How to Earn Interest on Crypto

What is a crypto interest account and how to start earning interest on crypto? Definitive guide about earning interest on crypto.

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Crypto interest is a powerful financial tool and one that is often overlooked by the average saver. Putting your money into an account that gives the opportunity to earn interest on crypto above the rate of inflation makes that money worth more in the long term.

Choosing an account that pays compound interest is even better because the longer the funds stay in the account, the greater the value of that interest will be.

Compound interest is now something that is available to cryptocurrency investors. Accounts such as those offered by Haru allow crypto investors to receive compound interest on their Bitcoin and other popular crypto holdings at rates of 8% to 15% per year (example rates, actual rates may vary).

Read: Earn compound interest on crypto

What is a Crypto Interest Account

Crypto interest accounts are essentially accounts that let you easily earn interest on your cryptocurrency. With a crypto interest account, you don’t have to sell your crypto to earn more. Your account earns interest continuously under the conditions of your account setup.

What’s the Difference Between Crypto Interest Accounts and Regular Crypto Accounts?

The biggest difference between crypto interest accounts and regular crypto accounts is whether you earn interest. Regular crypto accounts just serve as wallets. This means they offer a safe place to store your cryptocurrency but nothing more. The number of cryptos you have in the account will remain the same unless you make a deposit or withdrawal.

You can automate crypto trading with Haru Invest

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You can automate crypto trading with Haru Invest

Enjoy the highest earning rates in the market with top performing trading strategies.

By contrast, crypto interest accounts earn you interest. This means that you can leave your cryptocurrency there and watch it grow. Best of all, there is no effort required on your part.

What are the Risks?

The interest rates on crypto assets can vary daily for most companies that allow users to earn interest. Thus, they cannot guarantee that rates will remain high for a long time.

You will need to deposit cryptocurrency to open a crypto interest account. Companies pay interest on tokens, not on the total amount you invested. Because of this, you should also know that the deposited coin price can also change. Ups and downs are both possible.

Also, there is a regulatory issue in the industry.

How to Earn Interest on Crypto?

Crypto interest accounts are the simplest way to earn interest on Bitcoin, Ethereum, or USDT. You can also find other types of interest-bearing Bitcoin, Ethereum, or USDT accounts, such as managed investment accounts. Either of these types of accounts handles the various actions that let you earn interest on your BTC, USDT or ETH. They use strategies like trading and lending, which you could also do yourself.

Many people choose to earn interest on their crypto by lending it to someone who only needs cryptocurrency temporarily. You could charge interest for this service, just like a bank would charge interest for a loan.

How to start:

  1. Open your crypto interest account,
  2. Deposit crypto,
  3. Start earning.

Learn more: Haru Invest

Or you could trade or invest your cryptocurrency, buying and selling various cryptos based on market fluctuations. This is a bit riskier, especially if you are not familiar with the crypto market. Experts may also use arbitrage trading and other methods.

Are Crypto Savings Accounts Safe?

As long as you choose an account from the right platform, then the accounts are safe.

A simple online search for the reputation of a platform can confirm that the platform in question is safe. Each platform should also have various security measures in place to prevent hackers from stealing the funds.

All of the crypto interest accounts mentioned in this comparison are safe.

Top Crypto Savings Accounts

Although there are many crypto interest accounts online, the following are the most popular. It is always best to stick with a popular platform, as that makes it easier to confirm their reputation.

Read the whole guide about top crypto savings accounts.

Interest Rate Comparison

Haru Earn Plus15.5%15.3%15%
Binance Earn1.2%2%Variable
Celsius Network3.5%10%5.1%

Haru Invest

Haru Invest offers two types of crypto interest accounts and a crypto investment account. One version of the crypto interest account has absolutely no lockup period, which is quite rare in this type of account. The other type lets you choose your lockup period, giving you a higher interest rate if you opt for a longer lockup.

Binance Earn

Binance Earn is the crypto interest account from one of the best-known crypto trading platforms. Binance has a strong reputation, but the platform is known for trading, not crypto interest accounts. You can choose from several cryptocurrencies for your interest accounts, including BTC, ETH, USDT, BUSD, and BNB (the Binance coin). Interest rates and the lockup period can vary. Some earn as little as 0.24%, while some earn up to 7.72%.


Nexo is another popular option for cryptocurrency investment accounts, but the platform does not focus on this. It also lends fiat using cryptocurrencies as collateral. This means that Nexo divides its attention between the two and does not focus on offering the best possible interest-earning account. Interest rates from Nexo can be up to 8% for cryptocurrencies and up to 12% for stablecoins. It compounds daily.

Learn more: Nexo review


BlockFi offers crypto interest accounts as well as trading accounts and loans with cryptocurrency as collateral. The BlockFi Interest Account (BIA) lets you earn as much as 8.6% APY. Like a few of the other similar accounts, your interest compounds daily. However, it is paid out monthly, so you cannot withdraw at any time with your full interest.

Learn more: BlockFi review


Coinbase offers a variation of cryptocurrency interest accounts by supporting staking. This is specifically for cryptocurrencies that use Proof of Stake algorithms or are designed to work with staking. Essentially, you deposit your crypto into the relevant Coinbase account. Coinbase then handles the staking for you, passing on your profits. You can earn up to 6.0% APR. It is also worth noting that, like Binance, Coinbase is primarily a crypto trading platform, so interest accounts are not its primary focus.

What are the alternative crypto interest accounts?

Most players in the industry chose the deposit-lending system as their business model. In this 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.

You can calculate your interest earnings with our calculator. 

Here’re some platforms:

  1. Binance Earn,
  2. Huobi Earn,
  3. Nexo,
  4. BlockFi,
  5. Celsius Network.

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.

Calculate: Crypto compound interest calculator

Save for As Little or as Long as You Like

The true impact of compound interest is felt when you save for long periods of time, but with interest compounding daily you can see returns from shorter saving periods. Compound interest can work for you, whatever your lifestyle is, and whatever level of financial flexibility you need.

Learn more: Crypto Compound Interest

Haruinvest offers several savings accounts, including accounts with no lock-up that offer a variable interest rate that outperforms the rates offered by traditional savings accounts. This means you can put some coins into those accounts and let them earn interest on a day-to-day basis, but still access those funds instantly should you need them.

Those who are able to commit their funds for a longer period can take advantage of even higher rates by signing up for an account with one month (or longer) lock up. With these accounts, savers can still access their funds at any time, however, the interest is paid out at the end of the lock-up period, so withdrawing early means forfeiting interest. If you can leave the funds in the account for the lock-up period, however, the returns will be higher.

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