Why Crypto Savings Accounts Are Gaining In Popularity

Why Crypto Savings Accounts Are Gaining In Popularity

Crypto savings accounts are the new black and it’s something to consider if you’re looking for options to grow your wealth. Unlike traditional savings accounts that offer a national average APY of 0.06%, crypto savings accounts advertise rates as high as 14.5% APY. So, what’s the difference and are they a safe option?

Why Crypto Savings Accounts Are Gaining In Popularitysergeitokmakov / Pixabay – Valuewalk

Q3 2021 hedge fund letters, conferences and more

Even Finder has gotten into the game with its Finder Earn product in Australia. It launched in Australia earlier this year and will be live in the US soon – watch this space!

The Benefits

Obviously, the most important benefit for any savings account is your return and, as stated above, traditional savings accounts have no shot at competing with crypto savings accounts in terms of APY.

If you were to drop $2,500 into a traditional savings account…

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