Introducing the Interest Account
Last week we announced the Interest Account: a way for customers to deposit bitcoin and watch it earn interest. Today we’re excited to begin rolling out the feature for our customers around the world.
We know that many of our customers are long-term holders of crypto. HODLers, if you will. So we thought we’d make it easy to put those crypto holdings to work. Simply visit your Blockchain.com Wallet, select the Earn Interest, and open an Interest Account today to immediately begin earning 4.5% annually.
Banks around the world are not only cutting the interest they pay on savings accounts to near-zero, some have even introduced negative interest rates. Compare that to 4.5% and it’s easy to see why it pays to hold crypto in an Interest Account.
We designed the feature to be:
- Simple — Once you’re verified, it only takes 5 clicks to deposit your BTC directly from the wallet.
- High-yield — Earn up to 4.5% annually with no max cap on deposit. The 4.5% rate applies no matter whether you are depositing 0.1 BTC or 100 BTC.
- Secure — As one of the oldest and most trusted names in crypto, you know your bitcoin is safe with Blockchain.com
The interest accrues daily, is paid monthly, and represents an annualised rate. It’s only available to users who have verified their identity with us, and who live outside Canada, Japan, and the United States. The current minimum deposit is $300 worth of bitcoin.
What are you waiting for? Log in to the wallet and deposit bitcoin to an Interest Account today.
Silvia Chen is a product manager for Blockchain.com.