BlockFi is a crypto platform with crypto wallets, trading platforms, rewards credit cards, and a BlockFi Interest Account (BIA) for non-US customers. Unlike many crypto wallets that only store your digital currency, this unique cryptocurrency trading platform pays interest on the cryptocurrency balance you hold in an interest-bearing account. Their main feature, the BlockFi Interest Account, includes lending your cryptocurrency to institutional and corporate borrowers at high-interest rates.
WHY BLOCKFI IS UNIQUE IN THE MARKET OF CRYPTO TRADING
This unique cryptocurrency trading platform allows you to earn interest on cryptocurrencies you own, use cryptocurrencies as collateral for loans, or trade currencies including Bitcoin, Ethereum, Litecoin, and several stable coins.
SEVERAL USES OF BLOCKFI
BlockFi is a comprehensive crypto platform that allows you to easily manage your crypto assets and optimize your wallet allocation.
BlockFi accounts are best for investors who own or want to buy cryptocurrencies and want to earn interest by keeping their crypto assets in one place.
BlockFi is a global platform for interest-bearing accounts, crypto lending, and crypto trading. Some of the other ways BlockFi makes money include withdrawal fees, spreads on-exchange trades, creation fees for cryptocurrency-backed loans, cryptocurrency mining, sponsorship fees, and rewards for investing in other trusts.
LATEST UPDATE FROM THE CEO AND FOUNDER OF BLOCKFI
Zac Prince, the founder, and Chief executive of BlockFi, joined Emily Chang to discuss the cryptocurrencies network’s contract to pay the Commodity futures Trading Commissioner and state authorities $100 million over allegations it illegally offered a product that pays customers high-interest rates to lend out their digital tokens.
Open the blockFI official website and follow the given instructions
Once you open the official website of blockFi you need to click on the signup button which has been appeared on the screen in a yellow box
After giving a click on the sign up button you had to the page where you find a display, showing to provide your legal first name, legal last name, your email ID
When you get done by giving the following information correctly you need to create a password which should be a mixture of uppercase, lowercase, numeric and alphabetical orders to make your password more creative and strong you can also use symbols. Why you are creating your blockFi password please make sure that it’s easy for you to remember because this is what you are going to use afterward whenever you will Blockfi login to your account
When you get done by creating your password all you need to do is agree to the terms and conditions and privacy policies also they will show you that certification that you are 18+. To continue the process give a click on it
You also need to agree on the SMS policy only after this you can continue to the next step
You can also provide the referral code in which you will get a reward in return, if you don’t have a referral code you can simply skip it is totally optional
Now click on submit and move forward
Here the blockFI will ask you what is the type of your account there are two options individual and business. You can select the appropriate choice based on your requirements.
Now choose your country and right your phone number then click on continue
Write your date of birth, click on continue
Now you will have to answer some basic questions here blockFI will ask you “what is your source of funds?” Choose your answer then click on continue