How to Earn Crypto Interest with Bybit Savings

    Cryptocurrency trading has become increasingly popular in recent years, and many people are looking for new ways to make the most of their investments. One option that has emerged is earning interest on cryptocurrency holdings. This is possible on many exchanges, including Bybit. In this blog post, we'll show you how to earn interest on your cryptocurrency with Bybit Savings.

    Before you can start earning interest with Bybit, you'll need to have a Bybit account and have completed the KYC verification process. If you haven't created an account yet, you can sign up through this link and receive a 20% discount on trading fees.

Step 1: Log in to your Bybit account

Step 2: Navigate to Finance > Earn > Bybit Savings in the top menu bar

Step 3: Scroll down to see the list of coins that pay interest and the current annual interest rates. As of this writing, Bybit offers interest on Bitcoin, Ethereum, USDC, and other coins.

Step 4: If you have the coins you want to earn interest on in another exchange, withdraw them to Bybit.

Step 5: Click "Select" next to the coin you want to earn interest on.

Step 6: Review the interest rates for different deposit periods. For example, with Bitcoin, you may have the option to earn 1.5% interest on a 30-day deposit, 1.8% interest on a 60-day deposit, or 1.5% interest for a deposit that can be withdrawn at any time.

Step 7: Click "Stake Now" next to the deposit plan you want to choose.

Step 8: Transfer the coins you want to deposit to your Earn wallet.

Step 9: Enter the amount you want to deposit, and confirm the deposit information, then click "Stake."

    Once your deposit is complete, your coins will start earning interest at the rate you selected. Please note that some deposit plans have restrictions on withdrawals, so be sure to read the terms and conditions carefully before making your deposit.

    In conclusion, earning interest on your cryptocurrency is a great way to make the most of your investment. Bybit Savings makes it easy to earn interest on your crypto holdings, so why not give it a try today?

   👉 Register on Running Fox and receive a 30% trading fee rabate

   👉 Sign up to Bybit and enjoy a 20% reduction in trading fees