6 Best Crypto Savings Accounts That Still Exist (and What They Pay)

Let’s get this out of the way first: there’s no such thing as a crypto savings account, at least not in the way your bank means it.

What gets called a “crypto savings account” is a yield or rewards program run by a crypto company. It isn’t a bank account, and your money isn’t FDIC insured or SIPC protected.

The rate you sign up for can be cut. The program can end. And if the company gets in trouble, it can freeze your withdrawals.

That’s not a hypothetical. BlockFi, Celsius and Voyager all sat at the top of lists like this one, and all three went bankrupt in 2022 with customer money stuck inside.

So is anything left? Yes, but the list is short and the rates are a lot lower than the 8% to 17% those companies used to advertise. Below are the six programs we could confirm are open to U.S. customers, what each one pays, and the catch with each.

Crypto yield programs open in the U.S. right now

Every figure in that table is from the company’s own site on October 12, 2026. All of these rates move, so check the app before you put your money in.

Notice the last column. It says “No” in every row, and that’s the whole trade.

What happened to BlockFi, Celsius, Voyager and Gemini Earn

If you searched for one of these names, here’s where each one stands.

BlockFi

The SEC charged BlockFi in February 2022 for selling its interest accounts without registering them. BlockFi agreed to pay $100 million in penalties ($50 million to the SEC and $50 million to 32 states) and to stop selling the accounts in the U.S.

It filed for Chapter 11 bankruptcy on November 28, 2022, in New Jersey (Case No. 22-19361). The plan took effect on October 24, 2023. The window to request a withdrawal from the estate closed on April 28, 2024, and BlockFi’s site set a May 27, 2025 deadline to verify your identity for any remaining distribution.

BlockFi is in wind-down and isn’t taking new customers. Be careful with any email that uses its name, because phishing scams target its old customers.

Celsius

Celsius filed for Chapter 11 on July 13, 2022, in the Southern District of New York (Case No. 22-10964). A year later the FTC said Celsius had falsely promised customers they could withdraw their deposits at any time. The company agreed to a $4.7 billion judgment, which was suspended, and it’s permanently banned from handling customer assets.

The bankruptcy plan took effect on January 31, 2024, and distributions to creditors have been going out since. A second distribution is on the way, paid only in bitcoin or cash.

Voyager

Voyager filed for bankruptcy on July 5, 2022, owing its U.S. customers more than $1.7 billion. That number comes from the CFTC, which charged Voyager’s former CEO with fraud in October 2023.

Here’s the part that matters for this page. Voyager’s marketing said “YOUR USD IS FDIC INSURED.” The FDIC and the Federal Reserve told it to stop on July 28, 2022, because Voyager was not FDIC insured and the FDIC doesn’t cover you when a crypto company fails. The FTC later settled with Voyager for a suspended $1.65 billion judgment and a permanent ban.

Gemini Earn

Gemini Earn lent customer crypto to a company called Genesis. Genesis froze withdrawals in November 2022. The SEC charged both companies in January 2023 and said about 340,000 Earn customers and roughly $900 million were caught in it.

This one ended better than the others. Final Earn distributions went out in June 2024, and Gemini says Earn users got back 100% of the assets they were owed, in kind.

But you’d have waited about a year and a half for it, and the program is over. Gemini’s current product is staking, which is covered below.

Bottom line: three of the biggest names failed, and the fourth locked people out for over a year. Keep that in mind when you look at any rate on this page.

The 6 programs that still exist

These come in two flavors. Rewards and lending programs pay you for holding or handing over your coins. Staking pays you a cut of what a blockchain pays the people who help run it. Neither one is a savings account.

1. Coinbase USDC Rewards

This is the closest thing to a savings account on the list, because USDC is a stablecoin designed to hold at $1. Coinbase pays 3.75% on USDC, and you earn on any balance from $1 up with no cap.

There’s a catch, though. In the U.S. you have to be a Coinbase One member to earn it, and plans start at $4.99 a month. That’s about $60 a year, so at 3.75% you need roughly $1,600 in USDC just to cover the membership. Under that, you’re paying to earn.

There’s no lockup. Rewards build daily and usually land in your account on Fridays. Coinbase doesn’t lend or use your USDC without your instruction. The rewards are a loyalty program it funds itself.

Coinbase can change or end the program at any time.

And your USDC balance isn’t insured by the FDIC or SIPC.

2. Kraken staking

Kraken has the most detail out in the open of anyone here. It lists a rate for every coin and tells you exactly how long you’d wait to get your money out.

Bonded staking pays more and locks you in. ETH is listed at 2.76% with a 6 day wait to unstake, and SOL at 5.36% with a 3 day wait. Flexible staking lets you out any time, but SOL drops to 2.65%, because you only earn on up to half of what you put in.

Those rates are before Kraken’s cut. It keeps 25% of your rewards on bonded staking (for balances under $1 million) and 30% on flexible. So what do you really get on bonded ETH? About 2.07%.

One more thing. Kraken also runs dollar and stablecoin rewards of 4% and up, but U.S. customers can’t use that program unless they’re accredited investors. If you saw a 4.25% number on Kraken’s site, that’s probably not for you.

Rewards features are only available in select U.S. states, so what you see in your account may differ.

You keep ownership of your staked coins, and Kraken covers slashing penalties in most cases.

It isn’t a bank, though, and your staked assets aren’t covered by the FDIC or SIPC.

3. Gemini Staking

This is what Gemini offers now that Earn is gone, and it works differently. Your coins aren’t lent to another company. They’re staked on the blockchain.

You can earn up to 2% on ETH, up to 4% on SOL and up to 7% on MON. There’s no minimum.

Gemini keeps up to 35% of the rewards, which is the biggest cut on this list. Getting out isn’t quick either. Unstaking ETH takes anywhere from 6 to 60 days, and SOL usually takes 3 to 4 days. You can’t sell or move the coins while you wait, and the price can drop the whole time.

Staking is only offered in certain U.S. states. Gemini doesn’t list them on its staking page, so you’ll find out when you sign in.

4. Robinhood crypto staking

If you already use Robinhood, you can stake ETH, SOL and ADA there starting at $1.

Robinhood doesn’t publish a rate on its website. You’ll see an estimated one in the app, and it changes. What it does publish is the cost: 25% of your staking rewards come off the top before they hit your account.

Staking usually finishes in about a day. When the network is busy, though, staking or unstaking can take several weeks, and you can’t sell your crypto during that time.

You can’t stake if you live in California, Maryland, New Jersey or Wisconsin.

And crypto at Robinhood is not FDIC insured or SIPC protected.

5. Crypto.com Earn

Crypto.com Earn is still running and covers more than 21 coins and stablecoins. The rates are nothing like the 14% this page used to quote.

On the U.S. page, Bitcoin and Ethereum top out at 1%. DAI goes up to 5%. Those are “up to” numbers, and what you get depends on your state, the term you pick and your membership tier. The USDC and USDT rates didn’t load on the public page, so look in the app for those.

You can pick a flexible term or lock in for 1 month or 3 months. Pull out of a fixed term early and you get your deposit back minus the rewards already paid. There are minimums per coin (250 USDC, for example).

Rewards are paid every 7 days at a simple rate. They don’t compound.

These are not bank deposits, and your balance is not covered by the FDIC or SIPC.

6. Nexo Flexible Yield

Nexo has the highest numbers on this list, and that’s exactly why it’s last.

In the U.S. the product is called Flexible Yield, and Nexo offers it in partnership with Bakkt. It advertises up to 14% across 20 assets, with Bitcoin up to 6%, Ethereum up to 7%, and USDC and USDT up to 10.5%. Interest is paid daily and there’s no lockup on the flexible version.

Now the catches. You need more than $5,000 in your Nexo account to earn anything. The top rates only go to people in Nexo’s highest loyalty tier, and an extra 2% comes from opting in to Nexo’s own token. Most people won’t see the headline number.

Nexo has history here too. In January 2023 it agreed to pay $45 million to the SEC and state regulators over its earlier Earn Interest Product and stopped selling it to U.S. investors.

Nexo’s own disclosure says your principal “may be lost in part or in full.” Take that seriously.

Crypto yield vs. a real high-yield savings account

So how does this stack up against a plain old savings account?

With a savings account at an FDIC member bank, your money is insured to at least $250,000 if the bank fails. You can pull it out whenever you want, and your balance doesn’t swing with the market.

None of that is true for anything on this page.

The FDIC doesn’t insure crypto assets, and it doesn’t protect you when a crypto exchange, custodian or wallet company goes under.

The national average savings rate is only 0.37% as of September 2026, which is why people go looking for something better. But you don’t need crypto for that. Plenty of online banks pay well above the average and are still FDIC insured. Start with our list of the best national banks for savings and checking.

And look at what the coin itself can do. A 5% staking reward on SOL doesn’t help much if SOL falls 30% while you’re waiting to unstake. Only the stablecoin programs avoid that, and those are the ones with a membership charge, a $5,000 minimum or a U.S. restriction.

Bottom line: if this is your emergency fund or money you’ll need in the next few years, keep it in a bank. If you already own crypto and plan to hold it anyway, a little yield on top can make sense.

How we picked

We started with the seven companies this page used to list and checked each one. Three are bankrupt and one program has ended, so those came off. Then we looked at the big U.S. exchanges and kept a program only if we could read its terms on the company’s own site on October 12, 2026.

The order isn’t a ranking by rate. It runs from the simplest product with the fewest strings to the one with the most. We didn’t test these with our own money, and there are no star ratings here.

Want to buy crypto first? See our guide to the best cryptocurrency exchanges. Looking for a bank that plays nice with crypto? We keep a list of crypto friendly banks too.

Crypto savings account FAQ

Are crypto savings accounts FDIC insured?

No. The FDIC only insures deposits at insured banks, and only if the bank fails. It doesn’t insure crypto, and it doesn’t cover the failure of a crypto company. You’ll find the same thing in the terms of every program on this page.

Is crypto interest taxed?

Yes. The IRS treats digital assets as property and says income from them is taxable. Staking and other rewards are income, and you report them on Schedule 1 of Form 1040. Your return also asks a yes or no question about digital assets, and getting a reward means you answer yes.

If you later sell or trade the coins, that’s a separate event reported on Form 8949.

What happened to my BlockFi or Celsius account?

Both went through bankruptcy, and any money coming back to you comes through the court process and not through the old app. For BlockFi, go to the Kroll case site. For Celsius, go to the Stretto case site. Voyager creditors can check their claim on the plan administrator’s site.

Watch out for phishing. The Celsius claims site warns that nobody from the case will email you asking for account information. If you get a message like that, it’s a scam.

Can I lose money in a crypto yield program?

Yes, in a few ways. The coin can fall in price. The company can freeze withdrawals or fail. With staking, the network can penalize the validator holding your coins. And the rate you signed up for can be cut at any time.

Sources (27)

We use primary sources: regulators, court claims agents and each company’s own pages.

1. FDIC. Fact Sheet: What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies (July 28, 2022). fdic.gov. Accessed October 12, 2026.
2. FDIC. Deposit Insurance. fdic.gov. Accessed October 12, 2026.
3. FDIC. National Rates and Rate Caps (as of September 21, 2026). fdic.gov. Accessed October 12, 2026.
4. SEC. BlockFi Agrees to Pay $100 Million in Penalties (February 14, 2022). sec.gov. Accessed October 12, 2026.
5. Kroll Restructuring Administration. BlockFi Inc., Case No. 22-19361. restructuring.ra.kroll.com. Accessed October 12, 2026.
6. BlockFi. Home page and updates. blockfi.com. Accessed October 12, 2026.
7. Stretto. Celsius Network LLC, Case No. 22-10964. cases.stretto.com. Accessed October 12, 2026.
8. FTC. FTC Reaches Settlement with Crypto Platform Celsius Network (July 13, 2023). ftc.gov. Accessed October 12, 2026.
9. FDIC. FDIC and Federal Reserve Board issue letter demanding Voyager Digital cease and desist (July 28, 2022). fdic.gov. Accessed October 12, 2026.
10. CFTC. CFTC Charges Former CEO of Voyager Digital (October 12, 2023). cftc.gov. Accessed October 12, 2026.
11. FTC. FTC Reaches Settlement with Crypto Company Voyager Digital (October 12, 2023). ftc.gov. Accessed October 12, 2026.
12. Voyager Plan Administrator. For Creditors of the Voyager Wind-Down Debtor. investvoyager.com. Accessed October 12, 2026.
13. SEC. SEC Charges Genesis and Gemini (January 12, 2023). sec.gov. Accessed October 12, 2026.
14. Gemini. Earn updates. gemini.com. Accessed October 12, 2026.
15. SEC. Nexo Agrees to Pay $45 Million in Penalties (January 19, 2023). sec.gov. Accessed October 12, 2026.
16. Coinbase. Earn rewards by holding USDC. coinbase.com. Accessed October 12, 2026.
17. Coinbase. USDC Rewards Overview. help.coinbase.com. Accessed October 12, 2026.
18. Kraken. Overview of Staking on Kraken (updated August 19, 2026). support.kraken.com. Accessed October 12, 2026.
19. Kraken. Where is Kraken licensed or regulated? (updated September 30, 2026). support.kraken.com. Accessed October 12, 2026.
20. Kraken. Overview of Opt-In Rewards on Kraken (updated October 8, 2026). support.kraken.com. Accessed October 12, 2026.
21. Gemini. Staking. gemini.com. Accessed October 12, 2026.
22. Robinhood. Crypto staking. robinhood.com. Accessed October 12, 2026.
23. Robinhood. Support: Crypto staking. robinhood.com. Accessed October 12, 2026.
24. Crypto.com. Crypto Earn (US). crypto.com. Accessed October 12, 2026.
25. Crypto.com. Help Center: Crypto Earn. help.crypto.com. Accessed October 12, 2026.
26. Nexo. Flexible Yield (US). nexo.com. Accessed October 12, 2026.
27. IRS. Digital assets (reviewed September 2, 2026). irs.gov. Accessed October 12, 2026.