Cybersecurity

Trading Now Available on the BlockFi App

Published, 25 June, 2020

We’re thrilled to announce the full release of the BlockFi mobile app, which now features trading functionality, the ability to wire funds, and an improved login experience with Face and Touch ID.

These new features add to an already impressive suite of capabilities that enable clients to open and manage a BlockFi Interest Account (BIA), apply for crypto-backed loans, and transfer funds directly from their bank or crypto wallet. The app is available for Android and iOS.

We’re committed to building financial solutions that make it easier for clients to manage their money and empower them to grow wealth. The BlockFi app brings greater convenience and ease-of-use to members of the crypto community, letting them access their BlockFi account from any smart device.

Key features include:

Face or Touch ID authentication – With new Face or Touch ID authentication, you can quickly and easily log in or sign up to earn interest, borrow USD, trade currencies, and instantly access your portfolio through BlockFi’s seamless mobile platform, while knowing your account is safe and secure.
Zero-fee mobile transfers and trading – You can fund a BlockFi account directly from your bank or crypto wallet, and seamlessly trade between Bitcoin, Ether, Litecoin, USD, PAX and the Gemini Dollar (GUSD) within the BlockFi platform. Plus, there are no fees for trading.
Interest-earning accounts with up to 8.6% APY – Make money on crypto with a BlockFi Interest Account (BIA). There are no fees, and you can earn up to an 8.6% annual return on popular crypto and USD-backed stablecoins like Bitcoin, Ether, Litecoin, USDC, GUSD, and PAX. It’s a simple, secure, and smart way to grow wealth. You’ll start earning interest on the first day a deposit hits your account, with compounded interest paid every month.
Crypto-backed loans – Whether you’re looking to put money toward a house, launch a new venture, or pay down debt, you can secure a loan using crypto as collateral and get USD, without selling assets or triggering taxable events.
Industry-leading financial tools and resources – With decades of expertise in trading and financial services, the BlockFi team helps clients stay informed as markets evolve.
Backed by Gemini – BlockFi keeps your crypto secure by working with our primary custodian Gemini, a regulated trust company and the crypto industry’s most trusted financial custodian.

“Interest in cryptocurrencies has grown past niche crowds and as new audiences of crypto curious consumers emerge, they will be looking for tools that feel familiar to them in how they have managed their money,” said Zac Prince, Founder and CEO, BlockFi. “While the BlockFi app grants greater convenience to current clients, it is also designed to appeal to those eager to make their first investment in crypto. BlockFi is the perfect place for them to make this leap. Not only does the app connect with these consumers on their level, providing a friendly and easy-to-use channel, but it also enables them to earn up to 8.6% interest on their cash through crypto, something no one else can offer.”

Last updated on February 3rd, 2021

As of February 14, 2022, the BlockFi Interest Account (BIA) is no longer available to new clients who are US persons or persons located in the US and existing US clients with BIA accounts are unable to transfer new assets to their BIAs. Learn More.

BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access

BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access

Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.

BlockFi Rewards Credit Card: For more information, please see BlockFi’s Terms of Service. BlockFi is not a Bank. Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa® USA Inc. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by BlockFi.

BlockFi International Ltd. holds a Class F digital assets business license under the Digital Assets Business Act, 2018 (as amended) and is licensed by the Bermuda Monetary Authority to conduct the following digital assets business activities: (i) issuing, selling or redeeming virtual coins, tokens or any other form of digital assets (ii) operating as a digital asset exchange (iii) providing custodial wallet services (iv) operating as a digital asset derivative exchange provider and (v) operating as a digital assets services vendor.

See blockfi.com/terms for more information.

BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access

BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access

See blockfi.com/terms for more information.

Trading Now Available on the BlockFi App

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