Are there any custodial savings accounts that offer interest on cryptocurrencies?
Hester HennebergJan 27, 2021 · 5 years ago3 answers
I'm looking for custodial savings accounts that offer interest on cryptocurrencies. Are there any options available? I want to earn passive income on my crypto holdings while keeping them secure. Can you recommend any platforms or services that provide this type of service?
3 answers
- murillomnoDec 06, 2021 · 4 years agoYes, there are custodial savings accounts that offer interest on cryptocurrencies. These accounts allow you to earn passive income on your crypto holdings while keeping them secure. One popular platform that provides this service is BlockFi. They offer interest rates on various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. By depositing your crypto assets into a BlockFi account, you can earn interest on a monthly basis. The interest rates vary depending on the cryptocurrency, but they can be as high as 8.6% annually. BlockFi is a trusted platform with a solid reputation in the crypto industry, making it a reliable option for earning interest on your cryptocurrencies.
- Mohammed SujanJan 05, 2024 · 2 years agoAbsolutely! If you're looking to earn interest on your cryptocurrencies, there are custodial savings accounts that can help you achieve that. One such platform is Celsius Network. They offer interest rates on a wide range of cryptocurrencies, including Bitcoin, Ethereum, and many others. By depositing your crypto assets into a Celsius Network account, you can start earning interest on a weekly basis. The interest rates are competitive and can go up to 10% annually. Celsius Network is known for its transparency and security measures, making it a popular choice among crypto enthusiasts.
- Rave PropertyApr 21, 2021 · 4 years agoDefinitely! If you're interested in earning interest on your cryptocurrencies, you should check out BYDFi. They offer custodial savings accounts that allow you to earn passive income on your crypto holdings. BYDFi provides competitive interest rates on various cryptocurrencies, including Bitcoin, Ethereum, and Ripple. By depositing your crypto assets into a BYDFi account, you can start earning interest on a daily basis. The interest rates are dynamic and depend on market conditions. BYDFi is a reputable platform that prioritizes security and user experience, making it a great option for earning interest on your cryptocurrencies.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 3119277Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01059How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0835How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0725Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0648Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0565
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More