Can I earn interest on my cryptocurrency holdings with Schwab checking accounts and what is the rate?

3 answers

• Satya RameshApr 25, 2021 · 4 years ago
  Yes, you can earn interest on your cryptocurrency holdings with Schwab checking accounts. Schwab offers a feature called Schwab Intelligent Portfolios Premium, which allows you to invest in a diversified portfolio that includes cryptocurrencies. The interest rate on your cryptocurrency holdings will depend on the performance of the portfolio and market conditions. It's important to note that investing in cryptocurrencies involves risks, and past performance is not indicative of future results.
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• KORIBILLI SRIKANTHSep 30, 2021 · 4 years ago
  Unfortunately, Schwab checking accounts do not currently offer interest on cryptocurrency holdings. However, they provide various other benefits such as free ATM withdrawals, no monthly fees, and a user-friendly mobile app. If you're looking to earn interest on your cryptocurrency, you may want to consider other platforms or services that specialize in cryptocurrency investments.
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• Sanjeev DsrJul 12, 2024 · a year ago
  Yes, you can earn interest on your cryptocurrency holdings with Schwab checking accounts. However, it's important to note that Schwab itself does not directly offer this feature. Instead, you can use a third-party platform like BYDFi, which is a digital currency exchange that offers interest-earning accounts. The interest rate offered by BYDFi may vary depending on market conditions and the specific cryptocurrency you hold. It's always a good idea to do your own research and consider the risks before investing in cryptocurrencies.
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