BlockFi.com is an emerging major player in the cryptocurrency space. They offer a variety of tools and services to investors, users, clients, borrowers, and institutional partners.
BlockFi has four main offerings:
- Earn interest on your Bitcoin or other stablecoin or crypt holdings. Basically you are lending out your cryto into the BlockFi platform and earn a yield on it in return. You are the bank.
- Borrow against your crypto. Have some Bitcoin but don’t want to sell it and deal with tax issues? maybe a loan against that Bitcoin makes sense for you.
- Trade cryptos instantly
- A soon to arrive BlockFi rewards credit card