Blockfi Tested and Reviewed!
Now Presenting
BlockFi was founded in 2017 it’s goal wasn’t to replicate the banking industry using cryptocurrency. From that founding date, they have released a vast variety of features to help people in the cryptocurrency realm utilize the full potential of the crypto tokens that they currently are holding. They have a large list of initial investors that have helped fund Blockfi such as well know companies such as Fidelity, Coinbase, Morgan Creek, and many others!
Pro’s:
- Great rate!
- Nice website interface!
- Supported by well-trusted investors!
- Can convert Crypto on the platform!
- Compounds monthly!
- Can take loans on up to 50% of your deposited crypto
- New mobile app!
- Free first withdrawal
Con’s:
- Withdrawal fees can be high
- Withdrawal can take up to 7 days
- Some local restrictions
Overall Rating: 9/10 – Until they release an app this won’t be a 10/10!
