
BlockFi Promotions
BlockFi is currently offering nine promotions. Read our in-depth review of BlockFi to see why BlockFi scored 3.8 stars out of 5. We like their earn crypto rewards, no commissions (only charges a spread), and excellent customer service.
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.
$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.
$100 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 $75,000 - $99,999 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.
$75 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 $40,000 - $74,999 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.
$40 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 $20,000 - $39,999 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.
$20 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 $1,500 - $19,999 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.
$15 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 - $1,499 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.
Currency | Withdrawal Limit | Fees |
---|---|---|
BTC | 100 BTC per 7-day period | 0.00075 BTC |
ETH | 5,000 ETH per 7-day period | 0.015 ETH |
LTC | 10,000 LTC per 7-day period | 0.001 LTC |
LINK | 65,000 LINK per 7-day period | 0.95 LINK |
UNI | 5,500 UNI per 7-day period | 1 UNI |
BAT | 2,000,000 BAT per 7-day period | 35 BAT |
PAXG | 500 PAXG per 7-day period | 0.015 PAXG |
Stablecoins | 1,000,000 per 7-day period | $10.00 USD |
Compare Promotions
Welcome Bonus: Deposit $1000 and Get $100 in BTC
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USD $10 Sign Up Bonus
You will need to stake in $1000 CRO to earn USD $10 worth of CRO. Only the first amount of CRO you stake is used to calculate the sign-up bonus.
Get $100,000 Virtual Portfolio to Experiment
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How do you get $250 on BlockFi?
New users who transfer their crypto to BlockFi are eligible to receive up to $250 in bonus BTC.
The more your transfer, the more bonus you can earn. Here's how it works:
Deposit | Crypto 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 |
To be eligible for this bonus, you must:
- Open a BlockFi Wallet and fund it during the promotional month. This is defined as the current calendar month ending at 23:59:59 UTC on the last day of the month.
- Maintain at least a $100+ crypto balance through the 14th of the month two and a half months (2.5 months) from the month of eligibility.
- Your bonus tier level will depend on your average daily balance maintained throughout the entire period (from month of eligibility to the 14th of the month of payout).
- Your payout will occur by the end of the next business day.
For example, if you open an account and make a deposit during the October promotional period, you must maintain at least $100 crypto balance until end of January 14th. You'll get your bonus on January 15th.
Other BlockFi $250 Fine Print
- This offer is only available to new BlockFi clients who sign up with a specific partner referral code (like through CreditDonkey).
- There is only one bonus per client, for a maximum amount of $250.
- This must be your first ever deposit into the BlockFi Wallet.
- Your bonus will be paid in BTC based on the prevailing market price at the time. Payout will occur on or before the second Friday of every month on a rolling basis.
- This offer cannot be combined with other BlockFi's promos, such as Refer a Friend or other Partnership promotions.
BlockFi Products & Services
BlockFi offers these products:
- Crypto Trading
You can buy and sell several different currencies. BlockFi supports: BTC, ETH, LINK, LTC, PAXG, UNI, BAT, and several stablecoins (USDC, USDT, GUSD, BUSD, PAX, and DAI).The platform also supports exchanging cryptocurrency pairs between BTC, ETH, LTC, PAXG, USDC, GUSD, PAX, and USDT.
BlockFi has no trading fees (only a spread when you buy and sell).
- Crypto Backed Loans
You can take out a loan for up to 50% of the value of your cryptos. This way, if you need cash fast, you don't need to sell off your cryptos (which can possibly make you miss out on growth and trigger a taxable event). You'll receive funds the same business day. But the minimum loan amount is $10,000 USD. - BlockFi Credit Card
The BlockFi credit card earns an unlimited 1.5% back in Bitcoin on every purchase. As an introductory offer, you earn 3.5% back in Bitcoin during your first 3 months (up to $100 in Bitcoin). There is no annual fee or foreign transaction fees.
How Long Do BlockFi Withdrawals Take?
BlockFi withdrawals take 1-2 business days. If you place a withdrawal request before 5pm EST, it will be processed the next business day. Requests placed after 5pm EST will be processed in two business days.
All withdrawals have a security hold in order to protect you against fraud. This also gives you some time to cancel your request if you entered the wrong withdrawal wallet.
You get one free crypto withdrawal every calendar month and one free stablecoin withdrawal every month. Past that, there will be a withdrawal fee.
Here are the withdrawal limits and fees:
Currency | Withdrawal Limit | Fees |
---|---|---|
BTC | 100 BTC per 7-day period | 0.00075 BTC |
ETH | 5,000 ETH per 7-day period | 0.015 ETH |
LTC | 10,000 LTC per 7-day period | 0.001 LTC |
LINK | 65,000 LINK per 7-day period | 0.95 LINK |
UNI | 5,500 UNI per 7-day period | 1 UNI |
BAT | 2,000,000 BAT per 7-day period | 35 BAT |
PAXG | 500 PAXG per 7-day period | 0.015 PAXG |
Stablecoins | 1,000,000 per 7-day period | $10.00 USD |
Can You Lose Money on BlockFi?
Cryptocurrency is an extremely volatile type of investment. There is always risk that you could lose money if the value of your crypto goes down.
Plus, BlockFi is not a bank or brokerage. So it's not covered by FDIC or SIPC insurance. Digital currency is not backed by the government. Your crypto assets are not protected if BlockFi goes out of business.
Can You Buy Bitcoin on BlockFi?
Yes, BlockFi supports buying and selling Bitcoin, along with Ethereum, Litecoin, Chainlink, Uniswap, BAT, and several stablecoins.
Highlights
$0
Bitcoin, Ethereum, Litecoin, Chainlink, PAX Gold, USDC, Binance USD, PAX, GUSD, BAT, DAI, UNI
Worldwide, except for countries that are sanctioned or watch-listed
USD
Yes
No
No
No
No
0.7% - 1.5%
Up to 7% (Not Available in US)
Yes
0.1% - 3%
0.25% - 3%
No
0.1% - 3.75%
No
4% - 7%
No
Yes
No
No
Varies based on cryptocurrency: 0.00075 BTC, 0.015 ETH, 0.001 LTC
2% Origination Fee on crypto-backed loans
Yes
No
Yes
Yes
Single-trade limit of $1.2m USD or equivalent
Yes
7-day Withdrawal Limit varies by cryptocurrency: 100 BTC, 5,000 ETH, 10,000 LTC.
Up to $5,000 USD via direct bank withdrawal
4% - 7%
4% - 7%
4% - 7%
4% - 7%
- Pricing information from published website as of 05/01/2022. BlockFi Interest Accounts are not available in the United States.
- For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
More Information
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BlockFi | Coinbase | |
---|---|---|
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ![]() | |
Minimum Deposit | ||
Cryptocurrencies Supported | Bitcoin, Ethereum, Litecoin, Chainlink, PAX Gold, USDC, Binance USD, PAX, GUSD, BAT, DAI, UNI | |
Countries Supported | Worldwide, except for countries that are sanctioned or watch-listed | |
Fiat Currencies Supported | ||
Digital Wallet | ||
Transaction Fee | Greater of Minimum Flat Fees or Variable Fees (1.49%+) by Location and Payment Method. Minimum Flat Fees:
| |
Copy Trading | ||
Limit Orders | ||
Margin Trading | ||
Spread | ||
Interest Accounts | ||
Crypto Loans | ||
Bitcoin (BTC) Interest Rates | ||
Ethereum (ETH) Interest Rates | ||
Bank Account Purchase Fee | ||
Litecoin (LTC) Interest Rates | ||
Debit Card Purchase Fee | ||
Wallet Purchase Fee | ||
Credit Transaction Fee | ||
USD Coin (USDC) Interest Rates | ||
Mobile App | ||
ACH Transfer Fee | ||
Wire Transfer Fee | ||
Crypto Conversion Fee | ||
SEPA Bank Transfer Fee | ||
Withdrawal Fee | Varies based on cryptocurrency: 0.00075 BTC, 0.015 ETH, 0.001 LTC | |
Other Fees | 2% Origination Fee on crypto-backed loans | Instant Card Withdrawal: up to 1.5% + minimum fee of $0.55 |
Address Allowlisting | ||
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Maximum Trading Amount | Single-trade limit of $1.2m USD or equivalent | |
Two-Factor Authentication | ||
Withdrawal Limit | 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 | ||
Dai (DAI) Interest Rates | ||
Gemini Dollar (GUSD) Interest Rates | ||
Paxos Standard (PAX) Interest Rates | ||
Stake Crypto | ||
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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. Coinbase: Pricing information from published website as of 04/13/2021. |
BlockFi
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