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BlockFi vs eToro

BlockFi is a good custodian for earning interest on crypto. How does it compare to eToro? 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 eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with high staking rewards on a few coins. Their fees are moderate compared to other exchanges.

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

 BlockFieToro
 Visit SiteVisit Site
 

BlockFi

eToro

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

Read BlockFi Review

OFFER
Get $100,000 Virtual Portfolio to Experiment - Learn More

Read eToro Review

 

Benefits and Features

Stock Trading 
$0
Minimum Deposit
$0
$10 ($200 to start copy trading)
Cryptocurrencies SupportedBitcoin, Ethereum, Litecoin, Chainlink, PAX Gold, USDC, Binance USD, PAX, GUSD, BAT, DAI, UNI
58 (42 in the US)
Countries SupportedWorldwide, except for countries that are sanctioned or watch-listed
Over 100
Fiat Currencies Supported
USD
USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, ZAR, RUB, CNH, NOK, SEK, TRY, MXN, SGD, PLN, HUF, CZK, RON
Digital Wallet
Yes
Yes
Transaction Fee
No
1% fee for buying or selling crypto. 0% commission for buying or selling stocks and ETFs.
Copy Trading
No
Yes
Limit Orders
No
Yes
Margin Trading
No
Yes
Spread
0.7% - 1.5%
 
Interest Accounts
Up to 7% (Not Available in US)
Up to 90% of the monthly staking yield for ADA and TRX
Crypto Loans
Yes
No
Bitcoin (BTC) Interest Rates
0.1% - 3%
 
Ethereum (ETH) Interest Rates
0.25% - 3%
 
Bank Account Purchase Fee
No
No
Litecoin (LTC) Interest Rates
0.1% - 3.75%
 
Debit Card Purchase Fee
No
No
Wallet Purchase Fee 
No
USD Coin (USDC) Interest Rates
4% - 7%
 
Mobile App
Yes
Yes
ACH Transfer Fee
No
No
Wire Transfer Fee
No
No
Crypto Conversion Fee
No
0.10%
Withdrawal FeeVaries based on cryptocurrency: 0.00075 BTC, 0.015 ETH, 0.001 LTC$0 ($5 for non-U.S. customers)
Other Fees2% Origination Fee on crypto-backed loansCrypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity
Address Allowlisting
Yes
No
Anonymity
No
No
Biometric Login
Yes
No
Cold Storage
Yes
Yes
Maximum Trading AmountSingle-trade limit of $1.2m USD or equivalent 
Two-Factor Authentication
Yes
SMS
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
$30 minimum
Binance USD (BUSD) Interest Rates
4% - 7%
 
Dai (DAI) Interest Rates
4% - 7%
 
Gemini Dollar (GUSD) Interest Rates
4% - 7%
 
Paxos Standard (PAX) Interest Rates
4% - 7%
 
Stake Crypto 
ADA, TRX, ETH
 

CreditDonkey® Reviews

 BlockFieToro
Cryptocurrency TradingStarStarStarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
Interest AccountsStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Crypto LoansStarStarStarStarEmpty Star
Mobile AppStarStarStarStarHalf StarStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarHalf StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarStar
SafetyStarStarStarStarStarStarStarStarStarEmpty 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:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Bottom LineGood custodian for earning interest on crypto... Read full reviewGood crypto exchange for learning, socializing and copy-trading... 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 05/01/2022. BlockFi Interest Accounts are not available in the United States.

eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

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
  • Introductory offer: Earn 3.5% crypto rewards on all purchases in the first 90 days of card ownership, up to $100 in crypto.
  • 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 $50,000 of annual spend. Rewards rate increases from 1.5% to 2% after $50,000 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.

eToro

Get $100,000 Virtual Portfolio to Experiment

eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

eToro

Trade $100 Get $10

eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

eToro

Trade Popular Cryptocurrencies

eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

Which is Better: BlockFi or eToro?

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

In short: BlockFi's interest accounts, mobile app, and safety are notable. In particular, the safety is excellent. eToro's research is impressive.


Articles on BlockFi

BlockFi Review

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 eToro

eToro Review

eToro is a cryptocurrency trading platform known for its popular CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms.

Buy Dogecoin with eToro

eToro is a mainstream platform for trading crypto and stocks. But how exactly do you buy Dogecoin with eToro? Keep reading to find out all you need to know.

Buy Bitcoin with eToro

eToro is a popular platform for trading stocks and crypto. But how exactly do you buy Bitcoin with eToro? Read on to learn all you need to know.

Is eToro Safe

eToro is a popular platform for trading stocks and cryptocurrency, known for its unique CopyTrading feature. But is it safe and legit? Read on to find out.

eToro Alternatives

eToro is a popular cryptocurrency trading app known for its CopyTrading feature. But it isn't right for everyone. Find your best eToro alternative here.

Is eToro Good for Beginners

eToro, a popular cryptocurrency trading platform, lets you mimic other traders with their CopyTrading feature. But is it good for beginners?

Robinhood vs eToro

eToro and Robinhood take different approaches to trading stocks, crypto, and more. Read on to see their strengths, weaknesses, and how they compare.

Coinbase vs eToro

eToro and Coinbase both have a lot to offer to beginners and seasoned traders alike. But which one is best for you? And which charges more fees?

Which Do You Think is Best?





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