Disclaimer: BlockFi Interest Accounts have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States, to U.S. persons, for the account or benefit of a U.S. person or in any jurisdiction in which such offer would be prohibited.
For the purposes of this promotion, BlockFi Account refers to either the BlockFi Wallet or the BlockFi Interest Account. The referee must use a valid referral code at signup and transfer and hold at least $100 in any type of cryptocurrency or stablecoin in a BlockFi Account for the first 30 days after the $100 funding threshold is met, otherwise neither the referrer or referee will be eligible to receive the payment. The referee is responsible for ensuring that the correct referral code was applied before initial funding of the BlockFi Account. Referees can check if they have a valid referral code applied to their account at https://app.blockfi.com/settings/referrals after signing up. Cryptocurrency prices fluctuate, and therefore it is the responsibility of the referee to ensure that the $100 minimum is maintained over the course of the 30-day period immediately following the $100 funding threshold being met, including during cryptocurrency price declines. Referral payments are made to both the referrer and the new client they referred on the second Friday of every month after the initial aforementioned 30 day holding period.
If the referrer is a BlockFi Rewards Credit Card holder, both the referrer and the referee will get an additional $30 in BTC on top of the base Refer-a-Friend program rewards, under the same conditions that the referee must transfer and hold at least $100 in any type of cryptocurrency or stablecoin in a BlockFi Account for the first 30 days after the $100 funding threshold is met. For the first 5 friends a client refers, the referrer (client) will earn $10 in BTC per referral and referees (new referred clients) will be paid a one time bonus of $10 in BTC. After a referrer has achieved 5 successful referrals to BlockFi, each subsequent referral will earn them an extra $10 in BTC on top of the original referral reward after the given referee has been paid out. Each new referee will still only earn a one time bonus of $10 in BTC.
This program is subject to change at any time without notice and will only pay bonuses to referrals that BlockFi deems eligible. Unless otherwise noted, this offer cannot be combined with other concurrent promotions. Examples of ineligible referrals shall include (but are not limited to) using your referral code in personal online web pages/landing pages, or any paid promotion methods such as Google Ads, Facebook Ads, banner ads or other paid channels. In addition, a client is not permitted to refer to themselves or legal entities within their control, or use any other method to game the referral program for repeat bonus payments. If a client is suspected of referral fraud in any way, BlockFi reserves the right to remove the referrer or referee from the program, void any past and future bonus payments, and take any other related action it deems appropriate.
Digital currency is not legal tender, is not backed by any government, and BlockFi Accounts are not subject to FDIC, SPIC, or other similar protections. Crypto interest rates (if applicable), rewards, withdrawal limits, and fees are subject to change and are largely dictated by market conditions. Digital currency values are not static and fluctuate due to market changes. BlockFi Accounts are not a risk-free product and loss of principal is possible. Products and services may be limited in certain geographic areas and are subject to all applicable terms and conditions. Eligibility for particular products, promotions and services is subject to final determination by BlockFi. See Blockfi.com/terms for more details.