BlockFi Referral Code 2022: Free BTC Sign Up Bonus Worth up to 250$

Get up to a $250 welcome bonus in BTC when you transfer $100 or more in crypto to your BlockFi interest account. Terms apply.

Today, I’m partnering with BlockFi to bring you an exclusive referral code for their platform. You can get up to 250$ in BTC for free when you register an account and deposit crypto into your BlockFi interest account. You will need to hold your qualifying balance until the following interest payment date to qualify for the bonus. See full terms on the website.

BlockFi is a leading crypto lending platform that allows users to earn compound interest rates on their cryptocurrency savings. If you fancy joining this crypto lending platform, make sure to use our BlockFi referral link when signing up to get up to 250$ USD in BTC for free once you’ve met the qualifying criteria.

  • Up to $250 free sign up bonus for new investors
  • Available worldwide (see restrictions below)
  • Earn interest in-kind or different currency
  • Regulated platform
  • Free monthly withdrawal

Read more: The best sites to earn interest on Bitcoin and cryptocurrencies

BlockFi promo code terms

💰 Bonus$15 – 250 in BTC
⌚ Payout termSingle
🤝 ConditionDeposit $100+ in crypto
⌛ Expiration datePermanent offer
BlockFi referral code

BlockFi referral code payout structure

Deposit amountBonus in BTC
$100 – $1,499$15
$1,500 – $19,999$20
$20,000 – $39,999$40
$40,000 – $74,999$75
$75,000 – $99,999$150
Bonus structure as per 21 June 2021

Interest rates

BTC (Tier 1)4.5%
ETH (Tier 1)5%
LINK (Tier 1)2.5%
Rates as of 03 January 2022. Actual rates may vary. *PAX and USDT are not available in the US

BlockFi availability

BlockFi services are available worldwide with a few geographical restrictions:

  • BlockFi is not available in: Afghanistan, Belarus, Burundi, Central African Republic, China, Congo, Cote D’ivoire, Cuba, Cyprus, Eritrea, Fiji, Haiti, Iran, Iraq, North Korea, Kyrgyzstan, Lebanon, Libya, Macedonia, Palestinian Occupied Territory, Russian Federation, Rwanda, Somalia, Sri Lanka, Sudan, Syria, Yemen, Zimbabwe
  • BlockFi is available in these US states: AL, AR, AZ, CA, CO, DC, DE, FL, IA, IL, IN, KS, KY, MA, MD, ME, MI, MN, MS, NC, NE, NH, NJ, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WV
  • Interest accounts are not available in: CT, NY
  • Trading is unavailable in: CT, GA, HI, NM, NV, NY, VT 

One minute review of BlockFi

BlockFi is a company that offers a new type of cryptocurrency investment and savings account. They provide crypto-backed loans and are building the world’s first diversified, institutional-grade portfolio for storing digital assets. BlockFi is backed by some of the most respected names in finance, including Valar Ventures and Coinbase. The team’s goal is to make it easier for more people to own cryptocurrencies through financial products like savings or crypto-backed loans.

BlockFi’s current products consist of an interest-bearing cryptocurrency account, an exchange, and a loan platform. The Blockfi team expects that this business will expand in the future as they launch new types of services to meet changing customer needs, such as lending against other digital assets or secure storage solutions. BlockFi offers much higher interest rates higher than comparable traditional bank savings accounts. In addition, Blockfi has a welcome program for new investors that allows you to earn a cashback bonus.

BlockFi referral code: FAQ

What is BlockFi?

Founded in 2017, BlockFi is an NYC-based non-bank lending company that offers competitive interest-bearing savings accounts for cryptocurrencies, including BTC, ETH, USDC, and PAX. BlockFi generates interest on assets held by lending funds to institutional and corporate borrowers. Interest is accumulated from the day the platform receives your deposits. Read my full review of BlockFi here.

What are BlockFi’s interest rates?

Users can earn up to 8.6% interest on their deposits. While rates vary, account holders can currently enjoy up to 5% on BTC, 4.5% on ETH, 5.5% on LTC, 8.6% on USDC, 8.6% on GUSD, and 8.6% on PAX deposits.

Where is BlockFi available?

The BlockFi Interest Account is available to clients worldwide, with a few exceptions. For example, BlockFi is not available to clients located in sanctioned or watchlist countries.

Is BlockFi Safe?

BlockFi keeps reserves stored with the crypto custodian Gemini, a New York trust company regulated by NYDFS.

Is BlockFi Regulated?

BlockFi s registered with the U.S. Department of Treasury Financial Crimes Enforcement Network (“FinCEN”) as a money services business (“MSB”). Furthermore, BlockFi is licensed and regulated in several states in the US.

How do you get a bonus on BlockFi?

From time to time you can get a Bitcoin bonus on BlockFi by making a trade on any cryptocurrency on the platform, but only during select periods.

How does the BlockFi referral system work?

BlockFi’s referral system works like this: When you refer friends to the platform and they deposit $100 or more into their BlockFi Interest Account, both you and your friend earn $10 in Bitcoin.

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Lucas P.
About the author: Lucas P., a pen name for privacy reasons, is an investor, hobby finance writer, and die-hard FIRE enthusiast. Lucas has previously served as editor for a news outlet in his European home country but now spends his time dabbling with traditional and alternative investments. To learn more about Lucas, visit his profile page.