Take advantage of the latest BlockFi bonuses, promotions, and savings offers here.
BlockFi now has up to $250 In Crypto Bonus + 8.6% APY. After you’ve made an account, you’ll be able to gain no more than 8.6% on Bitcoin, Ethereum, Litecoin, USD Coin, Gemini Dollar, and Paxos Standard. Check out other referrals bonuses here.
Find other cryptocurrency bonuses from Coinbase, Gemini, Voyager, and Swan.
There are several crypto investors that keep their assets stored here. Read below for more information on BlockFi and what they have to offer.
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BlockFi Earn Up To 8.6% on Your Crypto
With a BlockFi Interest Account, they will enable you to keep cryptocurrency and earn interest for your capital invested with the platform. The interest amount will depend on the cryptocurrency:
Cryptocurrency | Amount | APY |
Bitcoin (BTC) | 0-5 | 6% |
Bitcoin (BTC) | > 5 | 3.2% |
Ether (ETH) | > 0 | 4.5% |
Litecoin (LTC) | > 0 | 3.8% |
USD Coin (USDC) | > 0 | 8.6% |
Gemini Dollar (GUSD) | > 0 | 8.6% |
Paxos Standard (PAX) | > 0 | 8.6% |
Once you’ve stored your crypto assets with them, you’ll be able to earn a monthly interest at the start of every month. This will enable you to accrue the day after you’ve deposited. The interest you earn will be compounded monthly. Additionally, there isn’t a minimum or maximum for you to invest. In other words, BlockFi Interest Account is an excellent choice for rookies to earn interest.
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Earn Up To $250 Bitcoin Bonus
You can earn up to $250 BTC when you fund your Block Interest Account (BIA) for the first time with $25 or more.
- What you’ll get: Earn the following;
- $100 – $1,499 = $15 BTC payout
- $1,500 – $19,999 = $20 BTC payout
- $20,000 – $39,999 = $40 BTC payout
- $40,000 – $74,999 deposit = $75 BTC payout
- $75,000 – $99,999 deposit = $150 BTC payout
- $100,000+ deposit = $250 BTC payout
- Eligible account: BlockFi Interest Account (BIA)
- Where it’s available: Available in most countries worldwide and all U.S. states other than NY.
- How to earn it:
- Fund your BlockFi Interest Account (BIA) for the first time to earn a special bonus
- Provide the following deposit tiers to obtain your bonus
- Closing Account Fee: None listed
(No referral code needed)
How To Earn $25-$250 Bonus
- Fund your BlockFi Interest Account (BIA) for the first time to earn a special bonus
- Provide the following deposit tiers to obtain your bonus
Deposit Amount | Payout in USDC |
$25 – $249 | $15 |
$250 – $999 | $20 |
$1,000 – $4,999 | $40 |
$5,000 – $9,999 | $75 |
$10,000+ | $150 |
$20,000+ | $250 |
- Eligible payouts occur on the 15th of every month on a rolling basis.
- If the 15th falls on a weekend, then the payout will occur by the end of the next business day (ex. If you participate in the promo in December, your bonus will be paid out March 15th).
- This offer is not valid in conjunction with any other current or past promotions and the promo code on the account will be used to determine promo eligibility for new accounts.
- The bonus will be paid in BTC based on the prevailing market price at the time of payment.
- Payout will be based on your average daily balance (USD equivalent) maintained through 23:59:59 UTC on the 14th on the month you are eligible to be paid on.
- Any withdrawals made before 23:59:59 UTC on the 14th of the month you are eligible to be paid out on may affect your tier.
- BlockFi Interest Accounts are available in most countries worldwide and all U.S. states other than NY.
- There is a maximum of one bonus per client.
- This offer is not valid in conjunction.
- Terms subject to change.
BlockFi $10 Sign-Up Bonus
Receive a $10 bitcoin bonus when you sign up for a free account. To be eligible for this offer:
- Click on the referral link.
- Make a BlockFi account.
- Then, deposit $100 or more in cryptocurrency to your BlockFi Interest Account.
- Uphold at least $100 or more in cryptocurrency or stablecoin for about 30 days after the initial deposit.
Once you’ve accomplished all of the steps, you’ll get your bonus with your next interest statement.
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BlockFi $10-$25 Per Referral
After you’ve made an active account, just sign in and click the “Refer-a-Friend” option. Then, you’ll be able to share your personal referral code or on Facebook/Twitter. Additionally, for each new person that signs up with your referral code, then deposits $100 in crypto, both of you will get $10 in BTC.
Furthermore, your referral has to maintain an eligible balance for about 30 days until the interest payment day. This is how to qualify for the bonus. After you’ve made 5 eligible referrals, you’ll be able to begin earning a $20 BTC bonus.
BlockFi Features
When you use BlockFi, they will provide crypto services to their members and businesses globally. This will include interest-earning crypto accounts, low-cost USD loans secured with crypto. This is a cryptocurrency industry and you’ll be able to buy stablecoins with USD wire transfers as well.
BlockFi Crypto-Backed Loan
BlockFi will enable you to deposit your crypto (Bitcoin, Ether or Litecoin) as collateral to receive US Dollars. With their same-day loans, it will give you funds without making you take out from your assets. This is how it will work:
- Apply, lock down your terms and receive a decision in a few hours.
- Send your crypto assets to BlockFi’s secured storage address.
- They will send you the money to your bank account.
- Make monthly interest-only payments in dollars or crypto. Just pay the principle or refinance.
Their loan interest rate will depend on the loan-to-value (LTV) ratio you pick. Additionally, this will be determined by the amount of collateral you will require to deposit to take the loan out.
LTV | Interest Rate | Origination Fee |
50% LTV | 9.75% | 2% |
35% LTV | 7.9% | 2% |
20% LTVV | 4.5% | 2% |
BlockFi Trading Platform
If you already have a BlockFi account, you’ll be able to trade cryptocurrencies and switch between pairs. You’ll be able to earn compound interest while you trade between crypto assets. Additionally, there are several fees to trade as well.
BlockFi Wire Transfer
With BlockFi, they will allow you to send cash deposits with wire transfers to buy stablecoins directly. This perk will simplify the process for crypto newbies to begin investing in cryptocurrencies.
The cash deposits will be exchanged automatically into GUSD. You’ll be able to convert it into the crypto you prefer.
BlockFi Fees
There are no fees when it comes to trading between cryptocurrencies. Unfortunately, there are withdrawal fees and limitations on their interest accounts.
Cryptocurrency | Withdrawal Fee | Withdrawal Limit |
Bitcoin (BTC) | 0.0025 BTC | 100 per week |
Ethereum (ETH) | 0.0015 ETH | $5k per week |
Litecoin (LTC) | 0.0025 LTC | $10k per week |
Stablecoins | $0.25 | $1M per week |
Conclusion
When you use BlockFi it is an easy way to invest in crypto and earn interest. Additionally, BlockFi offers several features when you open an account with them. There are many perks that even rookies will be able to take advantage of as well.
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