Crypto Savings Account Safe. Another important distinction between regular savings accounts and crypto savings accounts is access. One of the astir fashionable platforms retired determination today,.
How to safely earn interest on your crypto Consequently, the crypto asset savings accounts do not have fdic insurance. However, your rate of return will.
We also know that the best crypto savings accounts will offer better yields.
Another important distinction between regular savings accounts and crypto savings accounts is access. Depending on their stake with the platform and the locking period, investors can earn up to 6.5% on bitcoin, 12% on stablecoins, and 18% p.a. With a blockfi cryptocurrency savings account, for example, your cryptocurrency can earn up to 8.6% apy, which accrues daily and is paid out on a monthly basis. To put that into perspective, a traditional savings account offers around 0.08% apy.
