Six Criteria That Actually Separate Accounts
Headline rates are easy to advertise and hard to verify. These are the questions that tell you what an account really offers.
1. Where the Rate Comes From
Can you see the current rate at the moment you commit, or only a marketing number? Ask whether the figure updates with the product or was written once and left.
2. Who Holds the Assets
Custody should be nameable. An account that cannot tell you who safeguards deposits and how has answered the most important question with silence.
3. What Happens to Deposits
Are deposits lent out or reused, and is that disclosed in the terms? This is the difference between a risk you accepted and one you discovered later.
4. Withdrawal Terms
Check access before you deposit, not after: whether funds are reachable on demand, what a fixed term commits you to, and what ends a term early.
5. Assets and Minimums
A headline rate is irrelevant if it is not offered on what you hold. Compare the asset catalog and the minimum deposit for the asset you actually own.
6. Fee Transparency
Terms, rates and any fee should be visible before you confirm, not surfaced at withdrawal. Transparent fees, stated in advance.
How Clapp Answers the Checklist
The right-hand column describes patterns commonly found across the market, stated categorically rather than naming any provider.
Check the Rates Yourself
The live fixed-savings catalog with the best current rate for each available asset, ordered by the product. This is criterion one in practice: nothing here is typed by a copywriter.
Compare Flexible and Fixed on Your Own Numbers
Enter the amount you would actually deposit and switch between plans. Comparing accounts is easier when the projection uses live rates rather than a rounded example.
The Two Term Structures You Are Choosing Between
Flexible
Fixed
Criteria Two and Three, Answered Directly
Custody and the use of deposits are the two questions worth refusing to skip when comparing any provider. Clapp's answers, in full.
Secured by Fireblocks
Assets are held under Fireblocks institutional-grade MPC custody — the same technology trusted by global banks.
Platform Model
Clapp is a technology platform that delivers its crypto-related services through licensed entities, and compliance obligations such as AML/CFT are handled by the relevant entities depending on jurisdiction.
Asset Use
Clapp is a technology platform that provides access to crypto services through the relevant regulated entities. User assets are not rehypothecated unless clearly disclosed in the applicable terms of the service provider delivering the service.
Access 24/7 support
Need help? Clapp's support team is available around the clock to keep your savings experience smooth.
Comparison questions
What makes a crypto savings account good?+
A rate you can verify at the moment you commit, custody you can name, withdrawal terms stated before you deposit, and fees disclosed upfront. A headline number alone tells you very little.
Should I just pick the highest rate?+
The rate is one of several criteria. A high number paired with unclear custody, undisclosed asset use, or withdrawal conditions revealed after deposit is not the better account. Check how the rate is produced and what you give up to get it.
Are crypto savings accounts safe?+
Crypto savings carry risk: market risk on the asset you hold and counterparty risk on the provider.
What differs between providers is how much of that is disclosed. Look for named custody, a clear statement on whether deposits are lent out, and terms available before you commit.
Why do stablecoin accounts show higher rates than major coins?+
Demand for stablecoin liquidity in crypto markets runs higher, and that demand is passed back to depositors. It is a market condition rather than a promotion, which is why the gap appears across the category.
Can I withdraw my crypto whenever I want?+
Flexible Savings: deposit and withdraw any amount, anytime — no lockups, no penalties. T&C apply
Can my rate change during a fixed term?+
Fixed Savings: lock in a guaranteed rate for a term of 1 to 12 months. Your rate is fixed upfront and never changes. T&C apply