Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market

Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. The decentralized exchange’s interest rates fluctuate based on the supply and demand of loans and deposits of the particular crypto-asset.

Sitting atop the BTC list for best borrowing rates with 4.50%, Celsius is a wallet that allows customers to deposit and loan virtual currencies. The centralized service fixes all interest rates for its users.

Timeline of Celsius, Bitcoin