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BlockFi Review: What is BlockFi?
BlockFi is a cryptocurrency exchange platform that enables you to purchase popular cryptocurrencies like Bitcoin and Ethereum among other altcoins on the market. Moreover, BlockFi enables crypto holders to yield interest rates as high as 8.6% back just for investing. In other words, you are getting paid to invest in crypto and earn interest rates too. BlockFi has no hidden fees or minimum balances for using its platform to purchase crypto.
BlockFi’s plans for a crypto credit card launch of its own soon. Not before long, just like Gemini’s Credit Card plans, BlockFi plans to have its own credit card on the market soon. Talk about crypto making a splash in 2021.
What is a BlockFi Interest Account (BIA)?
The BlockFi Interest Account used to be an account reserved only for Bitcoin holdings that account holders were able to deposit and earn interest in. Since then, the BlockFi Interest Account has expanded its portfolio offering to include popular coins like Ethereum, USDC, and other stable coins to start reaping high yield earnings on your cash that may be sitting in your bank account. You are able to earn interest rates as high as 8.6% APY for your crypto investments.
How to redeem BlockFi referral code 2021 signup bonus
- The first step is to sign-up for a BlockFi account. Apply referral code partner250 to receive up to $250 in a sign-up bonus.
- Verify your email and confirm your identity
- Complete your sign-up and link your bank account to BlockFi
- Deposit fiat into the BlockFi platform and start earning interest on your crypto investments.
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