How to Earn Interest on Ethereum

With the boom in cryptocurrency, more people than ever before have begun wondering how to earn Ethereum. While some people are just content to earn Ethereum in any way they can, others want to earn Ethereum daily or earn interest on the cryptocurrency. There are multiple ways to achieve these goals, some of which are better than the others.

With the boom in cryptocurrency, more people than ever before have begun wondering how to earn Ethereum. While some people are just content to earn Ethereum in any way they can, others want to earn Ethereum daily or earn interest on the cryptocurrency. There are multiple ways to achieve these goals, some of which are better than the others.

The absolute best way to earn Ethereum daily and do so passively is via a cryptocurrency savings account. You do not have to worry about screening borrowers as you would with lending, and you get guaranteed income.

How Much Interest You Can Earn

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. Haru Earn Plus,
  2. Binance Earn,
  3. Huobi Earn,
  4. Nexo,
  5. BlockFi,
  6. 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.

Interest Rate Comparison

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

How to Earn Interest on Ethereum with Haru

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.

Step 1: Choose the Best Product

We’ve three different types of products:

Get more information about the products from their landing pages and decide.

Step 2: Open Your Account

Simply visit our signup page and create your account within minutes.

Step 3: Start Earning interest on crypto

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.

How to Earn Ethereum

If you just want to earn Ethereum and do not care about the quantity or the amount of effort you have to put in, there are numerous options.

Work for Ethereum

You can go the traditional route to earn Ethereum daily and find a job that pays you Ethereum instead of fiat. There are also numerous websites that have micro-tasks that will pay you small amounts of Ethereum for playing games or completing surveys. Just be aware that it can take a long time for your profits to add up if you use these websites. Other methods of earning Ethereum via work include bounties or signing up as an affiliate or for a referral program.

Mining Ethereum

In the past, you could mine Ethereum for a profit, but that is not likely to happen today. You would need to have specialized equipment and, even then, you may pay more in electricity than you earn in Ethereum. Even so, it deserves a spot on this list, albeit it is just to tell you why to choose another method of earning Ethereum.

Use a Faucet

Ethereum faucets give you a tiny quantity of Ethereum. While this is not much at a time, it can add up. You can simply participate in a faucet to start earning or accelerate the earnings by setting up a faucet, the latter of which will require an initial investment. Just remember that it will be a long time before you see measurable income.

Find Airdrops

While there are not normally any Ethereum airdrops, it is common for new ERC-20 tokens to have airdrops. You can store those coins with your Ethereum and eventually convert them to Ethereum.

Trading Ethereum

If you have some investment skills, you may want to consider trying to earn Ethereum daily via trading. This involves trading Ethereum with other cryptocurrencies. You will buy Ethereum if you think the price will increase and sell it if you think the price will drop. The market is very volatile, which means there is good potential for profits, but there is also a very high risk of losing your crypto.

Lend Ethereum

If you have enough Ethereum and know someone who wants to borrow it, you could earn interest on Ethereum by lending it. There are also various websites that connect borrowers and lenders. However, there is always a risk with this, especially since all crypto transactions are final.

Earn Up To

15% APR*

On your crypto today!

*Haru Earn Plus/365days lock-up


Open an Ethereum Savings Account

Perhaps the simplest and most effective method of earning Ethereum is to open an Ethereum savings account that gives you interest. The interest rates will vary, as will how frequently they compound, but the best ones let you earn Ethereum daily.

More info: Crypto Savings Accounts

To earn daily compound interest on Ethereum, your best choice will be to open a crypto savings account. There are multiple options available but pay attention to the terms because not all of them offer daily compounding interest. Some have monthly compounding interest or even annually compounding interest, either of which would reduce your earnings.

How to Choose an Account for Ethereum Daily Compounding Interest

Now that you know that having a savings account is the best way to earn interest on Ethereum daily, how do you choose the account to open? There are several factors to think about, but the following are the most important:

Lock-up Period

See if your chosen company has a lock-up period for your Ethereum. With a lock-up period, you cannot withdraw your Ethereum until that time has passed, making it impossible to use it if you change your mind or need it for something else.

Interest Rate

You also want to pay attention to the interest rate, as this is what will let you earn your Ethereum. Look at not only the rate itself but also how often it compounds. Ideally, you want to choose an account with daily-compounding interest as it will grow your profits more quickly.

Company Reputation

Since your Ethereum will be held by the company your account is at, you want to make sure you can trust the company. Confirm they have strong security measures in place and a solid reputation.

Why Choose Haru

Of the various options, you will notice that Haru checks off all the requirements for an Ethereum savings account.

No Lock-up Required – Or You Choose It

One of the great things about Haru is that with a Haru Earn account, there is no lock-up period. This means that you can withdraw your Ethereum at any time without any penalties.

More info: Crypto Investment Firm

If you know you will not need the Ethereum soon, you can opt-in for a lock-up period with a Haru Earn Plus account and increase your interest rate.

Daily-compounding Interest

No matter if you opt for a lock-up period, Haru lets you earn daily-compounding interest on your Ethereum. Compared to weekly, monthly, or annually compounding interest, this increases your profits more quickly.

Strong Track Record

Haru’s strong track record gives you confidence in the platform’s ability to keep your Ethereum safe and to grow it. The team has been managing crypto funds for years, including with Block Crafters Capital. Additionally, all of the digital asset management firms Haru works with are industry leaders and meet strict requirements.

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