Founded in 2017 by Zac Prince and Flori Marquez, BlockFi is currently one of the leading, well-known, and trusted cryptocurrency exchange platforms with more than a million active users from around the world.
According to the founders, BlockFi was created with the mission of providing credit services to markets with limited access to simple financial products. It is the only independent lender that has institutional backing from reputable investors such as SoFi, Coinbase Ventures, Galaxy Digital, Fidelity, Akuna Capital, and Valar Ventures.
BlockFi provides you with the most convenient opportunity to sell, trade, buy, and borrow USD against your crypto. Unlike other cryptocurrency trading platforms, BlockFi allows you to quickly sign up for an account and buy crypto with no minimum balance.
This means opening an account and purchasing digital assets such as Bitcoin, Ethereum, Litecoin, Dogecoin, and many others is simple and quick. You can trade crypto on BlockFi at a low fee and no hidden fee is charged for using their services.
In addition, you don’t need to sell your assets to get cash because you can borrow funds against your crypto at an interest rate of 4.5% APR using your BlockFi wallet.
Based on our research, BlockFi is ranked as one of the leading platforms where you can buy, sell, and exchange crypto at the best rates. Users can also borrow funds from the platform without needing to sell their cryptocurrency.
You can either access your wallet using your device’s web browser via their official website or through the mobile app for Android and iOS users. The BlockFi App is completely free to download via your Google Play or App Store.
Note that the features accessible on the official website can also be accessed via the mobile app. On the contrary, the app is easier to use as you can get access to your wallet on the go. It is safe and secure to make use of this wallet as it comes with two-factor authentication to protect your login.
This helps to prevent third-party access to your account. When you need help, you can always contact BlockFi customer care service for help and solutions. Overall, the platform is the best place to start exchanging or trading all your digital assets, whether you are a beginner or an expert.
Is BlockFi Legit?
Yes, BlockFi is a legal and safe platform where you can exchange different cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more. The platform provides users with the opportunity to trade, sell, and more.
Besides, they offer different products, which allow you to earn funds on the site. You can build and make your crypto work for you using the BlockFi Interest account. In conclusion, it is safe and legal to make use of.
How to Sign Up for BlockFi
Creating an account with BlockFi is easy, but there are steps and guidelines that need to be carefully followed to successfully create an account with the service.
To create an account with Block Fi, you must have a Social Security Number (SSN), an active phone number, a valid government ID, and you must be 18 years of age. Below are steps and guidelines to follow:
- Open your PC web browser and go to the official website of BlockFi.
- Or download and install the BlockFi app on your mobile device.
- Click on “GET STARTED.”
- This takes you to the sign-up page.
- Enter your legal first and last name.
- Enter your active email address.
- Create a strong password.
- Enter a Referral Code (Optional)
- Read through the terms and conditions and tap on “AGREE.”
- Hit the SUBMIT icon and follow the prompts to complete the sign-up.
Once you have successfully created your Block Fi Wallet Account, you can proceed to start trading, selling, buying, or exchanging supported cryptocurrency on the platform.
Users who already have an account with www.BlockFi.com can sign in to their account using their correct login credentials. You can sign in to your Block Fi account using the mobile app or via your device’s web browser. Here are steps and guidelines to follow:
- Open your device’s web browser and visit the official website of BlockFi.
- Or open the BlockFi App on your device.
- Click on the sign-in icon.
- Enter the email address connected to your account and tap on continue.
- On the next page, enter your password.
- Then, click on LOG IN.
Assuming your login credentials are accurate, you will automatically be logged in to your account where you can get access to all its services.