3.3%¹ interest on cash. Paid in bitcoin.
FDIC Insured dollars · No hidden fees or minimums · Withdraw your cash at anytime
How to earn bitcoin on your cash
Add cash
Deposit cash and start earning bitcoin automatically.
Earn interest in bitcoin daily
Accrued interest is converted to bitcoin daily and paid out monthly.
Grow your wealth
Beat inflation and build lasting wealth with bitcoin.
Save cash, earn bitcoin.
Frequently asked questions
What is Bitcoin Interest on Cash?
Now for the first time ever, you can earn bitcoin with your cash. With River’s Bitcoin Interest on Cash account, your cash accrues interest at 3.3%¹, and that interest can be automatically converted into bitcoin.
When can I withdraw my cash?
You can withdraw your settled cash at any time. Cash deposits typically take 7 days to settle, at which point they are available to withdraw. When you initiate your withdrawal, it will be reflected in your bank account within 2 business days.
Is there a fee for earning Bitcoin Interest on cash?
No, there are no hidden fees for earning interest, holding cash nor holding Bitcoin at River.
I have cash reserved for a Target Price Order. Does this cash earn Bitcoin Interest too?
Yes! With Bitcoin Interest on Cash, all cash you hold at River earns interest. This includes cash reserved for Target Price Orders and Zero-Fee Recurring Orders. We strongly believe in putting all of your cash to work to earn you more Bitcoin.
What is FDIC Insurance?
The Federal Deposit Insurance Corporation (FDIC), an independent agency created by congress, provides deposit insurance to protect your money in the event of a bank failure. The FDIC provides insurance of up to $250,000 for any deposit account opened at an FDIC insured bank and is backed by the US government.
How does FDIC Insurance work?
Your funds held through River with Lead Bank are eligible for "pass-through" FDIC insurance. Certain conditions must be satisfied in order for pass-through insurance to apply, as set forth here. Your funds are held in an account at Lead Bank that is established "for the benefit of" ("FBO") River's clients. River acts as your agent on this account, but funds are owned by you. In the event of a Lead Bank failure, River would work with the FDIC to recover funds owed to River's clients.
How is this different from a Bitcoin yield product?
This isn't a bitcoin yield product. Bitcoin yield products typically generate returns by lending out or otherwise using your bitcoin.
On River, your bitcoin isn't used to generate yield. Instead, your cash is held in an account at Lead Bank, where it earns interest. That interest is then converted into bitcoin daily, allowing you to earn bitcoin without putting your bitcoin at risk.
Disclosures