BlockFi

202 Articles 9 Followers


BlockFi Statement (February, 2020) And Rate Change

4 Feb 2020 1 minute read 12 comments tomoyan

This is my BlockFiolio - 02/2020  BlockFi Interest Account (BIA) will let your crypto to work so you can earn compound interest in crypto every month. Last month, I earned $21.70 worth of crypto which is not bad. Bitcoin price is up and I only had a...

BlockFi // Monthly Statement // January // 2020

3 Feb 2020 1 minute read 5 comments CryptoSnarf

Sometime in January I discovered BlockFi. It's a service where you can store some of your different crypto to earn interest. It's basically the crypto version of storing money in a savings account.  Last month I put all the BTC I earned online and th...

A Change For the Better? BlockFi's New Interest Tier Rate

23 Jan 2020 1 minute read 13 comments CryptoWordsmith

BlockFi have announced another change in their interest tier rates for BIA accounts, despite updating them not even two months ago.  This will mark the fourth change since last October. I have summarized three of the tier changes in the tables below....

BlockFi Payment Proof And Brave Rewards Issue

6 Jan 2020 1 minute read 13 comments tomoyan

Good News! 🙌 BlockFi payout was processed and received the payment today.And also Bitcoin price is going up again so the interest was like $7 right now 🎉BlockFi is not a mining site and this is not mining reward.It is more like bank account and Blo...

BlockFi has a new MTL...so what does that mean?

11 Dec 2019 1 minute read 2 comments CryptoWordsmith

I found a message from BlockFi in my Inbox, announcing that they have been approved for a Money Transmitter License (MTL) in Washington State. That's interesting I thought...but what is a money transmitter? From my research, I learned that money tran...

BlockFi Will Allow More of Your Crypto to Earn 6.2% Compound Interest

28 Nov 2019 1 minute read 0 comments CryptoWordsmith

I wrote previously about my experience with BlockFi, and have successfully received compound interest on the Bitcoin that I deposited.  The BTC that I received from their earlier promotion was also a nice bonus!  To show the crypto community they are...

Earn 8.6% Interest with BTC Savings Account from BlockFi

27 Oct 2019 1 minute read 3 comments blueeyes8960

  Have you ever wished for a saving account for your Bitcoin - just deposit it and earn interest like a fiat savings account?   BlockFi will allow you to do just that! You can deposit your Bitcoin, Ether, or Gemini Dollar and earn compound interest t...

The Customer Experience Using BlockFi

1 Oct 2021 1 minute read 0 comments davidgyoung

We tend to not necessarily be the earliest of adopters but rather perhaps one of the earlier adopters that follows fairly closely behind the true trailblazers.  That is the approach on a personal level with DeFi.  Everything sounds intriguing and pro...

Top 3 Best Ways to Earn Bitcoin Passive Income

21 Aug 2021 3 minute read 6 comments Lucasgaio

Those who invest in cryptocurrencies sometimes choose to buy and hold them for long periods, trusting that their value will rise over time. The trend of Bitcoin, the main cryptocurrency, has always been positive, when looked at from a general point o...

My CeFi Experience: BlockFi

16 Aug 2021 3 minute read 0 comments Lucasgaio

The services that allow me to earn on what I already own are always my favorites. They allow you to manage your portfolio profitably and guarantee an income that a bank would not be able to match. For this reason, I recently wanted to try a very well...