BlockFi Bitcoin & Crypto Loans

BlockFi: Crypto-Backed Loans & Interest-Earning Accounts

Discover BlockFi, a financial services company offering crypto-backed loans and interest-earning accounts for Bitcoin, Ethereum, and other cryptocurrencies, providing users with liquidity without selling their assets.

What is BlockFi Bitcoin & Crypto Loans?

BlockFi is a financial services company founded in 2017 that specializes in cryptocurrency financial services. They offer crypto-backed loans, allowing users to take out USD loans using Bitcoin or other cryptocurrencies as collateral without having to sell their crypto holdings.

In addition to loans, BlockFi also offers interest-earning accounts for cryptocurrencies like Bitcoin, Ethereum, and stablecoins. These accounts let cryptocurrency holders earn up to 10% APY interest on their crypto balances. The interest comes from BlockFi lending their crypto reserves to institutional borrowers and other counterparties.

Some key features and services offered by BlockFi include:

• Crypto-backed loans with LTVs up to 50%
• Up to 10% APY interest on crypto balances
• No origination fees, early repayment fees, or hidden fees
• Industry-leading security measures like Gemini custody
• Availability on both web and mobile apps
• Support for assets like BTC, ETH, USDC, GUSD, PAX and more

In summary, BlockFi offers crypto owners a convenient way to access the liquidity of their assets without needing to sell, as well as a way to earn sizable yield on their balances. The company caters both to individual retail investors as well as institutional investors and corporations.

BlockFi Bitcoin & Crypto Loans Features

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