Keep in mind that there are fees associate to withdrawing your interest investment. It’s not much if you have big investment, since it’s fix fees not by percentage. So let say if you have a balance of 1 bitcoin, and when you withdraw your account, you will be charge with fee at 0.0025 bitcoin, that’s about $25 or so today, so do your math carefully before you put money into Blockfi.com, although they’re not ponzi or scam hyip, they do have fees.
BlockFi Newsletter <[email protected]>
Jan 30 at 12:56 PM
Starting 2020 Strong
January 30 Monthly Newsletter
January has been a great start to 2020. We started the year by adding support for USDC and Litecoin, receiving Money Transmitter Licenses (MTLs) in Alabama and New Hampshire, and more.
To provide further accessibility to our clients, we decided to extend our one free withdrawal per month policy. Clients will now receive one free stablecoin withdrawal in addition to one free crypto withdrawal per month. This is in line with our vision to bring our clients the best prices in the market.
Clients will be receiving their BlockFi Interest Account (BIA) interest payment on the first business day of this coming month (February 3, 2020).
Litecoin and USDC Support Added
We’re happy to announce support for USD Coin (USDC) and Litecoin (LTC) across our product portfolio, allowing our global user base of individual and institutional investors to trade and earn interest at industry-leading rates as high as 8.6% APY. Additionally, we’ve partnered with the Litecoin Foundation to ensure that the most value is being delivered to our clients using Litecoin.
START TRADING NOW
Alabama and New Hampshire MTLs
This month we received Money Transmitter Licenses (MTLs) in Alabama and New Hampshire. Residents of Alabama and New Hampshire can now create BlockFi Interest Accounts and use Trading.
Rate Change 12220
Starting February 1st, 2020, we are implementing rate changes. The rate changes will impact clients of all sizes. Our rates remain the highest in the industry and we’re the only retail-focused interest earning platform that is U.S. domiciled and regulated, institutionally backed, and that does not have a utility token. You can read more about the adjustments here.
BlockFi Live Featuring Rene van Kesteren
Our CEO and Founder Zac Prince sat down with BlockFi’s Chief Risk Officer Rene van Kesteren to talk about how we approach providing world class service in the most secure way possible.
If you’d like to be notified about future BlockFi Live broadcasts you can sign up here.
No Origination Fees on Loans
For a limited time, we’re offering crypto-backed USD loans with no origination fees for new and existing clients that originate a new loan of $5,000 or more. This means you can get cash without having to sell your crypto. Until maturity, clients are only responsible for monthly interest payments, nothing else. It’s simple, easy, and has never been more cost effective to get a USD loan with your crypto.
On top of no origination fees, we have lowered our already industry leading rates for a limited time to the following:
50% LTV | 9.75% APR
35% LTV | 7.9% APR
20% LTV | 4.5% APR
This offer ends 2/14/20 23:59:59 UTC. View full terms here.
CALCULATE MY LOAN
Our support team is always happy to help. If you ever have any questions, call us at +1 (646) 779-9688 or email us at [email protected]
Copyright © 2019. BlockFi, All rights reserved.
201 Montgomery Street, Second Floor, Suite 263
Jersey City, New Jersey 07302
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. Cryptoassets are deposited into an account with Gemini or BitGo, our primary custodians and licensed depository trusts.
For more information, please see BlockFi’s Terms of Service.
*All USD values are based on the current price available from Gemini
BlockFi, 201 Montgomery Street, Second Floor, Suite 263, Jersey City, NJ 07302, USA, 646-779-9688
BlockFi Fee Schedule
Withdrawal Limits & Fees
100 per 7-day Period
5K per 7-day Period
10K per 7-day Period
1M per 7-day Period