Earn Interest on Cosmos - ATOM Savings Account
YouHodler’s list of options to choose from for crypto savings accounts continues to grow. These low risk, high yield savings accounts help users earn interest on crypto up to 12% per year plus compounding interest. Cosmos (ATOM) is a popular choice in the market. Here’s some information additional facts on Cosmos (ATOM) and also learn how to easily accumulate crypto interest on YouHodler.
What is Cosmos (ATOM)?
Cosmos calls itself “the internet of blockchains.” Quite an aggressive nickname to give yourself if you ask our opinion but their confidence is well deserved. Cosmos has a big objective and that’s to create a large network of other crypto networks that are all united by open-source techniques to make efficient transactions between the networks. Instead of prioritizing the Cosmos network like other networks might do, Cosmos unselfishly wants to build an ecosystem of other networks that all can share tokens and data without the need of any centralized party
Tying it all together is The Cosmos Hub, the proof-of-stake blockchain that exists within Cosmos and. The blockchain is powered by its native ATOM cryptocurrency which can be bought on YouHodler and other large exchanges.
How to earn 3% interest on ATOM
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit ATOM to your personal Cosmos wallet
Step 3. Watch as your ATOM earns a compounding interest of 3% APY.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
Have you seen the ads for “high-yield savings accounts” for banks these days? If not, they are offering rates below 0% and somehow calling that “high-yield.” At YouHodler, you can earn 3% on ATOM deposits and that’s just the minimum. With the combination of our other tools, you can earn from ATOM savings accounts and other features like Multi HODL and Turbocharge. Plus, you’re still earning from ATOM’s natural market growth as well. Combine that with our user-friendly interface and attention to efficiency and watching crypto on YouHoder has really never been easier.
Cosmos saving wallet app that pays interest
YouHodler wallet app is the only application where you can store your Cosmos (ATOM) just like you would in a regular wallet but in addition, earn interest on that ATOM wallet balance every week.
How does ATOM interest work
You can earn interest on ATOM just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 3% interest on ATOM.
How to Earn Free ATOM
It’s easy! Just deposit ATOM to your YouHodler wallet and you’ll earn free ATOM every week.
How to Get Free ATOM
Interest payments occur every seven days. So you’ll get your free ATOM a week after your first deposit.
Cumulative Interest ATOM
Yes, you have cumulative interest if you HODL ATOM in the wallet. We calculate compound interest rates every week.
ATOM APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more ATOM at the end of the year due to this cumulative interest.
ATOM Savings Calculator
Just use our ATOM Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.