When using Every Bit Helps exclusive best BlockFi referral code you can earn up to a $250 Bitcoin bonus. The bonus you receive will depend on the amount you deposit into your BlockFi Interest Account (BIA). To earn a BlockFi BTC bonus, you can deposit as little as $100. To get up to a $250 Bitcoin bonus, sign-up using our exclusive link and BlockFi Referral Code: PARTNER250 (the referral code should pre-populate).

Once you have made a deposit, you can start earning up to 8.5% interest on your cryptocurrency and stablecoins.

BlockFi Referral Code October 2021

BlockFi Referral Code 2021Use our exclusive Every Bit Helps link & code: PARTNER250
BlockFi Sign-up BonusNew Users Receive up to $250 BTC Bonus
Referral Bonus TermsNew users will receive up to a $250 BTC bonus depending on the amount deposited
Bonus Last ValidatedOctober 2021
BlockFi Referral Code 2021

What is BlockFi?

BlockFi is a centralized lending platform that provides loans secured with cryptocurrency collateral. They also provide interest accounts that generate up to 8.5% APY for users who store their crypto. BIA accept deposits of BTC, ETH, LTC, LINK and a number of Stablecoins. There is no minimum amount required to begin earning interest and they offer one crypto and one stablecoin withdrawal per month. For more information check out our BlockFi review and tutorial

BlockFi Review 2021

BlockFi Referral Bonus Rates

The BlockFi referral bonus you receive will depend on the amount deposited into your BIA. For example, to earn the maximum $250 BTC bonus you will need to deposit over $100,00 and use our BlockFi referral code. However, you can deposit as little as $100 and still receive a Bitcoin bonus.

TierDeposit AmountBTC Bonus
1$100 – $1,499$15 BTC
2$1,499 – $19,999$20 BTC
3$20,000 – $39,999$40 BTC
4$40,000 – $74,999$75 BTC
5$75,000 – $99,999$100 BTC
6$100,000+$250 BTC

BlockFi Supported Crypto

BlockFi interest accounts currently accept deposits of the following cryptocurrencies and stablecoins with no minimum amount required to begin earning interest:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Chainlink (LINK)
  • Uniswap (UNI)
  • Basic Attention Token (BAT)
  • USD Coin (USDC)
  • Tether (USDT)
  • Gemini Dollar (GUSD)
  • Paxos Standard Token (PAX)
  • Dai (Dai)
  • Binance USD (BUSD)
  • PAX Gold (PAXG)

BlockFi Interest Rates

BlockFi uses a tiered interest structure, based on the amount deposited. The annual percentage yield (APY) you receive into your BIA will depend on your tier. Interest on deposits is paid out at the beginning of every month and the interest earned will compound.

CryptoAmountAnnual Percentage Yield (APY)
BTC (Tier 1)0 – 0.10 BTC4.5%
ETH (Tier 1)0 – 1.5 ETH5%
LTC (Tier 1)0 – 20 LTC4.75%
LINK (Tier 1)0 – 100 LINK3.5%
USDC (Tier 1)0 – 40,000 USDC8.25%
GUSD (Tier 1)0 – 40,000 GUSD8.25%
PAX (Tier 1)0 – 40,000 PAX8.25%
PAXG (Tier 1)0 – 1.5 PAXG3.25%
USDT (Tier 1)0 – 40,000 USDT8.25%
BUSD (Tier 1)0 – 40,000 BUSD8.25%
DAI (Tier 1)0 – 40,000 DAI8.25%
UNI (Tier 1)0 – 1003.25%
BAT (Tier 1)0 – 4,000 BAT3.25%

If you would like a breakdown of all the tiers BlockFi offers you can check out their list here.

BlockFi Fees

BlockFi allows users to withdraw their funds at any time. However, they only offer one free crypto withdrawal and one free stablecoin withdrawal per calendar month. Depending on how much you deposit into your account, these additional withdrawal fees can be very expensive. Additional withdrawals will incur the below charges;

CryptoWithdrawal LimitFees
BTC100 BTC per 7-day period0.00075 BTC
ETH5,000 ETH per 7-day period0.02 ETH
LINK65,000 LINK per 7-day period0.95 LINK
LTC10,000 LTC per 7-day period0.0025 LTC
Stablecoins1,000,000 per 7-day period$10.00 USD
PAXG500 PAXG per 7 day period0.015 PAXG
UNI5,500 UNI per 7 day period1 UNI
BAT2,000,000 BAT per 7 day period35 BAT

BlockFi Supported Countries

BlockFi is available in every US state excluding New York and Connecticut. Internationally, BlockFi isn´t available for residents of Cuba, Iran, North Korea, Sudan and Syria, 

BlockFi Alternatives

We personally invest in BlockFi (and a lot of their competitors) to be able to bring you these reviews and tutorials. Plus we also like to diversify our investments and not put all our eggs in one basket. Although they offer some fantastic rates compared to traditional financial markets, there are some similar platforms that offer higher rates. Some of the platforms we have covered and are worth checking out are Celsius Network, Nexo, Binance and Huobi Earn. Each has its own pros and cons, but I recommend taking a look at our tutorials and decide for yourself. They all offer some attractive referral bonuses that you may also be interested in.