What is BlockFi (BlockFi)?

BlockFi is a crypto lending and borrowing platform and was started in August 2017. The company is one of the pioneers in crypto banks. You can use BlockFi to: BlockFi currently offers four products, which are: Let’s understand all the offering in detail: 1.

Is BlockFi a trusted Bitcoin alternative?

A few days back, I talked about how to earn interest in Bitcoin, and based on our research, BlockFi came out as a widely used and trusted product.

What is BlockFi crypto-backed loan?

2. BlockFi Crypto-backed loan: As the name suggests, this feature lets you take a loan in USD, GUSD, USDC from BlockFi using your crypto assets as collateral. The LTV (Loan to value) is at 50%. That means you can deposit your crypto assets and take a loan up to 50% of its value.