BlockFi offers interest-earning crypto accounts and crypto-backed USD loans to customers around the world.
Updated 7/27/2020 – BlockFi “Give $20, Get $50” Referrals: Visit this BlockFi $20 Referral Link, enter Code “1a7a0b53” in the Referral Field, create a free account, deposit $500 worth of crypto or stablecoin to your BlockFi Interest Account by August 14th, and maintain a $500 minimum balance through September 14, 2020, to receive $20 in free Bitcoin with your next interest statement. Plus, get $50 for every person that you refer through August 14, 2020.
If you want to earn compound interest on your crypto or borrow U.S. Dollars, BlockFi gives you access to basic financial products in the blockchain ecosystem.
You can use your crypto holdings to buy a home, pay down debt, or fund a business, all without having to sell your crypto.
Just open a BlockFi Interest Account to start earning interest in Bitcoin, Ethereum, and Gemini Dollar today.
Once you create an account, you can also apply for low-rate USD loans if you ever need funds and don’t want to sell your crypto assets.
Plus, all members can participate in the BlockFi Refer-A-Friend Program to earn extra crypto when you share BlockFi.
BlockFi lets you earn interest, borrow USD, and grow your wealth by using your crypto to your advantage.
You can also try this Celsius Network $20 Crypto Bonus to earn interest on your cryptocurrencies.
BlockFi Crypto Interest Account
- BlockFi Interest Account lets you earn up to 8.6% APY on crypto assets.
- Earn compound interest on Bitcoin, Ethereum, and Gemini Dollar.
- Your interest is paid out monthly in the asset-type that you deposit with BlockFi.
- Requires a minimum balance of 0.5 BTC or 25 ETH to be eligible to earn interest.
- Signing up for a BlockFi Interest Account takes as few as 2 minutes.
- Available everywhere in the U.S., except in New York, Connecticut, and Washington.
BlockFi Crypto-Backed USD Loans
- Leverage your crypto holdings to borrow fiat currencies.
- Get collateralized USD loans using Bitcoin, Ethereum, or Litecoin.
- Unlock up to 50% of the value of your crypto assets in USD.
- 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.
- 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.
- 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.
- Make monthly interest-only payments in dollars or crypto and at the end, pay back the principle or refinance.
BlockFi Refer-A-Friend Program
Through August 14, 2020, you can earn a bonus of $50 in BTC and your friend can earn a bonus of $20 in BTC. Have your friends sign up using your unique referral code by August 14, 2020. Ensure your friend deposits $500 or more into their BIA and maintains a balance of at least $500 through September 14, 2020. You will receive $50 in BTC as a bonus and your friend will receive $20 in BTC.
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 Interest Account 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, you will receive credit for that referral’s account.
Once your referral funds a BlockFi Interest Account and meets the minimum required deposit to earn interest, you’ll earn 10% of the interest they earn for as long as the deposit stays in their account.
That 10% is in addition to their interest, so both parties benefit and there is no loss for using a referral link.
That means if your friend earns $100 in interest on their crypto deposit, you’ll earn $10 (10%) in addition to their payout.
All interest is paid out in crypto, so if your friend deposits BTC, they earn BTC and you earn BTC.
If your referral takes out a loan, you will receive $50 or 0.10% of the loan amount (whichever number is greater).
There is no limit to the amount of friends you can refer or how much you can earn from referrals.
You will see the total amount earned from your BlockFi referrals at the beginning of each month added to your interest payout statement.
You may withdraw your payments at any time from your BlockFi account.
Try the BlockFi wealth management service to earn compound interest on your crypto holdings and get crypto-backed USD loans without having to sell your digital assets.