BlockFi: Now supporting "Instant ACH" deposits

By Username12 | UN12 money | 30 Mar 2021


Yet another PSA Regarding BlockFi and updates to their service.  BlockFi now supports instant ACH, meaning you no longer are waiting 3-5 days for your funds to hit your account.  This is a good step in the right direction for their platform in order to compete with some of the other exchanges out there. See the email below.

 

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What will be interesting to see is what the next changes will be over the next 90 days.  The rate at which they're making changes might be a sign of good things to come.  I for one would like to see an expansion of cryptocurrencies that you can stake on the platform like ADA, DOT, XRP, and THETA or really any coins that are now finding themselves regularly in the top 10 most popular.  The biggest thing I see holding them back from attracting more new investors is the fact their portfolio options are limited.  Conversely their rates are some of the highest.  As of my writing of this I still think BlockFi only slightly edges out ahead of some of the other platforms for new "small fish investors."  I wouldn't say that this sort of space is "heating up" but it's certainly starting to level out.  I plan on examining Celsius and Gemini some more in the upcoming month.  Expect some pro's and con's articles about them, as well as an analysis of how I think those platforms can best be utilized for maximum ROI.  

 

If you're intersted in signing up for a BlockFi Account please use my refereal link - HERE.  If you put in $100, you'll get $10 and so will I.  Additionally you can take advantage of their current promotion ending TOMORROW which I covered - HERE

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Username12
Username12

Documenting my journey into the cryptocurrency world in hopes of making it more accessible to newcomers. I'll also be writing articles sharing some of my hobbies and experiences along with way.


UN12 money
UN12 money

A blog where I talk about how I have grown my wealth, and the tips/tricks I have provided to friends and coworkers to grow their own. I go over the stuff you SHOULD have learned in grade school about managing your own money, setting a budget, living within your means, and being smart with your money. **Note: Nothing in this blog is given as financial or legal advice.

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