With a 6.2% APY on BTC, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let’s explore in our BlockFi review. 

The BlockFi Interest Account:

  1. It allows users to earn competitive compound interest rates on their cryptocurrency (currently BTC, ETH, and GUSD). 
  2. Keeps cryptocurrency deposits secure. BlockFi’s cryptocurrency deposits are held by the Gemini Trust Company, regulated by the New York Department of Financial Services.
  3. It is available worldwide, outside of sanctioned or watchlisted countries. 
  4. Allows for anytime withdrawals. Users get one free withdrawal per month. 
  5. It offers simple and easy registration. 

The BlockFi Interest account is the only cryptocurrency storage option that pays substantial interest and offer rates that are competitive with most non-cryptocurrency interest rates. For example, high-interest savings accounts Ally Bank (1.6%) and WealthFront (1.82%) pale in comparison, although they are…

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Source: https://thebitcoinnews.com/blockfi-review-is-blockfi-safe-legit-and-worth-your-time/