Your Gateway to Crypto Finance

BlockFi is a cryptocurrency financial services company that provides interest-bearing accounts, crypto-backed loans, and trading services. We enable clients to earn interest on their digital assets, borrow USD using crypto as collateral, and trade cryptocurrencies all through a single platform. Our services are designed to help you maximize the value of your digital assets while maintaining security and transparency.

BlockFi generates yield through institutional lending and market-making activities. When you deposit crypto into an interest account, we lend those assets to trusted institutional borrowers who pay interest. We pass the majority of that interest back to you while keeping a portion as our fee. Your deposits are backed by over-collateralized loans and sophisticated risk management.

Security is our highest priority. BlockFi employs bank-grade security measures including institutional custody with Gemini Trust Company, multi-signature cold storage for the majority of assets, regular third-party security audits, and comprehensive insurance coverage. We also maintain strict compliance with regulatory requirements and industry best practices.

Interest rates vary by cryptocurrency and are subject to change based on market conditions. Currently, Bitcoin typically earns around 4-5% APY, Ethereum earns 4-5% APY, and stablecoins can earn up to 8-9% APY. Rates are tiered based on account balance, and we update them monthly based on market dynamics. Visit our website for current rates.

With BlockFi, you can borrow USD by using your cryptocurrency as collateral. You maintain ownership of your crypto and can benefit from potential price appreciation while accessing liquidity. Loan-to-value ratios typically range from 20-50% depending on the collateral type. There are no monthly payments required - you can repay at any time. This allows you to access cash without triggering taxable events from selling crypto.

BlockFi operates with a transparent fee structure. There are no fees for deposits, withdrawals (one free withdrawal per month), or maintaining an interest account. Trading fees are competitive and clearly disclosed. Loan origination fees are typically 2% or less. We believe in straightforward pricing so you always know what you're paying for our services.

Yes, you maintain full control of your assets. You can withdraw your cryptocurrency at any time with no lock-up periods. We process one free withdrawal per month in each supported cryptocurrency, and additional withdrawals incur a small network fee. Most withdrawal requests are processed within 1-2 business days.

BlockFi supports major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and several stablecoins like USDC, GUSD, and PAX. We also support select altcoins. We regularly evaluate adding new assets based on security, liquidity, and client demand. Check our platform for the complete list of supported cryptocurrencies.