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For a limited time, CoinRabbit (coinrabbit.io) has increased the interest on their Crypto Savings Account to 10% APY on all stablecoin. The platform provides instant crypto-backed loans and an interest-earning account, with low rates and no KYC. For more on CoinRabbit and their current offer, keep reading.
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CoinRabbit Limited Offer: Earn 10% Interest on All Stablecoin
For a limited time, CoinRabbit has increased the interest on their Crypto Savings Account from 8% to 10%. This applies to all supported stablecoin. Simply head to the CoinRabbit Earn page and click on the “Start Earning” button.
CoinRabbit Features
CoinRabbit is a crypto-lending platform. It gives borrowers the ability to take out crypto-backed loans, while investors earn interest on their deposited stablecoin. There is no KYC verification required, and all crypto assets are held in cold storage by Guarda. Let’s take a closer look at all of CoinRabbit’s features below.
Crypto Loans
| Minimum Loan Amount | 30 USDT/USDC for ETH as collateral 80 USDT/USDC for BTC as collateral |
| Funding Time | 10 minutes |
| Supported Collateral | BTC, ETH, BCH, NANO, DOGE, XRP, FIRO, XMR, RVN, SHIB, DGB |
CoinRabbit loan periods are unlimited, and you only pay interest when you decide to take your crypto back. Currently, the platform is offering loans with a 14% APR. There is no credit check and no paperwork, so you get your loan fast, in less than 10 minutes.
Crypto Savings Accounts
CoinRabbit lets you sit back and watch your crypto grow over time when you deposit at least $100 in USDT, TRC20, ERC20, or USDC into their savings account. Interest is paid out monthly. There is no lock-in period, so you’re more than welcome to partially or fully withdraw your deposits at any time.
Bottom Line
CoinRabbit is a solid option for borrowers looking to access quick cash through crypto-backed loans, and for investors who are looking to passively build wealth by leveraging their crypto. Members benefit from no KYC and low fees.
BlockFi is another crypto service that offers low-cost USD loans secured with crypto, as well as interest-earning accounts. They’re currently offering a $25 welcome bonus.
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Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.