YieldUSDT Interest Rates in the United Kingdom (2026): Where You Can Earn
The UK is the rare case where the problem is not picking the best rate — it is that there is almost nothing to pick from. Many of the large exchanges keep their earn products closed to UK residents, and the list changes as venues leave or return under FCA rules — the table below shows only the venues that do not exclude UK residents in their own terms. This is not about sanctions or tax. After the FCA's financial promotions regime took effect in October 2023, several exchanges chose to withdraw their earn products from the country rather than rebuild them to British rules.
Exchanges available in the United Kingdom
Checked against each platform's official restrictions. Rates are flexible, refreshed daily.
| Platform | USDT | USDC | Risk | |
|---|---|---|---|---|
 Lune.fi | 29.5 % | 29.5 % | F | Review → |
 CoinDepo | 17 % | 17 % | F | Review → |
 YouHodler | 12 % | 12 % | F | Review → |
 Kraken Earn | 4.0 % | 4.0 % | B | Review → |
 Toobit | 3.1 % | 2.5 % | C | Review → |
 Bitrue | 3.0 % | 3.0 % | F | Review → |
 LBank | 2.9 % | 3.1 % | D | Review → |
 Bitunix | 2.53 % | 1.91 % | C | Review → |
 Backpack Exchange | 1.51 % | 0.95 % | C | Review → |
 KuCoin | 1.28 % | 0.15 % | D | Review → |
 Nebeus | — | 12 % | D | Review → |
Other coins: best rates open to residents of the United Kingdom
Per coin: the highest base rate and the best one at an A–B graded venue, among venues whose own terms accept residents of the United Kingdom. Locked terms are marked.
| Coin | Pick | Platform | Base rate | Risk |
|---|---|---|---|---|
| BTC | Highest rate | Lune.fi | 14 % | F |
| Best at an A–B venue | Kraken Earn | 0.1 % | B | |
| ETH | Highest rate | Lune.fi | 14 % | F |
| Best at an A–B venue |  Bitstamp | 3.1 % | B | |
| XRP | Highest rate | CoinDepo | 12 % | F |
| Best at an A–B venue | Kraken Earn | 0.1 % | B | |
| SOL | Highest rate | CoinDepo | 12 % | F |
| Best at an A–B venue |  Marinade | 4.78 % | B |
Holding and buying crypto is legal in the UK. What is regulated is not the asset but its promotion: since 8 October 2023 crypto marketing falls under the FCA's financial promotions regime, with a mandatory risk warning. A cryptoasset firm serving UK customers must be registered with the FCA under the money-laundering rules. Kraken is on that register as PAYWARD LTD., reference number 928768. Uphold, Bitstamp, Bitpanda and Crypto.com are registered too. Registration means an AML check was done — it does not mean your money is protected.
This is not legal or tax advice. The single thing worth remembering comes from the regulator itself: the FCA states that crypto is largely unregulated in the UK, so it is highly unlikely you will be covered by the Financial Services Compensation Scheme, and you should not expect compensation for crypto losses. The £85,000 that protects a bank deposit does not reach an exchange. HMRC generally treats staking and lending rewards as taxable income — check your own position.
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Frequently asked questions
Not investment advice. Crypto assets are not government-insured; rates float; check the legal and tax status in your jurisdiction.