The old way of doing things doesn't cut it anymore. With BlockFi, you can use cryptocurrency to earn interest at up to 8.6% APY, borrow cash, and trade currencies. Started in 2017, BlockFi has raised over $150m from investors including Three Arrows Capital, ConsenSys and Galaxy Digital
Get $10 of BTC
Matthew Hui4 years ago
I've been using BlockFi for a few months and would recommend it. It's backed by top tier investors which is why I trusted it with it with my money in the first place. They have security features like 2fa and address whitelisting to prevent hacks. The downside is they need to approve your withdrawals manually.
I've also tried out their trading features. There are no fees but they don't give you the best rates so in the end you end up paying around the same as Coinbase to buy crypto (0.5% fees). They don't have the best selection of crypto to trade but they do have BTC, ETH and LTC. You will also start earning interest on the crypto you buy right away.
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