{"id":81423,"date":"2022-01-14T11:29:43","date_gmt":"2022-01-14T11:29:43","guid":{"rendered":"https:\/\/rubyskynews.com\/?p=81423"},"modified":"2022-01-14T11:29:43","modified_gmt":"2022-01-14T11:29:43","slug":"best-crypto-savings-accounts-for-earning-interest","status":"publish","type":"post","link":"https:\/\/rubyskynews.com\/index.php\/2022\/01\/14\/best-crypto-savings-accounts-for-earning-interest\/","title":{"rendered":"Best Crypto Savings Accounts For Earning Interest"},"content":{"rendered":"
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Earning free crypto is the best! You get to invest in cryptocurrency without using a lot of your own money. And luckily for us, many companies offer crypto bonus offers to new customers.<\/strong><\/p>\n

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There are two main factors that are going to affect your overall earnings (or losses) from a crypto-based savings account:<\/p>\n

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  1. The cryptocurrency\u2019s price in U.S. dollars.<\/li>\n
  2. Interest rate paid on your crypto savings account(s).<\/li>\n<\/ol>\n

    Crypto Savings Accounts Vs. Crypto Wallets<\/span><\/h2>\n

    When you have Bitcoin or another form of crypto in a wallet, the number of coins you own doesn\u2019t change over time. With crypto-based savings accounts, the number of coins you own will increase over time!<\/h1>\n

    Personally, I\u2019m using all the cryptocurrency exchanges I mention in this post (and took advantage of every free crypto sign-up bonus).<\/p>\n

    Nexo<\/span><\/a><\/h1>\n

    Why we chose it:<\/strong> We chose Nexo\u00a0Wallet as the best crypto wallet for beginners because it\u2019s an intuitive and highly secure wallet that is backed by a well-known exchange.<\/p>\n

    Earn between 3% and 12% APY (paid daily) with\u00a0Nexo<\/a><\/strong>.<\/p>\n

    Nexo\u2019s claim to fame is limited lock-up times of just 24 hours or less. That means your interest payments are paid out daily.<\/p>\n

    Nexo also has $375 million in insurance on all custodial assets.<\/p>\n

    There are no monthly fees or minimum deposit requirements to open an account.<\/p>\n

    Sign up here – https:\/\/nexo.io\/ref\/zmoem4uvoe?src=web-link<\/a><\/strong><\/span><\/p>\n

    Invite friends and earn Bitcoin<\/h2>\n

    For every friend who tops up $100 or more, Nexo will reward both of you with $10 in BTC.<\/p>\n

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    The Nexo Loyalty program<\/span><\/strong>\u00a0is a four-tier system, comprising\u00a0Base<\/strong>,\u00a0Silver<\/strong>,\u00a0Gold<\/strong>, and\u00a0Platinum<\/strong>\u00a0levels, which extends benefits depending on the amount of NEXO Tokens you hold across your Nexo Savings and Credit wallets, as combined in the\u00a0Portfolio Balance*<\/strong>.<\/p>\n

    The requirements for each tier are as follows:<\/strong><\/p>\n