Gift of Crypto from BlockFi
I've been using BlockFi app for about a year now and always try to take the benefit of its periodic promotions. So aside from the monthly interest it provides on the investment of prominent crypto assets like BTC, ETH & stable coins, I've also earned some good amount through its promotional offerings.
And if in need, one can also get a loan against their crypto holdings in BlockFi. However, I've never availed this service until today.
BlockFi has also introduced free trading between crypto in its wallet. And very recently, it has come up with the world's first Bitcoin Rewards Credit Card where you earn 1.5% of your spends as cash back rewards in Bitcoins. So it makes sense to hold an account & some crypto with BlockFi if you wish a crypto based Visa card.
Although BlockFi wallet offers a good rate of interest on our crypto investments with it, we shouldn't forget that its a CeFi wallet i.e. a custodial wallet. Also I don't like its User Interface much but it's not too difficult to get hold of it. However, I'm happy with their service and rewards so far. But I do withdraw my deposits after the rewards get credited to my account. But some people continue to hodl there to earn some interest on their holdings. It's all up to you.
About $50 Reward
In a recently launched promotional campaign, BlockFi is offering a $50 reward in Bitcoins to all newly opened BlockFi accounts that hold at least $350 worth of crypto in its Interest Account for about a month.
To avail this offer, you need to deposit your crypto before 31st of this month and hold it until 31st January, 2021. If you fulfil this conditions, you will automatically get credited with $50 worth of BTC in your account.
Do not forget to use my referral code to open your BlockFi account to avail this offer.
My referral code is 48965766
Visit their website using this link:
https://blockfi.com/?ref=48965766
BlockFi automatically credits monthly interest on our investment to our wallet and also offers 1 free withdrawal (i.e. zero transaction charges) every month. But withdrawals are not instant and may take a few days or a week. So we need to plan our withdrawal in advance. This is what I don't like. But I'd readily ignore this inconvenience for $50 reward 😀. How about you? 😉
