In This Post
Advertiser Disclosure: Some of the card links and products that appear on this website are from companies which AskSebby may receive compensation when you click on links to those products. You don't have to use our links, but we're grateful when you do! View our Advertising Policy .The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.
Things to consider
Before you stake any crypto to earn interest, it's important to research how the platform is able to offer high interest rates. A few things to consider:
- Does the account require holding bitcoin or stable coins (i.e., USDC)?
- Do they need you to have platform tokens (company risk)?
- How established is the company, and what's the risk of default?
Rates differ based on how they're earning the interest (lending, staking, etc.).
If you need to withdraw your money, it will take a few days to process before you can transfer it out since it would require unstaking the coins and converting it back to USD.
It's also worth noting that staking coins directly on some protocols may earn a higher APY, but it's also a more complicated process with a learning curve. I wouldn't suggest staking directly unless you understand what you're doing.
Note: this is not financial advice. Always do your own research.
Ask Sebby’s Picks
Advertiser DisclosureAdvertiser Disclosure:
Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
Editorial Note:
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
Editorial Note:
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
No items found.
