This was posted 2 years 10 months ago, and might be an out-dated deal.

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Blockfi Refer-a-Friend: Deposit and Hold US$100 for 30 Days, Receive US$40 Bonus

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Please make sure the Referral code is filled, you can copy this from the link ?ref=(Referral Code), It's also possible to apply after registration our name -> profile settings -> referrals.

Update - the recently promoted refer-a-friend promo for non-US based clients will be ending on February 10th, 2022 at 01:59:00pm UTC.

If you're a non-US based client and you invite another non-US based friend to join BlockFi, you'll both earn $40 in bitcoin after they fund their BlockFi Account! 1

1) Sign up using one of the referral links below.
2) Register and fund your account. By crypto or fiat.
Using Citibank it is possible to deposit USD directly using Wire transfer.
3) Wait 30 days

The following assets are fee free to withdraw 1x per month
BTC, LTC,GUSD, USDC, BUSD, PAX, DAI, USDT

Blockfi fees.
https://blockfi.com/fees/

  • non-US referee will be eligible to receive the $40 in bitcoin bonus from 00:00:01 UTC on February 3rd 2022 to 23:59:59 UTC on February 28th 2022.

  1. Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender and is not backed by the government. For the purposes of this promotion, BlockFi Account refers to either the BlockFi Wallet or the BlockFi Interest Account. The referee must transfer and hold at least $100 in any type of cryptocurrency or stablecoin in a BlockFi Account for 30 days, otherwise neither the referrer or referee will be eligible to receive the payment. Referral payments are made to both the referrer and the new client they referred on the second Friday of every month after the 30 day holding period. From 00:00:01 UTC on February 3rd 2022 to 23:59:59 UTC on February 28th 2022, if both the referrer and the referee are non-US residents, both will get $40 in BTC total under the same conditions that the referee must transfer and hold at least $100 in any type of crypto currency or stablecoin in a BlockFi Account for 30 days. If the referrer is a BlockFi Rewards Credit Card holder, both the referrer and the referee will get an additional $30 in BTC on top of the base Refer-a-Friend program rewards, under the same conditions that the referee must transfer and hold at least $100 in any type of cryptocurrency or stablecoin in a BlockFi Account for 30 days. For the first 5 friends a client refers, the referrer (client) will earn $10 in BTC per referral and referees (new referred clients) will be paid a one time bonus of $10 in BTC. After a referrer has achieved 5 successful referrals to BlockFi, each subsequent referral will earn them an extra $10 in BTC on top of the original referral reward after the qualifying balance has been met. Each new referee will still only earn a one time bonus of $10 in BTC. This program is subject to change at any time without notice and will only pay bonuses to referrals that BlockFi deems eligible. Unless otherwise noted, this offer cannot be combined with other concurrent promotions. Examples of ineligible referrals shall include (but are not limited to) using your referral code in any paid promotion methods such as Google Ads, Facebook Ads, banner ads or other paid channels. In addition, a client is not permitted to refer to themselves or legal entities within their control, or use any other method to game the referral program for repeat bonus payments. If a client is suspected of referral fraud in any way, BlockFi reserves the right to remove the referrer from the program, void any past and future bonus payments, and take any other related action it deems appropriate. 

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closed Comments

  • +1

    Nice offer, just beat me to posting it :)

  • what are the charges for citibank to wire money into a USD account?

    • You only pay the spread, which is not much on 100usd. There are no sending fees with Citibank. It takes 1-2 days to transfer (Business days.)

    • can't you just send $100 worth of crypto from an exchange?

      • +1

        yes
        BTC, LTC,GUSD, USDC, BUSD, PAX, DAI, USDT have 1x free withdrawal a month on blockfi and will work for this promotion.

        don't send eth or the other assets that don't have a free withdrawal.

  • -1

    lol prepare to lose all your money

    • Blockfi is well funded but there is always that risk with lending.. https://blockfi.com/investors/

      • +1

        Search twitter for "blockfi delays" - Seems like a suspicious number of people whose interest is not being paid out

        Also the fact that they're soliciting "non-US" depositors only is suspicious (possibly due to the SEC investigation stopping them taking US deposits soon?)

        There is no explanation for how the yield they pay out can be sustainable without it being a ponzi scheme

        Best of luck with it but I wouldn't touch it with a barge pole

        • +1

          They don't service US citizens because the SEC is a bunch of 🤡.

          • @rektrading: America is different in that every state has there own set of rules to follow. Very few exchanges operate in all states. Most exchanges will ask if your American and show you the back door. As we are not American, it doesn't matter what the SEC think. As for Blockfi delays, that's just blockfi policy. It's mentioned on the blockfi website with what's happening with the sec which is also happening to many exchanges and other lenders.

    • That's not true! Crypto is a long term play. Play smart and you'll gain in the end.

  • -1

    Get more if your friend has a BlockFi Credit Card

    If the person who invited you has a BlockFi Rewards Credit Card, you will each an additional $30 in bitcoin after funding your account.

  • How does the interest rate on assets compare to Nexo?
    Couldn't find a breakdown per assets for a side-by-side comparison

  • How can I get a referral code? when I click it takes me to the advertisement page, but I need the code for the enrolment page.

    • It should autofill , however when you click the link on ozbargin at the end of the link will be ?ref=Code
      just copy the code into the box.
      Doesn't seem to auto fill unless it's hidden, i have reported it

      • Yeah, I had that same issue… had to go back one page, copy code and paste onto the signup page.

        • Blockfi will apply the code if you contact them by email. I'm not sure if it's still applied somehow, maybe a cookie or hidden field somewhere.

          • @shadowangel: Reading the T's & C's and "BlockFi Account" refers to either the Interest Account or the Wallet it seems, so if you wanna earn interest on the $100 USD + value of whatever you're holding there, you can transfer to the Interest Account and still qualify for the signup bonus.

            Makes sense for people to do this if they're not already.

      • I didnt do this upon sign up, left the referral code blank. But did click through a referral link. I hope i still get the bonus

        • +1

          Contact Blockfi, see if it was applied if not copy a new one from the list and have them apply it to your account (they will do this for you)

  • Just don't expect to be able to withdraw your money after.

  • I guess a promo where they are offering 40% as a simple sign up should raise sustainability red flags.

    • +1

      pretty normal for crypto sites

      • Banks also do promotions with no deposit. 40% can be had on chain for some assets, no need for any website.

  • Does anyone have the blockfi credit card?

  • Desperate to keep the ponzi from collapsing and need your money to keep it afloat a bit longer.

    • It's a longterm play! Those who get in at then will wish they'd got in now.

      • Yeah I'm not sure if thats targeted at blockfi or crypto.

  • I've got blockfi, it's good! But there are better gains on other platforms.

  • Good offer guys! Some better rates wouldn't go astray.

  • It seems blockfi is aware of the referral links not tracking correctly. To apply after registration
    click name -> profile settings -> referrals.
    or you can email blockfi directly to apply the code to your account.

  • Update; this promotion seems to be ending early, waiting for a confirmation.

    • We are letting you know that the recently promoted refer-a-friend promo for non-US based clients will be ending on February 10th, 2022 at 01:59:00pm UTC.

      You will have until then to qualify under the existing promotion terms.

      • Thanks, I received an added it last night to the original post.

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