At BlockFi you can buy and sell crypto on the crypto exchange. You can deposit crypto and earn up to 8.6% APY in an interest-bearing account or you can deposit crypto and take out a USD loan and get your crypto collateral. There is also special limited time offers with a higher 10% APY ongoing.
BlockFi offers on USDT is available only to non-US clients. For deposits of $25 and more users can get up to a $250 crypto bonus. The good thing is there is no minimum required to earn interest. They have different tiers for deposits. The more you deposit, the more you will be able to earn.
BlockFi well knows that the old ways of doing things do not cut it anymore. There is no reason to wait to start with them as they do not have minimum balances or hidden fees and everything like borrowing cash, buying or selling cryptocurrency is easy.
To earn more from cryptocurrency you need to have a BlockFi Interest Account (BIA). The interest accrues daily and users get paid monthly. Users will be able to buy, sell or exchange a variety of cryptocurrencies for competitive prices and therefore they will be able to earn interest the moment a trade is placed.
Those who have a BlockFi Loan Account can borrow money for rates as low as 4.5% APR. The good thing is there is no need to sell crypto to get cash. Users can borrow funds against the crypto assets and they will be able to get a loan while they continue to hold the crypto.
There is something called the BlockFi Bitcoin Rewards Credit Card (“Card”). There is “NO Guarantee that everyone will be eligible to receive the card.” Geographical, regulatory and underwriting restrictions will decide if someone will be eligible for this card.
Those who have the “BlockFi Bitcoin Rewards Credit Card” based on terms and conditions and trading qualifications will be able to make an unlimited 1.5% back in Bitcoin in every purchase.
To get the “BlockFi Bitcoin Rewards Credit Card” users should, first of all, join the waitlist to reserve the spot to qualify to get the card. There are additional card rewards that users might enjoy further.
BlockFi is for everyone irrespective of whether they are new to crypto or for those who have owned it for years. Users usually start off by opening an account depositing Bitcoin (5% APY*), GUSD (8.6% APY*), Ether (4.5% APY*), USDC (8.6% APY*) and they base their decisions after due diligence and discretion.
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