BlockFi Referral Code (2022)

BlockFi Referral CodeVisit

BlockFi is a lending platform that provides fiat currency loans secured with cryptocurrency collateral. They also provide interest accounts that generate yields for users who store their crypto with BlockFi. BlockFi Interest Accounts (BIA) currently accept deposits of BTC, ETH, LTC, USDC, GUSD, and PAX with no minimum amount required to begin earning interest.

BlockFi is a centralized service, which carries different risks than decentralized finance (DeFi) platforms built with smart contracts.

BlockFi Referral Code for March 2023

New users that join BlockFi and use our referral links will be able to get a bonus of up to $250 BTC bonus! You will also receive the very best interest rates available at  You can use our BlockFi Referral Code: PARTNER250 although to make sure you get the bonus, you should also use one of our exclusive links (like this one) that unlocks the best offer available when signing up at BlockFi.

New users can maximize their bonus by depositing over $20,000 USD and they will receive a $250 BTC bonus. Although you can deposit as little as $100 dollars and still get a BTC bonus, the full BlockFi bonus chart below.

BlockFi Referral CodeUse our exclusive BlockFi link & code: PARTNER250
BlockFi BTC BonusUp to $250 BTC Bonus
BTC Bonus ChartDeposit $100-$1,499 - $15 BTC
Deposit $1,500-$19,999 - $20 BTC
Deposit $20,000-$39,999 - $40 BTC
Deposit $40,000-$74,999 - $75 BTC
Deposit $75,000-$99,999 - $150 BTC
Deposit $100,000+ - $250 BTC
BlockFi Interest RatesBTC - 4.5% APY
ETH - 5% APY
RequirementsAvailable for all US (except NY,CT). One free withdrawal per month.
Last VerifiedMarch 2023

Visit BlockFi and get up to $250 BTC Bonus +  Start earning up to 8.6%

BlockFi Review

Ease of Use

BlockFi is very accessible as it’s available for the majority of individuals and businesses worldwide. However, BlockFi requires a user’s full name, email, phone number, and address in order to begin using their product suite. Additionally, US residents must provide their social security number to receive access. This is not uncommon for centralized lending platforms, but with the recent explosion of DeFi protocols users may choose other options that don’t require extensive personal information.

BlockFi’s lending and interest account features are intuitive and easy to use regardless of technical knowledge. The layout is clean and all the necessary information for taking out a loan or depositing to an interest account is displayed in an easily digestible way.

The trading platform on BlockFi is relatively simple compared to other centralized exchanges. It’s easy to make quick trades from crypto to crypto, fiat to crypto, or crypto to fiat, but it lacks the advanced features and charts that more experienced traders require.

BlockFi Interest Rates

CurrencyAmountAnnual Percentage Yield
BTC (Tier 1)0-56%
BTC (Tier 2)5+2.5%
USDT (Outside US)0+9.3%

BlockFi Fees

Users who store their crypto in a BlockFi Interest Account receive one free withdrawal per month. After that, there is a flat fee depending on the asset being withdrawn. The current fees and withdrawal limits are shown below:

There are no fees for trading with any pairs on BlockFi, which is unconventional for crypto exchanges.


BlockFi has an extensive help center where users can search for answers to the problems they are having. If they can’t solve their issue here, they can submit a ticket to receive specific guidance. Additionally, BlockFi support can be contacted at 646-779-9688 during business hours or

The majority of reports state that the BlockFi support team is quick and helpful with addressing the issues faced by users.

About BlockFi


BlockFi was founded in 2017 by Zac Prince, the former SVP of Cognical (consumer lending business), and former VP of Orchard Platform (broker dealer and registered investment advisor in online lending).

BlockFi initially raised a $1.6 Million seed round in February 2018 from investors including ConsenSys Ventures and SoFi. Since then, they’ve raised another seed round, a venture round, and a series A and B bringing their total investment to $108.7 Million.

Payment Methods

BlockFi accepts a variety of fiat currencies for wire transfer which are automatically converted to US Dollars and represented in the BlockFi platform as GUSD with a 1-to-1 relationship. Users can then trade for other stablecoins (USDC/PAX) or BTC, ETH, and LTC.

ACH or TransferWise payment methods are not currently accepted by BlockFi.


BlockFi stores its assets through Gemini and is thus only as financially secure as Gemini. It’s reported that Gemini stores 95% of their crypto assets in cold storage which are insured by Aon. Gemini is a licensed custodian regulated by the NYDFS, and recently received SOC2 compliance from Deloitte for their custody solution. More information about Gemini’s security can be found here.

When users withdraw funds, BlockFi takes 24-48 hours to process the transaction. This wait period is designed to provide a cushion for stopping any withdrawals from account hacks.

At the time of writing, BlockFi has not been hit by any large-scale hacks that placed user funds or information at risk.

US Availability for BlockFi

BlockFi Interest Accounts are available in every US state excluding New York and Connecticut.

International Availability

BlockFi Interest Accounts are available in every nation excluding Cuba, Iran, North Korea, Sudan, Syria, any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions, or any other jurisdiction which BlockFi determines they would not be able to offer crypto interest accounts for regulatory or policy reasons.

Get Involved

Stay up to date on all things BlockFi by following their Twitter or joining their official Telegram group.