BlockFi Review: easy to-use, transparent crypto provider | ICORating


Wealth management solutions for crypto investors

easy to-use, transparent crypto provider

4 Pending
I've been personally really satisfied with the service. ๐Ÿ’ฐ($๐Ÿ๐ŸŽ ๐ฌ๐ข๐ ๐ง๐ฎ๐ฉ ๐›๐จ๐ง๐ฎ๐ฌ ๐›๐ž๐ฅ๐จ๐ฐ)๐Ÿ’ฐUsing Blockfi is excellent because they have a mobile app and web-version for desktops. Transfers are easy, earning interest is simple, and btc rates for example are very competitive. The best way to use this platform is to buy crypto elsewhere - & transfer that to blockfi.The statements that you get from your account each month are excellent - and can really help investors who are serious about managing and reporting their portfolio.Changing your profile settings (address, phone number etc.) can be a bit cumbersome because you need to go though contacting support.Blockfi has several stablecoins on their platform, but non stablecoin-support is a bit limited to bitcoin, ethereum & litecoin. A big plus goes to Blockfi in a way for not having their native crypto. Despite the benefits of having your own crypto - paying btc interest in btc rather than as your company's native token has to be considered as better transparency. A lot of negative comments towards these kind of service providers usually stem from two different issues:1. people send coins to wrong addresses or they do not make sure that the coin and the chain supported. 2. People complain about withdrawal taking time. "Allowlisting" withdrawal addresses with Blockfi takes some additional time - but in the meantime - it's for your own protection. Did you think my review was helpful? Sign up with my referral code and ๐Ÿ’ฐ๐ž๐š๐ซ๐ง $๐Ÿ๐ŸŽ ๐ฐ๐จ๐ซ๐ญ๐ก ๐จ๐Ÿ ๐œ๐ซ๐ฒ๐ฉ๐ญ๐จ๐Ÿ’ฐ as a bonus by using this referral code:18e3c81e
20 Oct 2020 by Trustpilot

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Total rating
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