BlockFi Oct 2020 promo for new deposits - up to $275 bonus!

By WhiteWalrus | Beer Money | 18 Oct 2020


Here is the October 2020 promo from BlockFi. If you have $10k in fiat you need to put in savings and keep it liquid, I recommend you park it at BlockFi for a few months at least. This way, you'll get the sign up bonus of $275. 

The link to sign up for BlockFi is here: Try BlockFi

I tried an earlier promo that said you had to trade $10k worth to get the bonus and their trading fees ~8%-9% really ate up on the sign up bonus and it ended up being a wash. Don't make the same mistake. I'd deposit the fiat in Coinbase Pro, convert it free to USDC, then send it over to BlockFi for the signup bonus.

If you need a CoinBase, sign up here. You'll get $10 after you buy/sell $100 in crypto.

Remember, to use pro.coinbase.com (coinbase.com & pro.coinbase.com login work the same), perform the deposit of fiat. They offer instant fiat deposit of $25,000 so you can do this deal quickly after you sign up for Coinbase.

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Below are some of the terms mentioned.

The link to sign up for BlockFi is here: Try BlockFi

Questions, comments? Please post in the comments below.

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8.6% APY is certainly good for USDC, but you could do better with Celsius. But the the sign up bonus is good and you can explore your options later. BlockFi one free withdrawal per month so at that point you can go back to your bank account (via CoinBase Pro) or take it over to Celsius for 11% interest.

Good luck and happy hunting on extra beer money!

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