Earn Interest on Bitcoin (Step-by-Step Guide)

You can start earning interest on bitcoin within minutes but here are the things to consider before opening a bitcoin interest account.

With the rise of cryptocurrency and digital assets, it is common to look into ways to invest Bitcoin or crypto assets and earn. After all, people invest a range of other types of physical or digital assets, so why not Bitcoin? The good news is that there are several ways to earn more Bitcoin, including earning daily Bitcoin interest.

This content is for general informational purposes only and is not investment advice.

How to Earn Interest on Bitcoin

You can save as much or as little as you wish. The more you save and the longer you save for, the greater the interest will be.

An overview of the process;

  1. Choosing a crypto account, wallet, or crypto exchange is the first step.
  2. Fund your cryptocurrency account with Bitcoin.
  3. Earn interest on your bitcoins.
  4. Cash out your interest.

Step 1: Choose the Best Product

The following are bitcoin accounts and cryptocurrency exchanges where you can earn interest on bitcoin.

  • Haru Invest,
  • Binance Earn,
  • Huobi Earn,
  • Gemini,
  • Blockfi,
  • Nexo,
  • Celsius,
  • YouHodler,
  • Crypto.com.

Bitcoin Annual Interest Rates Comparison

Platform / ProductBTC (APY)USDT (APY)Ethereum (APY)
Haru Earn Plus15%15%13.6%
Binance Earn1.2%2%Variable
Celsius Network3.5%10%5.1%
Huobi Earn2.88%6.5%1.02%

Most players in the industry chose the deposit-lending system or yield farming as their business model. In deposit-lending system structure, what borrowers pay the service determines how much you can earn. At this point, the industry average for lending rates is getting lower – and so is the maximum earn rates you can get elsewhere.

At Haru, we do not have borrowers for your deposits. Instead, we invest them for you with minimized risk. That’s why your earnings at Haru can go higher than at the other services.

There's a better way to HODL earn invest with Haru Invest

Watch your earnings grow with Haru Invest.

There's a better way to HODL earn invest with Haru Invest

Watch your earnings grow with Haru Invest.

You can read our Nexo review and BlockFi review. You can also visit our Haru Earn Plus page to get more information about how we’re providing the best rates that you can get in the market and check our latest performance numbers from our Medium blog.

We’ve three different types of products:

Get more information about the products from their landing pages and decide. You can earn bitcoin interest with all of our products in different conditions, simply visit the landing pages and get an overview of the options.

Step 2: Open Your Bitcoin Interest Account

Visit our signup page and create your account within minutes.

Step 3: Start Earning interest on Bitcoin

After account creation, simply deposit some funds to your account and choose the product that you’ve decided on in the first step. You will start earning interest immediately. Further information can be found here.

Calculate Your Crypto Earnings

You can calculate your interest earnings with our calculator.

Can You Earn Passive Income With Bitcoin?

Yes, you can earn passive income with Bitcoin. A crypto savings account is the best idea if you want to invest Bitcoin and earn. There is no risk, assuming you choose a reputable platform with protection measures in place. You also have guaranteed profits based on the interest rate.

Depending on the type of cryptocurrency, there are other ways to earn passive income. Check our cryptocurrency savings accounts guide for more information.  Generally, these accounts offer interest on bitcoin and ethereum.

Trading Bitcoin vs Earning Interest on Bitcoin

You don’t need to risk making a profit through day trading if you believe the bitcoin price is going to rise in the future. Place it in a cryptocurrency interest account and collect your bitcoin rewards at the end of the period.

Analyze the cryptocurrency markets and try to understand the risk level based on volatility. If you believe the bitcoin price will go down, you have to decide if this is a good time to buy. With prices at a discount, this would be a good time to buy bitcoins and expand the portfolio.

Check out our day trading guide for more information.

How to Earn Daily Interest on Bitcoin

One of the great things about Haru is the ability to choose between Haru Earn and Haru Earn Plus accounts. Haru Earn accounts have no lock-up period, daily compounding interest, and competitive interest rates. Haru Earn Plus accounts let you choose a lock-up period to get an even higher interest rate, which still compounds daily.

Basically, if you want to earn daily compound interest you should use the Haru Earn product. If you want to earn higher interest rates and have some time to lock it up, then the Haru Earn Plus product is the best solution for you.

No Lock-up Required

As mentioned, Haru Earn accounts do not require any lock-up period. This means that you can withdraw your Bitcoin anytime you want and use it however you want. This is an important distinction, as many similar accounts from other companies have lock-up periods.

Keep in mind that if you opt for a Haru Earn Plus account to get the higher interest rate, there will be a lock-up period, but even that stands out from the competition. This comes from the fact that you get to choose how long you want to lock up your Bitcoin. This lets you take a look at your plans and choose a lock-up period and interest rate based on when you need the crypto. The ability to choose between 15 and 365 days gives you a level of flexibility you will not find anywhere else.

Security and Trust

As mentioned, anytime you store or send cryptocurrency somewhere, you need to ensure you trust the other party. Haru earns that trust thanks to its use of BitGo custody, its two-step verification, and its KYC/AML policy. For even more trust, consider that Team Haru has previous crypto investment experience as Block Crafters Capital.


All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.
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