Very very different! PennyWorks is different from a traditional savings account in that it leverages blockchain technology to offer you high yields while keeping your money safe and accessible.

We're also different from the wide field of new DeFi providers in that we are a U.S. company, meaning that we are held accountable to U.S. regulations.

Additionally, we help keep your taxes simple. You receive a 1099 at the end of the year with your total interest income in USD, no crypto accounting required.