Best Crypto Interest Accounts of 2023 (Ranked and Reviewed)

I wrote this complete guide to the best crypto interest accounts of 2023 to help you make the right decisions.

It’s time to earn high interest for your crypto deposits (up to 15 – 20% APR) — paid daily or weekly.

Your interests can be paid in FIAT currency (such as USD, GBP, CAD), which is preferable to most beginners.

When it comes to cryptocurrency interest accounts, you’ll often hear people recommending NexoVAULDCelsius Network, and Binance Earn as the leading platforms that pay out high yields.

I’ll show you a lot more reputable platforms with high-yield interest accounts.

This guide will show you:

  • What the best crypto interest accounts are
  • How the best crypto interest accounts work
  • How to maximize your interest rate and earn more profit, plus how to avoid wasting money on a ‘fancy’ crypto exchange platform
  • And lots more…

So if you’re ready to earn up to 20% Annual Percentage Rate (APR) for your crypto deposits, this guide is for you.

Let’s go ‘all in’ and generate high yields for our crypto assets.

What Are The Best Crypto Interest Accounts?

Here are my top picks for the best crypto interest accounts of 2023:

  1. Nexo
  2. VAULD
  3. Celsius Network
  4. Hodlnaut
  5. BlockFi
  7. Wirex
  8. Nuri
  9. Midas Investments
  10. Binance Earn
  11. CoinLoan
  12. Ledn
  13. Voyager
  14. Gemini
  15. Coinbase
  16. Outlet Finance

Alright, let’s dive right in. Here’s a breakdown of the 16 best crypto savings and interest accounts in 2023:

1. Nexo

Best overall crypto interest account

Nexo offers a crypto interest account that pays interest on a daily basis, and you can withdraw it at any time.

It offers competitive rates and does not require a lock-up period.

So it’s not as versatile as some other crypto interest accounts.

Those looking for a cryptocurrency interest account should check out Nexo.

This company offers a range of rewards from 6% to 12% APY on a wide variety of digital assets, including stablecoins.

Key Features

  • A high-yield Savings account that pays up to 20% APR
  • Earn daily interest on Cryptos, EURx, USDx, and GBPx.
  • Deposit or withdraw funds anytime
  • Get approved quickly to borrow cryptos
  • 30+ crypto assets to lend/borrow


  • Easily withdraw interests to your bank account
  • Your funds are safe with Trusted Insurance cover on the custodial assets
  • You can borrow and pay low-interest rates (starting at 0%).
  • Get your cash loan approved quickly. Zero credit checks
  • Get a free virtual card, which is accepted at 40+ million merchants globally


  • NEXO is a bit complex to learn, it requires a learning curve
  • The mobile app can be laggy at times

Nexo Fee Structure

Up to 1% NEXO Tokens in Portfolio1 Free Crypto Withdrawal each month1-5% NEXO Tokens in Portfolio2 Free Crypto Withdrawals per month5% – 10% NEXO Tokens in Portfolio3 Free Crypto Withdrawals per monthAt least 10% NEXO Tokens in Portfolio5 Free Crypto Withdrawals each month


Best crypto interest account to earn interest starting with $1

VAULD is a leading crypto lending platform, with a versatile crypto interest account you’ll love.

When it comes to cryptocurrencies, the VAULD crypto interest account is among the most popular. In addition to being a great way to start earning interest, VAULD allows you to deposit as little as $1 of cryptocurrency.

Not only is it the fastest way to access cryptocurrency interest rates, but it also provides a secure and convenient place to hold your assets.

This new cryptocurrency lending platform has many advantages, including competitive rates and regular upgrades.

Key Features

  • Get paid weekly on compounded interests
  • Borrow cryptos with ease
  • Earn, Borrow, and Trade Cryptocurrencies
  • Interest rates up to 11.57% APR
  • Earn higher interests rates on fixed deposits


  • Earn up to 11.57% APR on your deposits
  • There are no hidden fees
  • Join a crypto community to discuss upcoming tokens
  • A simple and easy-to-use mobile app
  • No hassles. Easily pay back your loans via installments


  • VAULD is a new crypto platform, so it lacks the reputation that Binance and Coinbase have.
  • Making a deposit/withdrawal can be a lot easier (especially for beginners)

VAULD Deposit and Withdrawal Fees

VAULD Interest Rates

TokenSavings Rate (APY)Fixed Deposit Rate (APY)

3. Celsius Network

The best crypto interest accounts with high yield cryptos (up to 17%)

Celsius Network offers its users an innovative Crypto interest account. This Interest Account provides an easy way to earn a return on your crypto investments.

Users are required to deposit their coins into the Celsius account and receive an address to send them.

The Celsius Network crypto interest account pays out every Friday. The interest is calculated and distributed every Monday.

Key Features

  • Easily transfer your cryptos assets and earn decent interest rates
  • Get paid weekly (every Monday)
  • Borrow funds at 1% APR, no credit check
  • Access your Celsius account on the Web, iOS, and Android channels


  • Get paid up to 17% APR on crypto assets
  • No origination fee
  • Easy access to 40+ lendable coins to pick from (incl. BTC, ETH, USDT)
  • It’s available in 125 countries
  • Enjoy 25% more rewards when you transact with the CEL token


  • Limited trading capabilities (especially for expert investors)
  • More lendable coins would be appreciated

Celsius Network Fees: A Breakdown

Loan rateStarting at 1% APR
Original fee0%
Collateral options40+
Withdrawal fees0%
Holding fees0%
Gas fees0%

Crypto Savings Accounts – FAQs

Let’s answer some of the frequently asked questions about crypto savings accounts.

What is a crypto interest account?

A crypto interest account allows users to earn interest on their crypto deposits (up to 20% APY).

Are crypto interest accounts safe?

Some are safe because they use the latest security measures to protect your funds. But there’s risk involved since most of these interest accounts are not FDIC-insured.

Why are crypto interest rates high?

crypto interest rates are high due to a mix of risk, market inefficiencies, and high demand for borrowing cryptos and stablecoins

Is the crypto lending industry regulated?

Most crypto lending companies and platforms are regulated by the government, while others are decentralized and have no third-party control whatsover.

Should I lend all my crypto for interest?

It’s not safe to lend all your crypto assets to borrowers. About 5% of your cryptos should be used for earning interests.

How does crypto lending work?

Crypto lending works in the same way as traditional lending organizations. A user invests their Bitcoin or any other crypto asset to earn an interest rate of up to 10% annually.

What is a crypto bank and how does it work?

Crypto banks are not physical banks, they refer to a digital vault for holding digital assets like Bitcoin, Ethereum, etc. Anyone can buy, sell, trade, or earn interests on these crypto assets that have been securely stored.

How to open a crypto interest account?

To open a crypto interest account, visit Celsius Network and sign up for a free account. Fill out the forms and verify your account. Then deposit a cryptocurrency to start earning interest daily.

What is the best way to earn interest on crypto?

The best way to earn interest on crypto is by staking and lending your crypto assets on platforms such as NEXO, BlockFi, and VAULD.

How to earn interest on crypto?

Sign up for free with NEXO, deposit your crypto, and start earning interest instantly – up to 20% APR.

Can you make money with crypto savings accounts?

Yes, you can earn interest with your crypto savings account when you lend your money to borrows, who collateralized their crypto assets.

What’s the difference between DeFi and CeFi?

DeFi uses decentralized infrastructures, where the financial services are governed by communities rather than single entities, while in CeFi, all operations are managed by an organized body or a group of companies.  

Best Crypto Interest Accounts – Summary

There you have it – my ultimate comparison review of the best crypto interest accounts.

Crypto interest accounts provide a new profitable way to earn interest on crypto assets (such as Bitcoin, Ethereum, DogeCoin) that you have purchased.

Don’t just choose any crypto platform, I have provided the best crypto interest accounts that pay out great interest rates for your deposits.

Here are my final recommendations:

  • Nexo – Best for high interest rates (up to 20%)
  • VAULD – Best for beginners
  • Celsius Network – A better crypto exchange for high-yield stablecoins
  • Binance Earn –
  • Hodlnaut – A better option to earn good yields on your BTC, ETH
  • BlockFi – Best for businesses and traders

Now I’d like to turn it over to you:

What crypto interest accounts do you want to use?

Did I miss out on your favorite crypto interest account platform here?

Either way, let me know by leaving a quick comment below right now.

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