What is BlockFi?
BlockFi is a crypto-oriented financial services company that offers crypto-backed loans, interest on crypto deposits, and zero-fee trading services.
Who can use BlockFi?
BlockFi services clients worldwide and in all U.S. states, with USD loans backed by crypto, interest-earning accounts, and trading.
Is BlockFi safe?
BlockFi is backed by industry-leading investors, including Valar Ventures, Morgan Creek Capital Management, Coinbase Ventures, and more. BlockFi has built a best-in-class compliance program to protect your assets, and with more than $100 million in equity funding, including a recent Series C funding round led by Morgan Creek that raised $50 million, and more than $2 billion in assets under management, BlockFi has a rock-solid foundation.
Can I use BlockFi without any experience?
Maybe you’re new to crypto, or maybe you’ve owned it for years. Either way, BlockFi is here to help. Their client service managers have the knowledge and expertise to address any question.
Does BlockFi have a credit card?
Yes. BlockFi is coming out with the world's first Bitcoin Rewards Credit Card. Earn 1.5% back in bitcoin on every purchase.
How do I create a BlockFi account?
1. Enter your information to create a new BlockFi Interest Account 2. Deposit crypto or stablecoin into your account 3. Receive an interest payment each month
Who uses BlockFi loans?
Whether you’re a market maker, an investment fund, or a crypto business, BlockFi can provide bespoke loans of cryptocurrency, stablecoins, or USD for your institution. The company services individuals and businesses worldwide, and in all 50 U.S. states, with offerings including interest-earning accounts, low-cost USD loans secured with crypto and fee-free trading.
What sets BlockFi apart?
BlockFi is powered by one of the largest retail cryptocurrency balances in the world. That lets them provide lending solutions that meet your unique needs.
How much can I earn with BlockFi's Interest Account?
Use BlockFi’s useful interest calculator for an idea of how much you’ll earn on a given cryptocurrency balance in your BIA within a certain period of time.
Is BlockFi insured?
Well, since FDIC insurance doesn’t apply to digital assets such as cryptocurrencies, your deposits in BlockFi are not covered by FDIC insurance. However, BlockFi uses partner company Gemini as its custodial service, and Gemini does have its own insurance for its deposits.
What types of accounts does BlockFi offer?
Currently, BlockFi offers support for personal accounts and business accounts.