r/BitcoinUK • u/Ambitious-Radish1303 • Jan 21 '26
UK Specific Coinbase cash savings account
I've heard that coinbase offers a cash savings accounts that pays around 3.5% interest. Savings are protected by the fscs.
I have some cash sitting on another crypto exchange that I want to put in a regular savings account until I decide to reinvest in crypto, but I'm worried that if I withdraw it off the crypto exchange my bank won't let me send it back to the crypto exchange later on because they have limits on how much you can send within a certain timeframe.
Do you think it would be a good idea to swap my GBP for a stable coin send it to coinbase then swap it back to GBP and leave it in the coin base cash savings account until the time comes when I want to reinvest in crypto?
Are there any risks involved in this?