• Email us
    • Follow us in twitter
    • Join us on Facebook
    • Instagram
    • Telegram
    Bitcoin South Africa
    Buy bitcoin South Africa
    • HomeBitcoin South Africa
    • What is bitcoin?What you need to know
      • Bitcoin videos
        • Advanced videos
        • Presentations
        • Documentaries
      • Bitcoin mining
        • Bitcoin mining in South Africa
        • What is bitcoin cloud mining?
      • Where to use bitcoin?
      • Bitcoin Directory
      • Bitcoin Myths
      • Bitcoin remittances
      • Bitcoin price chart
      • Amazon Bitcoin Store
    • Get started with bitcoinThe basics and Q&A
    • Buy bitcoin in South AfricaHow and where to buy bitcoin
      • Step by step bitcoin guides
      • Easy Bitcoin investment
      • How to invest in bitcoin
      • How much does bitcoin cost in South Africa?
      • Bitcoin schemes in South Africa
      • Bitcoin meetups
    • Get a bitcoin walletBitcoin wallet types
    • BlogPosts
    1. Home
    2. Bitcoin
    3. Earn up to 20% interest pa on your cryptocurrency

    Earn up to 20% interest pa on your cryptocurrency

    Bitcoin, bitcoin exchange
    High interest crypto savings account

    One of the first things that anyone who is new to the cryptocurrency scene is looking for, is a way to earn interest on their cryptocurrency holdings. Everyone is used to the traditional financial system, where banks pay you interest on money that you deposit.

    The problem with savings in the bank, is that the interest they pay is relatively low and at the same time fiat currencies are subjected to annual inflation which devalues your savings year after year.

    Earning interest with your Cryptocurrency

    With the explosion of bitcoin and cryptocurrencies over the last few years, and the rise of DeFi (Decentralized Finance) platforms, people and companies can now take loans as well as earn interest on their crypto holdings.

    OVEX is a leading cryptocurrency prime broker based in South Africa that leverages DeFi and cryptocurrency to offer high-ROI interest accounts, where its members can earn as much as 20% annualised interest on their deposits for low risk.

    Click here to learn more about OVEX’s high-interest cryptocurrency savings accounts

    The ‘holy grail’ of crypto, is the ability earn a passive income paid in cryptocurrency, and earning interest on your crypto is just that.

    ovex high interest crypto

    How much interest can you earn with OVEX?

    The annualised interest rates you can get with OVEX range from 4.0% for bitcoin (BTC), to 10.0% for Tether (USDT) on smaller deposits, while  customers with over R500k in value can get a quote on a premium rate of up to 20% interest.

    The interest is paid out daily at 17:00 in the cryptocurrency that has been deposited into your Interest Account with OVEX.

    OVEX interest rates

    Customers with over R500k to deposit can get a quote on a premium rate of up to 20%

    Click here to learn more about OVEX’s high-interest cryptocurrency savings accounts

    Who is OVEX and how do they achieve this

    OVEX is a cryptocurrency exchange based in Cape Town South Africa valued at more than R2bn, specializing in OTC trading, arbitrage trading and cryptocurrency high-interest savings accounts.

    Please read our previous article about OVEX on how to safely make easy money with arbitrage trading

    Our aim is to remain a leader in this space and offer clients returns that are superior to those available in traditional finance and to remove as many of the risks as possible.

    Using a combination of arbitrage trading and staking, OVEX is able to generate high yield, which it uses to pay the interest to customers on their cryptocurrency deposits.

    OVEX uses Staking to lock funds in a smart contract in order provide liquidity on DeFi platforms. Yield is also earned through staking rewards paid to OVEX from the lock up funds in a smart contract in order to secure the Proof of Stake network.

    ovex high interest crypto

    bitcoin, bitcoin interest, crypto, crypto interest, crypto savings account, cryptocurrency interest, cryptocurrency savings account, high interest, ovex, ovex exchange
    July 8, 2021

    Recent Posts

    • How to spend bitcoin at restaurants and stores in South Africa
    • Over The Counter Cryptocurrency trading with OVEX
    • Earn up to 20% interest pa on your cryptocurrency
    • How to safely make easy money with arbitrage trading
    • Bitvice – Purchase and Secure bitcoin
    • How to join FTX trading platform
    • Bitcoin Monthly Analysis Feb 2021
    • How to earn compound interest on your cryptocurrency

    Join us on telegram

    Join Binance exchange

    Luno bitcoin exchange

    Bitvice

    FTX exchange

    Localbitcoins

    CEX exchange

    Ledger Nano S crypto wallet

    Buy a trezor hardware wallet

    Copyright © 2015 @bitcoinzar | Privacy Policy | Terms and Conditions