Best Crypto Savings Accounts
Crypto savings accounts have become a popular service among crypto holders as a way to earn passive income on their digital assets without doing much beyond depositing funds. These savings accounts offer an easy way to store cryptocurrency and earn interest on it.
What is a crypto savings account?
Crypto savings account are typically hosted cryptocurrency accounts, usually known as CeFi (centralized finance) services, that pay interest on your deposited assets. This is unlike traditional exchanges, non-custodial or crypto wallets, that do not pay interest at all and simply are for storing crypto.
In this guide, we will be looking at the best crypto savings accounts available today, updated for 2025.
Overview of Nook
✅ Best for: simple stablecoin savings
Nook is a crypto-native savings platform designed to make earning interest on stablecoins simple, safe, and transparent. Built for U.S. users, Nook abstracts the complexity of DeFi by offering regulated, permissioned access to vetted on-chain lending protocols.
☑️ Nook Savings review and earn rates.
Overview of Coinhold
✅ Best for: Crypto miners, those seeking simple crypto saving services
Coinhold, by mining pool company Emcd, is a crypto savings app, supporting BTC, ETH, LTC and stablecoins USDC and USDT.
Overview of Kraken Earn
✅ Best for: those looking for a top-crypto exchange with earn features
Kraken has a variety of earn features, but no stablecoin yields here. However, with auto-earn options, it’s simple to qualify for crypto savings rewards as a Kraken user. Kraken is also one of the few exchanges to pay interest on BTC.
☑️ Kraken review and earn rates.
Overview of Nexo
✅ Best for: Wide cryptocurrency support
Nexo is a crypto savings account platform that was launched in 2018. Nexo offers its users a range of earning options, including fixed-term and flexible-term deposit accounts. The platform currently supports the most cryptocurrencies of those reviewed in this article.
One of the unique features of Nexo is its Nexo Earn program, which offers users up to 12% annual interest on their crypto deposits. The program offers a range of investment options, including a flexible-term deposit account that allows users to withdraw their funds at any time without penalty.
☑️ Nexo review & interest rates.
Industry Insights
The crypto savings account industry is still in its early stages, but it has already attracted a significant amount of attention from investors and depositors. According to a report by CoinTelegraph, the total value of crypto assets held in savings accounts is estimated to have reached $10 billion in 2021.
One of the reasons for the growth of the crypto savings account industry is the increasing demand for passive income among crypto investors. Many investors are looking for ways to earn a return on their digital assets without having to actively trade them. Crypto savings accounts offer a way to do this by allowing users to earn interest on their deposits.
Another factor driving the growth of the industry is the increasing availability of crypto savings account platforms. Presently, there are now 40+ platforms available, each offering its own unique features and benefits. This has created a competitive market, which has led to higher interest rates for users as they compete for users and deposits.
Average Interest Rates (APY)
The average interest rates offered by crypto savings account platforms vary depending on the platform and the type of account (such as term-based deposits). It is important to note that these rates are subject to change and may vary depending on market conditions.
Wrapping up
Crypto savings accounts offer a new way to store cryptocurrency and earn interest on it. There are now dozens of platforms available, each offering its own unique features and benefits and we track and index them here at Coin Interest Rate. In this article, we looked at the best crypto savings account platforms available today. Each platform offers a range of investment options and competitive interest rates.
As the crypto savings account industry continues to grow, it is likely that we will see more platforms emerge, offering new and innovative ways for investors to earn passive income on their digital assets, like BTC, ETH and stablecoins.
Note that all investments and crypto savings accounts carry some degree of risk, and capital is not guaranteed. While we consider these savings accounts, they are not regulated or backed by any government or insurance (like FDIC) as you would find in traditional banking.
