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$10USD BONUS on $100USD Deposit and 6% BTC, 8.6% Stablecoins Interest @ Blockfi

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$10USD BONUS on $100USD Deposit and 6% BTC, 8.6% Stablecoins Interest @ Blockfi
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shadowangel on 01/04/2020 - 11:34 blockfi.com (203 clicks)
Last edited 01/04/2020 - 11:59

Referal system update is on the 1st May (next month) Bonus Interest starts April 1st (today)

BlockFi has announced increased interest rates for BTC deposits, now 6% APY which is paid Monthly.

Stable coins are 8.6%

There new referal system is changing on the 1st May, everyone that signs up get $10USD BTC after leaving there 100usd or more deposit in there account for 30 days or more.

New to crypto ?

You can buy USDC from coinspot

Check ozbargin for a referal link to get an extra $10aud.

This offer can be combined with my Celcius, Gemini deal posts.

New Referal System From 1st May

Level 1

For each friend you refer, you and your friend will both earn $10 in BTC

Your friend must deposit $100 or more worth of crypto
Your friend must maintain that balance or greater for at least 30 days
Both of you will earn the bonus payment on the following interest payment day

Level 2

After referring 5 friends (with your 6th referral onward), you’ll earn $20 in BTC, and your referrals will earn $10 in BTC.
Clients who have already successfully referred 5 or more friends, complying with the terms outlined, will be automatically placed in Level 2.

Your friend must deposit $100 or more worth of crypto

Your friend must maintain that balance or greater for at least 30 days
Both of you will earn the bonus payment on the following interest payment day

Financial Cryptocurrency

Related Stores

BlockFi
BlockFi

closed Comments

  • CarbonTwelve on 01/04/2020 - 11:36

    Is this not just a classic Ponzi scheme?

    • shadowangel on 01/04/2020 - 11:37
      +1

      No. They have been operating for sometime with plently of capital. Crypto loans are diffrent to a traditional loan.

      https://www.bloomberg.com/news/articles/2020-02-13/thiel-bac…

      • Bargain Seeker on 01/04/2020 - 12:10

        OP, so we are better to sign up on the 1st of May. If we use a referral now, will it pay out in a month or it won't even activate for a month?

        • shadowangel on 01/04/2020 - 12:13

          By referal your better of starting next month.

    • jjcf on 01/04/2020 - 11:44

      This is more of a trapezoid.

    • Moo Deng on 15/11/2022 - 16:50

      Looks like you were right @CarbonTwelve

  • obavatar on 02/04/2020 - 14:32

    FYI - Crypto.com does 8 to 12% pa interest on TAUD & TUSD stable crypto now.

  • ghoul666 on 20/04/2020 - 15:13

    Crypto.com not as trust worthy as blockfi for sure.

  • MatrixM on 28/07/2020 - 18:36

    any international transaction fees?

    • shadowangel on 28/07/2020 - 19:04
      +2

      There's a fee to convert to Crypto. The cheapest option is wire transfer with Citibank.

      If you have Revolut you can convert AUD>USD at near spot rate then send that to blockfi, they will convert it 1-1 with GUSD. Switch to USDC before you withdraw.

      You could also topup a citibank USD account with Skrill, Instarem, transferwise, worldremit free transfer or free money offers.

      • MatrixM on 29/07/2020 - 22:52

        Thanks man. Might just wait a few days for my ing no international fees to kick in but I should get a Citibank card .

        • shadowangel on 29/07/2020 - 23:19
          +2

          Wire transfer though swift-fedwire, cards are not supported on coinlist. Citibank is one of the only accounts i know off that charge no fees for swift.

          • specks on 19/04/2021 - 17:11

            @shadowangel: im trying to use citibank to transfer into blockfi, but its asking for a fedwire number?

            • shadowangel on 19/04/2021 - 17:17

              @specks: Yes blockfi will send you the number by email. If you need help setting it up let me know. For the first transfer you can send as low as $10usd to test.

  • nardz on 02/08/2020 - 14:19

    Has anybody received their bonus yet?

    • shadowangel on 02/08/2020 - 16:11

      no, it's first working day of the month. They are American so it won't post until late on the 3rd-4th

      • bobwokeup on 13/07/2021 - 00:51

        Did you end up getting your referral bonus and have you been using the exchange since?

    • shadowangel on 02/08/2020 - 16:12

      You will get an email notification, like last month

    • shadowangel on 04/08/2020 - 11:06

      You should have been paid this morning. keep your crypto. I recommend Gemini for BTC and download Argent Wallet for stable coins/eth.

      Both these wallets pay withdrawal fees

      • Slut on 10/12/2020 - 00:26

        How’s your portfolio?

  • specks on 18/04/2021 - 00:07

    for the deposit of 100usd, does that have to be in usd, or can it be done via coins?

  • bobwokeup on 05/08/2021 - 00:37

    Are all the referral codes a “specific partner referral code” as per their promotions page?

    • shadowangel on 05/08/2021 - 00:40

      No, partner codes are diffrent. I have seen a few on Twitter there may be other platforms you can find them

      • bobwokeup on 05/08/2021 - 00:56

        I see thanks shadowangel

      • bobwokeup on 05/08/2021 - 21:59

        PS I stupidly just realised it is only $15 under the partner offers so I'd rather it $10 and someone on OzBargain go the referral.

  • Moo Deng on 04/11/2021 - 22:53

    What’s the best way to get BTC into BlockFi? Transfer from another exchange? Which would have the least fees?

    • bobwokeup on 05/11/2021 - 00:34

      Doesn’t have to be BTC, can be any crypto. I personally used FTX (formerly Blockfolio) as there are no withdrawal fees but there are other options out there.

    • shadowangel on 05/11/2021 - 01:14
      +1

      Fastest is ftx, it is possible to transfer USD directly if you have a citibank account, simply do a wire transfer.

      • Preppin4death on 13/11/2021 - 15:22

        Do you know if I can convert and transfer $AUD, from ANZ, into BlockFi as $USD (so money enter BlockFi as $USD)?

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