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Bitcoin Saving Accounts Interest rate for BTC (APY) Interest Up to (APY ) Withdrawal Supported coins Cryptocom 4% 8% Instant BTC, ETH, BNB, BAT, USDT, USDC BlockFi (Recommended, available globally ) 6.2% 6.2% Up to 2 days BTC, ETH, GUD Celsius 3.75% 3.75% (BTC), 8% (Stable coins) Instant BTC, ETH, XRP, Stable Coins & more Binance (Great for trading as well) Variable 1.5-3% Instant BNB, BTC, USDT, ETH, ADA, BCH and many more. Nexo BTC not available ATM 8% Instant All StableCoins Compound finance BTC not available ATM WBTC (0.17%), DAI (2-5%) Instant WBTC, ETH, DAI, USDC, REP, ZRX
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BlockFi (Recommended, available globally )
you have to verify
Binance (Great for trading as well)
you have to verify the account
Exodus you don't have to verify anything but yet you can earn interest on some coins (4 - 6 different)!
Isn't there are anonymous wallet that pay interest on your BTC?
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
blockfi gives you 5-6% on max 2.5 bitcoin, after that its like below 3% if I recall correctly.
hopefully within a few years we will be able to get over 5% on a few millions usd worth of bitcoin through Defi platforms with little to no risks without having to use wbtc which is centralized and so increase the risks significantly I would say.
anyone using blockfi yet to get interest on their bitcoin ? what's your experience ? can we cash out in usd from blockfi's bank ?
a good website with an overview of the interest rates for crypto.
https://defirate.com/lend/