Are you looking for the best Bitcoin savings account with the highest interest rates?
Or wondering how to increase your crypto assets without trading?
It is very likely that you already holding some Bitcoin, but are looking for ways to earn passive income with your crypto, to stack a little bit more satoshis.
Well, look no further.
YouHodler offers some of the highest interest rates on the market. Simply deposit your Bitcoin or altcoins into your YouHodler account, sit back and relax, and earn up to 12% interest on your crypto assets.
Instead of keeping your cryptocurrency on cold storage or crypto exchanges while waiting for the new bull market, you can now put your coins to work and earn a healthy return through services like YouHodler.
What’s great, earning interest on your crypto is completely passive.
All you need to do is sign up for YouHodler Savings Account (it’s free), deposit your preferred crypto into your account and start accruing interest daily to grow your crypto assets.
Your cryptocurrency investments will continue to generate on-going, guaranteed incomes for you with no extra effort from your part, for as long as you like.
You can withdraw your cryptocurrency at any time when you think it’s the right opportunity to get back into the markets.
Sounds great?
In this article, we’ll discuss how YouHodler Savings Account works and how to get started with YouHodler so you can get your funds to work right away! as well as some questions about crypto savings account in general.
If you already have a YouHodler account, it’s profoundly easy for you to get involved. If not, register now so that you can take part in this new financial revolution!
Note: As of this writing, YouHodler is not yet available in the United States. If you’re a U.S. citizen, you may want to try signing up for Flynt Finance . Start earning in their interest bearing accounts.
What is a YouHodler Savings Account? How does it work?
YouHodler is a trustworthy financial company that allows you to earn better interest rate as well as borrow funds against your crypto deposits.
The principle is pretty similar to savings accounts at brick and mortar banks. But instead of deposit dollars, euros, pounds or any local money, you deposit crypto and earn incredibly high-interest rates over time.
For those who’re tempted to buy bitcoin but think it’s too risky for you, think again!
Basic savings accounts rates at banks are extremely low right now.
If you have a basic savings account from a traditional bank, you probably have an interest rate around 0.01% to 0.10%.
What does this near zero interest rates mean?
- Your money is not growing as quickly and continuously as it could.
- Worse, you’re actually losing money each year due to inflation.
Although fiat currencies are efficient for spending, they may not be as efficient for savings ANYMORE.
This is where YouHodler comes in.
YouHodler has various savings accounts for cryptocurrencies, providing users with the ability to earn compound interest in crypto. Simply keep your crypto in your YouHodler wallet, and you can get 12% in stablecoins and up to 8% in other crypto.
Your crypto assets will earn interest on a daily basis. And you’ll receive weekly compound interest payments directly into your account.
Here’s how it works:
- You transfer a minimum $100 worth of crypto into your YouHodler wallet
- You decide to loan the coins out for 1 month, 3 months or 12 months
- You will be paid an annualized interest rate of 4.8%
- At the end of the savings period, you will get your BTC back, plus the interest you made
With that said, if you’re interested in long-term crypto investing, YouHolder Savings Account can help you accrue interest while keeping your coins safe.
Why choose YouHodler for your savings accounts?
You may find many other crypto savings accounts out there, but most of them require you to hold their platform based tokens (such as Celsius Network and Nexo) in order to earn higher interest rates. YouHodler doesn’t.
YouHodler Savings Account offers one of the highest interest rates on savings accounts (12%), attractive crypto and stablecoin options.
Earning interest on your crypto with YouHodler is easier than you might think. Simply deposit your coins into account and they’ll start working for you instantly.
Even if you’re new to crypto or don’t have any of the supported crypto, you’re still able to take advantage of this high-yield savings account.
Just convert your local fiat or any crypto to the stablecoins in seconds, right within your YouHodler account.
Plus, you can grow your savings with weekly compound interest. This basically means that you can earn more and more interest every week!
What’s more, you can also use unique tools like YouHodler’s Turbocharge and Multi HODL™ to maximize your interest rates and earn more crypto, all within one single platform.
And you can withdraw your savings account earnings to a wallet of your choice with just a click of a button. It’s fast and instant.
Most importantly, you can be assured that your funds are safe and secured at all times by Ledger Vault digital asset management system and is covered by $150 million pooled crime insurance.
How much can you earn with YouHodler Savings Account?
YouHodler is raising its crypto saving rates to the highest in the industry with no maximum deposit.
You can start earning interest on your crypto by deposit as little as $100.
Whether you deposit 0.01BTC, 1BTC or 100BTC, you will get to enjoy the best interest rates available in the market.
At present, YouHodler supports over 20+ top cryptocurrencies:
- USDT, USDC, PAX, TUSD, DAI, HUSD – at 12% APY;
- PAXG – at 8.2% APY;
- LINK – at 6.2% APY;
- BTC – at 4.8% APY;
- ETH, XRP, XLM – at 4.5% APY;
- HT, BNB – at 3% APY.
As you can see, the amount of interest you earn with YouHodler varies depending on the type and amount of crypto you deposited as well as the savings period.
Let’s not forget, YouHodler also offers compound interest. Meaning the weekly interest earned will go back to the initial pool and keep compounding continuously. This way, you can earning interest on interest! Compound interest is a powerful way to grow your cryptocurrency holdings over time.
So, the longer you save, the more interest you’ll earn on your original funds.
For example, if you deposit $10,000 worth of stablecoins like USDT into a YouHodler Savings Account (which has an annual 12% return), after 1 year, you can expect to earn up to $1200.
Use this YouHodler savings calculator to easily calculate the estimated earnings from your crypto.
How to Earn Interest on Your Crypto with YouHodler
Before you can start using YouHodler, you’ll need to sign up for a free account, complete KYC (Know-your-customer) procedure and wait for their approval. Once your account is approved, you can start using all the features on YouHodler.
Step 1: Deposit crypto into your YouHodler Wallet
First, you decide how much and how long you want to loan your coins out (1,3, or 12 months). Once you agree with the interest rates and terms, click “Start Earning” to proceed.
YouHodler pays interest on BTC, PAXG, USDC, TUSD, USDT, HUSD, PAX, BNB, HT, XRP, XLM and ETH deposits.
If you don’t such crypto, you can send fiat money (EUR, USD, GBP etc) via bank wire transfer or debit/credits card to your YouHodler account. If you’re transferring funds via wire deposits, it can take up to 24 hours to process. While funds will be received almost instantly via card payment.
When your money is deposited into your YouHodler account, convert it to any cryptocurrency available at YouHodler and start earning high interest rates.
That’s how you earn 12% on EUR, USD and GBP!
Step 2: Earn interest on crypto
Next, transfer your funds to your YouHodler Savings Account. Once you receive the crypto, your coins will start working for you and the first weekly payment period begins.
That’s it. Just let your crypto sits on your YouHodler Savings Account, do nothing and you’ll get paid weekly in stablecoins and crypto.
If you want to track your Savings Account earnings, click “Earned” page to see your earnings on a daily basis.
Here are few important things that you need to know:
- If you withdraw the funds before the end of weekly period, you will not get any interest for that particular week.
- While you can deposit additional crypto to your YouHodler account anytime of the week, it will only earn crypto interest starting from the following week.
- At the end of each week, your total accumulated interest will be deposited into your Savings Account. You have the option to keep the interest earned there to accumulate even more profit (Let it compounds -earn more interest on your interest!)
Step 3: Boost your savings and keep your interest
If you’re ready to increase your risk for a greater reward, try Multi HODL™.
Use Multi HODL™ to create a customized portfolio that will allow you to boost your savings with massive upside potential, while at the same time, keep your fixed daily interest.
Play with your crypto and find the right balance (take a limited risk VS an asymmetrical high level of potential profit) that matches your risk tolerance.
For more information on how to get the most out of YouHodler, visit this article with all my tips.
What currency will the interest be paid out in?
You’ll get paid in the same cryptocurrency as your deposit currency.
For instant, if you deposit BTC, you will earn interest in BTC. While depositing in ETH, will make you interest in ETH.
Who can open a YouHodler Savings Account?
YouHodler is available to customers worldwide except the United States, China and Bangladesh.
No matter where you are from, no matter what your background is, no matter what your socioeconomic status is, you can start growing their savings at a higher rate, earning more crypto with YouHodler!
Now, you may be thinking – but this all sounds too good to be true?
Earning interest on your cryptocurrency is a relatively new concept.
And these extremely high interest rates are all made possible through institutional lending business, in which YouHodler provides trusted institutional, highly qualified corporate, retail borrowers with access to crypto inventory and margin financing.
As crypto is getting more and more popular, crypto lending proved to be a pretty effective revenue model by itself. Thus, allowing YouHodler to give the best interest in the market for users around the world.
On the other hand, most banks have lots of overhead. Each branch, ATM, teller is costing you money. While you don’t pay to use this thing, you’re paying in fees and low annual interest.
YouHodler is a better option, all is done online, and don’t have those unnecessary costs, and they pass their savings to their customers. It’s a great way for average person to grow savings outside of traditional finance system. Plus, you get the exposure to Bitcoin!
Conclusion
Storing, holding, and earning crypto at the same time is now possible with YouHodler Savings Account- offering a great way to earn interest on your funds without any special knowledge or skills. It’s ideal for beginners and crypto hodlers alike.
Keep your crypto assets in your own hardware wallet like Ledger is still the safest way for your long-term strategy. But simply let your crypto sit idly in your wallet doesn’t help to create more wealth.
So while waiting for the value of your crypto investment going to the moon, you may consider allocate a potion of your crypto into YouHodler Savings Account.
This way, you can continue to grow your crypto assets without investing more money or wasting time on trading.
To participate, open a YouHodler Savings Account here and start earning interest on your crypto.
Happy HODLing!
If you’d like to learn more about ways to make passive income, check out this 7 ways to earn passive income with Bitcoin and crypto.
If you want to look at other crypto platforms before jumping on board – that’s fair. Check out these 7+ Best Bitcoin Lending Sites to Earn Bitcoin Interest.
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P.S: This Bitcoin resource is One of – if not the most – comprehensive resources for learning about Bitcoin with over 20 categories ranging from history to buying BTC, setting up a wallet, technical information, mining, security, and trading. Enjoy!