BlockFi Withdrawals are Currently Paused: BlockFi is not currently operating as usual, as they have limited platform activity, including paused client withdrawals, so you should not deposit to BlockFi Wallet or Interest Accounts at this time. We will update this page when further information becomes available.
The BlockFi Wallet allows you to buy, sell, trade, and hold your favorite cryptocurrencies and stablecoins in one location, while the BlockFi Bitcoin Rewards Credit Card pays you up to 3.5% back in Bitcoin on every $1 that you spend anywhere, plus you can use BlockFi Loans to apply online and get instant USD loans for your crypto holdings, and the BlockFi Interest Account pays you interest on all of your digital assets.
Get Your $40 BlockFi Wallet Bonus: Visit this BlockFi $40 Referral Link, click the “Join BlockFi” button to register, enter Code “1a7a0b53” in the Referral Field, create a free account, deposit at least $100 in any type of cryptocurrency or stablecoin to your BlockFi Wallet, and maintain a $100 minimum balance for at least 30 days after the $100 funding threshold is met.
Once you maintain the $100 minimum balance in any cryptocurrency or stablecoin for 30 days, you will receive $40 in free Bitcoin deposited into your BlockFi Wallet on the second Friday of the month after the 30-day holding period.
The standard sign-up bonus for the BlockFi Wallet is $10, but since the referral links in this article belong to a BlockFi Rewards Credit Card holder, you will earn an additional $30 bonus for a total of $40 in Bitcoin after you meet the qualifications.
Check out BlockFi for a free crypto wallet to buy, sell, trade, and hold popular cryptocurrencies and stablecoins, get the BlockFi Bitcoin Rewards Credit Card to earn up to 3.5% back in Bitcoin on every $1 spent, use BlockFi Loans to apply online for USD loans that are back by your crypto holdings, and use the BlockFi Interest Account to earn interest on your digital assets (BlockFi Interest Accounts not available in U.S.A.).
BlockFi Wallet $40 Sign-Up Bonus
1. Visit this BlockFi Wallet $40 Referral Bonus Link to get started.
2. Click the “Join BlockFi” button to access the registration page.
3. Make sure that Code “1a7a0b53” is entered in the Referral Field.
4. Complete and submit the registration page to create your free account.
5. Fund your BlockFi Wallet with $100 or more in any type of cryptocurrency or stablecoin (you can also fund your BlockFi Interest Account if you live outside the U.S.A.).
6. Maintain the $100 balance in cryptocurrency or stablecoin for 30 days after meeting the $100 funding threshold, including during cryptocurrency price declines (if you use stablcoin, the price will not decline).
7. The $40 Bitcoin bonus will be paid to your BlockFi Wallet on the second Friday of the month after the initial 30-day holding period.
Please note that while the standard sign-up bonus for the BlockFi Wallet is $10 in Bitcoin, you will earn an additional $30 in Bitcoin for using the referral links within this article, since they belong to a BlockFi Rewards Credit Card holder, so you will earn a total of $40 in Bitcoin when you meet the qualifications (you DO NOT have to apply for a BlockFi Rewards Credit Card yourself to earn the $40 bonus).
With the BlockFi Wallet, you can buy, sell, trade, and hold your favorite cryptocurrencies and stablecoins in one location.
There are no hidden fees and no minimum balance requirements, and by making instant trades and exchanges with instant bank transfers (ACH), you can easily build a crypto portfolio.
You can enable two-factor authentication (2FA) to keep your account secure, and allow-listing protects your crypto, so that you can only withdraw it to your approved addresses.
Use the BlockFi Wallet to buy, sell, and trade crypto in one place, and to earn and store crypto rewards from the BlockFi Rewards Credit Card and other promotions.
BlockFi Bitcoin Rewards Credit Card
With the BlockFi Rewards Credit Card, you can earn up to 3.5% back in Bitcoin on every purchase that you make anywhere.
The 3.5% back rate is an introductory offer that lasts for the first 90 days of card ownership, beginning on the date of card activation, and it is capped at $100 in Bitcoin.
After that, you will earn unlimited 1.5% back in Bitcoin on every purchase with the BlockFi Rewards Visa Signature Card.
If you have over $50,000 of annual spend, you will earn 2% back in crypto on every purchase over $50,000 of annual spend.
There are no annual fees and no foreign transaction fees for the BlockFi Rewards Credit Card.
For an alternative crypto rewards card, you may wish to try this Crypto.com Credit Card $25 Bonus to earn rewards on all of your purchases and get access to special benefits.
BlockFi Crypto-Backed USD Loans
With BlockFi Loans, you can leverage your crypto holdings to borrow fiat currencies and get collateralized USD loans using Bitcoin, Ethereum, or Litecoin.
You can unlock up to 50% of the value of your crypto assets in USD, and you do not have to sell any of your crypto assets in order to receive this funding.
It takes less than 2 minutes to apply for a BlockFi loan, and once submitted, BlockFi will present you with loan terms within hours.
After you accept and send your collateral, BlockFi will wire USD directly into your bank account, so you can apply and have USD in your bank account in as few as 90 minutes.
Interest rates start as low as 4.5% with 12-month loan duration, and you can make monthly interest-only payments in dollars or crypto and at the end, pay back the principle or refinance.
BlockFi Interest Accounts (Not Available in U.S.A.)
While BlockFi Interest Accounts were previously available in the U.S.A. and are still available in the U.S.A. if you are grandfathered in, they have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States, to U.S. persons, for the account or benefit of a U.S. person or in any jurisdiction in which such offer would be prohibited.
The BlockFi Interest Account lets you earn up to 8.6% APY on crypto assets, and you can earn compound interest on Bitcoin, Ethereum, and Gemini Dollar.
Your interest is paid out monthly in the asset-type that you deposit with BlockFi, and it requires a minimum balance to be eligible to earn interest.
Signing up for a BlockFi Interest Account takes as few as 2 minutes, but they are not currently available in the U.S.A. at this time.
If you live in the U.S.A., you can try this Celsius Network $50 Crypto Bonus to earn interest on your cryptocurrencies.
BlockFi Refer-A-Friend Program
Once you join BlockFi, you can participate in the BlockFi Referral Program to earn crypto for sharing BlockFi with friends and family.
You must create a BlockFi Wallet to receive payouts for referring new members.
After you create your BlockFi account, you can access your unique referral link to share however you like.
When your friend signs up with your link and deposits $100+ in crypto or stablecoin for at least 30 days, you will both receive $10 in BTC.
After your first 5 referrals, you will earn $20 in BTC for every referral going forward, and your friends will still receive $10 in BTC.
If you are a BlockFi Rewards Credit Card holder, both the referrer and the referee will get an additional $30 in BTC on top of the base referral program rewards.
There is no limit to the amount of friends you can refer or how much you can earn from referrals.
Referral payments are made to both the referrer and the referee on the second Friday of every month after the initial 30-day holding period.
You may withdraw your referral payments at any time from your BlockFi account.
Try the BlockFi Wallet, BlockFi Rewards Credit Card, BlockFi Loans, and BlockFi Interest Accounts to manage your entire cryptocurrency and stablecoin portfolio in a single location.
Neil deGrasse Tyson says
I wanted to post my referral link and a tip:
Struggling college student here putting myself through school!
I don’t know how anyone will see my link way down here. But I can assure you that I have NOT hit the 10 referral limit. I will ask Max to update my reply if I do ever hit the limit.
One helpful tip that I haven’t seen mentioned yet. I originally tried signing up with a Google Voice phone number that I’ve used for years. It did not work. But you don’t know this until the last step of the profile. I had to borrow a friend’s phone. Since I can’t afford phone service. Just thought it may be helpful for some folks who rely on Google Voice.
Here’s my referral link:
Does depositing $350 USD as Stablecoin qualifies?
Good question :) I’d do this if I could use stablecoin.
MM Team says
In regards to the special promotion that ended 12/31/2020, the terms indicated “crypto” but did not specify “stablecoins” as being a qualifying deposit.
However, for the ongoing referral bonus, both crypto and stablecoins are listed within the terms as being a qualifying deposit.
Thank you for your comment.
Thank you for responding and clarifying Max.
I opened my account on 12/22/2020 but did not end up funding it.
Do I have any other option now to take advantage of your referral if I fund it now with either bitcoin or stablecoins?
Mike Bragar says
Tried out Compound, Aave, Crypto.com, and Blockfi. Blockfi is the only one that uses KNC. Interface on Blockfi is cleanest and easiest to use. Also seems the most legitimate. Blockfi and Crypto.com both offer referral bonuses. However, the Blockfi (lower referral) is way more honest than crypto.com which requires investing in their native token and staking it for a period of time. I also like that I can get paid interest in another crypto. My strategy will be to use interest from USDC and get paid out in BTC. Please use my referral code if you don’t have one: f6357635
it costs $20 to withdraw
I use both Celsius and BlockFi and they are equally good. Finally BlockFi has a proper referral program. Appreciate anyone using my code 68d01ee2
Thank you in advance!
GUSD not allowed for US resident