Best Crypto Interest Accounts

Michael Graw

Last updated: March 12, 2024 12:07 EDT | 24 min read

Cryptocurrencies and DeFi apps (Decentralized Finance) are changing the way that people can earn money through crypto interest accounts. These accounts let individuals earn interest on their crypto holdings over time. In this article, we’ll look at the 16 best crypto interest accounts for 2024 and explain everything you need to know about these platforms.

The Best Cryptocurrency Interest Accounts Ranked

Here are the 16 best crypto interest accounts available right now:

1. Bitcoin ETF Token – Overall best crypto interest account with a significant presale price increase, 500% dynamic APY, and a market-orientated roadmap tied in with SEC approval of Bitcoin ETFs. The presale raised nearly $500,000 within a week and has a hard cap of just under $5 million.
2. Bitcoin Minetrix – A new stake-to-mine initiative that is tokenizing cloud mining. On Bitcoin Minetrix, users can stake $BTCMTX tokens and generate more than 240% in returns. The token has raised over $2.4M and aims to hit a huge $32M hard cap to fund its operations.
3. TG.Casino – $TGC is the native token of a new online Telegram casino. Investors can stake their tokens and generate annual yields as high as 310% – and get 25% cashback on the casino. $TGC is priced at $0.15 on presale.
4. Wall Street Memes – Popular ERC20 meme token for financial inclusion with $25 million raised through the successful presale. Currently, $WSM is trading on the OKX exchange and is the native token for the brand-new Wall Street Memes crypto casino.
5. eTukTuk – BSC PoS platform provides interest of 33,487% while tackling many initiatives including banking the unbanked, improving CO2 emissions, and removing financial barriers in developing countries.
6. Crypto.com – Promising interest rewards for stablecoins
7. BlockFi – High interest rates on many top cryptos
8. YouHodler – Regulated interest accounts with compounding
9. Binance – Global exchange with flexible crypto interest accounts
10. Coinbase – Best for new crypto investors to earn passive income
11. Nexo – Flexible interest accounts with no lock-up periods
12. Hodlnaut – Specialized crypto interest platform with good rates
13. Midas Investment – High crypto yields & investment opportunities
14. Gemini – Highly secure platform for hassle-free crypto investing

Reviewing the Top Crypto Interest Accounts

To help crypto investors find the best crypto interest account for their needs, we’ll take a closer look at the top accounts available today.

1. Bitcoin ETF Token – Best Crypto Interest Account With 500% Dynamic APY And 40% Presale Price Increase

Bitcoin ETF Token ($BTCETF) is the best crypto interest account on the market, according to our analysis. This account presently offers a PoS APY of 500%, an aggressive 25% token burn to encourage price appreciation, and a presale price increase of nearly 40% between the first and final rounds. These are three powerful incentives that will appeal to any modern investor looking to maximize ROI. But it is the core use case that makes this the top crypto interest account. This presale is concerned with SEC approval of Bitcoin ETFs in the USA. If this happens, which many analysts expect, it will have major implications for the entire crypto market. As this presale is positioning itself for this precise event, it could benefit by much more than other crypto assets. As detailed within the Bitcoin ETF Token Whitepaper, the roadmap has five major milestones that are mainly concerned with core market events, such as the SEC approval and the price of Bitcoin hitting $100,000. So it is a market-orientated campaign as opposed to being a self-contained ecosystem. It aims to thrive along with the market, capitalizing on key events. It also provides a dedicated section on its website – Latest Bitcoin ETF News – to aggregate the latest information. Other essential updates can be found on the Bitcoin ETF Token social media accounts, such as Twitter and Telegram. As each roadmap milestone is met, 5% of the total supply is burned. This amounts to a total burn of 25%, which is a significant figure. The price per token is now $0.0052, in the second stage. This will rise to $0.0068 by the final stage (stage ten). There are 840 million tokens available in this presale out of the total 2.1 billion supply. This is a crypto interest account that further provides substantial upside potential, especially if the approval comes in, which might arrive as early as December 2023.

2. Bitcoin Minetrix – Stake and Earn Over 240% and Get Cloud Mining Credits, Buy $BTCMTX on Presale Before the Price Jumps

Bitcoin Minetrix ($BTCMTX) is a stake-to-mine cryptocurrency platform. On Bitcoin Minetrix, investors can generate a high interest and earn credits, which can be converted into Bitcoin mining power. The presale has raised $2.4M so far and the upfront investment is only $10 to take part. This platform combines token staking and cloud mining. While cloud mining has grown in popularity, third-party corporations have been prone to scam investors with their dubious activities. By tokenizing cloud mining, Bitcoin Minetrix provides security to investors and gives them control over their assets. At present time, one can buy $BTCMTX through the ongoing presale. You can automatically stake your holdings once you purchase at least $10 worth of tokens. The live APY (Annual Percentage Yield) being offered is more than 240%. By staking tokens, investors can also earn cloud mining credits. These credits, once burnt on the platform, will be converted into Bitcoin mining power. Thus, users can earn a percentage of mining revenues and gain an allocated mining time. https://youtu.be/lhyK79iV9bU?si=IqeQusRJHNDcyN89 $BTCMTX has a total supply of 4 billion tokens, 2.8 billion of which are allocated for the presale. The current token price is $0.0112, though this will rise at each progressive stage of the 39-stage presale. The presale is also hosting a $30K airdrop. Bitcoin Minetrix wants to raise a hard cap of over $32 million by the end of the presale. The high interest and cloud mining utility can make it one of the top cryptos to buy in the coming years. Read the Bitcoin Minetrix whitepaper and join the Telegram channel to learn more about this project.

3. TG.Casino – Get Up to 310% Staking APYs with this Telegram Cryptocurrency Casino 

While TG.Casino is not exactly a cryptocurrency interest account – it does offer huge annual yields through its staking contract. TG.Casino is a fully licensed Telegram casino and sportsbook offering huge matched deposit bonuses and rewards. $TGC, the native cryptocurrency, is the key to earning exclusive perks and passive income in the ecosystem. Currently, this token is priced at just $0.15 on presale. Interested investors who invest in $TGC can instantly stake the token on TG.Casino’s smart contract to earn annual yields. At the time of writing, TG.Casino is offering an annual yield of 310%. However, this number will change as more tokens are locked in the smart contract. This multi-use token can also be held to gain access to exclusive games and rooms on the TG.Casino. One of the main benefits of $TGC is the high cashback. Users can get 25% cashback on any losses incurred when making bets with the $TGC token. A deflationary cryptocurrency – the $TGC supply will also decrease over time. Once TG.Casino starts accumulating profits, it will start buying back tokens from other decentralized exchanges. 40% of the tokens bought back will be burned – resulting in a reduction of the token supply. The remaining 60% will be distributed to staked token holders from the staking pool. When signing up on the TG.Casino – newcomers can get a 200% welcome bonus of up to 10 ETH on their first deposit. From a total supply of 100 million – 40 million tokens are available during the presale. Another 20 million tokens are allocated for staking rewards. So far, the TG.Casino presale has raised more than $1.66 million. For more information on this cryptocurrency, go through the TG.Casino whitepaper and join the Telegram channel.

4. Wall Street Memes – Extremely Popular Meme Token That Raised $25 Million on Presale, Now Live on OKX

Wall Street Memes ($WSM) is a new staking token that has already proven to be wildly popular among investors, raising a huge $25 million in its sold-out presale. Few presales reach anywhere near this amount, and now the token has been listed on the OKX exchange. There are multiple reasons for its popularity. The project has seen interaction from Elon Musk on Twitter, a figure that has raised the price of Doge on multiple occasions.

Meme coins that target wall street and mainstream actors have also proven to be extremely successful in recent years. Dogecoin and Shiba Inu enjoyed explosive returns as retail investors want a way of leveling the playing field. And some of the meme tokens are hilarious, entertaining, and often quite accurate, proving a hit amongst retail investors. People feel that they are part of a unified group, termed an “army”, but the protest is fun and peaceful. Last, but not least, such tokens serve as crypto interest accounts. Meaning it is possible to take part in a community but also earn interest with staked tokens. At the present time, Wall Street Memes is offering an estimated APY yield of 68%, with a total of 293,350,640 coins staked. In terms of token allocation, 50% go to marketing, 30% to community rewards, 10% to DEX liquidity, and 10% to CEX liquidity.

$WSM is currently trading in the $0.039 zone.

5. eTukTuk – New Crypto Interest Account Offers 33,487% And Green Transport Model

eTukTuk (TUK) is an eco-friendly campaign that aims to replace TukTuks with Zero Emission Vehicles (ZEVs). TukTuks are 3-wheeled vehicles frequently used in developing countries, and they have a heavy carbon footprint that is worse than that of a car.

eTukTuk plans to replace them with a battery powered vehicle that is more environmentally friendly and far more affordable to purchase. This means there will be no fuel costs for drivers, who do not earn much of an income anyway. So drivers can purchase it for cheaper, with no fuel costs, and benefit from staking the native TUK token. This token is currently generating rewards of 33,487% with a reward schedule of 4.75 per Block. The TUK token can also be used by drivers with additional benefits such as bonuses and rewards. The electric vehicles will incorporate AI, which will select the best possible routes to further save on energy consumption and unnecessary waste.

This ecosystem is launched from the Binance Smart Chain, for increased speed and lower costs than other blockchains. Binance uses proof-of-stake-authority, which is more eco friendly than both Ethereum (proof-of-stake) and Bitcoin (proof-of-work). eTukTuk has also undertaken a smart contract audit, with no issues found. The project is based in Sri Lanka, a county with a poor carbon footprint profile, and this is a national concern. This is an initiative that aims to bank the unbanked, repair the environment, remove socio economic barriers, upgrade the transport infrastructure, and install a sharing economy.

In other words, it has many aims and aspirations, but primarily seeks to bring people together under a more unified architecture, supported by decentralized technology and AI powered electric vehicles. It is a blockchain project for the people, and currently offers high yields. There are a total of 2 billion TUK tokens. The price per token is $0.024, but this is likely to increase as time goes by. More information can be found in the Telegram and Twitter accounts, as well as the Whitepaper.

6. Crypto.com – Promising Interest Rewards for Stablecoins

Crypto.com has one of the largest selections of interest-eligible coins through its Earn program. Investors can earn interest on both traditional cryptocurrencies like Bitcoin and Ethereum as well as stablecoins like USDC and DAI. There are several reasons to consider Crypto.com as a strong contender for offering the best crypto interest accounts. First, the maximum interest rate can climb up to 14% APY (Annual Percentage Yield) for regular cryptocurrencies and up to 8.5% APY for stablecoins.

Those are impressive rates when looking at the currently available crypto interest accounts. However, it is worth noting that conditions to earn the highest yields include extensive lock periods and large deposits. Crypto.com has also earned a strong reputation as one of the best places to earn interest on crypto and as a reliable exchange and custodian for customers’ funds. That’s critical since investors need to be certain that their crypto is stored safely while earning interest. Earning interest on cryptos is one of the ways to earn free crypto in 2024. Overall, Crypto.com’s high rates, user-friendly features, and security make it our pick as one of the best crypto interest account providers for 2024. Pros: 

• Trusted by 10 million+ users
• Earn up to 14.5% APY
• High interest rates for stablecoins
• Strong security
• Intuitive mobile app
• Earn calculator provides an estimate of rewards
• Higher rates for users who also hold CRO

Cons: 

• Top rates require 6-month lock-up period

Here’s an example of some of the coins that users can deposit for additional rewards as well as the Crypto.com interest rates:

7. BlockFi – High Interest Rates on Many Top Cryptos

BlockFi has earned a reputation for offering some of the highest interest rates in the industry. Customers depositing funds with BlockFi can earn interest of up to 15% APY on specific cryptocurrencies. Plus, earnings compound over time to give users the best possible return.

The platform is also noteworthy for its compliance with cryptocurrency regulation and for being based in the U.S.A. The fact that BlockFi closely adheres to laws and regulations makes it all the more appealing for crypto users desiring a high level of security. BlockFi’s customers will have a wide array of cryptocurrencies from which they can earn a profit through the BlockFi Interest Account (BIA). No minimum balances are required, and the yield gets paid out monthly. Pros:

• Highly regulated service
• Interest rate of up to 15% APY
• Based in the US
• Yield is paid out monthly

Cons: 

• Tiered interest rates with varying requirements

BlockFi provides these rates at the moment:

8. YouHodler – Regulated Interest Accounts with Compounding

YouHodler is one of the top crypto interest platforms and earning interest on crypto is simple. Once users pass the KYC verification process, they can simply deposit their funds, sign the Savings Reward Agreement and start accruing funds. The yields are paid out once per month.

The company was founded in Switzerland and currently has hundreds of thousands of users worldwide. Customers are drawn to YouHodler because the company offers interest rates up to 8.32% APY. It’s also highly secure since YouHodler stores digital assets in both hot and cold storage. Customers can also experiment with additional features such as Multi Hodl. This enables them to try to use the market’s volatility to boost rewards. At the time of writing, there are over 50 cryptocurrencies supported. Funds are generally locked for 30 to 365 days. There is a minimum deposit requirement of $100. Pros:

• 50+ cryptocurrencies for earning interest
• Profits can be easily and quickly withdrawn
• Rates up to 8.32% APY

Cons:

• Minimum deposit of $100
• Highest rewards are for less-used altcoins

Some of the rates that YouHodler currently offers include:

9. Binance – Global Exchange with Flexible Crypto Interest Accounts

Binance has more than 21 million active users around the world and is one of the largest crypto platforms in the industry. The exchange’s version of interest-earning crypto services is called Binance Earn. Binance Earn includes a number of options, the most important of which are Locked Staking and DeFi Staking.

With Locked Staking, customers agree to lock up their assets for 30, 60, 90, or 120 days in exchange for an estimated APY. It’s similar to the crypto interest accounts found at many other platforms. DeFi Staking promises large yields in exchange for slightly more risk. Binance uses your funds on selected staking pools, which typically involve more volatile cryptocurrencies with less well-established followings. The DeFi Staking program should not be confused with Binance Savings, in which funds are locked in the exchange and used as rewards for customers. Besides this, the DeFi Staking program also promises higher rewards in exchange for participating in various decentralized projects. Pros: 

• 21 million+ global users
• Huge selection of coins for earning interest
• Earn interest on deposits up to $150 million
• Locked and DeFi staking programs available

Cons:

• Some staking pools are sold out
• Low rewards for flexible interest accounts

Binance offers the current rates at the time of writing:

*Not currently available as part of Locked Staking program 

10. Coinbase – Best for New Crypto Investors to Earn Passive Income

Coinbase is the largest crypto exchange based in the U.S. Because of this, as well as the large number of cryptocurrencies that it hosts, using the Coinbase Earn program in order to earn passive rewards is a highly attractive option for numerous users.

Coinbase allows users to earn passive income through their staking service. The service boasts good security features, but customers will need to lock up their assets while their coins are deposited into staking pools. At the moment, Coinbase advertises APY of up to 5.75%. The minimum deposit can be as low as $1. While the list of eligible coins isn’t very large, this has grown in the past year. Customers can earn the highest rewards for digital coins of projects such as Tezos and Algorand. Note that the program also allows users to earn select crypto coins in exchange for viewing informative videos and answering questions about those crypto projects. Furthermore, Coinbase also includes a DeFi Staking option for certain coins. Pros: 

• Highly secure and reputable company
• Minimum deposits of as little as $1
• Regulated by SEC and listed on NASDAQ

Cons: 

• Few coins available for earning interest
• High fees compared to market competitors

*Note that at the time of writing Coinbase had not included BTC for their Earn program. However, this is likely to change soon. 

11. Nexo – Flexible Interest Accounts with No Lock-up Periods

Nexo’s primary focus is on offering instant crypto loans provided in over 40 digital coins. But the company also offers an easy way for customers to earn interest on crypto through savings accounts.

What’s great about Nexo crypto interest accounts is that the lock-up period for funds does not exceed 24 hours. In addition, Nexo has no fees for depositing and withdrawing funds. Nexo offers yields up to 12% APY on stablecoins. Interest rates for traditional cryptocurrencies are typically around 8% APY but can climb to as high as 36% APY under certain conditions. Pros:

• High interest rates, particularly for stablecoins
• Lock-up periods don’t extend past 24 hours
• Regulated and secure

Cons:

• Complex system and platform
• Highest rates require investing in NEXO token

12. Holdnaut – Specialized Crypto Interest Platform with Good Rates

Holdnaut is relatively new to the crypto space, but this Singapore company is enticing customers with eye-catching benefits. Holdnaut’s website advertises that customers can earn up to 7.25% on most available crypto coins.

There’s no minimum deposit to start earning rewards and no lock-up period for interest-earning funds. The catch is that only 7 digital assets are currently available to earn interest. Also, to receive the highest level of rewards, customers must pass a thorough KYC verification process. Users looking to quickly cash in on their rewards will be able to choose to earn daily. Rewards will be credited to their accounts at the beginning of each week, allowing for fast compounding. Pros: 

• No lock-up period
• No minimum deposit required
• Intuitive, well-designed platform

Cons: 

• Few coins supported for earning interest
• No support for fiat deposits

Note that at the time of writing, Holdnaut has suspended deposits, and is currently under interim judicial management. However, the situation could return to normal shortly. 

13. Midas Investments – High Crypto Yields & Investment Opportunities

Midas is a relatively new crypto company that presents itself as a passive crypto income ecosystem. At the time of writing, it provides up to 12.6% APY on stablecoins (USDC, USDT) and up to 8.3% on cryptocurrencies such as ETH.

Those looking to earn through interest accounts should know that there are no deposit fees, and payouts will occur every week. On top of that, Midas is in the process of rolling out more investment opportunities for existing crypto investors. Keep an eye on new developments at Midas that could offer higher interest rates in exchange for slightly more investment risk. Pros:

• Interest paid weekly
• No deposit fees
• Rates up to 12.6% APY for stablecoins

Cons: 

• Relatively complex system for new crypto users
• Still in the process of rolling out alternative investments

14. Gemini – Highly Secure Platform for Hassle-free Crypto Investing

Gemini is a crypto exchange founded in 2014 and it currently supports over 100 cryptocurrencies.

The Gemini Earn feature allows customers to open up an interest account and is fairly simple to use. Rates aren’t the highest we’ve seen, but it’s hard to argue with Gemini’s hassle-free approach to earning crypto interest. Beginners especially will find Gemini Earn easy to use. The fact that it is run through the Gemini Exchange, which is highly regulated, will make customers feel more secure about their investments. In addition, Gemini is licensed in the U.S.A. and has FDIC insurance for fiat deposits of U.S. dollars. Pros:

• Highly secure
• Simple to use interface
• Supports a wide range of cryptocurrencies
• FDIC-insured for USD deposits

Cons:

• Relatively high fees
• Interest rates are lower than some competitors

Best Crypto Interest Rates Comparison

Here are the different APY rates offered by the best crypto interest platforms in 2024:

* Cryptocurrency unavailable currently for interest rate account

How Does Earning Interest on Crypto Work?

Let’s examine the best ways to earn interest on crypto in 2024. Crypto staking involves depositing an amount of a particular coin that functions on a proof-of-stake blockchain. The pledged coins help secure and run the protocol. On the other hand, various exchanges, DeFi and CeFi (Centralized Finance) apps entice customers with sizable rewards for depositing their crypto assets. Most often, these funds will be locked for a set period, and the funds will be used to offer loans to other users. Furthermore, companies such as Binance may have a product that uses elements of the previous strategies. For example, their DeFi Staking program allows users to earn large rewards for investing in decentralized projects pre-approved by the exchange. In all cases, customers pledge their crypto assets in return for an additional passive income stream.

Which Accounts Have the Best Crypto Interest Rates?

Established crypto exchanges such as Binance or Coinbase can also provide substantial rewards in exchange for locking up crypto assets. Meanwhile, BTC20 and XRP20 are two projects that offer robust staking rewards through their pools.

What Cryptocurrencies Can You Earn Interest On?

While many companies aim to create unique investment programs, the two types of investment opportunities involve either stablecoins or cryptocurrencies. Stablecoins are a type of digital asset whose value is consistently pegged to a fiat currency, most often the U.S. dollar. They typically involve lower market volatility. Companies tend to offer higher rewards for these types of deposits. DeFi apps and exchanges will also deliver yields for popular cryptocurrencies whose value varies based on the rules of supply and demand. The most popular crypto coins, such as Bitcoin and Ethereum, will almost always be included in the list of available options. Well-established coins such as Cardano, Litecoin, and Dogecoin may also be included. Companies will pay higher rewards for cryptocurrencies that are in demand. This is because the funds provided by customers will, most often, be used to supply loans for other crypto users.

What is Crypto Compound Interest?

When depositing funds in a bank and with a crypto company, you will sign up either for simple interest or crypto compound interest. Simple interest is a percentage based on the principal amount (the original sum) of the deposit. On the other hand, the compound interest rate is based on the principal amount and the interest that accumulates over a determined period. The interest is paid out frequently – for example, weekly – and then begins to earn interest itself. So, returns compound over time. Not all crypto companies that offer yields when depositing include crypto compound interest. In fact, many of the best crypto interest rate account programs do not. However, some of the notable ones that do include BlockFi, Nexo, and Holdnaut. For example, BlockFi will offer this kind of rate for over 20 crypto coins at an APY of as much as 3.5%. Note that you’ll get higher rewards on this service for larger crypto deposits.

How to Earn Interest on Crypto – Step by Step Guide

Taking advantage of the interest rate program offered by Crypto.com is a simple process. Here are the steps that you will need to follow: Step 1: Sign up for Crypto.com Register for an account or log in to Crypto.com. For investors who don’t already have an account, download the Crypto.com app. Tap Sign Up and then enter details including name, email, phone number, and address.

Step 2: Visit Earn From the Crypto.com app’s homepage, tap on Earn from the upper right corner.

Step 3: Select Crypto and Term Next, select the cryptocurrency to be deposited in the interest-earning account and choose the lock-up period. A longer lock-up period will come with a higher interest rate.

Step 4: Start Earning Crypto.com calculates rewards daily and deposits interest in a Crypto.com wallet once per week. These interest payments are available to use immediately.

Is Crypto Interest Taxed?

Crypto interest is currently taxed in most areas of the world. Typically, crypto interest is treated as a capital gain similar to if an investor made money because the price of a crypto token increased. Investors must report their income from crypto interest when reporting taxes. Failure to do so could result in penalties or fines.

Conclusion

There are numerous reputable companies offering crypto interest accounts to help investors earn more money from their crypto holdings. Where can you find the best crypto interest accounts? Coinbase, Crypto.com, and BlockFi are all good options, offering transparency and security as well as good rates through products such as staking and yield farming. One of the top ways to earn interest is through Bitcoin ETF Token. By staking $BTCETF tokens into the Ethereum smart contract, investors can earn more than 500% dynamic APY. The account also offers substantial upside potential depending on SEC regulatory approval of BTC ETFs, as well as a presale price increase of nearly 40% from the first to last round.

FAQs

Can I earn interest on my crypto? Yes, crypto investors are able to put their digital assets to good use and earn interest when depositing their crypto with several DeFi dApps. Bitcoin ETF Token offers an estimated yield above 500%. Where can I find the best crypto interest rates? Due to being in its early stages, Bitcoin ETF Token offers good crypto interest rates. At press time, users can earn an interest of 250%. What is the best crypto to earn interest on? Crypto investors can earn interest when pledging their stablecoins and other cryptocurrencies. Generally, stablecoins provide the highest yearly rewards since they are not subject to the volatility of the market. What are the best crypto interest accounts? Many high-profile exchanges and DeFi protocols provide suitable options to earn interest for crypto. While the likes of Binance, Coinbase, and, especially, BlockFi are noted for their rewards. Does Coinbase have an interest account? Coinbase’s Earn program allows customers to earn passive income through their crypto staking system at an APY of up to 5.75% and a minimum deposit of $1.

About the Author

Michael Graw

Gambling and Finance Writer

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news sites like Business2Community, InsideBitcoins, LearnBonds, and tech-focused outlets like TechRadar. He has collaborated with fintech and crypto startups on whitepapers and investor resources, and also has expertise in sports betting and crypto gambling. Michael holds a Bachelor of Arts from Cornell University and a PhD in Oceanography from Oregon State University. He now resides in Bellingham, Washington, and writes full-time.

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