Learning about cryptocurrency is both overwhelming and interesting at the same time. For now, let’s focus on the interesting bit. You can earn crypto while still learning this complex topic. After some research, you will realize that a savings account with a reputable platform will allow you to earn interest instantly. The good thing is that you do not need to know a lot about Bitcoin, altcoins, or stablecoins when you invest in a trusted platform. Some crypto high yield savings accounts have a high APR of up to 10%, so you should check this carefully.

To earn crypto through saving while learning digital asset investment such as trading, you will need to open an account with a crypto savings platform of your choice as we are going to guide you below.

Popular Crypto Savings Platforms Where You Can Earn Crypto

Crypto savings accounts allow investors to earn interest on their savings. They are flexible by offering the opportunity to invest different coins. The good thing is that these platforms provide other crypto services such as trading and borrowing, which means you will learn everything on one platform. Here are the popular platforms you should try.

BlockFi

This is a popular name in the cryptocurrency interest-earning arena. It is a go-to option for those who want to earn BTC interest instantly. While it offers a relatively low APR of up to 5% on BTC and 8.6% on stablecoins, the platform has other incentives such as bonuses. Notably, BlockFi offers security on assets and a user-friendly platform, which is a good place for rookies to start.

YouHodler

Do you look forward to saving with a highly secured platform with a high-yield savings account? YouHodler will help you earn crypto and withdraw it at any time you want. YouHodler provides among the highest interest with up to 4.8% on Bitcoins and 12% on stablecoins. Earning interest on stablecoins is what sounds the most interesting, and this is what most people go for. So, why not try them today to enjoy all the benefits they have to offer?

Hodlnaut

As a newbie, you can still earn crypto while learning on this platform. If you open an account and deposit cryptocurrency, you will earn an interest rate of up to 10% APR. Additionally, they have a bonus program of $20 when you deposit $1,000 and above. The only limitation is that you can only withdraw after a week, so making plans for the money is very important.

Nexo

Another popular platform for your stablecoin to earn interest is Nexo. Likewise, saving Bitcoins and altcoins will enable you to earn crypto. The interest rates can go up to 12% APR depending on the type of coin you save and the amount as well. Just like other crypto savings accounts, you do not need to know a lot about cryptocurrency since these platforms create passive income. With Nexo, you do not have to worry about security as you continue learning.

Coinbase

Frankly, Coinbase is widely known as a popular exchange platform and a digital wallet. However, if you are in the USA and eligible, you can earn crypto at up to 1.25% APR on your savings account. The biggest benefit of saving with Coinbase is that you will earn interest on stablecoin and other cryptos while learning everything about digital asset investment on the same platform. Security on your asset is extremely high, so there is nothing to be worried about.

How to Earn Crypto Interest from a Savings Account

Earning crypto while learning is a great way to start. To get going, open an account on one of the platforms we’ve mentioned and deposit the minimum required cryptocurrency.

While high-interest Bitcoin accounts are popular, stablecoin accounts also offer great interest. Make sure to check the rates for accepted digital coins before deciding.

To deposit, transfer crypto from a secure wallet and convert it into the preferred savings coin. You can also buy cryptocurrency directly with fiat money via credit or debit card. Once set up, you’ll begin earning crypto right away, with withdrawals available as the platform directs.

How to Withdraw Your Interest

You can withdraw your interest anytime, weekly, or as directed by the platform. The earned crypto is in your account wallet, and you can transfer it to a secure wallet in any supported coin or currency.

Earning interest on Bitcoin and other cryptocurrencies through a savings account is easy. It’s also a learning process, making it the best way to earn while mastering digital asset management and trading.