NYYU Save
Earn interest on your crypto savings
NYYU Save Overview
NYYU Save allows you to earn passive income on your cryptocurrency holdings through high-yield savings accounts and staking products. Instead of letting your crypto sit idle in your wallet, put it to work earning competitive interest rates with flexible or locked terms.
Earn Passive Income
Start Earning Interest Today
Earn up to 15% APY on your crypto assets with flexible withdrawal options and daily interest payments
Key Features
Flexible Savings
Deposit and withdraw anytime with no lock-up period. Lower APY but maximum flexibility.
Locked Savings
Lock your assets for 30, 60, or 90 days to earn higher interest rates with guaranteed returns.
Daily Interest
Interest is calculated daily and credited to your account automatically.
Compound Growth
Automatically reinvest earned interest to maximize returns through compound interest.
Multiple Assets
Earn interest on BTC, ETH, USDT, USDC, and 50+ other cryptocurrencies.
No Minimum
Start earning with any amount - no minimum deposit required for most assets.
Understanding Savings Products
Prerequisites
Step-by-Step Guide
Step 1: Access NYYU Save
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- •Click "Save" or "Earn" from the main navigation menu
- •You'll see available savings products with current APY rates
- •View your active savings positions and earned interest
- •Compare rates across different assets and lock periods
See your cumulative interest earned across all savings products
View all your current flexible and locked savings positions
Browse cryptocurrencies eligible for savings with current rates
Step 2: Choose Your Savings Product
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- Browse available assets (BTC, ETH, USDT, USDC, etc.)
- Review current APY rates for each asset
- Check minimum deposit requirements if any
- Consider asset volatility vs. interest earned
- Click on the asset you want to deposit
No lock period, withdraw anytime
Highest returns, locked for 90 days
For stablecoins like USDT or USDC, locked savings offer significantly higher returns with minimal additional risk since price volatility isn't a concern. For volatile assets like BTC or ETH, flexible savings may be better if you want to sell during price spikes.
Step 3: Deposit Funds into Savings
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- Enter the amount you want to deposit
- Review the estimated daily and annual earnings
- Check the lock period (if applicable) and maturity date
- Read and accept the terms and conditions
- Click "Confirm Deposit" to transfer funds
- Funds are instantly moved from your wallet to savings
- Interest starts accruing immediately
- •Deposit amount and asset type
- •APY rate and daily interest amount
- •Start date and maturity date (for locked savings)
- •Estimated total earnings at maturity
- •Option to enable automatic interest reinvestment
*Assuming daily compound interest
Step 4: Monitor Your Earnings
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- •Check real-time balance and accrued interest
- •View daily interest payments in transaction history
- •Monitor APY rate changes (rates may vary based on market conditions)
- •See countdown to maturity date for locked savings
- •Track total lifetime earnings across all products
Interest paid daily at 00:00 UTC and immediately available for withdrawal or reinvestment
Interest accrues daily but is paid in full at maturity date along with principal
Step 5: Withdraw or Redeem
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- Go to your active savings positions
- Select the flexible savings position to withdraw
- Click "Withdraw" or "Redeem"
- Enter amount (partial or full withdrawal)
- Confirm withdrawal
- Funds return to your wallet instantly
- Earned interest up to withdrawal time is kept
- Wait for the lock period to complete
- You'll receive a notification at maturity
- Navigate to matured positions
- Click "Redeem" to claim principal + interest
- Choose to withdraw or reinvest in a new term
- Funds transferred to your wallet immediately
Withdrawing locked savings before maturity results in forfeiture of ALL accrued interest. You'll only receive your original principal back. Emergency withdrawals are processed within 24 hours.
Advanced Features
Auto-Reinvestment
Enable automatic reinvestment to compound your earnings. Interest is automatically deposited back into your savings position daily, earning interest on your interest.
Savings Tiers
Some assets offer tiered APY rates based on your deposit amount. Larger deposits may qualify for enhanced interest rates.
Tier 2: $10K-$50K
Common Mistakes to Avoid
Locking Volatile Assets for Too Long
Don't lock highly volatile cryptocurrencies like BTC or ETH for 90 days during bull markets. You might miss opportunities to sell at peak prices. Use flexible savings instead or shorter lock periods.
Ignoring APY Rate Changes
Savings APY rates fluctuate based on market demand. What starts at 10% could drop to 6% next month. Check rates regularly and consider withdrawing/redepositing if better opportunities arise.
Not Diversifying Savings
Don't put all your savings in one asset or one lock period. Spread across multiple cryptocurrencies and use a mix of flexible and locked products for balance between returns and liquidity.
Forgetting About Maturity Dates
Set calendar reminders for locked savings maturity dates. If you don't redeem or reinvest manually, some platforms automatically convert to flexible savings at lower rates.
Underestimating Smart Contract Risk
DeFi savings products carry smart contract risk. While rare, exploits can happen. Never deposit more than you can afford to lose, and verify the platform's insurance coverage.
Chasing High APY Without Research
Extremely high APY rates (>20%) often indicate high risk. Research the asset, protocol security, and sustainability before depositing. If it seems too good to be true, it probably is.
Risk Management
Smart Contract Risk: Savings products use smart contracts that could have vulnerabilities. Only use reputable platforms with audited contracts.
Platform Risk: If NYYU faces financial difficulties, savings could be at risk despite insurance. Diversify across multiple platforms.
Market Risk: While you earn interest, the underlying asset price can drop. A 10% APY doesn't help if BTC drops 30%.
Liquidity Risk: Locked savings means you can't access funds for emergencies without penalty. Keep some assets in flexible savings or your wallet.
Rate Risk: APY rates change frequently. Your 12% rate today might be 6% tomorrow, though locked rates are guaranteed until maturity.
Pro Tips for Maximum Returns
Split deposits across different lock periods (30, 60, 90 days) so you have regular access to portions of your funds while maintaining higher rates.
Lock USDT/USDC for maximum periods to capture highest rates without price volatility risk. Perfect for "set and forget" passive income.
Enable automatic reinvestment on all positions. The power of compound interest significantly boosts returns over time - can add 1-2% to effective APY.
Set up notifications for rate changes. When flexible savings rates drop significantly, consider moving to locked products or other platforms for better returns.
Next Steps
Use your savings as collateral to borrow cash without selling your crypto
Learn About Loans
Trading Guide
Grow your portfolio faster by combining savings with active trading strategies
Start Trading
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Explore Marketplace
Need Help?
Our support team can help you choose the right savings product for your goals and risk tolerance. We're available 24/7.