Market Briefs Newsletter

Subscribe to our FREE finance & business newsletter to get financial news you can finally use.

Thanks for signing up to Market Briefs! Please check your email to confirm your subscription. If you don't see the email in an hour, check your spam and promotions folder. 

Be sure to read our Privacy Policy & Terms of Use.

  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Minority Mindset

Minority Mindset

Defy all odds.

  • Home
  • About
  • Blog
    • WEALTH
    • REAL ESTATE
    • CRYPTO
    • STOCKS
  • PRODUCTS
  • MONEY 101
  • GUAC TALK
Advertiser Disclosure

Our promise to you.

Minority Mindset, LLC is an independent, advertising-supported publisher. We are not an investment advisor. Always do your own due diligence and never blindly listen to a random article on the internet. We do our best to provide financial education with our free videos, articles, tools, and other self-help content. But these are for informational purposes only, they’re not investment advice.

Minority Mindset does not and cannot guarantee the accuracy or applicability of any information regarding your individual circumstances. The examples we provide are hypothetical and we encourage you to get advice from a qualified professional regarding specific investment, tax, legal, and financial issues. Previous market performance does not guarantee future performance.

We want everyone to be able to make educated financial decisions. We do not feature every company or financial product available. However, we’re proud of the financial education and guidance that we provide at no charge.

We’re paid by our brand partners and advertisers. This may influence which products we mention, review, and where they appear on our site. But it does not affect our recommendations or advice.

See more from Cryptocurrency Investing

Best Crypto Interest Accounts For 2022

June 4, 2022 by Onur Sener

Onur Sener June 4, 2022

Crypto Interest Account

Disclaimer

We only endorse products that we truly believe in. Some of the links below may earn us some extra guac at no additional cost to you. Please pass the chips & thank you for feeding our habit.

More and more platforms are offering crypto interest accounts in 2022, so investors like myself can earn regular interest income by holding cryptocurrencies. Crypto interest accounts allow you to deposit your coins for a given period of time to earn interest, just like traditional savings accounts. 

The main difference is that some accounts offer more than 10% interest per year for your crypto.

In this article, we will compare the 5 best crypto interest accounts in 2022, which include BlockFi, Coinbase, Gemini, Binance, and Kraken. Then, you will be able to decide for yourself which platform’s offerings are the best for your needs and goals.

PlatformPromotionsLink
Earn up to $250 in BTC bonus when you fund your new account.Invest Today
Get $5 in Bitcoin after your first trade.
Invest Today
No promotions at this time.Invest Today
$20 in BTC after trading $100 or more within 30 days.
Invest Today

Best Crypto Interest Accounts – A Quick Comparison

Earning interest from cryptocurrency is becoming more and more common during the recent years as investors are looking for alternative places to generate income due to the negligible savings rates in traditional bank accounts. 

Different interest accounts target different customer segments. For example, an interest account might target Bitcoin and Ethereum investors by offering them the highest interest rates available in the market, while another platform may target stablecoin investors by offering them rates that are significantly higher than what people get with savings accounts in traditional banks. 

With that said, here is a comparison of the interest rates offered by the top 5 crypto accounts for the two most highly demanded cryptocurrencies — Bitcoin and Ethereum: 

Bitcoin:

Deposit SizeBlockFiGeminiCoinbaseKrakenBinance
0 - 0.10 BTC4.5%1.01%NA0.25%5%
0.10 - 0.35 BTC1%1.01%NA0.25%0.8%
0.35 - 0.5 BTC0.1%1.01%NA0.25%0.8%
> 0.5 BTC0.1%1.01%NA0.25%0.1%

Ethereum:

Deposit SizeBlockFiGeminiCoinbaseKrakenBinance
0 - 0.2 ETH5%1.26%4.5%4%2.4%
0.2 - 1.5 ETH5%1.26%4.5%4%0.1%
1.5 - 5.0 ETH1.5%1.26%4.5%5%0.1%
> 5.0 ETH0.3%1.26%4.5%7%0.1%

The 5 Best Crypto Interest Accounts For 2022

When compiling this list, we looked at the crypto interest rates on BlockFi, Gemini, Coinbase, Kraken, and Binance, and compared everything from daily rates to annular rates.

Before placing any money into a crypto investing app, though, be sure to do your own due diligence and consult with a financial professional as needed.

1. BlockFi 


BlockFi is one of the oldest interest-offering platforms in the crypto market, which started with offering interest for your Bitcoin. Then the product range has expanded in line with the general growth of the market. 

A critical thing to note about BlockFi is that as of February 14, 2022, the BlockFi Interest Account is no longer available to new U.S. persons and that existing U.S. customers cannot deposit any new assets to their interest accounts. 

For other customers, BlockFi currently gives the best interest rate for Ethereum up to 1.5 ETH, and the best rate for stablecoins up to a $20,000 investment. 

Currently there are 23 cryptocurrencies that give interest on BlockFi including seven different stablecoin assets. BlockFi uses a tiered interest structure for stablecoins and major cryptocurrencies like Bitcoin and Ethereum. 

The interest rate drops with increasing deposit amounts. Below you can find all applicable rates for these coins, as well as the rates for some other major coins:

CryptocurrencyDeposit SizeAnnual Interest Rate
Bitcoin0 - 0.1 BTC4.5%
Bitcoin0.1 - 0.35 BTC1%
Bitcoin> 0.35 BTC0.1%
Ethereum0 - 0.2 ETH5%
Ethereum0.2 - 1.5 ETH5%
Ethereum1.5 - 5.0 ETH1.5%
Ethereum> 5.0 ETH0.3%
Tether0 - 20,000 USDT8%
Tether20,000 - 10,000,000 USDT7%
Tether> 10,000,000 USDT5.5%
USD Coin0 - 20,000 USDC8%
USD Coin20,000 - 10,000,000 USDC7%
USD Coin> 10,000,000 USDC5.5%
Gemini USD0 - 20,000 GUSD8%
Gemini USD20,000 - 10,000,000 GUSD7%
Gemini USD> 10,000,000 GUSD5.5%
SolanaNo Limit5%
CardanoNo Limit5.5%
PolkadotNo Limit9.5%
AvalancheNo Limit10%
PolygonNo Limit11%

Note that the interest rates for coins excluding Bitcoin, Ethereum, and stablecoins are fixed regardless of your deposit amount.

Best Ethereum And Stablecoin Account For Small Investors

BlockFi offers the highest interest rate in the market for small Ethereum investors (up to 1.5 ETH) and the best rate for small stablecoin investors up to 20,000 USD of budget. It additionally offers one of the highest rates for Avalanche and Polygon, which are two other highly popular coins nowadays.  

On BlockFi, crypto interest payments are deposited to customer wallets on the last business day of each month. If you keep the interest in your wallet, BlockFi gives monthly compounding interest for the total sum. 

This means when you earn interest in Month 1 and do not withdraw it from your account, your next interest payment will be calculated off of your new total balance, which would in practice increase the annual interest rate for your funds.

Sign Up For BlockFi Here

2. Gemini

Gemini is the best platform for Bitcoin and stablecoin investors without any deposit limits.

On Gemini Earn, there are no different interest tiers that drop with increasing deposit sizes, so you get a fixed interest rate at any deposit amount. 

Although Gemini Earn has highly convenient and profitable interest accounts, its services are currently available only in the U.S., Singapore, and Hong Kong.

There are currently 44 different interest-offering crypto assets on Gemini Earn. Here are the available interest rates for the most notable ones:

CryptocurrencyAnnual Interest Rate
Bitcoin1.01%
Ethereum1.26%
Stablecoins (GUSD, USDC, UST)8%
Filecoin7.26%
Axie Infinity6.83%
Dai6.43%
Bitcoin Cash5.12%
Terra4.52%
Tezos2.05%
Solana5%
Polygon11%

Best Overall Account For Bitcoin And Stablecoin Investments  

Because there are no interest tiers on Gemini, you can get the best rates for larger Bitcoin and stablecoin deposits compared to BlockFi and other competitors. 

It is also worth noting that on Gemini Earn, interest is paid to your account daily at 4 p.m. EST every day, in contrast to BlockFi’s monthly interest payments.

Earn Interest On Your Crypto Investments With Gemini

3. Coinbase

Although Coinbase is known as a truly global cryptocurrency exchange, which is available in over 100 countries, its interest products are highly limited. 

On Coinbase, you can earn interest on 5 different cryptocurrency assets only. There are also no interest tiers on Coinbase like on Gemini, so you get the same interest rate for any deposit size. 

On the other hand, Coinbase offers one of the best interest rates for Ethereum regardless of your deposit size.

Here are the interest rates you can earn for the available cryptocurrency assets on Coinbase:

CryptocurrencyAnnual Interest Rate
Ethereum4.5%
USDC0.15%
Dai2.55%
Tezos4.6%
Cosmos5%

As you can see in the above table, the interest rate for USDC is even worse than the current US Dollar savings rates at banks, but the rate for Ethereum is exceptionally good without any limits. 

Coinbase deposits the interest payouts monthly, just like BlockFi. Interest rewards are distributed to customer wallets within the first 5 business days of the following month. 

One Of The Best Accounts To Earn Interest For Ethereum

Ethereum deposits on Coinbase are “staked” on the Ethereum blockchain network, which means you receive your interest from the Ethereum network, not from Coinbase. 

Depositing on the network also means there can be no interest payouts until the maturity date, which can vary between 30 and 120 days. If you withdraw your ETH from Coinbase at any time during the staking period, you will forfeit all the interest you have accrued so far, unlike in regular interest accounts where you would have received the accrued interest amount. 

However, due to this very reason, Ethereum staking typically returns higher yields compared to regular interest accounts. On the downside, staking rates are very volatile and can change a lot depending on market conditions. 

The current 4.5% rate for Ethereum is valid for only 90-120 days from today, which may change significantly afterwards. 

Invest With Coinbase Today

4. Kraken

Kraken’s interest accounts consist of staking services only, but they generally offer attractive rates if you can survive without receiving interest payouts throughout the staking period. 

Kraken is generally the best platform for staking large cryptocurrencies.

You should additionally note that Kraken is not available in all 50 U.S. states. Customers in Washington and New York cannot access Kraken's services at all, while other U.S. users cannot stake the popular Terra coin on Kraken. 

Below are the rates on Kraken for the stake-able cryptocurrencies offered on its platform. Note that Kraken does not offer interest for stablecoins.

CryptocurrencyAnnual Interest Rate
Bitcoin0.25%
Ethereum4 - 7%
Cardano6%
Solana5%
Terra4.52%
Polkadot12%
Cosmos12%
Tezos2.05%

Best Account For Large Staking Investments

Although Kraken offers a fixed reward rate for the crypto assets on its platform, it has a tiered structure for Ethereum. On Kraken, the specific yield for Ethereum depends on your deposit size.

So for large ETH investors, Kraken offers up to 7% per year, which is significantly higher than both BlockFi’s off-chain interest accounts and Coinbase’s on-chain staking accounts.

Start Getting Interest On Your Crypto With Kraken

5. Binance

Binance.US is by far the largest cryptocurrency exchange in the world and it offers interest for 145 cryptocurrencies and staking for 104 different coins. 

Binance.US is the best platform for staking smaller, more volatile cryptocurrencies. 

Like BlockFi, Binance.US uses a tiered interest structure for Bitcoin, Ethereum, and stablecoins. But tiered interest rates do not end there on Binance.US. There are significantly reduced rates for almost every major cryptocurrency on Binance.US when you exceed even the smallest thresholds.

Below are all applicable rates for the major cryptocurrencies and stablecoins on Binance.US: 

CryptocurrencyDeposit SizeAnnual Interest Rate
Bitcoin0 - 0.1 BTC5%
Bitcoin0.1 - 0.35 BTC0.8%
Bitcoin> 0.35 BTC0.1%
Ethereum0 - 0.2 ETH2.4%
Ethereum>0.2 ETH0.1%
Tether0 - 2,000 USDT10%
Tether2,000 - 75,000 USDT3%
Tether> 75,000 USDT1%
USD Coin0 - 75,000 USDC1.2%
USD Coin> 75,000 USDC0.3%
Cardano0 - 1,000 ADA1%
Cardano> 1,000 ADA0.5%
Avalanche0 - 5 AVAX3%
Avalanche> 5 AVAX0.2%
Terra0 - 5 LUNA3%
Terra> 5 LUNA0.2%

The interest from Binance.US interest accounts is distributed directly to your account on a daily basis. 

As you can see in the above table, Binance.US offers good rates only for the smallest investors. For example, it offers the highest interest rate for Bitcoin up to 0.1 BTC deposits ($4,000 in current prices), and the highest rate for the Tether stablecoin up to 2,000 USDT. Beyond that level, it offers quite sub-par rates in comparison to its competition. 

Best Account For Staking Small-Cap, Volatile Cryptocurrencies

Where Binance.US fails to deliver for larger investors, it makes up for in the staking department. Below is a screenshot of the largest staking interest rates you can find on Binance.US by staking the below coins on Binance.US:

crypto interest accounts

But you should carefully note that the above list consists of highly volatile cryptocurrencies, so the money you make in US Dollar terms will most likely fluctuate sharply. The only way you could make better income with such coins, compared to getting interest from safer bets like stablecoins or Bitcoin and Ethereum, is if there is an ongoing bull market. 

Otherwise, in a bear market you could come out with significant losses on your principal investment.

Check Out How You Can Earn Interest On Binance.US

Finding The Best Crypto Interest Account In 2022

Finding the right crypto interest account for you depends on your investment budget and your general risk appetite.

Gemini is the best overall platform for Bitcoin and stablecoin investors, offering 1% and 8% yearly interest rate regardless of your deposit amount. 

If you are an Ethereum investor, Kraken gives the best rate for large investors at up to 7% per year. But if you are a small Ethereum investor with less than 1.5 ETH, BlockFi would give you the best rate at 5%.

On the other hand, if you want to take higher risks with your crypto investments, you can choose the interest accounts of smaller cryptocurrencies on BlockFi such as Polkadot, Avalanche, and Polygon regardless of your investment size. 

PlatformPromotionsLink
Earn up to $250 in BTC bonus when you fund your new account.Invest Today
Get $5 in Bitcoin after your first trade.
Invest Today
No promotions at this time.Invest Today
$20 in BTC after trading $100 or more within 30 days.
Invest Today

Written by Onur Sener.

Onur Sener is a former corporate finance professional who switched his career to pursue his passion in cryptocurrencies. Since 2017, he has been a dedicated cryptocurrency investor and trader. He is particularly curious about the factors that give cryptocurrencies their value.

Primary Sidebar

Advertiser Disclosure

Our promise to you.

Minority Mindset, LLC is an independent, advertising-supported publisher. We are not an investment advisor. Always do your own due diligence and never blindly listen to a random article on the internet. We do our best to provide financial education with our free videos, articles, tools, and other self-help content. But these are for informational purposes only, they’re not investment advice.

Minority Mindset does not and cannot guarantee the accuracy or applicability of any information regarding your individual circumstances. The examples we provide are hypothetical and we encourage you to get advice from a qualified professional regarding specific investment, tax, legal, and financial issues. Previous market performance does not guarantee future performance.

We want everyone to be able to make educated financial decisions. We do not feature every company or financial product available. However, we’re proud of the financial education and guidance that we provide at no charge.

We’re paid by our brand partners and advertisers. This may influence which products we mention, review, and where they appear on our site. But it does not affect our recommendations or advice.

More From Cryptocurrency Investing

  • How Does The Gemini Hot Wallet Compare - 2022 Wallet Review
  • How Exactly Does Crypto Staking Work
  • Kraken vs Gemini vs Coinbase - Which Is Right For You?
  • Best Crypto Interest Accounts For 2022

Get Your FREE Guide To Cryptocurrency Investing

& our daily newsletter

Thanks for signing up for our financial education emails! Check your email to confirm your subscription. If you don't see the email in an hour, check your spam and promotions folder.

Be sure to read our Privacy Policy & Terms of Use.

Featured Cryptocurrency Investing Posts

Gemini Hot Wallet Review

How Does The Gemini Hot Wallet Compare - 2022 Wallet Review

How Exactly Does Crypto Staking Work

How Exactly Does Crypto Staking Work

Kraken VS Gemini VS Coinbase

Kraken vs Gemini vs Coinbase - Which Is Right For You?

Crypto Interest Account

Best Crypto Interest Accounts For 2022

The Latest On Cryptocurrency Investing

Kraken Crypto Review 2022 - Why You Should Use Kraken

Binance Review

Binance.US Review 2022: A Trusted, Beginner-Friendly Option?

How To Invest In Bitcoin with $100

How To Invest $100 In Bitcoin Today

Coinbase Review

Coinbase Review 2022 - Everything You Need To Know

BlockFi Review

BlockFi Review 2022 - How To Use BlockFi For Beginners

Is BlockFi Safe

Is BlockFi Safe - Investing With BlockFi

Top 10 Crypto Exchanges

Top 10 Crypto Exchanges To Buy And Sell Crypto On In 2022

Coinbase Day Trading Rules - Getting Started For Beginners

how to invest in bitcoin for 100 or less

How to Invest in Bitcoin with $100 or Less

Make Money While You Sleep With Crypto

Footer

Keep Hustlin’

Company

  • About Us
  • Store

Help

  • Contact Us
  • Advertise
  • YouTube

Legal

  • Privacy Policy
  • GDPR Opt-Out
  • Comment Policy
  • Terms of Use

Follow us on:

Disclaimer: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements, and seek independent professional advice, before making any financial decisions. Our content is provided for informational purposes only, and no content that is provided or included in our products or services is intended for trading or investing purposes. We will not be liable for the accuracy, usefulness, or availability of any information transmitted and/or made available by way of our products or services, and shall not be responsible or liable for any trading and/or investment decisions made by you based on any such information. For a further understanding of this Disclaimer and use of our site, please see the information contained in our Terms of Use and Advertising Disclaimer.

Minority Mindset may earn a portion of sales from products that are purchased or recommended through our site as part of our Affiliate Partnership with retailers and brands.

Minority Mindset has partnered with CardRatings for our coverage of credit card products. Minority Mindset and CardRatings may receive a commission from card issuers.

© 2022 Minority Mindset, LLC. All Rights Reserved.