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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

Rating:

Ergonomics and ease of use

4/5

Choice and quality of available services

3/5

Possible diversification within the services

2/5

Security mechanisms and past vulnerabilities

5/5

Ability to provide new solutions and services

2/5

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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