BlockFi - my first month with a Bitcoin interest earning acount
BlockFi - my first month with a Bitcoin interest earning acount

By mattydevine | mattydevine | 13 Jan 2020


Perhaps some of you have seen the BlockFi advertisement being promoted through the Brave Browser recently. I was curious and I wanted to share my experience after signing up in December of 2019. 

In December when I signed up, BlockFi offered interest on Bitcoin, Ethereum, and Gemini Dollar accounts. As of January 2020 they have added Litecoin and USD Coin accounts. 

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I signed up for a Bitcoin account and added the minimum deposit of $100 to receive my bonus in $10 BTC sign-up. I wanted to let a month of interest rollover before I tried to commit any large value to an account I wont hold the keys to my coins within. 

Well I can say that after one month of having the account things have been a success! I received my sign-up bonus plus the interest on my initial deposit. 

Each account allows one free monthly withdrawal so I don't have to worry about withdrawal fees if I'd like to use or transfer any of my assets out into a different project. 
If you are into the HODL mindset like myself then it helps to stack Satoshi's in an interest bearing account. 

For more information be sure to check out: 

https://blockfi.com/

Mattydevine

 


mattydevine
mattydevine

Interested in development and in particular finding great use cases for blockchain technology. I'm an early ambassador to projects like BRAVE browser, the BAT token, Electroneum Rewards, and Publish0x. ETN Referral Code: D7CACF


mattydevine
mattydevine

Blogging about Bitcoin, Blockchain, and other Alt Coin developments

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