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BlockFi vs Betterment

BlockFi is a good custodian for earning interest on crypto. How does it compare to Betterment? Read our comparison chart below.

BlockFi offers cryptocurrency borrowing and lending services. While their exchange is quite limited, their main products are their interest accounts and crypto-backed loans. They also have a crypto rewards card.

While Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

Compare BlockFi with Betterment, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 BlockFiBetterment
 Visit SiteVisit Site
 

BlockFi

Betterment

SPECIAL OFFER
Get Up to $250 in Bonus BTC - Learn More

Read BlockFi Review

SPECIAL OFFER
Get up to 1 Year Managed Free - Learn More

Read Betterment Review

 

Benefits and Features

Annual Fee 
  • 0.25% for accounts under $100,000
  • 0.40% for accounts $100,000+
Minimum Deposit 
$0
Phone Support 
Yes
Live Chat Support 
No
Email Support 
Yes
Human Advisors 
Yes ($100k minimum)
Robo Advisor 
Check
Assets Under Management 
$14 Billion
Tax Loss Harvesting 
Yes
Goal Tracker 
Yes
Automatic Deposits 
Yes
Bitcoin (BTC) Interest Rates
0.1% - 4.5%
 
Online Platform 
Yes
Ethereum (ETH) Interest Rates
0.25% - 5%
 
iPhone App 
Yes
Android App 
Yes
Litecoin (LTC) Interest Rates
0.1% - 4.75%
 
Tether (USDT) Interest Rates
8.5% - 9.5%
 
USD Coin (USDC) Interest Rates
8% - 9%
 
Mobile App
Yes
Yes
Two-Factor Authentication
Yes
 
Binance USD (BUSD) Interest Rates
8% - 9%
 
Dai (DAI) Interest Rates
8% - 9%
 
Gemini Dollar (GUSD) Interest Rates
8% - 9%
 
Paxos Standard (PAX) Interest Rates
8% - 9%
 
Single Stock Diversification 
No
Fractional Shares 
Yes
Taxable Accounts 
Yes
401k Plans 
Yes
IRA Accounts 
Yes
Roth IRA Accounts 
Yes
SEP IRA Accounts 
Yes
Trust Accounts 
Yes
529 Plans 
No
 

CreditDonkey® Reviews

 BlockFiBetterment
Cryptocurrency TradingStarStarStarEmpty StarEmpty Star
Interest AccountsStarStarStarStarEmpty Star
Crypto LoansStarStarStarStarEmpty Star
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarHalf Star
Ease of UseStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarStar
Annual FeeStarStarStarStarHalf Star
Minimum DepositStarStarStarStarStar
Human AdvisorsStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Earn up to 9% APY on cryptos
  • No commissions (only charges a spread)
  • Crypto-backed loans
Cons:
  • Only supports 8 coins
  • Withdrawal restrictions
  • Slow withdrawal times (up to 7 days)
Pros:
  • No minimum investment
  • Many customized portfolios
  • Automatically invest extra funds
Cons:
  • Limited investment options
  • High fees for large investors
Bottom LineGood custodian for earning interest on crypto... Read full reviewGreat robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

BlockFi: Pricing information from published website as of 06/30/2021.

Betterment: Pricing information from published website as of 04/04/2018

BlockFi

Get Up to $250 in Bonus BTC

DepositCrypto Bonus
$100 - $1,499$15
$1,500 - $19,999$20
$20,000 - $39,999$40
$40,000 - $74,999$75
$75,000 - $99,999$100
$100,000+$250

BlockFi

Crypto Interest Account - Earn up to 9% APY

  • No hidden fees
  • No minimum balances
  • Buy, sell or exchange cryptocurrencies
BlockFi

CryptocurrencyAmountInterest (Paid Monthly)
Bitcoin (Tier 1)0 - 0.10 BTC4.5% APY
Bitcoin (Tier 2)> 0.10 - 0.35 BTC1.0% APY
Bitcoin (Tier 3)> 0.35 BTC0.1% APY
Ethereum (Tier 1)0 - 1.5 ETH5% APY
Ethereum (Tier 2)> 1.5 - 50 ETH1.5% APY
Ethereum (Tier 3)> 50 ETH0.25% APY
Litecoin (Tier 1)0 - 20 LTC4.75% APY
Litecoin (Tier 2)> 20 - 1001% APY
Litecoin (Tier 3)> 100 LTC0.1% APY
USD Coin (Tier 1)0 - 40,000 USDC9% APY
USD Coin (Tier 2)> 40,000 USDC8% APY
Gemini Dollar (Tier 1)0 - 40,000 GUSD9% APY
Gemini Dollar (Tier 2)> 40,000 GUSD8% APY
Tether (Tier 1)0 - 40,000 USDT9.5% APY
Tether (Tier 2)> 40,000 USDT8.5% APY

Betterment

Get up to 1 Year Managed Free

New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.

Betterment

Get 1 Month Managed Free

Deposit $15,000 - $99,999 within 45 days and get 1 month managed free

Betterment

Get 6 Months Managed Free

Deposit $100,000 - $249,999 within 45 days and get 6 months managed free

Which is Better: BlockFi or Betterment?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing BlockFi or Ally Invest.


Articles on BlockFi

BlockFi Review

BlockFi lets you earn interest and borrow against your cryptocurrency. But is it safe? Read on to find out.

How Does BlockFi Work

BlockFi is a popular crypto platform offering high interest accounts and the ability to take loans against the value of your coins. Find out how it works.

How Does BlockFi Make Money

BlockFi lets you earn interest on your crypto and take loans against the value of your coins. But how does BlockFi make money? Keep reading to find out.

BlockFi Fees

Interested in taking advantage of BlockFi's interest accounts or crypto-backed loans? Before you take the leap, understand the fees they charge.

BlockFi vs Crypto.com

Looking to earn interest on your crypto or get a crypto-backed loan? Find out whether Crypto.com or BlockFi is right for you, plus the pros/cons of each.

BlockFi vs Nexo

Nexo and BlockFi both let you earn interest and take loans against your cryptocurrency. But which one is right for you? Read on to find out.

BlockFi vs Celsius

Celsius and BlockFi are cryptocurrency lending and borrowing platforms where investors can earn interest on their crypto holdings. But which is right for you?

Articles on Betterment

Betterment Review

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

Betterment Returns

Betterment has low fees and is good for beginners. But what about their returns? Let's take a look at this robo-advisor's performance.

Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Which Do You Think is Best?





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