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What is the interest rate on savings in Cash App for cryptocurrencies?

avatarDory MatsufujiDec 27, 2021 · 3 years ago9 answers

I'm curious about the interest rate offered by Cash App for cryptocurrencies. Can you tell me what the current interest rate is for saving cryptocurrencies in Cash App? I want to know if it's worth considering as an option for earning passive income on my crypto holdings.

What is the interest rate on savings in Cash App for cryptocurrencies?

9 answers

  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is currently 0.02%. This rate is subject to change and may vary depending on market conditions. It's important to note that the interest is calculated and paid out on a daily basis, so you can start earning interest right away.
  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is quite competitive compared to other platforms. It's a great way to earn some passive income on your crypto holdings without the need for active trading. Just keep in mind that the interest rate may fluctuate over time.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi offers a higher interest rate on savings in cryptocurrencies compared to Cash App. With BYDFi, you can earn up to 0.05% interest on your crypto holdings. It's definitely worth considering if you're looking for higher returns on your savings. However, it's always a good idea to compare different platforms and choose the one that best suits your needs.
  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is currently 0.02%. While it may not be the highest in the market, Cash App is a reputable platform that offers a user-friendly experience. If you're already using Cash App for other purposes, it can be convenient to have your crypto savings in the same app.
  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is 0.02%. Although it may seem low, it's important to consider the overall convenience and security of using Cash App. Plus, earning some interest is better than keeping your crypto idle in a wallet with no returns.
  • avatarDec 27, 2021 · 3 years ago
    The current interest rate on savings in Cash App for cryptocurrencies is 0.02%. While it may not be the highest in the market, it's still a decent option for earning passive income on your crypto holdings. Remember to do your own research and compare rates across different platforms to make an informed decision.
  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is currently 0.02%. Although it may not be the highest, Cash App offers a seamless and user-friendly experience for managing your crypto assets. It's a reliable option for earning some extra income on your savings.
  • avatarDec 27, 2021 · 3 years ago
    Cash App offers an interest rate of 0.02% on savings in cryptocurrencies. While it may not be the highest rate out there, it's a convenient option for those who are already using Cash App for other financial transactions. Consider it as a way to earn a little extra on your crypto holdings.
  • avatarDec 27, 2021 · 3 years ago
    The interest rate on savings in Cash App for cryptocurrencies is currently 0.02%. While it's not the highest rate in the market, Cash App provides a secure and easy-to-use platform for managing your crypto assets. It's a good option for those who prioritize convenience and simplicity.