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Rated 1 out of 5 stars

I opened an account here, but never deposited. Now they continue to spam me with emails about their bankruptcy proceedings, and makes me wonder if they included my name in the court filing for the peo... See more

Rated 1 out of 5 stars

THIS BUSINESS SUCKS IVE BEEN WAITING 5 BUSINESS DAYS AND STILL CANT WITHDRAW AND THE MARKETS ARE BULLISH. READ FINEPRINT BEFORE MAKING AN ACCOUNT WITH THESE PEOPLE Literally I don't know why I chose... See more

Company replied

Rated 1 out of 5 stars

BlockFi uses arcane nuances in their agreements to rip off customers. I've discovered the BlockFi charge card is all of a sudden, not a BlockFi product. That is, BlockFi can freeze my crypto balance... See more

Rated 3 out of 5 stars

I want to like Blockfi more than I do but there are a number of limitations/issues that cause concern. - while Blockfi says it does not charge trading fees, EVERY purchase I have made for BTC & ET... See more

Company replied

Company details

  1. Cryptocurrency Service

Written by the company

Earn interest. Buy Bitcoin. Borrow USD. Grow wealth. Do more with your crypto.


Contact info

You should know

1.5

Bad

TrustScore 1.5 out of 5

212 reviews

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Hasn’t replied to negative reviews

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Rated 3 out of 5 stars

I want to like Blockfi more than I do…

I want to like Blockfi more than I do but there are a number of limitations/issues that cause concern.
- while Blockfi says it does not charge trading fees, EVERY purchase I have made for BTC & ETH have gone through above the spot price. Is Blockfi charging a premium?
- there is no charting feature or ability to place a limit order at a set price.
- while earning interest in BTC is a nice feature, does it offset the risk of not holding my own coins?
- I have sent one or two questions to Blockfi via chat that have not received a reply.

March 18, 2021
BlockFi logo

Reply from BlockFi

Hey Brian! We're always working to improve so really appreciate you taking the time to share your feedback — I'll be sure to pass it along to the team. The prices BlockFi offers to our clients for buying and selling digital assets may vary, on average, + / - 1% relative to an asset's spot index price. You can learn more here: https://help.blockfi.com/hc/en-us/articles/360051126151-How-is-the-trade-price-set-.

Rated 5 out of 5 stars

The BlockFi experience has been an excellent one!

The BlockFi experience has been an excellent one. Very simple to get online and to wire assets into my account. Trading has been instantaneous and the iPhone app has also been very simple to use.

One question I have is how to make sure my interest is in BTC - I believe it is. Also, should I use cold storage as well?

February 25, 2021
Rated 5 out of 5 stars

Five star experience so far

Five star experience so far. I chose BlockFi over competitors because of their reputation and partnerships in the crypto space. The simplicity of the interest accounts and the ability to purchase all in one place make BlockFi great. I see BlockFi being part of my long-term investment plan. I would love to see more features in the future. Basic things like cost basis, % return would give a greater sense of how you're doing in the market.

February 25, 2021
Rated 4 out of 5 stars

Excellent service

Excellent service, reliable and serious assistance. The only flaw is that everything is not very dynamic, and withdrawals never take place on the day of the request.

February 25, 2021

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