March 2021 Crypto Interest Rates

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Lou Bagel

March 11, 2021

Introduction

Obviously this is not my typical blog post but I've been getting into crypto more and more lately. It has been eating up a lot of time I'd normally spend on game dev but if interested I'd love to chat and share.

For quickly compare, in order to help decision making easier, I created a table to compare interest rates on crypto across three platforms: Celsius, Voyager, and BlockFi.

Interest on Crypto?

Yes, not only can you invest in crypto but on certain platforms you can earn interest on top of it.

At first I thought it was like they were staking the coins for you but upon reading further it seems they loan out the coins you hold. Apparently not only these platforms loan out the coins you hold but all platforms do. These just give you part of the profits. For example I read Voyager's plan is to give the customer 80% of the profit. Exchanges that don't give interest still loan out your coins but keep 100% of the profits themselves.

By providing this table I'm not suggesting you buy coins only because these platforms are giving high interest rates on them. Research the coins and the projects behind them so you know what you are investing/buying into, of course. And of course, I'm not a financial advisor!

March 2021 Crypto Interest Rates

Note that I say this is for March 2021 because Voyager changes their rates monthly. They release them 5 days into each month. The others I assume can update their rates as needed but I haven't seen a set schedule or anything from them.

Token Ticker Celsius Voyager* BlockFi Average
Matic Network MATIC 13.99% 13.99%
Synthetix Network Token SNX 13.99% 13.99%
USD Coin USDC 10.51% 9.00% 8.60% 9.37%
Polkadot DOT 8.00% 8.00%
Aave AAVE 7.51% 7.51%
Uma UMA 7.01% 7.01%
Bitcoin BTC 6.20% 6.25% 6.00% 6.15%
Litecoin LTC 4.08% 6.50% 6.50% 5.69%
Tether Gold XAUT 5.50% 5.50%
PAX Gold PAXG 5.50% 5.00% 5.25%
Cardano ADA 5.25% 5.25%
Ethereum ETH 5.05% 5.25% 5.25% 5.18%
Chainlink LINK 4.51% 5.50% 5.50% 5.17%
Celsius CEL 4.86% 4.86%
Compound COMP 4.60% 4.60%
Dash DASH 5.50% 3.00% 4.25%
Bitcoin Cash BCH 4.51% 2.00% 3.26%
EOS EOS 4.45% 2.00% 3.23%
Ethereum Classic ETC 3.00% 3.00%
Voyager Token VGX 3.00% 3.00%
Cosmos ATOM 3.00% 3.00%
Ox ZRX 3.51% 2.00% 2.76%
Bitcoin SV BSV 2.02% 3.00% 2.51%
XRP XRP 2.50% 2.50%
Basic Attention Token BAT 3.51% 1.00% 2.26%
Uniswap UNI 2.50% 2.00% 2.25%
Stellar XLM 3.10% 1.00% 2.05%
Decentraland MANA 2.02% 2.00% 2.01%
Dogecoin DOGE 2.00% 2.00%
Tezos XTZ 2.00% 2.00%
Kyber Network KNC 2.53% 1.00% 1.77%
Zcash ZEC 2.02% 1.00% 1.51%
OMG Network OMG 2.02% 1.00% 1.51%
Orchid OXT 1.50% 1.50%

*Voyager has minimum amounts needed to earn. See amount needed to hold in link below

Note: Average column added only for sorting purposes.

Note: I left some stable coins from Celsius off the table for brevity. They have 12 coins that earn 10.51%, a lot that I haven't heard of, and assume they are all stable coins. Check the source link below to see those.

Hope that is helpful!

Of course there are other platforms that give interest on crypto. Give me a shoutout if you recommend other platforms over these!

Sources:

Referral Links

If you are looking to sign up for one of these platforms feel free to use the referral links below. Not only will I get a reward but you get one too! Plus, don't you enjoy a website/blog that is ad free?

Note: Celsius and Voyager are currently mobile-only platforms

Top of Table Screenshot

If you are looking to save, screenshot, or share here is the top of the table in an image for you:

march-2021-crypto-interest-rates-table
March 2021 Crypto Interest Rates Top of Table Screenshot

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