Find the latest BlockFi promotions, bonus offers, and savings here.
BlockFi often has promotions that helps new and existing users. With this crypto service, you will have access to zero-fee trading, interest accounts and crypto-backed loans.
Many cryptocurrency investors store their digital assets on a hardware wallet or a fiat-to-crypto exchange. Although this is standard, it won’t build your wealth over time, which is the reason for investments.
This is where BlockFi shines because it is a simple and secure platform that aims to bridge the gap between between cryptocurrency and traditional finance, giving you a new way to grow your wealth.
(Get up to $250 bonus)
About BlockFi
BlockFi helps crypto investors manage digital assets and earn crypto by offering crypto backed loans and crypto interest accounts.
BlockFi holds clients’ Bitcoin and Ether with a registered custodian and issuing loans in USD to their bank accounts. Currently operating in beta launch, lending in 35 US states to retail investors and companies.
BlockFi Features
BlockFi provides a large variety crypto services. These services include interest-earning crypto accounts, low-cost USD loans secured with crypto, a cryptocurrency trading platform and the ability to purchase stablecoins using USD wire transfers.
Interest Accounts
Blockfi Interest Accounts
A BlockFi Interest Account allows for you to store cryptocurrency and earn interest on your capital invested through the platform. The interest amount depends 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% |
Earn a monthly interest at the start of every month when you store your crypto assets with Blockfi. Interest begins to accrue the day after you deposit and is compounded monthly. There is no required minimum (and no maximum) for investments.
BlockFi Crypto Backed Loan
BlockFi allows you deposit your crypto as collateral in order to get US Dollars. You;re able to get funds without liquidating your assets or triggerng taxable events through same-day loans. Here’s a break down of how it works:
- Apply, lock down your terms and get a decision within a few hours.
- Send your crypto assets to BlockFi’s secured storage address.
- The platform will send the funds to your bank account.
- Make monthly interest-only payments in dollars or crypto. At the end, pay back the principle or refinance.
The BlockFi loan interest rate correlates to the loan-to-value (LTV) ratio that you choose. This is determined by the amount of collateral you need to deposit in order to take out the loan.
| Cryptocurrency | Amount | Origination Fee |
| 50% LTV | 9.75% | 2% |
| 35% LTV | 7.9% | 2% |
| 20% LTV | 2.5% | 2% |
BlockFi Trading Platform
You can utilize the platform to trade cryptocurrencies and switch between pairs. With a BlockFi account, you can earn compound interest as you trade between crypto assets. In addition to this, there is no fee to trade.
BlockFi Wire Transfer
The platform allows you to send cash deposits through wire transfer in order to purchase stablecoins directly. This feature helps you easily start investing in cryptocurrencies, even if you’re a rookie!
Cash deposits are automatically exchanged into GUSD, which you can then convert into the crypto of your choice.
BlockFi Fees
There is no fee to trade between cryptcurrencies. However, there are fees and limits when it comes to withdrawl on BlockFi Interest Accounts. Here is a list of fees and limits:
| Cryptocurrency | Withdrawal Fee | Withdrawal Limit |
| Bitcoin (BTC) | 0.0025 BTC | 100 per week |
| Ether (ETH) | 0.0015 ETH | $5k per week |
| Litecoin (LTC) | 0.0025 LTC | $10k per week |
| Stablecoins | $0.25 | $1M per week |
Earn Up to 8.6% APY on your Crypto
Earn Up to 8.6% APY
With BlockFi, you can earn up to 8.6% APY on your Crypto! There’s no minimum balance required to earn interest, so start earning monthly interest payments in the asset-type that you deposit with BlockFi.
The interest earned in your BIA will be paid out at the beginning of every month. Interest is automatically set to be paid in the client’s deposited currency – meaning Bitcoin will earn Bitcoin, Ether will earn Ether, etc.
(Visit BlockFi to learn more about its services)
Up To $250 Bitcoin Bonus
BlockFi is having a scary good promotion a where you can get up to $250 in BTC when you deposit $25 or more in crypto. This is a great way to earn some money, especially if you’ve been looking into opening a BlockFi account.
- Offer expiration: N/A
- What you’ll get: Up To $250 Bitcoin Bonus
- $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
- How to get it:
- Sign up here to get your bonus
- Create a BlockFi account.
- Deposit $25+ worth of crypto to your BlockFi Interest Account.
- Offer terms:
- New BlockFi clients who sign up with a specific partner referral code and fund their account during the promotion period (current calendar month ending at 23:59:59 UTC on the last day of the month) are eligible to receive a tiered bonus paid in BTC.
- To be eligible for the promotion, this must be your first ever deposit in the BlockFi Interest Account, and you must maintain a $25+ crypto balance through the 14th of the month at 23:59:59 UTC two and a half months from the month of eligibility in order to remain eligible.
- 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.
(Visit BlockFi to learn more about the Halving2020 Promotional Offer)
BlockFi Earn $25 For Depositing $500+
Fund your BlockFi Interest Account (BIA) for the first time to earn a special bonus.
- Account Type: TradeStation
- Availability: Nationwide
- Hard Inquiry: None listed
- Bonus Requirements: See below
- Closing Account Fee: None listed, check with CSR for more information
- Terms:
- New BlockFi clients who signup with a specific partner referral code and fund their account during the promotion period (current calendar month ending at 23:59:59 UTC on the last day of the month) are eligible to receive $25 in USDC.
- Clients must deposit at least $500 worth of crypto into any BlockFi currency wallet and hold it through the 14th at 23:59:59 UTC of the following month in order to remain eligible.
- Payouts are on the 15th of every month.
- If the 15th falls on a weekend, then the payout will occur by the end of the next business day.
- Offer can’t be combined with other promotions.
- BlockFi Interest Accounts are available in most countries worldwide and all U.S. states other than NY.
- Geographical restrictions may apply.
- Terms are subject to change.
(Learn more at BlockFi)
$10 Sign-Up Bonus
Get a $10 Sign-Up Bonus
For a limited time, BlockFi is having a promotion a where you can get $10 when you sign up for their services. On top of that, you can earn $10-$20 in bitcoin for every person that you refer to BlockFi. This is a great way to earn some money, especially if you’ve been looking into opening a BlockFi account.
- Offer expiration: Limited time offer
- What you’ll get: $10 Sign-Up Bonus & $10-$20 Per Referral
- How to get it:
- Use a referral link to sign up
- Enter the code in the Referral Field if it doesn’t automatically load.
- Create a BlockFi account.
- Deposit $100+ worth of crypto to your BlockFi Interest Account.
- Share your referral link with friends for the referral bonus
- Use a referral link to sign up
- Offer terms: Referral must maintain a $100+ minimum balance in any type of crypto or stablecoin for at least 30 days after initial deposit.
(Visit BlockFi to learn more about the Halving2020 Promotional Offer)
BlockFi $10 – $20 Per Referral
If you’re loving this platform, then share it with your friend and family. Valid for a limited time, BlockFi is offering a promotion where you can earn $10 – $20 Per Referral. All you have to do is follow the steps we have below.
- Offer expiration: Limited time offer
- What you’ll get: $10 Sign-Up Bonus & $10-$20 Per Referral
- How to get it:
- Once you have an active account log in to find the “Refer a Friend” option.
- You can share your personal referral link, or share via Facebook/Twitter.
- For every new friend that signs up using your unique referral code and deposits $100+ worth of crypto, you will each earn $10 in BTC.
- Your friend will need to hold the qualifying balance at least 30 days until the following interest payment day to qualify you both for the bonus.
- After 5 qualifying referrals, you will start earning a $20 BTC bonus
(Visit BlockFi to learn more about the Halving2020 Promotional Offer)
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Bottom Line
BlockFi is a non-bank lending company which provides fiat currency loans, secured with cryptocurrency collateral.
They also offer cryptocurrency interest accounts, which pay competitive interest rates on deposits including BTC, ETH and USDC.
See more cryptocurrency promotions here, including offers from Coinbase, Gemini, Voyager and Swan.
(Visit the link above to apply to BlockFi)
To add on, we’ve written several other similar Cryptocurrency Promotions, you can check out Celsius, Xapo, or Purse’s! If you’re interested in more investment opportunities, check out our best brokerage bonuses and promotions! If you want to learn how to ear more money, check out the best ways to make money online!
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