Save money and be informed. CreditDonkey is a crypto comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

BlockFi vs Celsius Network

BlockFi is a good custodian for earning interest on crypto. How does it compare to Celsius Network? 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 Celsius Network is a crypto banking service with the ability to earn interest on a range of cryptocurrencies and stablecoins, paid weekly. They offer crypto-backed loans and facilitate the ability to pay and get paid in crypto.

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

 BlockFi
 Visit SiteLearn More
 

BlockFi

Celsius Network

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

Read BlockFi Review

SPECIAL OFFER
Earn $10 BTC - Learn More

Read Celsius Network Review

 

Benefits and Features

Minimum Deposit
$0
 
Cryptocurrencies SupportedBitcoin, Ethereum, Litecoin, Chainlink, PAX Gold, USDC, Binance USD, PAX, GUSD, BAT, DAI, UNIBitcoin, Ethereum, USDC, Gemini Dollar, Paxos Standard, LINK, BAT, COMP, UMA, SNX, AAVE, Bitcoin SV, Bitcoin Cash, Litecoin, Mana, Uniswap, Polygon, Livepeer, Kyber Network, Binance USD, Ethereum Classic, EOS, TrueCAD, TrueHKD, TrueAUD, TrueGBP, TrueUSD, USDT, 0x, DAI, PAX Gold, OMG Network, Stellar, Ripple, Dash
Countries SupportedWorldwide, except for countries that are sanctioned or watch-listed
Over 100
Fiat Currencies Supported
USD
USD, AUD, GPB, EUR, CAD, CHF, DKK, NZD, NOK, SEK, RUB, BRL, CZK, RON, HUF, HKD, BGN, TRY, INR, IDR, HRK, PHP, MYR, ZAR, JPY, PLN, VND, ISK, CLP, COP, ARS, PEN, KES, TWD
Digital Wallet
Yes
Yes
Transaction Fee
No
No
Copy Trading
No
No
Limit Orders
No
No
Margin Trading
No
No
Spread
0.7% - 1.5%
1%
Interest AccountsUp to 7.5% (Not Available in US)
Up to 18.63%
Crypto Loans
Yes
Yes
Bitcoin (BTC) Interest Rates
2% - 3.5%
3.51 - 6.20%
Ethereum (ETH) Interest Rates
2% - 3.5%
5.05 - 6.35%
Bank Account Purchase Fee
No
No
Litecoin (LTC) Interest Rates
0% - 2%
4.08 - 5.33%
Debit Card Purchase Fee
No
No
Tether (USDT) Interest Rates 
13.19%
USD Coin (USDC) Interest Rates
6% - 7.5%
10 - 13.19%
Mobile App
Yes
Yes
ACH Transfer Fee
No
0.1%
Wire Transfer Fee
No
0.5%
Crypto Conversion Fee
No
No
Withdrawal FeeVaries based on cryptocurrency: 0.00075 BTC, 0.015 ETH, 0.001 LTC 
Other Fees2% Origination Fee on crypto-backed loansCredit Card Fee: 3.5% or $10 minimum fee; or 2.99 for EEA and UK residents
Address Allowlisting
Yes
Yes
Anonymity
No
No
Biometric Login
Yes
Yes
Cold Storage
Yes
Yes
Maximum Trading AmountSingle-trade limit of $1.2m USD or equivalent
No
Two-Factor Authentication
Yes
Yes
Withdrawal Limit7-day Withdrawal Limit varies by cryptocurrency: 100 BTC, 5,000 ETH, 10,000 LTC.
Up to $5,000 USD via direct bank withdrawal
$1 USD minimum; $600,000 USD limit per 24 hours
Binance USD (BUSD) Interest Rates
6% - 7.5%
 
Dai (DAI) Interest Rates
3.5% - 6%
 
Gemini Dollar (GUSD) Interest Rates
6% - 7.5%
 
Paxos Standard (PAX) Interest Rates
6% - 7.5%
 
 

CreditDonkey® Reviews

 BlockFi
Cryptocurrency TradingStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
Interest AccountsStarStarStarStarEmpty StarStarStarStarStarHalf Star
Crypto LoansStarStarStarStarEmpty StarStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf StarStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarHalf StarStarStarStarStarHalf Star
Ease of UseStarStarStarStarEmpty StarStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarStarStarStarStarStarHalf Star
Pros & ConsPros:
  • Earn crypto rewards
  • No commissions (only charges a spread)
  • Excellent customer service
Cons:
  • Only supports 8 coins
  • Withdrawal restrictions
  • Slow withdrawal times (up to 7 days)
Pros:
  • High rates on interest accounts
  • Low fees
Cons:
  • Limited features on exchange
  • App slightly difficult to use
Bottom LineGood custodian for earning interest on crypto... Read full reviewLow fee exchange with competitive rates on crypto-backed loans and interest accounts... Read full review
 Visit SiteLearn More

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 07/01/2022. BlockFi Interest Accounts are not available in the United States.

Celsius Network: Pricing information from published website as of 05/04/2021.

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

BlockFi Rewards Visa® Signature Credit Card

  • Earn 1.5% back in crypto on every single purchase.
  • No annual fee. No foreign transaction fees
  • Know if you're approved without affecting your credit score. A soft credit pull happens before you've accepted the credit card offer. A hard credit pull occurs when you've accepted your credit card offer, which can have an impact on your credit score.
  • Earn 2% back in crypto on every purchase over $30,000 of annual spend. Rewards rate increases from 1.5% to 2% after $30,000 of spend has been achieved and resets on the card anniversary date every year.
  • On top of the rewards you get from BlockFi, your BlockFi Rewards Visa Signature card gives you instant access to once-in-a-lifetime travel, fine wine and food, sporting events, shopping and more.
  • Your BlockFi Rewards Visa Signature card comes with 24/7 access to your Visa Signature® Concierge* for assistance booking travel, transportation, accommodations, event tickets—even restaurant reservations and golf tee times.
BlockFi

$250 Bitcoin Bonus When You Fund Your New Account

New BlockFi clients who sign up with a specific partner referral code and fund their account during the promotion period (current calendar month ending at 23:59:59 UTC on the last day of the month) are eligible to receive a tiered bonus paid in BTC.

To be eligible for the promotion, this must be your first ever transfer to the BlockFi Wallet and you must maintain a $100,000+ account balance through the 14th of the month at 23:59:59 UTC two and a half months from the month of eligibility in order to remain eligible.

Eligible payouts occur on or before the second Friday of every month on a rolling basis. The bonus will be paid in BTC based on the prevailing market price at the time of payment. Payout will be based on your average daily balance (USD equivalent) maintained through 23:59:59 UTC on the 14th of the month you are eligible to be paid on. Any withdrawals made before 23:59:59 UTC on the 14th of the month you are eligible to be paid out on may affect your tier.

There is a maximum of one bonus per client. This offer is not valid in conjunction with any other current or past promotions and the promo code on the account will be used to determine promo eligibility for new accounts.

Which is Better: BlockFi or Celsius Network?

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

In short: Celsius Network's cryptocurrency trading is noteworthy.


Articles on BlockFi

BlockFi

BlockFi lets you buy, sell, earn and borrow 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 Celsius Network

Celsius

Celsius is a cryptocurrency lending platform where investors can earn interest on their crypto and use it as collateral. But is it safe? Read on to find out.

Crypto.com vs Celsius

From trading crypto to earning interest on your coins, there's a lot you can do with Celsius and Crypto.com. But are they safe and legit?

Which Do You Think is Best?





You Might Also Like

How to Get Free Cryptocurrency

How to Get Free Cryptocurrency

Looking for ways to get crypto without breaking the bank? You may be surprised to find there are places where you can get crypto for free.
Best Bitcoin Lending Sites

Best Bitcoin Lending Sites

Whether you're a lender or a borrower, there's a lot of benefit to using Bitcoin lending sites. But which one is best?
Hodlnaut Review

Hodlnaut Review

Hodlnaut lets you earn compound interest on your crypto, but is it safe and legit? Read on to find out.
Best Crypto Interest Accounts

Best Crypto Interest Accounts

Crypto interest accounts let you earn interest on your crypto. Find out who offers the highest rates and the best security.
Nexo Review
Nexo

Nexo Review

Nexo offers a way to earn interest on your crypto holdings, borrow cash or stablecoins, and spend your crypto in the real world. But is it safe?

Next Page:

About CreditDonkey
CreditDonkey is a crypto comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2022 CreditDonkey Inc. All Rights Reserved.