 0%.
  • No Annual Fee
  • Terms and conditions apply.
Min. credit level: Fair
Apply Now

Hedge Against Loss

Another benefit of crypto savings accounts: you'll earn interest even if your currency loses value.


Traditional banks allow you to make six withdrawals each month. The majority of crypto banks, on the other hand, limit how many times you can withdraw. Some allow one free withdrawal; others charge a fee for each withdrawal. Remember that cryptocurrency accounts are speculative investments.


Compounding is the process in which interest is earned on your principal. Compound interest isn't paid by certain crypto savings accounts. All of the platforms mentioned here compound their profits. Of course, be sure to calculate the projected APY before discounting non-compounding accounts.

Start Earning Passive Income with Cryptocurrency

The most essential point is that cryptocurrencies, such as Bitcoin, are a type of asset. It comes with a degree of risk. So you should think about how crypto fits into your overall financial plan and whether you can handle all of the thrilling suspense.

A lot of investor mistakes have resulted in a lot of money by buying the proper cryptocurrency at the right moment. But, no matter how you invest your money, make sure you're diversified and know what you're getting into.

You may make more money than you would if you waited for your cryptocurrency to appreciate in value. Deposit your funds in one of these crypto savings accounts and begin earning passive income immediately.