Are you looking for more information about the BlockFi platform and is it really a reliable platform to start earning interest on your crypto deposits or for taking loans? Founded in 2017 by Zac Prince and Flori Marquez, BlockFi has set out with the mission to bridge the worlds of blockchain technology and traditional finance, and so far look like they are doing a great job at it.Today, BlockFi stands as a wealth management technology company that offers many innovative products like crypto-trading, crypto-interest accounts and USD-loans backed by crypto. Having raised $30million+ in their Series B Funding, BlockFi are the only independent lender with institutional backing from investors like Galaxy Digital, Valar Ventures, Akuna Capital, Fidelity, Coinbase Ventures and SoFi. At the time of writing, they have offices situated in New Jersey, New York, Poland and Argentina.
Can You Really Trust The BlockFi Team With Your Money?
We have to admit that the security of our deposited funds was our greatest concern, therefore we made great effort to look into the background of its founders and their security measures before even depositing a single cent.BlockFi's founder, Zac Prince, has held multiple leadership roles at multiple technology companies in brokerage and adtech firms. He is also a very public and visible CEO who is quite active on his social mediaand has been interviewed on multiple podcasts about their products and offerings.Their managementalso come from a wide variety of backgrounds in the financial and technology industries. Therefore, there was no question about their competencies when it comes to offering the services that BlockFi offers. They also maintain a very active Twitteraccount with updates on their products and responding to questions tweeted to them quickly...
Full BlockFi Review here! at https://scamorno.com/BlockFi-Review/?id=webf
What Are The Main Benefits And Features Of BlockFi?
Created by reputable and highly regarded US-based investorsStored by Gemini which is s regulated in NYC, United States and insured wallets by AONNo need for native-currencies use to earn higher interest ratesHighly competitive interest rates with transparent terms
What Are The Drawbacks To BlockFi?
BlockFi comes with withdrawal fees that can add up if you plan to make frequent withdrawals. Hence, it is important to plan accordingly otherwise these fees can really add up quickly. For example, their fees are currently as follows:
Bitcoin: Up to 100 per 7-day Period with a 0.0025 BTC fee
Ethereum: Up to 5K per 7-day Period with a 0.0015 ETH fee
Litecoin: Up to 10K per 7-day Period with a 0.0025 LTC fee
Stablecoins: Up to 1M per 7-day Period with a $0.25 USD fee...
Full BlockFi Review here! at https://scamorno.com/BlockFi-Review/?id=webf
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