How does BlockFi's interest account work for digital asset holders?

Shivaling NeralagiJun 12, 2020 · 5 years ago3 answers

Can you explain how BlockFi's interest account works for holders of digital assets?

3 answers

niksusApr 15, 2023 · 2 years ago
Sure! BlockFi's interest account allows digital asset holders to earn interest on their holdings. When you deposit your digital assets into BlockFi's interest account, they are lent out to institutional and corporate borrowers. In return, you earn interest on your holdings. The interest rates vary depending on the type of digital asset and market conditions. BlockFi pays interest monthly and the interest is compounded, which means you earn interest on your interest. It's a great way to earn passive income on your digital assets!
Mohammed Farhan SMar 16, 2021 · 4 years ago
BlockFi's interest account is a simple and convenient way for digital asset holders to earn passive income. By depositing your digital assets into the account, you can earn interest on your holdings. The interest rates are competitive and are paid out monthly. Plus, the interest is compounded, so you can earn even more over time. It's a win-win for digital asset holders!
lekshmi pradeepAug 06, 2024 · 10 months ago
With BlockFi's interest account, digital asset holders can earn interest on their holdings without the need for active trading. By depositing your digital assets into the account, you can earn a passive income stream. The interest rates are competitive and are paid out monthly. BlockFi is a trusted platform with a strong track record in the industry. It's a great option for those looking to make their digital assets work for them.