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Earn 7.50% APY on your dollars in Illinois

Start earning in Illinois See all pools
Flat 4.95% income tax Withdraw anytime Min. deposit $10

$10,000 saved for one year in Illinois

US national average bank savings rate
+$43
0.45% APY · after 4.95% state tax
Coinstancy
Dollar Savings (USDC)
+$713
7.50% APY · after 4.95% state tax

Illustrative example over one year at the current fixed APY (reinvested interest is already included in the APY), assuming both rates stay unchanged. Rates can change. State-level tax shown; federal taxes apply in all states. Not tax advice.

Savings pools available in Illinois

USDC
Dollar Savings
USDC
7.50%
APY · USDC

Earn a fixed APY on USDC through on-chain strategies selected and monitored by Coinstancy.
ETH
Ethereum Savings
ETH
3.80%
APY · ETH

Generate yield on your ETH exposure through audited liquid staking and lending strategies.
BTC
Bitcoin Savings
BTC
0.90%
APY · BTC

Put your BTC exposure to work with lending-based yield strategies, while keeping your Bitcoin exposure.
SOL
Solana Savings
SOL
4.70%
APY · SOL

Earn yield on SOL through Solana-native liquid staking and selected DeFi protocols.

Why Illinois savers choose Coinstancy

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Flat 4.95% income tax

Illinois has a flat 4.95% income tax.

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Licensed on-ramp in Illinois

USD deposits and withdrawals are processed by Coinme, licensed under the Illinois Department of Financial and Professional Regulation. Coinme handles the on-ramp and off-ramp only; Savings and its yield are managed by Coinstancy.

IL

Built for the Prairie State

Chicago is the derivatives capital of the world (CME, Cboe). Illinois savers understand yield and risk.

Serving all of Illinois

ChicagoAuroraJolietNapervilleRockford

Illinois FAQ

Is Coinstancy available in Illinois?
Yes. Illinois residents can open a Coinstancy account today. Deposits in US dollars are handled by our on-ramp partner Coinme, which is licensed in 48 US states including Illinois.
How much can I earn on my savings in Illinois?
Our Dollar Savings pool currently pays 7.50% APY on USDC, versus a national average of about 0.45% for traditional savings accounts. The APY shown is the fixed rate currently in force. It may be revised as market conditions evolve; a new rate applies to existing balances as well as new deposits.
How is yield taxed in Illinois?
Illinois has a flat 4.95% income tax. Yield is generally treated as ordinary income at the federal level. Consult a tax professional for your situation.
Who regulates crypto and money transmission in Illinois?
Money transmission in Illinois is overseen by the Illinois Department of Financial and Professional Regulation (IDFPR). Our on-ramp partner Coinme holds the required state licenses for USD deposits and withdrawals; it does not manage Savings or its yield. Your USDC first enters a secure multisignature wallet operated by Coinstancy before being deployed into the selected on-chain strategies.
Can I withdraw to my Illinois bank account?
Yes. You can withdraw USD to any US bank account, or cash out at thousands of Coinme locations across Illinois, including in Chicago, Aurora, Joliet. You can request a withdrawal at any time. Complete requests are normally settled within 48 calendar hours; final network confirmation may take longer.
What is the minimum deposit?
You can start with as little as $10. There are no lock-ups and no withdrawal penalties.

Coinstancy near Illinois

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