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BlockFi Savings Account

If you’re sitting on crypto and not putting it to work, you could be earning passive income from it. BlockFi offers cryptocurrency savings accounts, and the annual compounded interest rate is 8.6% paid in monthly installments. You can earn your interest in Bitcoin, Ether tokens or USD. Withdrawal limits are also high — 100 BTC per week — far beyond the needs of most lenders.

Though there is a gap risk, your deposits are insured through Gemini, which is one of the most highly regulated crypto companies in the world. BlockFi is considered one of the easier platforms to use, so it may be a good choice if you are nervous about getting your feet wet.

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