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BlockFi

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United States

Founded in

2017 (8 Years)

Founded

Last online: No recent activity

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175 Reviews

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4.55/5

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3.33

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Company Information

Get to know BlockFi

Founded in 2017 by Zac Prince and Flori Marquez, BlockFi emerged as a prominent centralized finance (CeFi) platform aiming to bridge the worlds of traditional finance and blockchain technology. The company's primary services included the BlockFi Interest Account (BIA), which allowed clients to earn interest on their cryptocurrency deposits, and US dollar loans collateralized by crypto assets. It later expanded to include a crypto trading platform and a Bitcoin rewards credit card. However, following significant market turmoil and exposure to the collapse of crypto exchange FTX and its affiliate Alameda Research, BlockFi halted client withdrawals in November 2022 and subsequently filed for Chapter 11 bankruptcy protection. The company is now in the process of winding down its operations and distributing remaining assets to its clients and creditors.

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Industry

  • Financial Financial AdvisementPRIMARY
  • Crypto Cryptocurrency
  • Crypto Exchange

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Exellent star rate icon4.79

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Manada Bakori

Manada Bakori

Direct review

Excellent

Overall Thought

BlockFi has truly established itself as a game-changer in the world of cryptocurrency finance, offering a comprehensive suite of services that empower users to make the most of their digital assets. As a dedicated crypto enthusiast, I've had the privilege of exploring various platforms, and BlockFi has undoubtedly risen to the top of my list for several compelling reasons.

Thg 08 31, 2023
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Saadatu Muhammad

Saadatu Muhammad

Direct review

Excellent

Overall Thought

BlockFi has truly transformed my experience in the crypto world. From the moment I signed up, their user-friendly platform made navigating the complexities of crypto lending and borrowing a breeze. What sets BlockFi apart is their impressive interest rates on crypto deposits โ€“ it's like watching your assets grow effortlessly. The security measures they've put in place gave me peace of mind, knowing my investments are in safe hands. The icing on the cake? Their responsive customer support that's always ready to assist. BlockFi is, without a doubt, my go-to platform for all things crypto.

Thg 08 30, 2023
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Muhammad Nasir

Muhammad Nasir

Direct review

Excellent

Overall Thought

It is my privilege to share my experience with BlockFi, a leading figure in the domain of cryptocurrency trading. The platform's interface marries simplicity with advanced capabilities, emblematic of BlockFi's dedication to enhancing user interactions. The withdrawal process, a critical juncture, unfolds with exceptional efficiency, showcasing BlockFi's operational finesse. The steadfast support team, a testament to professionalism, warrants recognition for their instrumental guidance.

Thg 08 28, 2023
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