BlockFi

201 Montgomery St Suite 263, 10007, Jersey City, United States
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1.90
Based on 20 Reviews

5

15.00%

4

5.00%

3

0.00%

2

15.00%

1

65.00%
About BlockFi

Earn interest. Buy Bitcoin. Borrow USD. Grow wealth. Do more with your crypto.

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Torasada Bungonokami
GB

Great so far I'm a customer since August, 2021. I've had great experience so far. Their support team is very good. They're very responsive, courteous and competent. I appreciate getting free withdrawal privileges each month. Also, no-loss & no-fee stablecoin exchange is great. Sure, no platform is perfect, BlockFi does have its pros and cons. Not being able to withdraw on weekends might be a big caveat to some, for example. But to me, benefits far outweighs the drawbacks.

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Bryan
GB

Five star experience so far Five star experience so far. I chose BlockFi over competitors because of their reputation and partnerships in the crypto space. The simplicity of the interest accounts and the ability to purchase all in one place make BlockFi great. I see BlockFi being part of my long-term investment plan. I would love to see more features in the future. Basic things like cost basis, % return would give a greater sense of how you're doing in the market.

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Scoot
GB

Just no... I opened an account here, but never deposited. Now they continue to spam me with emails about their bankruptcy proceedings, and makes me wonder if they included my name in the court filing for the people they owe... like I don't wanna be involved in that. I got real lucky, since I was planning a deposit for their high advertised returns on stable coin lending, but they went down before I went through with it.

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Sir J
GB

Requires a large deposit with low APR… Requires a large deposit with low APR that was not as competitive as the other industry leaders. In the end, it still stumbled alongside the others. It trusted companies that over leveraged and that did not do it any favors.

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Passerby
SG

VERY expensive withdrawal I noticed that the withdrawal fee for many cryptocurrencies are about $50 USD, such as GUSD, PAX, USDT, USDC. It's free to add money but withdrawals are way too expensive. Fiat minimum withdrawal is also $10,000 which is too high and the advertising on their website does not mention all this. Not great, especially when the minimum deposit is just $100. This was not detailed very clearly when we signed up, so you need to be careful. Even free withdrawals have some form of transaction fee tied to them, even though I've not initiated any other transactions in that calendar month.

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