Blockfi is a cryptocurrency lending platform which is similar to Celsius Network. You can receive compound interest on your cryptos up to 8.6% APY which is larger than any bank I know of in the UK. They had a great offer going when I joined which was to deposit $200 worth of crypto to receive $100 worth of bitcoin but unfortunately that has come to an end now.
They are still offering a referral bonus of $10 when you deposit $100 worth of crypto into a Blockfi interest account, but in addition to that you can earn good interest on stable coins. I like keeping my stable coins in here and earning solid interest than my Lloyds account where my money is sitting there doing nothing.
Another cool thing about this referral program is after your fifth referral, you start earning double the amount of the original bonus. This means you start to get $20 worth of BTC for every referral you make to the platform.
Step by Step Guide
- Sign-up through this link for the bonus: https://blockfi.com/?ref=019e606b non-ref link No bonus: https://blockfi.com
- Verify your account with your ID
- Deposit at least $100 worth of crypto into your BlockFi account. (The best way to approach this is to buy stablecoins on an exchange such as Crypto.com and deposit them. This is because they maintain value and don't fluctuate to the extent of Bitcoin or other cryptos.)
- You will receive the $10 bonus BTC after holding your deposit in your interest account for 30 days.
- BlockFi allows one free crypto withdrawal per month and one free stablecoin withdrawal per month , so you can withdraw both the crypto you deposited and the Bitcoin bonus without paying any fees.
Terms and Conditions
- 'The referee must maintain a $100+ balance in any type of crypto or stablecoin in their BIA (BlockFi Interest Account) for at least 30 days after initial deposit or the referee will be ineligible to receive the payment. After the 30 days have passed, both parties will receive their BTC bonus payment on the nearest Interest Payment Day.'
- Complete terms: https://try.blockfi.com/refer-a-friend/
No comments:
Post a Comment