Want to invest in crypto? Well, with all the hype and profits, who doesn’t? But what if you could earn free money on the side? Yes, BlockFi bonus offers to make it possible for you.
BlockFi is a crypto platform that offers a range of features for beginners to learn and grow in this business. And with BlockFi promotions, you can earn free bonuses as both a new and existing user.
In this article, we’ll dive into the details of the current BlockFi bonus promotions, so you can take your crypto investments to the next level.
Current BlockFi Promotion 2023
There are 2 currently available ways to earn bonuses with BlockFi: a $10 welcome bonus and a $10 referral bonus. We’ll discuss both one by one. Just make sure to follow all the steps to make the most of your experience and earn a free reward.
Also, if you want to earn more bonuses in minimum time, we would suggest you explore the Crypto.com bonus and Strike. This is another great crypto exchange platform with interesting bonus offers.
BlockFi Sign Up Bonus: Earn a $10 Sign up Bonus
Steps to claim the BlockFi Bonus:
- Register for a free BlockFi account here
- Enter the referral code by an existing member in the referral field if it does not automatically load
- Deposit $100+ worth of crypto to your BlockFi Interest Account
- Maintain a $100+ minimum balance in any type of crypto or stablecoin for at least 30 days after the initial deposit
- Receive your $10 BlockFi bonus with your next interest statement
Note: Make sure to follow the above steps to qualify for the $10 BlockFi bonus.
BlockFi Bonus: Earn a $250 Bonus In Bitcoin (Expired Offer)
This is another previously available bonus offer. In the future, if BlockFi decides to bring this offer back, you would know what to do.
Steps to claim the BlockFi Bonus:
- Fund your Block Interest Account (BIA) for the first time
- Earn a special bonus as part of the BlockFi promotions:
- A deposit of $100 – $1,499 = $15 BTC payout
- A deposit of $1,500 – $19,999 = $20 BTC payout
- A deposit of $20,000 – $39,999 = $40 BTC payout
- A deposit of $40,000 – $74,999 = $75 BTC payout
- A deposit of $75,000 – $99,999 = $100 BTC payout
- A deposit of $100,000+ = $250 BTC payout
Note: This is an expired offer and you may not be able to claim it. But make sure to check the BlockFi bonus page for new offers and bonuses.
BlockFi: Pros and Cons
BlockFi is a cryptocurrency platform that has been gaining popularity among investors. However, like any platform, it has its own roses and thorns. Here’s what our team observed during the BlockFi review:
Pros | Cons |
---|---|
The user-friendly crypto trading interface | Withdrawal fees may apply |
Offers rewards credit card | A limited selection of supported cryptocurrencies |
Provides crypto-backed loans | A limited selection of supported cryptocurrencies Some cryptocurrencies may not be available for withdrawal |
U.S.-based and regulated |
Is BlockFi trustworthy?
Well, there is no one straight answer to this question. The legitimacy of BlockFi lies in some grey areas. BlockFi has a D+ rating from The Better Business Bureau (BBB). This implies that BlockFi has had issues with customers and their complaints were not resolved. However, this rating is not a clear test of how trustworthy the company is.
We did not face any problems with the platform ourselves and this answer is only based on the information and reviews provided online. So, before making any decision, make sure to do your own research.
Final Verdict
To sum it up, BlockFi is an easy and user-friendly platform for investing in cryptocurrency. It offers a rewards credit card and other perks that can be beneficial for both experienced investors and beginners. Keep an eye on the BlockFi bonus and promotions page for new offers and opportunities.
However, the Better Business Bureau (BBB) has given BlockFi a D+ rating. So, it’s important to do your own research before making a decision.
Frequently Asked Questions
How do you get a bonus on BlockFi?
You can get a BlockFI bonus when you sign up or refer a friend to the platform. Follow all the steps mentioned in this article to earn a free bonus from BlockFi.
How do I get 250 BTC BlockFi?
BlockFi used to offer a bonus of 250 BTC in the past but it has now expired. However, you can have a look at other promotions and bonuses offered by BlockFi. This article contains the complete guide to earning a free bonus.
Does BlockFi give free crypto?
Yes, BlockFi gives free crypto as a sign-up bonus and referral reward. You can earn it by following all the steps mentioned in this article.
Does BlockFi have a referral bonus?
Does BlockFi have a referral bonus?
Yes, BlockFi offers a $10 referral bonus. You invite a friend using your unique referral link and you earn $10 each for free.