How to Save in Cryptocurrency: A Digital Alternative to Bank Savings Accounts

In 2025, the average interest rate on traditional dollar savings accounts in the US and other developed countries is only 1–4% per year. Meanwhile, official inflation in the US hovers around 3–4%, and in some countries exceeds 6%. This means that even if you keep your money in a savings account, its purchasing power is shrinking: inflation erodes your savings faster than interest accrues.

Bank accounts are no longer a reliable way to preserve capital; they only create an illusion of safety. Against this backdrop, more people around the world are turning to cryptocurrency: in recent months, the number of new crypto wallets has grown at double-digit rates, and retail trading volumes on major exchanges have hit new highs. Crypto is becoming one of the few tools that can protect and grow your savings outside the banking system and national currencies.

Crypto as the New ‘Savings Book’

Since the early 2020s, Bitcoin and Ethereum have posted growth that has far outpaced traditional savings returns. From 2020 to 2024, Bitcoin rose from $7,000 to over $60,000, albeit with high volatility. This made many private investors realize that crypto can be more than just a risky speculation — it can be a viable tool for saving.

When dollar inflation exceeded 7% annually in 2022, even large US companies started moving part of their reserves into crypto. Today, crypto wallets are becoming a digital version of the ‘savings book’, but without intermediaries, bank fees, or restrictions. You control your assets yourself. No one can freeze your account or block your transfer without your consent. This is especially important in 2025, as financial restrictions and regulatory barriers between countries continue to tighten.

How to Start Saving in Crypto

It’s easier than it seems. First, you need to choose your assets. If you want to minimize risk, consider Bitcoin and Ethereum — the most liquid and well-known cryptocurrencies. If you prefer to keep your savings pegged to the dollar, stablecoins like USDT, USDC, and DAI are good options. They are fully backed by dollars, maintain a 1:1 peg, and protect you from sharp price swings.

The next step is to get a crypto wallet. Hardware wallets like Ledger or Trezor are ideal for long-term storage and provide a high level of security. For more active use, reliable mobile wallets like Trust Wallet or Exodus are good choices.

Then, you need to purchase cryptocurrency. You can do this on a crypto exchange or through P2P services, where transactions happen directly between users. It’s important to choose reputable platforms to avoid scams.

In 2025, the crypto community has become more mainstream, but scams have also become more sophisticated — always double-check website addresses and seek recommendations from experienced users.

The key to successful saving is consistency. A good strategy is to convert part of your income into crypto every month — for example, 5–10% of your salary. This way, you won’t feel a burden on your budget, but over time you’ll build a substantial crypto portfolio. If prices rise, these savings can multiply several times in just a few years.

Where to Buy Crypto: EMCD P2P Service

If you’re ready to move from theory to practice and buy crypto, the easiest way is to use a P2P service. Here, deals happen directly between individuals, while the platform acts as a guarantor — this lets you find the best rate without paying extra fees charged by banks or exchanges.

In 2025, the EMCD P2P platform has become one of the most convenient tools for buying and selling cryptocurrency. You can select an offer, specify the amount and payment method, and the platform will ensure the security of the transaction. This is especially important now, as banks and payment processors are increasingly tightening requirements on crypto-related transfers.

Moreover, with P2P you can not only buy crypto, but also sell it profitably to other users, quickly converting it into fiat. This flexibility is ideal for those who want full control over their savings.

Should You Save in Crypto?

Today, a traditional savings account virtually guarantees your money will lose value to inflation. Cryptocurrency offers a chance to not just preserve, but also grow your savings. Yes, the crypto market is volatile. But if you take a long-term perspective, especially with Bitcoin and Ethereum, historical data shows an upward trend. Over the past decade, Bitcoin has grown more than 100 times. This makes crypto a promising tool for saving.

The most significant things are to study the market, use trusted platforms, store assets in secure wallets, and avoid chasing quick profits. Convenient P2P services like EMCD make it easy to buy and sell crypto at competitive rates. If you act wisely, cryptocurrency can become the best alternative to traditional savings accounts.