Are You Participating in a Crypto Savings Account?

[Suba]

A crypto savings account is a feature found on crypto exchanges, this feature works similarly to a traditional bank where depositors will earn interest rewards, but crypto saving accounts provide higher rewards so that they attract crypto investors to participate and create passive income, rather than just storing crypto in a wallet that does not generate any profit. Several well-known exchanges offer attractive rewards between 3% to 6% APY, even DeFi apps like Anchor Protocol, offer annual yields of around 21%. In addition, the official Bonk token website also provides attractive rewards for locking investors' Bonk tokens on their platform. Here are some well-known crypto exchanges that provide crypto savings account features such as: Coinbase, Binance, Nexo, Crypto.com, Kucoin etc.

 

[Augusta]

Well, I'm just knowing about this but it is a good idea as it still gelpa us build on our crypto savings. Would have to join this as it is meaningful

 

[riberet19]

I participate in a few stakes, but none through an exchange, I never leave my money on an exchange, I only use them to exchange them to exchange into fiat currency.