Top 5 High Yield Crypto Savings Accounts | Shifu Digital

Top 5 High Yield Crypto Savings Accounts | Shifu Digital

In this episode, We will discuss in detail the Top 5 High Yield Crypto Savings Accounts.
With fluctuations and no proper regulations in place, cryptocurrency is indeed a risky domain for the investment of money.

However, this still isn’t stopping the people. Why? Because with more than 5,000 cryptocurrencies out there, people have made peace with the fact that this is the future. Interest-bearing saving accounts are a great way for individuals to earn on the currency without doing much.
However, how does one pick the best saving account from the tons available out there?

Keep on reading to find the top 5 high-yield crypto saving accounts.

1. BlockFi
Anyone already acquainted with the world of cryptocurrency would be aware of how big BlockFi is. Just recently, there has been an announcement by them related to their investment with a valuation of around $3 billion. From trading accounts to interest accounts and crypto-backed loans, BlockFi offers it all. Moreover, this is also the most preferred since it offers lower interest rates for ETH and bitcoin. BlockFi also has credit card rewards programs which will be limited to a few states.

2. Linus
The next big player in the crypto world is Linus. It is another crypto-based savings account. The best thing about Linus is that its user interface and functions make it look very similar to your everyday saving accounts for cash. Individuals interested in gaining interest savings can easily invest their money into their accounts and earn interest.

3. Coinbase
For all those of you who are venturing out in the digital currency world for the first time, try Coinbase. Through Coinbase, the entire process of buying and selling has been made easier. Moreover, this system also doesn’t loan out coins of USD that individuals invest in. As a result of this strategy, investors have been more open to opting for it. The higher amount of control is a pro factor.

4. Crypto.com
The problem with most crypto-saving accounts out there is that they tend to limit the number of
cryptocurrencies one can obtain an interest in. Fortunately for the investors, crypto.com comes
equipped for this dilemma. There is a huge variety of cryptocurrency pitons available for investors which includes Bitcoin Chainlink, Ethereum, Tether, and many others. The stable coins on the list will be able to earn interest up to 12% on their investments, while non-stable coins come with an interest rate of 6.5%.

5. YouHolder
The last name on this list is another hit for investors. YouHolder comes with a huge variety of options available, making it one of the favorites. There is around 12% APR that can be earned along with compound interest on different stable coins and currencies. It even comes with a conversion tool that helps investors and clients in purchasing cryptocurrencies at smart conversion rates.
The world of cryptocurrencies comes with a lot of uncertainty, but making the right decisions can end up in a lot of profit. These saving accounts are a great way to earn interest and keep your currency in a relatively secure place as well.

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