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Crypto Savings Account Risks. What are the risks and rewards? You deposit your cryptocurrency into the account, and it earns interest.
A beginner's guide to cryptocurrency like Bitcoin and from in.pinterest.com
Risks associated with crypto savings accounts. You deposit your cryptocurrency into the account, and it earns interest. The interest they offer on bitcoin is 4.8% (apy) and 5.5% (apy) on ethereum.
6% in annual interest on deposits up to 1 btc, 2% on any btc between 1 and 20, and 0.5% for 20 btc and above.
The interest they offer on bitcoin is 4.8% (apy) and 5.5% (apy) on ethereum. Let’s explore seven risks associated with these investments. Once you know that cryptocurrency savings accounts aren’t as safe as traditional savings accounts, it’s up to you to decide if the risk is worth the reward. You must know by now that anything with a higher return will intrinsically carry a higher level of.
