FAQ

How does the provider earn the interest?

There are several possible sources for the interest:

Your deposited crypto is lent to margin and short traders. A part of the loan interest the traders pay is then payed to you. If you deposited stable coins, they are in some cases lent to someone who takes a loan. A part of the loan interest the borrowers pay is then payed to you.

In other cases interest providers like new exchanges or projects offer interest to attract new users. Finally the interest is earned by using your crypto for staking.

What is a lock-up period?

The lock-up period is the period in which you are not able to withdraw your deposited crypto. The reason for this is, that the providers lend your deposited crypto for a specific period to margin or short traders or to someone who takes a loan. As long as they are lent, they are locked.

In which currency is the interest payed?

This depends on the provider. Please check the provider details for this information. Most crypto interest providers pay the interest in the same currency as the deposited crypto (e.g. BTC deposited = interest payed in BTC). Some pay the interest in stable coins.

Is the interest rate fixed?

The interest rate is usually only fixed for a specific period. Please check the provider details for this information. We update the rates we display on our website every 15 minutes. So, when you check the rates on our site, these are the current rates of the providers.