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Top Crypto Savings Accounts in Australia – Crypto News Australia

Crypto savings accounts are a popular type of investment product that allow anyone to deposit crypto and earn interest on them over time.
Instead of earning a lower rate on cash like in a regular savings account in the bank, you can earn a higher yield on your crypto by depositing them into a yield-generating app. 
Below, you’ll see what a crypto savings account is, the core mechanics behind the yields, and how these products run. Of course, you will also see specific sections and parts that relate to Australian users, alongside a few other factors to keep in mind.
A crypto savings account is a product that lets you deposit cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc., and even stablecoins on a platform in exchange for interest, similar to how a bank savings account pays interest on cash. 
Note that a crypto savings account is not a “savings account” in the traditional sense, but closer to a high-yield, high-risk investment product that happens to look a lot like a savings account in the UI.
The platform, which can be a single app like YouHodler or a crypto exchange product, lends out or deploys your crypto funds in various yield-generating activities that can include:
You earn interest in return, often at rates much higher than traditional savings accounts. That interest is usually paid in the same asset you deposited and may compound frequently (daily or weekly).
Keep in mind that crypto savings accounts are run by the company, not a decentralised protocol, so it’s different to DeFi lending. Here are some key characteristics:
You may like: Crypto Debit Cards Available in Australia
With that information out of the way, let’s go through some of the best yield-generating platforms in the Australian market.
Nexo works like a crypto bank with savings, borrowing, debit card, and exchange features. It offers interest rates depending on a loyalty system tied to the NEXO token. It also provides a 2% cashback through the Nexo Card.
The platform supports over 100 crypto assets:
Nexo does have a complex fee structure, hence why it’s important to check the general fee schedule. Fees and withdrawals depend on the loyalty tier. The platform offers around 5 free withdrawals per month.
Aave App is the upcoming crypto savings-like app of the Aave protocol, the largest decentralised lending protocol that has generated billions of dollars in interest paid.
The Aave App Hybrid interface is an addition to the Aave DeFi protocol that adds KYC, a simplified UX, and a US$1 million (AU$1.53 million) insurance protection.
Mostly stablecoins: USDC, USDT, and Aave’s GHO, typically averaging between 4% and 6%. Users can use ETH and wBTC for collateral for borrowing, not as primary yield assets.
Regarding fees, Aave app does not charge you any monthly subscription. Besides regular ETH-based gas fees, the only explicit fee comes from the spread. For example, if the Aave protocol is generating 7% APY on USDC from borrowers, the Aave App might pay you 6% APY.
Ledn is a Bitcoin-focused lender based in the Cayman Islands and operates in over 100 countries, and now focuses only on Bitcoin-based loans and stablecoins. 
Ledn separates balances into “held” (not lent) and “interest-earning” (lent) buckets to isolate risk, which can be explained as follows:
As stated, Ledn only supports BTC and stablecoins:
Ledn has several fees that depend on the balance amount and APY. You can check the rates terms page here, but it can be summarised as:
Youhodler is a EU-regulated yield platform that offers a wide range of crypto-based features, combining savings, lending, and leverage in a single app. It also provides crypto-backed loans, interest-earning accounts, and even a crypto card.
Youhodler supports over 50 cryptocurrencies, including stablecoins, and provides weekly payouts and no lock periods. Users can gain up to 20% APY on their crypto funds. Some of the supported coins are:

Youholder charges several types of fees, so you might also want to look at their fees page, but generally, you will find the following:
Uphold is available in Australia as a multi-asset brokerage with yield mainly from staking. It also allows users to trade across crypto, metals, and fiat in one app. 
There are several types of crypto assets (and commodities) that users can earn interests through Uphold, mainly staking: ETH, SOL, ADA, DOT, TEZOS, etc., roughly 3%–17% APY depending on asset.
Uphold staking fees can be a bit higher than most, around 20% of staking rewards, depending on the asset.
Crypto savings accounts can make sense for someone who already holds crypto and understands the risks.
Keep in mind the money earned through crypto savings accounts is taxable. There’s no special tax-advantaged treatment here; the Australian Taxation Office (ATO) treats crypto savings accounts, staking, lending, and other crypto products/investments as ordinary income, so you still need to pay income tax on the full amount of interest earned (at your marginal tax rate).
Pros explained:
Cons explained:
Crypto savings accounts are typically yield products that facilitate lending, staking, and DeFi strategies, usually run by centralised companies that custody your assets and require full KYC. 
While these products offer higher potential returns and convenience, users should be fully aware of the downsides, like market volatility, centralisation, the solvency and security of the platform, tax implications and no broad government guarantee.
José is a journalist and translator with a keen interest in blockchain and cryptocurrencies.
Crypto News Australia is brought to you by Swyftx and provides the most relevant Bitcoin, cryptocurrency & blockchain news.
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Budget bingo duty axe 'vote of confidence' in sector says operator – BBC

The operator of a bingo hall in East Sussex has described the decision to get rid of duty on the game as "welcome news".
Chancellor Rachel Reeves announced in Wednesday's budget that duty would be abolished on bingo from April 2026, having previously been levied at 10%.
The Godden Organisation recently opened the Deluxe Bingo Hall in Hastings and said the move was a "vote of confidence" in the sector.
The body which represents the industry has predicted the change will lead to more clubs opening, particularly in coastal communities.
William Chilcott, head of communications at the Godden Organisation, told BBC South East: "It was very welcome news for a sector that's had a couple of difficult years with rising energy costs, employment costs and a real vote of confidence from this government in our sector.
"It's reflective of the unique community bingo is and how important a role it can play in towns like Hastings."
Miles Baron, chief executive of the industry body the Bingo Association, said he was "absolutely delighted" at the announcement, and said it would be a particular boost to halls in coastal communities.
"The industry has been trying really hard to reinvent itself since Covid but this will really accelerate the process," he said.
"We're going to see new clubs, investment in modern premises and we're going to see more and more bingo clubs."
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Hastings in East Sussex and Swale and Medway in Kent are set to benefit from the investment.
Lewis Bennett, from Hastings, brought together performers to sing for the Guy Harvey Foundation.
The long-lost property was completely buried in 1889 and a whole street built on top of it.
Called Inspiration, it will call at Worthing, Tattenham Corner in Epsom and Hastings in early 2026.
Copyright 2025 BBC. All rights reserved. The BBC is not responsible for the content of external sites. Read about our approach to external linking.
 

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Powerball Players Stock Up on Tickets in Hopes of Winning $719M Saturday Drawing – MyNewsLA.com

MyNewsLA.com
Breaking news for Los Angeles, Orange and Riverside counties
There were no tickets sold with all six numbers in the latest drawing of the multi-state Powerball lottery, pushing the estimated jackpot for Saturday’s drawing to $719 million.
There were four tickets sold with five numbers, but missing the Powerball number, including one sold at a convenience store in Mission Viejo, which is worth $979,462, the California Lottery announced.
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While tickets with five numbers, but missing the Powerball number, sold in other states are worth $1 million or $2 million, California law requires major payoffs of lottery games to be paid on a pari-mutuel basis, meaning they are determined by sales and the number of winners.
One ticket each with five numbers, but missing the Powerball number, was sold in New Jersey, Pennsylvania and South Carolina and each is worth $1 million, according to the Multi-State Lottery Association, which conducts the game.
The numbers drawn Wednesday were 7, 8, 15, 19, 28 and the Powerball number was 3. The estimated jackpot was $685 million.
The drawing was the 34th since the last time a ticket with all six numbers was sold.
The odds of matching all five numbers and the Powerball number is 1 in 292.2 million, according to the Multi-State Lottery Association. The overall chance of winning a prize is 1 in 24.9.
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Karaoke, Trivia, Bingo & More: Find Daily Festive Fun at the Vancouver Christmas Market – Anywhere Vancouver

In Guides by Anywhere Vancouver
The Vancouver Christmas Market is about more than just dazzling holiday lights and tasty treats – it features fun festive activities throughout the season!

Whether you’re looking to test your bingo skills or belt out your favourite Christmas tunes, let’s find out what’s in store for you!
Vancouver Christmas Market events and activities
Meet Santa
Come meet Santa and take photos on your phone at his brand-new workshop near the Alpen Haus. Enjoy festive holiday décor and fun photo opportunities! Plus don’t miss Letters to Santa and Storytime with Santa right nearby!
Dates: November 28th, November 29th, December 1st, December 5th to 7th, December 9th, December 12th to 14th, December 16th, December 19 to 23rd
Breakfast with Santa
Ho! Ho! Ho! Enjoy a festive breakfast prepared by Pancake and Waffle Haus and a special meet and greet with Santa. The morning includes exclusive pre-market access before opening to the public, activity stations, and exclusive carousel rides!
Date: December 6th
Time: 9:30am to 11:30am
Tickets: Various prices
Purchase tickets here
Lantern Parade
Together with Holly & Jolly, you’re invited to take part in a magical Lantern Parade around the market! Choose your own sun or moon lantern, and enjoy an exclusive pre-parade experience where you can decorate a wooden ornament, snap photos with Holly & Jolly, write Letters to Santa, and get your face painted. Don’t miss this authentic German experience!
Dates: November 30th
Time: 3:30pm to 5pm
Tickets: Various prices
Purchase tickets here
 
 
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Trivia Night
Are you ready to test your knowledge?! Head over to Alpen Haus for a free-for-all trivia night hosted by IQ Trivia!
Dates: November 27th, December 4th, December 11th, December 18th
Time: 6:30pm to 7pm
Karaoke
It’s your chance to showcase your singing skills. Belt out holiday classics inside the cozy Alpen Haus tent, compete for fun prizes, and let loose!
Dates: November 28th, December 5th, December 19th
Time: 7pm to 9pm

Christmas Cookie Decorating
Get into the holiday spirit by taking part in a Christmas cookie decorating workshop. Suitable for all ages and skill levels, each person will get two classic cookies of their choice and two snowglobes that you can turn into magical snowglobe shakers!
Bring your own creation to life with colorful icing bags and a delightful mix of snowman and Santa-shaped candies.
Dates: December 3rd
Time: 4:30pm to 6pm
Tickets: $26.68
Purchase tickets here
Music Bingo
DJ Gary Richards leads participants through a version of bingo where it’s all about music. Test your song knowledge, enjoy great tunes, and win fun prizes!
Dates: December 10th, December 12th, December 17th
Time: 3pm to 5pm (December 10th and 17th), 7pm to 9pm (December 12)
Vancouver Christmas Market 2025
Date: November 13 to December 24, 2025
Location: Jack Poole Plaza – 1055 Canada Place, Vancouver
Time: Various times
Admission: Starting at just $6.99
Anywhere Vancouver is an online news and media company that strives to create engaging content for all of our readers.

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