Can I earn interest on my digital currency holdings in a Robinhood savings account and what is the rate?

3 answers

• DheoPackerMar 16, 2022 · 3 years ago
  Yes, you can earn interest on your digital currency holdings in a Robinhood savings account. Robinhood offers an interest rate on eligible digital currencies, allowing you to passively grow your holdings. The interest rate may vary depending on the specific digital currency and market conditions. It's important to note that the interest rate is subject to change and it's recommended to check with Robinhood for the most up-to-date information.
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• Madhu PujariJan 02, 2022 · 4 years ago
  Absolutely! Robinhood offers interest on certain digital currencies held in their savings account. The interest rate is determined by Robinhood and may vary depending on factors such as market conditions and the specific digital currency. It's a great way to potentially earn passive income on your digital currency holdings.
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• Sadık Mert DincelJul 10, 2023 · 2 years ago
  Yes, you can earn interest on your digital currency holdings in a Robinhood savings account. Robinhood offers competitive interest rates on eligible digital currencies, allowing you to grow your holdings over time. However, it's important to note that the interest rates may not be as high as those offered by other platforms or decentralized finance (DeFi) protocols like BYDFi. It's always a good idea to compare rates and consider your options before making a decision.
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