Earning interest in cryptocurrencies is a fairly new concept. There are a few platforms where you can earn interest on depositing cryptocurrencies. The platforms provide full details of the annual interest rates and are updated every 15 minutes so you know the current interest rate in the market.

Earn interest on cryptocurrencies

Unlike centralized banking systems, in the decentralized crypto world no matter if you are lending or borrowing, you must keep all the interest you earn. Here in the decentralized market, the interest rate is not fixed on all platforms, but is revised every 15 minutes.

One of the best ways to earn interest in cryptocurrency is lending. Cryptocurrencies can be lent during a “lock period,” i.e. the time when you cannot liquidate your cryptocurrencies. Hence, the longer the lockout period, the more you will be able to lend.

So how exactly do you earn interest through lending? Well, there are two sources. One source where you lend to traders who lend on your behalf and the second source where you give a loan to someone else. Here, you can accumulate your coins and even earn passive income from them.

Therefore, the decentralized market in the blockchain has introduced the concept of crypto loans into the market and the returns are very high compared to the centralized markets. The only drawback is the lack of transparency that the crypto market is currently working on. Some of the popular security platforms are given below:

The best platform for earning interest on cryptocurrencies

We have carefully selected some of the trusted, safe and reliable platforms for earning interest on cryptocurrency. It is advised that you also do your own research before investing money in any of the platforms listed below:


blockfi - earn interest on cryptocurrency

The BlockFi Interest Calculator, or BIA, helps you earn compound interest of around 6.2% per annum on bitcoins or ether. Powered by Gemini, BlockFi allows you to earn a stable income every month with its monthly payments in Bitcoin and Ether.

Earning with BlockFi is really easy. Simply create an account which will only take a minute or so. Deposit BTC or ETH and earn around 6% interest annually. These interest compounds result in an interest rate of 6.2% per annum. The equation is very simple. The person who deposits 1 BTC at the beginning of the month will get a total increase of 1,062 BTC which is more than 6.2% annually.

If the investor adds more cryptocurrencies to his account, his interest will multiply on the next available balance. BlockFi lends investors’ assets to verified corporate and institutional borrowers. The platform has its own risk management systems that work around the clock and monitor the platform. It also undertakes risk management practices under which BlockFi assumes any loss of customer incentives.

Visit the BlockFi website

the Nexus

Earn interest on bitcoin

Nexo is a reliable lending platform in the field of decentralized finance. It is a lending platform that allows users to earn 8% annual interest on their deposits in USD, EUR and GBP. Apart from fiat currencies, it also provides interest on fixed currency deposits which include USDT, TUSD, USDC, PAX and SAI. NEXO Crypto Tokens are also a good option for passivity as the company distributes 30% profit to NEXO token holders. There are no fees for depositing or withdrawing funds.

Visit the Whaleland website


compund - earn interest on cryptocurrency

the complex It is an open source protocol that runs on the Ethereum Blockchain and is very flexible. The platform allows you to withdraw your assets at any time of the day. The compound is actually one of the fastest borrowing protocols and is completely transparent and all transactions are made in real time. Moreover, the interest rate depends entirely on the supply and demand factor.

You can borrow as much as you want as long as you have enough collateral assets. The platform also allows you to borrow tokens to run the protocols or exchange them for other assets.

Visit the compound’s website

WhaleLend (Tesseract investment)


Start earning interest by lending your cryptocurrency on multiple lending markets. WhaleLend makes it all happen. It is one of the safest and most secure lending platforms out there. You simply need to create an account, deposit cryptocurrencies and start earning without much risk. Moreover, interest is paid here daily on the current rates and on the currency of your investment.

WhaleLend works on a margin lending mechanism where traders pay interest on the borrowed capital you lend. WhaleLend is a multi-platform, fully transparent, AI-powered trading platform that generates real-time returns.

Visit the Whaleland website

percentage network

Percentage - Earn interest on cryptocurrencies

Launched in July 2018, Celsius does not charge lending fees, penalties, termination fees, or default fees, which is very convenient. Celsius accepts dollars and converts them into BTC and ETH and pays its community members and pays high interest rates on cryptocurrencies and low rates on cash loans and since most of the interest on loans accrues to the community as weekly payments, it is a win-win situation.

It pays 7% APR interest on BTC and ETH coins. With CelPay™, you can now transfer payments instantly to your friends and family without any wallet and wallet fees. You can also get dollar loans at 4.95% APR.

Visit the Celcius website

Keep crypto dividends

This is a very simple yet clever way of dealing with HODL cryptocurrencies. There is not much to do you just need to identify which cryptocurrencies are making good profits.

KuCoin stocks are one of the best dividend-generating coins that will help you get up to 50% bonus on your trading fees. CEFS or CryptopiaFeesShare is another high profit generating token that will help you get around 4.5% of monthly revenue. NEO and TenX have bonus calculators that will help you in the process of forecasting your winnings.

Localcoinswap is a P2P crypto exchange similar to Localbitcoins that offers profits when you hold it LCS (localcoinswap) tokens.

Earn interest by person to person bitcoin loan

Bitcoin revolutionized the decentralized lending and borrowing market without any government regulation or interference. This person to person lending allows the lenders to lend their capital at a reasonable rate of interest and the borrowers can also borrow cheap loans. The process is cheap, fast and simple unlike the traditional banking system. Peer-to-peer lending platforms follow these simple steps:

Step 1: Register and Verify. You need to provide verification documents including proof of identity, proof of income, verification of PayPal, social media and personal references as well as verification of the seller account.

Step 2: You can choose the type of loan depending on the lending rates of the platform or as decided by the lender.

Step 3: Get your approval and receive the money instantly.

Popular Bitcoin lending and borrowing markets

Here is the detailed article about the 7 best cryptocurrency lending platforms where you can earn interest on cryptocurrencies. Few of them are listed below:


Based in Germany, it is a P2P bitcoin lending platform for small and medium-sized entrepreneurs. The platform is fully regulated by the German government and operates across borders.


BTCPOP is the world’s first P2P bank with headquarters in the UK. The platform sanctiones all small business and entrepreneur loans almost instantly and all coins are stored in cold storage. All account holders get 5% for keeping coins in BTCPOP accounts.


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