blockfi earn interest bitcoin

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Do you know you can earn interest in crypto using BlockFi? There are many option has been shown to crypto community with the help of ethereum smart contract feature. Decentralized finance systems allow people to create staking, borrowing, lending, and even farming pools to earn crypto with deposited crypto assets. Such options are yet available on bitcoin blockchain due to lack of smart contract option.

blockfi earn crypto

BlockFi here introduces an option to earn interest in crypto to 8.6% APY. For the security of your account and personal data, BlockFi promises highest level by measures and protocols, including two-factor authentication, to protect your sensitive data.

BlockFi Products

The future of finance, BlockFi claims, offers different option to its users to engage with crypto assets such as lending, barrowing, and trading. You can access your portfolio from any smart device.

BlockFi Interest Account

Using BlockFi, one can earn interest up to 8.6% APY by depositing cryptocurrency. Earning crypto on your crypto is the key is this concept. And you can decide in choosing how you get paid, bitcoin or other crypto coins including stablecoins. And it is simple. Just deposit crypto or stablecoin into your account and let it earn you interest everyday and receive interest payment monthly.

Borrow Crypto

BlockFi offers crypto borrowing with a minimum loan amount of $5,000 in listed collateral type, which is Bitcoin, Litecoin, Ethereum, or PAXG. Borrowing starts as little as 4.5% interest rate. Loan to Value (LTV) percentage gives you the right to borrow money and still earn on your held cryptocurrency.

You can borrow as much as 50%, LTV ration, of your collateral type. LTV ratio determines the amount of crypto collateral you need to keep in your account to be able to receive a loan. You can choose LTV to be 50%, 35%, or 20%. Higher LTV with let you high interest rate to be paid. This is such a way that BlockFi make creation of liquidity simple. You receive sta

Trading Cryptocurrency

Its user friendly interface allows you to trade crypto assets fast and secure, including BTC, ETH, LTC, USDC, USDT, GUSD, PAX and PAXG. And the best part is that trading on BlockFi platform is ZERO “0”, which means you pay nothing for trading here.

You do not need to lock up your deposited amount to earn interest. You can start trading as soon as arrival of your deposits. One trade is completed, your assets starts bringing you interest. Isn’t that awesome?

FEES on BLOCKFI

Trading Fee

Zero-fee when trading on the platform.

Withdrawal & Deposit Fees

  • NOTE: No fee for withdrawal once every month for each crypto type. But one free withdrawal for a crypto each month. No deposit fee on BlockFi.
  • Bitcoin: Up to 100 per 7-day period with a fee of 0.0025 BTC.
  • Ethereum: Up to 5K per 7-day period with a fee of 0.0015 ETH.
  • Litecoin: Up to 10K per 7-day period with a fee of 0.0025 LTC.
  • Stablecoins: Up to 1M per 7-day period with a fee of USD 0.25.
  • PAXG: Up to 500 per 7-day period with a fee of 0.0025 PAXG.

How to Create Account on BlockFi

Click here to create account on BlockFi, and on your first deposit at least $100 in crypto coins or stable coins, you will receive a $10 bonus in bitcoin after holding your deposit for 30 days on BlockFi. You can still trade cryptocurrency and earn this $10 bitcoin bonus.

To learn more about ways to earn crypto assets, click here. Let us know what you think bout BlockFi and its features in your comment below.

crypto.com cryptocurrency wallet mobile wallet

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Crypto.com (MCO) is a payment platform that uses its own cryptocurrency (MCO). In addition to that, Crypto.com is also a company that offers a Visa credit card to buy cryptocurrencies and money. The offered products are:

  • MCO Visa Card,
  • Crypto.com (MCO) Token,
  • Mobile Wallet App,
  • MCO Invest Services.

!!!ATTENTION: Both registered users and their referrals get MCO token valued $50.

Crypto.com offers different type of credit cards based on the amount of MCO token on the users account and all cards provide to trade and spend cryptocurrencies in parallel with fiat currencies. For example, in the first series of cards issued in Singapore, the Singapore dollar (SGD) serves as the card’s “basic” currency together with the Bitcoin balance which can be used to top up the SGD via a bank transfer, debit or credit card, or crypto. There is no annual payment for the cards.

Midnight Blue Card
  • 1% MCO token rewards on ALL card spending,
  • No fee for $200 ATM withdrawal per month (2% commision thereafter),
  • $2,000 monthly exchange limit between banks (0.5% commission thereafter).
  • Plastic card
Ruby Steel
  • 2% MCO token rewards on ALL card spending,
  • Free Spotify membership ($9.99 equivalent fee),
  • No fee for $400 ATM withdrawal per month (2% commision thereafter),
  • $4,000 monthly exchange limit between banks (0.5% commission thereafter),
  • Composite metal card.
Royal Indigo & Jade Green
  • 3% MCO token rewards on ALL card spending,
  • Free Spotify account ($9.99 equivalent fee),
  • Free Netflix account ($12.99 equivalent fee -HD, 2 Screens),
  • Loungekey Airport Lounge Access,
  • No fee for $800 ATM withdrawal per month (2% commision thereafter),
  • $10,000 monthly exchange limit between banks (0.5% commission thereafter),
  • Composite metal card.
Icy White & Rose Gold
  • 4% MCO token rewards on ALL card spending,
  • Free Spotify account ($9.99 equivalent fee),
  • Free Netflix account ($12.99 equivalent fee -HD, 2 Screens),
  • Expedia discount up to $50,
  • MCO Private (click here for privileged details),
  • Loungekey Airport Lounge Access (+1 Guest),
  • No fee for $800 ATM withdrawal per month (2% commision thereafter),
  • $10,000 monthly exchange limit between banks (0.5% commission thereafter),
  • Composite metal card.
Obsidian Black
  • 5% MCO token rewards on ALL card spending,
  • Free Spotify account ($9.99 equivalent fee),
  • Free Netflix account ($12.99 equivalent fee -HD, 2 Screens),
  • Expedia discount up to $50,
  • Airbnb discount up to $100,
  • MCO Private (click here for privileged details),
  • Loungekey Airport Lounge Access (+1 Guest),
  • No fee for $800 ATM withdrawal per month (2% commision thereafter),
  • $10,000 monthly exchange limit between banks (0.5% commission thereafter),
  • Composite metal card.

Crypto.com has both website and app for iOS and Android to follow and buy cryptocurrencies online. AS A REMINDER, both registered users and their referrals get MCO token valued $50.

Click here to register on Crypto.com

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Owning cryptocurrency online or on a hard-wallet is not an issue nowadays. The big issue with storing cryptocurrency is the security, fees, customer support, and of course transparency. Here we make a review of Abra Wallet, a revolutionary cryptocurrency wallet that even offers stock market exchange option.

Abra wallet Founded in Saratoga, CA in 2014 and Launched in the US in 2016. By year of 2018, Abra listed over 20 cryptocurrencies. Now, it supports more than 100 different crypto coins and gathers more trust by the community.

abra wallet review invest in stock market build portfolio cryptocurrency wallet
What can you do with ABRA Wallet

Simple to use: Abra’s 5-star app is simple to use, making cryptocurrency investing accessible for everyone.

Unprecedented access: Accessing your wallet is very easy. For example, buy, sell, or exchange over 100 cryptocurrencies from a single app, including new stablecoin deposit and withdrawal options.

Start investing instantly: Start building a right-sized portfolio today. Investing is now affordable for everyone.

Crypto your way: The Abra app allows you to exchange any asset with any other in-app asset, anytime, anywhere. So, it is in your hand.

How to Invest with ABRA
  • First of all, you can fund your wallet easily by depositing cryptocurrencies, connecting your MasterCard or Visa, or set up your bank transfers (where supported) to fund your wallet.
  • Then, you will build your portfolio by choosing from hundreds of cryptocurrencies to build your portfolio that best aligns with individual ideas and values is simple.
  • Lastly, you can move between investments like cryptocurrencies, or withdraw to a supported external wallet, instantly.

Check out ABRA ans easily invest in dozens of cryptocurrencies. Click here to earn $25 in free bitcoin after your fist Bank/Amex deposit, or 0.75% cash back when you exchange cryptos using Abra Wallet.

To read more about Cryptocurrency Wallets, click here.

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What is Coinbase.com in brief?

Buying cryptocurrency online on Coinbase is the easiest way to own digital money. Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. We’re based in San Francisco, California. Bitcoin is the world’s most famous alternative currency with a total market cap of over $100 billion. The bitcoin has a network of thousands of computers run by individuals all over the world. (taken from coinbase.com)

Coinbase has already reached over 30M users and $150 volume in trading. Coinbase has two core products: a Global Digital Asset Exchange, GDAX, for trading a variety of digital assets on its professional asset trading platform, and a user-facing retail broker of Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, and Litecoin for fiat currency. The platform has raised $217M from world’s leading investors on the market.

The easiest way to buy sell and trade cryptocurrency online. Buy Bitcoin Litecoin, Ethereum, Dashcoin, Monero and other altcoins with credit card.

It is very basic to create account on Coinbase. Simply click on create account on coin base.com and at the right top of the screen click on Get Started then fill blank spaces with your information, name, e-mail, and password, then you are all set up. You will see the current market price of each cryptocurrency in chosen fiat currency. Coinbase offers its users a wallet, an exchange, and merchant tools within one simple interface

Trading Fees on Coinbase (taken from coinbase)

Coinbase charges a Spread of about one-half of one percent (0.50%) for Digital Currency Purchases and Digital Currency Sales. However, the actual Spread may be higher or lower due to market fluctuations in the price of Digital Currencies on Coinbase Pro between the time we quote a price and the time when the order executes. 

You will pay a fee (in addition to the spread), which is the greater of a flat fee or a variable percentage fee determined by region, product feature and payment type.

Coinbase fees
  • If the total transaction amount is less than or equal to $10, the fee is $0.99.
  • when the total transaction amount is more than $10 but less than or equal to $25, the fee is $1.49.
  • If the total transaction amount is more than $25 but less than or equal to $50, the fee is $1.99.
  • If the total transaction amount is more than $50 but less than or equal to $200, the fee is $2.99.


For example, if you are in the United States and wish to purchase $100 of bitcoin and pay with a U.S. bank account or your USD Wallet. The flat fee would be calculated as $2.99. As noted below in the variable fee section, the variable percentage fee would be 1.49% of the total transaction, or $1.49. Since the flat fee is greater than 1.49% of the total transaction, your fee would $2.99. If you wanted to purchase bitcoin with a credit or debit card, they would charge a fee of 3.99% since the variable percentage fee is higher than the flat fee.

Variable percentage fee structure by location and payment method are shown in the last section below. These fees do not apply to Digital Currency Conversions. As a reminder, the Coinbase Fee will always be the greater of the minimum flat fees described above or the variable fees described below.


Digital Currency Conversions

With a Digital Currency Conversion, you can accomplish in a single transaction what would otherwise require two separate transactions. For example, you could directly convert Bitcoin to Ethereum (a Digital Currency Conversion), or you could sell Bitcoin and then purchase Ethereum (a Digital Currency Sale followed by a Digital Currency Purchase). 

Coinbase charges a spread margin of up to two percent (2.00%) for Digital Currency Conversions. The actual spread margin charged varies due to market fluctuations in the price of Digital Currencies on Coinbase Pro between the time we quote a price and the time when the order executes. Platform does not charge a separate Coinbase fee for digital currency conversions. 

Coinbase Mobil Application

Mobile applications are making buying cryptocurrency online on coinbase very easy, safe, and fast. It is available for IOS and Android devices.

Based on all information provided above, if you are having questions for us to answer, please comment below. We will get back to you less than 24 hours with a prompt reply. We also post articles about how to earn cryptocurrency for free, click here to read more about it.

Sincerely

Invest for your future, InvestMug.com