Based on the latest news update released by blockfi.com through email. It appears that blockfi.com becoming an Bitcoin and other Cryptocurrencies exchange? If I’m not mistaking now users can exchange their Cryptocurrencies from Bitcoin (BTC) to Ethereum (ETH) to GUSD (Gemini stable coin)? appears to be just those 3 coins for now. I believe this is good news, some clever people might be able to make money out of this. Although blockfi.com so far does not deal with fiat and the coins in cold storage with Gemini, so maybe there are opportunities here to arbitrage sort of. I don’t know, I have a feeling of something here not sure if it’s good bad, or a sign of something? but for sure blockfi.com is not a scam like those other high yield investment program, ponzi scheme scam like arbitraging.co apex apx and so on. Blockfi might on to something here, but at the moment just trading between the three BTC ETH GUSD which makes sense because they only allow those three coins holding to get interest.
On Thursday, December 5, 2019, 08:40:01 PM EST, BlockFi Product Updates <[email protected]> wrote:
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Introducing BlockFi Trading
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We’re excited to announce the launch of BlockFi Trading. You can now trade your BTC, ETH, and GUSD while simultaneously earning compound interest (paid out in the currency of your choice).
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For any questions regarding Trading, you can contact us at [email protected] or +1 646-779-9688.
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E: [email protected]
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*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 product rates 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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