As far as I know, this is the only platform that is paying for your cryptos investments. They are linked to gemini.com and if you exchange to USG or Gemini stable coin you will get a whopping 8.6% interest annually, payout via cryptos that is, and if you need usd then you can sell it and make sure you pay tax.
On Friday, September 13, 2019, 04:51:21 PM EDT, BlockFi Product Updates [email protected] wrote:
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BlockFi Removes Minimums and Fees for Its Crypto Interest Account
NoMin
We are excited to announce today that we have removed all minimums in the BlockFi Interest Account (BIA). BIA clients will no longer have to meet a minimum deposit amount in their Bitcoin, Ether, or GUSD balances in order to earn interest. Additionally, we have removed the early withdrawal penalty from the account and are now offering one free withdrawal per month for all clients.
Due to client feedback and the increasing demand for the BlockFi Interest Account, we have decided to remove the minimum to earn interest to make our products more widely available to all crypto investors. Dropping the minimums to earn interest will allow crypto investors holding any amount of Bitcoin, Ether, or GUSD the opportunity to benefit from our wealth management offerings.
Deposit More Crypto
Although there is no longer a minimum balance required to earn interest, accounts are still subject to Gemini’s withdrawal minimums: 0.003 BTC and 0.056 ETH. Withdrawals for balances smaller than these amounts may take up to 30 days to process.
Copyright © 2019. BlockFi, All rights reserved.
Contact Us:
E: [email protected]
T: (646)-779-9688
M: 201 Montgomery Street, Second Floor, Suite 263
Jersey City, New Jersey 07302
*All USD values are based on the current price available from Gemini.
Disclaimer: This is a marketing email developed as marketing material for the BlockFi brand. Some of our emails may contain marketing links, which means we will receive a commission for purchases made via those links. Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. All Interest Account balances are stored in a custodial account with Gemini.
For more information please see BlockFi’s Terms of Service.
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