BlockFi
BlockFi was a centralized platform that allowed users to earn interest on crypto deposits and borrow against their assets. It supported major tokens like BTC, ETH, and USDC with fixed yields. However, after suffering losses linked to the FTX collapse, BlockFi filed for bankruptcy in 2022. Its yield programs have been suspended and the platform is no longer operational.
| BlockFi | |
|---|---|
| Supported Assets | BTC, ETH, LTC, USDC, USDT, GUSD |
| APY Range (%) | 3%–8% |
| Fees | No direct fees |
| Lock-Up Terms | Flexible |
| Security Features | Cold storage, insurance, regulatory oversight |
| Interest Payouts | Monthly |
| Availability | Limited (US, select regions) |
| Special Features | Visa Rewards credit card |
| Minimum Deposit | No minimum |
| Insurance Coverage | Up to $100M through Gemini custody |
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