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eToro vs BlockFi

eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to BlockFi? Read our comparison chart below.

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.

While 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.

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

 eToroBlockFi
 Visit SiteVisit Site
 

eToro

BlockFi

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

Read eToro Review

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

Read BlockFi Review

 

Benefits and Features

Stock Trading
$0; 2000+ stocks & ETFs
 
Minimum Deposit$10 ($200 to start copy trading)
$0
Cryptocurrencies Supported
67 (24 in the US)
Bitcoin, Ethereum, Litecoin, Chainlink, PAX Gold, USDC, Binance USD, PAX, GUSD, BAT, DAI, UNI
Countries Supported
Over 100
Worldwide, except for countries that are sanctioned or watch-listed
Fiat Currencies SupportedUSD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, ZAR, RUB, CNH, NOK, SEK, TRY, MXN, SGD, PLN, HUF, CZK, RON
USD
Digital Wallet
Yes
Yes
Transaction Fee1% fee for buying or selling crypto. 0% commission for buying or selling stocks and ETFs.
No
Copy Trading
Yes
No
Limit Orders
Yes
No
Margin Trading
Yes
No
Spread 
0.7% - 1.5%
Interest AccountsUp to 90% of the monthly staking yield for ADA and TRXUp to 7.5% (Not Available in US)
Crypto Loans
No
Yes
Bitcoin (BTC) Interest Rates 
2% - 3.5%
Ethereum (ETH) Interest Rates 
2% - 3.5%
Bank Account Purchase Fee
No
No
Litecoin (LTC) Interest Rates 
0% - 2%
Debit Card Purchase Fee
No
No
Wallet Purchase Fee
No
 
USD Coin (USDC) Interest Rates 
6% - 7.5%
Mobile App
Yes
Yes
ACH Transfer Fee
No
No
Wire Transfer Fee
No
No
Crypto Conversion Fee
0.10%
No
Withdrawal Fee$0 ($5 for non-U.S. customers)Varies based on cryptocurrency: 0.00075 BTC, 0.015 ETH, 0.001 LTC
Other FeesCrypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity2% Origination Fee on crypto-backed loans
Address Allowlisting
No
Yes
Anonymity
No
No
Biometric Login
No
Yes
Cold Storage
Yes
Yes
Maximum Trading Amount Single-trade limit of $1.2m USD or equivalent
Two-Factor Authentication
SMS
Yes
Withdrawal Limit
$30 minimum
7-day Withdrawal Limit varies by cryptocurrency: 100 BTC, 5,000 ETH, 10,000 LTC.
Up to $5,000 USD via direct bank withdrawal
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%
Stake Crypto
ADA, TRX, ETH
 
 

CreditDonkey® Reviews

 eToroBlockFi
Cryptocurrency TradingStarStarStarHalf StarEmpty StarStarStarStarEmpty StarEmpty Star
Interest AccountsStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
Mobile AppStarStarStarHalf StarEmpty StarStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarEmpty StarStarStarStarStarHalf Star
Ease of UseStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
ResearchStarStarStarStarStarStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarEmpty StarStarStarStarStarStar
Crypto LoansStarStarStarStarEmpty Star
Pros & ConsPros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Pros:
  • 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)
Bottom LineGood crypto exchange for learning, socializing and copy-trading... Read full reviewGood custodian for earning interest on crypto... 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.

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

BlockFi: Pricing information from published website as of 07/01/2022. 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

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.

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: eToro or BlockFi?

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

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


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.

How eToro Copy Works

You've probably heard of eToro's popular CopyTrader feature. But how does copying work on eToro? Read on to find out.

How eToro Makes Money

eToro is a popular mainstream platform for trading stocks, crypto, and more. But how does eToro make money? Keep reading to find out.

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?

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?

Which Do You Think is Best?





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