BlockFi promotion 2020
Bitcoin halving on May have brought the price back from 3.7k to 10k USD worth in just a few weeks of time!
Upon halving, there's a few exchanges offers free BTC when finishing their given task, but here's the easiest one for sure! That's from BlockFi, the well known Cryptocurrency Interest Account that offers compound interest services monthly upto 8.6% APR. That's a huge one!
Few weeks ago they offered a task, which whoever deposit $200 or more cryptocurrency in your BlockFi Interest Account(BIA) will be awarded $100 USD worth of Bitcoin. The only thing is, we have to hold that amount until the end of July 2020.
Well, it's just $200 cryptocurrency, why not we just leave it in the interest account and let it starts compounding? That's no harm for us at all!
Of course, we have other platform that provide the similar service as well, such as Celsius Network, Crypto.com, compound.finance, and so on. The fact that I choose BlockFi is because they provide the higher interest rate compared to other platform. Data as below:
Currency Amount APY
BTCTier 1 0 - 5 6%
BTCTier 2 > 5 3.2%
ETH > 0 4.5%
LTC > 0 3.8%
USDC > 0 8.6%
GUSD > 0 8.6%
PAX > 0 8.6%
What's surprising me more is they offer 0% trade fee for everyone, everytime you make a trade in BlockFi. Yes, you are right, everyone is equal in BlockFi.
Missed the promotion? Don't worry, you still can get $10 worth of Bitcoin when you make a first $100 worth cryptocurrency deposit upon signing up here.
As I always said, do your own research, make your own choice. Good luck!
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#cryptocurrency #cryptocurrencies #interest #income
