How to open an Interest Account

Earning interest on crypto is available to Gold Level users (full requirements here) right inside their Wallets. To get started, navigate to Earn Interest (located in the header in the web wallet and side menu in the mobile app).

 

To open an Interest Account:

  1. Navigate to Earn Interest from the header and click on the “Earn Interest” button. If you are not Gold verified, press “Upgrade Now” to verify your identity.
  2. Select the crypto wallet (e.g. My Bitcoin Wallet or Bitcoin Trading Wallet) you want to use to deposit funds and input the amount you want to transfer. There is a $300 minimum for bitcoin transfers, $100 minimum for ether, USD Digital, and Tether transfers, and a $1 minimum for bitcoin cash and XLM transfers. If you don’t have enough funds, or simply want to transfer more, you can use the Buy Crypto button to quickly and easily purchase additional crypto.
  3. You can use the interest calculator below the amount field to see how much you’ll earn with the current interest rate for different amounts of time, depending on how long you keep your funds in the Interest Account.
  4. Check the boxes below to acknowledge and agree to the terms.
  5. Click “Confirm Transfer” to transfer your funds. Your wallet will automatically initiate a transaction to your new Interest Account. If you are transferring crypto from your Wallet, it will include an appropriate network fee for a quick confirmation. If you are transferring crypto from your Trading Wallet balance, there will be no network fee and no need to wait for network confirmation. You can learn more about the differences between the Wallet and the Trading Wallet here.

To transfer additional funds:

  1. If you already have an Interest Account and want to transfer more, navigate to your Earn Interest page (located in the header) within your Wallet.
  2. Click on “View” for the Interest Account into which you want to make an additional transfer.
  3. Click on the “Transfer” button and input the amount you want to transfer (minimum $300 worth of bitcoin, $100 of ether, USD Digital, or Tether, and $1 of bitcoin cash or XLM at the current market rate).
  4. You can use the interest calculator below to see how much you’ll earn with the current interest rate for different amounts of time, depending on how long you keep your funds in the Interest Account.
  5. Click “Confirm Transfer” to transfer your funds. If you are transferring crypto from your Wallet, it will include an appropriate network fee for a quick confirmation. If you are transferring crypto from your Trading Wallet balance, there will be no network fee and no need to wait for network confirmation. You can learn more about the differences between the Wallet and the Trading Wallet here.
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