An interest earning crypto wallet is very beneficial for those who are looking to invest in cryptocurrency but are concerned about the volatility of the market. This type of wallet earns interest on several popular coins such as Bitcoin, Ethereum, Ledn, and KuCoin. While these coins earn interest, there are a number of risks involved with investing in crypto. Listed below are some of the best interest earning crypto wallets. But keep in mind that even if an interest earning crypto wallet earns a small percentage of the coins, the amount that you will earn will still be a large one.
Coinrabbit
For cryptocurrency enthusiasts who are looking for a simple, interest-earning crypto wallet, Coinrabbit has just the solution. Coinrabbit is an interest-earning crypto wallet that allows you to deposit any cryptocurrency, such as bitcoin or ethereum, and earn interest over time. This wallet is easy to use, requiring you to deposit only a small amount of your cryptocurrency. It is also fully compliant with the laws regarding cryptocurrencies, including AML compliance.
Celsius
For those who want to earn interest on their crypto, Celsius offers a good opportunity to do so. This wallet allows users to deposit their coins and earn up to 9% APY each week. In exchange for these deposits, users can borrow up to $250,000 in USD. However, the highest rewards are not available for those in the United States. They can only be earned by accredited investors. But, if you don’t mind the minimum balance requirements, Celsius is a good option.
Ledn
If you are interested in owning Bitcoin or USDC but have no idea where to start, you may want to check out Ledn. Although it offers a limited range of services, it does have a low minimum deposit and no fees. However, you should be aware that Ledn does charge a withdrawal fee that goes towards covering the miners’ fees on the Bitcoin Blockchain. Ledn also offers interest rates that can reach 5.25% on BTC or USDC, depending on the amount of deposit that you make. It is also possible to get bitcoin-backed loans as long as you have enough money stored in Ledn.
KuCoin earn
You can start earning interest on your cryptocurrency holdings by using the KuCoin lending program. KuCoin lets you use its lending service to fund margin accounts and fund digital currency holdings. Depositing digital tokens takes a few minutes and you can verify it with your email. Once verified, you can withdraw the funds in your chosen currency. Then you can use the funds to purchase more digital tokens or make other purchases.
YouHodler
If you’re a crypto newbie, you might be wondering how to invest your cryptocurrency. YouHodler is an interest earning crypto wallet that makes it easy to invest in cryptocurrencies while earning interest. This wallet offers a variety of stable assets, including bitcoin, ethereum, and ethereum Classic. It also allows you to stake several popular cryptocurrencies. You can also borrow fiat currency and use it as collateral when making additional loans. You can repeat the process up to ten times.
AQRU
Unlike many other crypto wallets, AQRU is a free investment platform. It accepts deposits of both crypto and fiat currency and converts them within the platform. Aqru earns interest by lending users’ funds to borrowers who have shown significant existing assets and robust audit histories. Aqru makes it easy to track your interest earnings and withdraw them in your chosen crypto currency. Users can even use a referral code to earn even more interest.