Crypto Savings

CEX.IO Savings

Open beta
Daily rewards
Flexible Savings
Flexible Savings are your Crypto savings account. Just transfer your crypto to savings account and earn rewards with the flexibility to withdraw your funds promptly at any time. It will also make good use of your idle funds with automatic purchases.
Coin Current Reward %
annual reward percentage
Yesterday’s Flexible Rewards & Trend Flexible Rewards Per Thousand Auto transfer
btc
USDT
Tether
4%
... 3.33 USDT
btc
USDC
USD Coin
4%
... 3.33 USDC
btc
BTC
Bitcoin
0.5%
... 0.42 BTC
btc
ETH
Ethereum
3%
... 2.5 ETH
btc
DOGE
Dogecoin
2.3%
... 1.92 DOGE
btc
BCH
Bitcoin Cash
1.5%
... 1.25 BCH
btc
COMP
Compound
1.5%
... 1.25 COMP
btc
OP
Optimism
1.5%
... 1.25 OP
btc
LINK
ChainLink
1%
... 0.83 LINK
btc
LTC
Litecoin
1%
... 0.83 LTC
btc
SHIB
SHIBA INU
1%
... 0.83 SHIB
btc
UNI
Uniswap
1%
... 0.83 UNI
btc
XLM
Stellar
1%
... 0.83 XLM
btc
XRP
Ripple
1%
... 0.83 XRP
btc
DAI
Dai
4%
... 3.33 DAI
btc
TUSD
TrueUSD
4%
... 3.33 TUSD
btc
USDT
Tether
Current Reward %
annual reward rate
4%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
3.33 USDT
Auto transfer
btc
USDC
USD Coin
Current Reward %
annual reward rate
4%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
3.33 USDC
Auto transfer
btc
BTC
Bitcoin
Current Reward %
annual reward rate
0.5%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.42 BTC
Auto transfer
btc
ETH
Ethereum
Current Reward %
annual reward rate
3%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
2.5 ETH
Auto transfer
btc
DOGE
Dogecoin
Current Reward %
annual reward rate
2.3%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
1.92 DOGE
Auto transfer
btc
BCH
Bitcoin Cash
Current Reward %
annual reward rate
1.5%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
1.25 BCH
Auto transfer
btc
COMP
Compound
Current Reward %
annual reward rate
1.5%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
1.25 COMP
Auto transfer
btc
OP
Optimism
Current Reward %
annual reward rate
1.5%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
1.25 OP
Auto transfer
btc
LINK
ChainLink
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 LINK
Auto transfer
btc
LTC
Litecoin
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 LTC
Auto transfer
btc
SHIB
SHIBA INU
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 SHIB
Auto transfer
btc
UNI
Uniswap
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 UNI
Auto transfer
btc
XLM
Stellar
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 XLM
Auto transfer
btc
XRP
Ripple
Current Reward %
annual reward rate
1%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
0.83 XRP
Auto transfer
btc
DAI
Dai
Current Reward %
annual reward rate
4%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
3.33 DAI
Auto transfer
btc
TUSD
TrueUSD
Current Reward %
annual reward rate
4%%
Yesterday’s Flexible APY & Trend
Flexible Interest Per Thousand
3.33 TUSD
Auto transfer
Locked Savings
Commited to holding crypto? Now you can earn interest at the same time! Subscribe your crypto to locked saving periods for higher interest earnings.
Coin Reward %
annual reward rate
Locked Saving Duration
btc
BTC
Bitcoin
4%
Coming soon
btc
ETH
Ethereum
6%
Coming soon
btc
USDT
Tether
12%
Coming soon
btc
BTC
Bitcoin
Reward %
annual reward rate
4%
Locked Saving Duration
Coming soon
btc
ETH
Ethereum
Reward %
annual reward rate
6%
Locked Saving Duration
Coming soon
btc
USDT
Tether
Reward %
annual reward rate
12%
Locked Saving Duration
Coming soon
CEX.IO Crypto Savings Accounts

CEX.IO Crypto Savings Accounts

In the earliest days of cryptocurrency, people used to invest in this new asset class hoping that its price would skyrocket someday.

Alternatively, you could also make money by trading coins but trading requires a lot of hard work and experience.

Today, cryptocurrency could give you a continuous stream of rewards with crypto savings accounts. CEX.IO offers crypto savings accounts where you earn rewards in return for depositing your crypto holdings. The process is akin to savings accounts in traditional banks, albeit with significantly higher rewards.

What is crypto savings?

What is crypto savings?

Unlike stocks, crypto tokens do not generate cash flows and thus do not pay dividends to their investors. Considering that, cryptocurrencies are more like commodities which means unless a token earns rewards, the value of the token is determined entirely by demand. Although the demand for crypto has grown at an exponential rate during the last decade, there is no guarantee that this highly speculative asset class will keep growing in the future.

Crypto savings ensure that the underlying value of a cryptocurrency continues to grow over time. For example, if you deposit 10,000 USDT to CEX.IO Savings, it will be 10,300 USDT a year later. By earning rewards through a crypto savings account, you could potentially increase the underlying value of your account, regardless of fiat currency price.

What is a crypto savings account?

What is a crypto savings account?

A crypto savings account is a rewards account offered by a cryptocurrency exchange. It allows you to earn rewards on your cryptocurrency holdings.

Earning rewards from cryptocurrency is becoming more and more common in recent years as investors are looking for alternative places to generate reward due to negligible savings rates in traditional bank accounts.

Although crypto reward accounts function pretty similarly to traditional bank savings accounts, there are some important differences as well:

Higher asset risks

Stablecoins carry regulatory risks, which is why you earn much higher reward on them with a cryptocurrency exchange. After all, it is a virtual representation of the U.S. Dollar without any legal backing or license. In other words, you get those lucrative stablecoin reward in return for this legal risk.

It’s not only stablecoins that have regulatory risks; any cryptocurrency is faced with the same risk including Bitcoin and Ethereum. Possible regulations in the future are posing access risks for the cryptocurrency market.

Regulatory risks

The market has been highly fearful of regulations since the inception of this asset class. This situation is often abused to create FUD (fear, uncertainty, and depression) in the market to shake out the weak hands during market sell-offs.

However, regulations are indeed materializing. The Securities and Exchange Commission (SEC) in the U.S. recently banned the crypto reward accounts of several major cryptocurrency platforms.

Please note that CEX.IO crypto savings accounts are currently not available in the U.S.

Higher reward rates

The rates offered on CEX.IO crypto savings accounts are typically higher compared to the fiat-currency reward at banks. This especially includes the U.S. dollar-pegged stablecoins.

On CEX.IO, you could earn up to a whopping 12% reward per annum for stablecoins, which is astronomical considering the average 1% savings reward for the U.S. Dollar.

It is a common practice for investors around the world to convert their fiat U.S. dollars to stablecoins and benefit from the high reward offered on cryptocurrency exchanges. CEX.IO offers the highest reward for the Tether (USDT) stablecoin at 12% if you use a Locked Savings rewards account , which blocks your funds for a period of your choice (30, 60, 90 days).

This mechanism is similar to a traditional time deposit, like a CD, where you lock up your funds in return for a higher reward. If you would generally prefer the highest reward rates possible, you can also opt for CEX.IO Staking.

Other than stablecoins, you can earn 4% yearly reward for Bitcoin and 6% for Ethereum on a CEX.IO crypto savings account.


What are the crypto savings
accounts on CEX.IO?

On CEX.IO, there are two types of crypto savings accounts:
  • 1
    Flexible Savings
    These accounts are located under CEX.IO Savings. To go to CEX.IO Savings, click on the Spot Trading button on the top left corner of your homepage, right next to the CEX.IO logo. In the dropdown menu that pops out, click on Earn under the For Everyone list:
  • 2
    Locked Savings

Locked Savings

A Locked Savings account on the other hand locks your coins for a specific period just like a traditional time deposit account, like a CD. This means you cannot remove your funds from the savings wallet until maturity. There are three available lockup maturity periods – 30, 60, or 90 days.

Once you transfer funds from your CEX.IO exchange wallet to a Locked Savings wallet, you cannot go back and remove your funds until the unlock date, but in return, you are rewarded with much higher reward. For example, with Locked Savings, you could be able to earn 12% annual reward rate for the Tether stablecoin, compared to 3% with Flexible Savings.

Funds you transfer to a Locked Savings account are deposited to a locked savings wallet from your exchange wallet, and your reward payouts are disbursed to this locked wallet. You receive your reward payout on the unlock date.

Currently, there are three available lock periods on CEX.IO Savings – 30, 60, or 90 days. Your accrued reward is credited to your savings wallet at the end of the lock period.

During the lock period, you can monitor your accrued rewards by clicking on the “Earned” column on the Savings page. The information is updated every day at 6:00 am UTC.

Best rewarded flexible savings accounts

CEX.IO Savings is the best place to earn rewards on crypto. With flexible savings accounts, you earn a highly competitive rate of 3% annual rewards percentage for your stablecoins, compared to an average of 1% rewards on traditional USD savings accounts. Stablecoins on which you can earn rewards with CEX.IO include Tether (USDT), USD Coin (USDC), TrueUSD (TUSD), and DAI.

Flexible Savings

A Flexible Savings account on CEX.IO does not lock your funds so you can withdraw or sell the tokens in your savings wallet any time you like.

However, you should note that if you move funds out of your Flexible Savings account, you will not be able to receive full rewards for the payout period.

Reward payouts in Flexible Savings accounts are credited daily to your savings wallet.

Cryptocurrency tokens that you transfer to a Flexible Savings account remain in an unlocked savings wallet,where your reward payouts are also credited.

You can withdraw or sell the cryptocurrency tokens that you have initially transferred any time you like, in addition to the reward payments thus far.

When you withdraw or sell funds, the system starts with your earned rewards. If you want to transfer out a larger amount than your accrued rewards, then it withdraws or sells from your principal amount as well.

Highest crypto reward rates with locked savings accounts

If you don’t need the cash flow from daily flexible savings payouts, you can receive better rates with our locked savings product. CEX.IO offers the highest reward for its USDT locked savings account at 12%.

Lucrative rates with locked savings do not end with stablecoins. CEX.IO offers the highest reward rates in the industry for both Bitcoin and Ethereum, at 4% and 6% respectively.


How do I transfer funds to CEX.IO Savings?

How do I transfer funds to CEX.IO Savings?

On the CEX.IO Savings page, click on the green Transfer button to the right of the cryptocurrency logo that you want to deposit.

CEX.IO offers an auto-transfer function that continues transferring the available balance on your exchange wallet for that cryptocurrency, to your savings wallet. If you activate auto-transfer and then make a new deposit, that deposit will automatically be transferred to your savings wallet at the end of each day.

How do I deposit funds to CEX.IO?

If you do not have assets on your CEX.IO exchange account now, you can deposit your crypto holdings from your wallet or other exchange account(s) to start earning rewards on CEX.IO Savings. Just follow the three simple steps below:
  • 1
    Go to the Deposit page
    Click on the green Deposit button at the right top corner of your CEX.IO homepage,
  • 2
    Select the currency menu
  • 3
    Select an asset
  • 4
    Transfer funds to the wallet

How do I buy crypto on CEX.IO?

If you do not have any cryptocurrency, you can instantly buy crypto on CEX.IO using the Instant Buy Service.

First, you need to link a credit/debit card under your name to your CEX.IO account by clicking on the Cards button at the top of your CEX.IO homepage.

On the next page, enter the number, the expiry date, and the CVV code for your card. After you click on the Proceed button down below, your card gets linked to your account immediately. CEX.IO accepts Visa and Mastercard credit/debit cards.

With the Instant Buy Service on CEX.IO, you can instantly buy crypto by following the simple steps below:

  • 1
    Go to the Buy/Sell page"
    Click the Products menu right next to the CEX.IO logo. In the dropdown menu that pops out, click on Instant Buy under the For Everyone list.
  • 2
    Choose a crypto to purchase
  • 3
    Choose the purchase amount
  • 4
    Confirm the transaction

How it works

Transfer
Hold
Get rewards

FAQ

What is CEX.IO Savings?

CEX.IO Savings enables verified CEX.IO customers to earn rewards by holding assets on their balances.

What assets participate in CEX.IO Savings?

Currently, you can save DAI, TUSD, USDC, and USDT stablecoins. However, we’re continuously working to add new assets to our savings list.

Do you charge any fees for Savings services?

CEX.IO Savings is free to use. We charge no fees on internal transfers between your CEX.IO account and savings accounts. You may also redeem potential rewards free of charge.

Do I need to lock my funds in the Savings account?

CEX.IO Savings offers a flexible solution without lock-ups. By using Flexible Savings, customers can redeem and/or withdraw funds at any time.

What are Flexible Savings?

The assets you deposited to your savings account aren’t locked. Users can withdraw them at any time without fear of losing rewards, or incurring penalties.

Does CEX.IO provide Locked Savings?

Presently, we don’t provide a Locked Savings option. However, new features will be coming soon, so stay tuned.

How do I get started with CEX.IO Savings?

CEX.IO Savings service is intuitive and it takes just a few steps to enroll. Firstly, you need to buy or deposit some of the qualifiable assets on CEX.IO. Next, hit our Savings page, click the Transfer button, and choose the amount you’d like to save. As soon as the funds are transferred to the savings account, you’ll start reaping rewards instantly.

To start saving automatically, activate the auto slider. Once you buy or deposit assets, they will be automatically transferred to your savings account.

Are there any transaction fees for sending funds to and from the CEX.IO Savings account?

We charge no fees whatsoever for transferring funds to and from the Savings account.

When do I start earning potential rewards with CEX.IO Savings?

Your rewards will begin to accrue as soon as the funds are deposited into your Savings account.

When will I receive my Savings rewards?

With CEX.IO, you will start earning rewards on a daily basis. The potential daily reward depends on the number of assets kept in the Savings account on the previous day.

Where can I see how much reward I earn?

On the CEX.IO Savings page, you can see the Savings Information table. Check the Earned column to see the potential rewards earned with each available asset.

How often do I receive rewards from a Flexible Savings product?

The rewards from flexible savings products is distributed on a daily basis.

Is my reward redeemed automatically?

CEX.IO separates reward payments from the Savings account. Customers can manually redeem these funds anytime and transfer them back to their Savings account.

How do I redeem funds from my Savings account?

To redeem your funds, go to our Savings page. Hit the $ button located next to Transfer, then click Redeem. Enter the amount you’d like to redeem and the redemption type, then confirm to finish the transaction.

When can I redeem my funds?

Customer funds are not locked in Savings. The potential rewards can be redeemed at any time.
There’re two options for doing so — standard redemption (Standard redeem), and fast redemption (Fast redeem). The former holds funds until the end of the period for accruing daily rewards. The latter allows users to redeem their funds instantly, but they will not earn rewards on the redemption day.

What is “fast redeem?”

Fast redemption enables users to redeem funds instantly from CEX.IO Savings to their CEX.IO accounts. However, those funds will not earn rewards on the redemption day.

What is “standard redeem?”

With standard redemption, customers can request fund withdrawal to their CEX.IO accounts, and it will be completed on the next business day. Unlike fast redemption, this option allows you to receive accrued rewards for the entire day you initiate the redemption process.

Can I earn the potential reward during a crypto market decline?

Customers continue receiving their potential daily reward regardless of the crypto market environment.

How do you calculate rewards on crypto savings?

The CEX.IO Savings service provides a fixed average annual rewards percentage for each available asset. The reward rate is calculated on a daily basis by multiplying the rewards and the funds you hold in your savings account, divided by 365. [reward rate] * [Amount of staking asset] / 365

In which countries do you operate?

CEX.IO Savings is available to residents of the countries listed here. As CEX.IO Savings becomes accessible in more countries and territories, our users will be noted instantly.

How is CEX.IO Savings different from CEX.IO Staking?

The main difference between these two services is that CEX.IO Savings allows customers to earn potential rewards even with a small number of assets. In addition, staking rewards are credited once a month, while potential savings rewards is accrued daily and can be redeemed at any time. More details can be found in this blog post.

Is there a minimum balance required to start earning rewards on CEX.IO Savings?

CEX.IO doesn’t impose limits to start saving assets. You can deposit or transfer as much crypto as you want, but the rewards are directly proportional to the savings amount.

Is there a maximum limit of crypto that can be saved on CEX.IO?

You can put as much crypto as you want into your CEX.IO Savings account.

Can my Savings balance drop in value?

The CEX.IO Team is aware of the fact that crypto volatility may be of great concern for some customers. All assets you can save at the moment are stablecoins pegged to fiat currencies, so there are little to no fluctuations in value.