If you’ve been holding onto your cryptocurrencies, you’ll want to make sure that you’re using a crypto wallet that pays interest. These wallets usually earn money by staking, which involves locking up your crypto assets on a blockchain network for a specific period of time. These funds are sent to a shared node hosted by the wallet, and the wallet’s profit is repaid to the staker in the form of interest or commission.
Nuri
The web platform of Nuri is very user-friendly. It includes a dashboard showing total balance, recent transactions, and the cryptos you have in your account. There’s also a section for your profile, which lets you customize your account’s security settings and add contact details, such as an email address or phone number. However, there’s no support for currencies outside the European Union, including the US dollar.
BlockFi
If you’re interested in earning cryptocurrency interest, you’ve probably heard about BlockFi. This crypto wallet pays interest on deposits, and it’s available in many different currencies. However, you’re probably wondering how it works. It works by offering a high-interest account to its users. Users earn as much as 10% p.a. in interest on crypto and stablecoin deposits. And because it’s regulated and licensed, you don’t have to worry about stealing your cryptocurrency – you’re protected by $100 million in insurance. It’s also available in over 40 fiat currencies, including USDC and ETH, and has an international presence.
YouHodler
If you are looking for a reliable and efficient crypto wallet that pays interest, YouHodler may be the right choice for you. This crypto wallet app allows users to keep as many as 30 different cryptos and 7 stable coins. The app also integrates Chainlink Price Feeds to increase the reliability of key functions. Listed below are some of the features of YouHodler that make it a superior choice.
AQRU
A crypto wallet that pays interest is a rarity, but AQRU is a new player on the block. With this service, you do not need to be an expert in crypto to earn interest from your idle assets. It is easy to open an account and deposit your coins using a debit/credit card or a bank wire. Then, you can withdraw your interest-earnings whenever you want. Aqru works with all the major cryptocurrencies and stablecoins. Once you create an account with AQRU, you can easily transfer your cryptoassets from your current wallet to earn interest.
Hodlnaut
You can start earning interest by lending your assets to other cryptocurrency users. The cryptocurrency exchange Hodlnaut will calculate and pay interest every week, depending on the past month’s earnings. This will help you avoid a big loss if you have a large balance and need to withdraw it soon. To learn more about how Hodlnaut works, keep reading! The following are some of the features of Hodlnaut that you should look for.