BlockFi Login – Sign in to Blockfi Account

With over 150 million dollars in funding from notable community figures, block-Fi is the go-to-place for growing your crypto currency. Founded in blockfi ia a US based centralized crypto-finance company that supplies a variety of supplies services for both private and institutional clients. Blockfi interest account, BIAs for short and enable users to earn up to 8.6% interest annually on crypto currency deposit to their account. The way this works is that blockfi lends the users’ deposits to institutional and corporate borrowers, who pay an interest rate to blockfi which in turn pays its users.

Trading Services On Block-Fi

User’s deposits are prioritized over other company equity to reduce their risk, they are not FDIC or SIPC insured. Blockfi also allows users to deposit crypto currency as collateral and borrow up to 50% of the collateral value in US dollars. Through this service, you can access cash almost instantly without the need to trade their crypto currency, avoiding hassle, fees and a taxable event.

Blockfi provides ‘no fees’ crypto trading services. However , some users have complained that even though there is no direct fee, the final exchange rate is less than optional.

Blockfi to be solid with the main user complaint being the lengthy withdrawals process of funds. One thing to point out is that blockfi is a centralized company, meaning they have control over your funds. Additionally, in may of 2020 blockfi experienced a security breach, and while no funds or sensitive documents were stolen, some of the user’s personal information was compromised.

Block-Fi provides a great alternative for traditional finance and DeFi services  so you can earn interest on your cryptocurrency and secure super quick loans against it. However the company’s centralized nature and short track stock still make it a bit risky for any amount you can’t afford to lose. Block-fi is considered to be a solid platform for growing your crypto holdings passively.

SIGN UP ON BLOCK-FI

So here we are going to take you step by step on signing up for block-fi. Also we are going to make it easy then go ahead and sign up with blockfi and get your crypto money transferred over to the platform directly.

SIGN IN ON BLOCK-FI

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