Founded in 2017 and US based, BlockFi is a centralized cryptocurrency finance company. It offers many crypto services for both private and institutional clients. The platform lends the users deposits to institutions which pay interests at higher rate to BlockFi which in turn is paid to their users.
The interface is clear and pleasant. Very easy to use, it will be perfect for beginners.
BlockFi offers several interesting services. The platform specializes in cryptocurrency savings and allows its users to borrow USD. It also offers American users a credit card allowing them to receive cashback in Bitcoin.
The available offer is not the largest on the market. BlockFi offers savings on 9 cryptoassets and borrowing can only be done in USD.
BlockFi has placed great emphasis on security, the platform is trusted by many institutional clients.
95% of the funds are in cold storage, managed by Gemini.
Many security features for users are in place, such as 2-factor authentication. No hack has been reported.
The platform could bring more regularity in the new features and listing.
Help center is of very good quality. The documentation base is large, and a multilingual chat will help you open a support ticket if needed.
Last Update
November 6, 2021
Founder(s)
Zac Prince and Flori Marquez
BlockFi Creation Date
2017
Headquarters Address
201 Montgomery St, #263, Jersey City, NJ 07302, US
No Data Found
Rating:
- Interface
Ergonomics and ease of use
4/5
- Services
Choice and quality of available services
3/5
- Listing
Possible diversification within the services
2/5
- Security
Security mechanisms and past vulnerabilities
5/5
- Innovation
Ability to provide new solutions and services
2/5
- Help Center
User support and help available
5/5
Services:
0
Service Tags
Saving
Swap
Borrowing
Crypto Credit Card
Mobile App
Crypto Gifts
Documentation
Payment Methods:
Bank Transfer
Compatible Blockchains:
Bitcoin
Ethereum
Community rating:
0
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