BlockFi Referral Code & Link

Use this BlockFi referral code link to get $10 of free Bitcoin on BlockFi when you sign up, fund at least $100, and maintain a $100 balance for 2.5 months.

IMPORTANT! You have to fund the account with $100 (minimum) and maintain a balance of $100.

The minimum referral bonus is $10 for funding your account with $100, but you can earn more. To earn a higher referral bonus on BlockFi you just fund your account with more.

With BlockFi this referral link will allow you to earn $10 of Bitcoin when you sign up, fund the account with a minimum of $100 and then keep $100 in your account until the bonus is paid. I will also get $10 so thank you for using my link!

How to Use The BlockFi Referral Link

Unlike some other investing apps where you can also buy Bitcoin like Cash App’s referral code program, BlockFi has a referral link system.

This means to get the bonus you need to click through the link and immediately sign up to avoid missing the referral bonus.

This step-by-step tutorial shows you how to sign up for BlockFi via a referral link and get the free $10 Bitcoin bonus in 2021.

The following instructions will show you:

The steps you need to get the referral bonus with BlockFi.

Opening Your BlockFi Account

  1. Click on the referral link here which will take you to a sign up screen
  2. Click “Get Started” button to begin the process
  3. On the sign up page you will enter: First Name, Last Name, Email
  4. Create a password for your account
  5. Enter BlockFi referral code 95257298
  6. Check the boxes and click blue “Submit” button
  7. Verify you are a human with the Captcha and click “Verify”
  8. BlockFi will send you a verification email
  9. Open your email and find the verification email from BlockFi
  10. Click on the “click here” which will redirect to BlockFi showing your email has been verified
  11. Click “Back to login” button

Verifying Your Identity On BlockFi

  1. Enter your email and click “Continue” button
  2. Enter your password and click “Continue” button
  3. Currently they had info about regulatory issues where you have to click “I understand”
  4. Block Fi will then ask a series of questions to open your account:
  5. What is your account type? Individual or Business
  6. What’s your address? Enter your country and click “Continue” then your address and click “Continue”
  7. What’s your phone number? Enter your phone number and click “Continue”
  8. What’s your date of birth? Enter your birthdate and click “Continue”
  9. What is your source of funds? Choose how you will make money. Click “Continue”
  10. What’s your SSN? Enter your social security and click “Continue”
  11. Next BlockFi will require you to verify your identity – click blue “Complete Identity Verification”
  12. On the next screen click blue “Begin Verifying” button
  13. Enter your phone number again and click “Get Started” button
  14. Confirm your phone number with the code BlockFi sends you via text
  15. Confirm the personal info is correct and hit the blue “Continue” button (if there are problems you will have to upload an id)
  16. BlockFi will verify your identity and then you can click the blue “Done” button
  17. Your profile will then be submitted and reviewed by BlockFi (this can take up to 1-2 business days but took 1 hour for me)

Funding Your BlockFi Interest Account

  1. BlockFi will email you when it is complete and you can go to the site or app and log in
  2. Now you need to fund your account by clicking the top menu and “Fund” in the dropdown
  3. You can fund your account in many different ways, I chose to send Bitcoin from Coinbase to BlockFi
  4. Select the currency you will receive at BlockFi from the dropdown menu
  5. This will show you the correct address – for Bitcoin it will say BlockFi Bitcoin Address and have a warning about sending the correct type of crypto asset to this address (you must select the correct crypto that you will send)
  6. You can also use Plaid to connect your bank account to send money via ACH (I had trouble with this and decided to just send Bitcoin since I had it already)
  7. Copy the BlockFi address and then paste into the app where you are sending crypto from
  8. Wait for the transaction to go through and open up BlockFi again to see the amount in your Interest Account
  9. You must do at least $100 and keep it there for 2.5 months to get the bonus

Important!! To get your bonus Bitcoin you must do all the steps including funding the account for $100 and keep it in the interest account until the bonus is received.

BlockFi Interest Account Details

BloockFi Interest Accounts currently accept deposits of these cryptos with no minimum amount required to begin earning interest:

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

The typical BlockFi referral code bonus is paid in Bitcoin (BTC). It is normally $10 but can change depending on the amount of free BTC you receive as a bonus depends on the total deposits made within the 30 days of opening your account:

Deposit AmountBTC Bonus
$100 – $1,499 $15 BTC
$1,499 – $19,999$20 BTC
$20,000 – $39,999$40 BTC
$40,000 – $74,999$75 BTC
$75,000 – $99,999$100 BTC
$100,000+$250 BTC

BlockFi counts the total amount of deposits made in the entire month to determine your bonus. You do not have to contribute it all at once.

BlockFi Review

BlockFi is  is a lending platform. They provide fiat currency loans secured with cryptocurrency collateral. They provide interest accounts where you can put your cryptocurrency into BlockFi for a yield.

There is no minimum amount required to being earning interest with BlockFi. BlockFi Interest accounts accept BTC, ETH, LTC, USDC, GUSD, and PAX.

BlockFi is a centralized service, which is different than decentralized finance (DeFi) platforms. In some ways they operate like a bank would and they will require US residents to provide their personal information and social security number.

As they explain it: “We offer the best rates, most flexible structures and highest degree of security available in the blockchain lending ecosystem. Additionally, we operate within regulatory guidelines at the federal and state level in the United States.

The BlockFi team has decades of experience in consumer lending and financial services. BlockFi is the only independent lender with institutional backing from investors that include Valar Ventures, Winklevoss Capital, Galaxy Digital, Susquehanna, Akuna Capital, Fidelity, and some of the biggest names in the space.”

Positives to BlockFi:

  • BlockFi is easy to use and navigate even for a crypto newbie like myself.
  • Making trades is simple and easy.
  • The interest accounts offer a tangible result for owning cryptocurrency.
  • Interest rates paid are much higher than a traditional savings account.
  • The BlockFi support section on the website answers most of the major problems.

Downsides to BlockFi:

  • BlockFi does not have a lot of extra features, charts, or education available.
  • There are fees if you go beyond the one free withdrawal per month that BlockFi Interest Account users receive.
  • There are potential regulatory issues facing these types of accounts in the future.
  • No one knows the future of cryptocurrency.

If you are ready to use BlockFi to earn interest on your cryptocurrency, sign up using this referral link for $10 in Bitcoin.

BlockFi Rewards Credit Card Bonus

BlockFi launched its own credit card: the BlockFi Rewards Visa Signature credit card.

Other benefits include:

  • No fees: No annual fee. No foreign transaction fees.
  • Intro bonus: Earn 3.5% Bitcoin rewards on all purchases in the first 90 days of card ownership after activation, up to $100 in Bitcoin. To reach the full $100 cap would require at least $5,000 in USD card spend.
  • Trading bonus: 0.25% back in Bitcoin on all eligible trades, up to a maximum of $500 in Bitcoin each month
  • Spend bonus: Earn 2% back in Bitcoin on every dollar over $50,000 of annual spend. Rewards rate increases from 1.5% to 2% after $50,000 of spend has been achieved and resets on the card anniversary date every year.
  • Refer-a-friend bonus: $30 in Bitcoin for every client referral, on top of the base Refer-a-Friend program
  • Available to US residents in qualified states.

The BlockFi Rewards Visa Signature Credit Card does require “good” to “excellent” credit, but the good news is that you can see if you are pre-approved without having any impact on your credit.

You need to sign up for a BlockFi account to apply for the Bitcoin Rewards Credit Card. A BlockFi account is necessary to receive your rewards.

BlockFi Sign Up Bonus

How much will you get as a sign up bonus when you join BlockFi with a referral link?

The minimum BlockFi sign up bonus with a referral link is $10.

When you also use a referral code for a specific time sensitive promotion you can earn even more by funding your account with more.

The current funding amount at the time of this post in September 2021 is:

Deposit AmountBTC Bonus
$100 – $1,499 $15 BTC
$1,499 – $19,999$20 BTC
$20,000 – $39,999$40 BTC
$40,000 – $74,999$75 BTC
$75,000 – $99,999$100 BTC
$100,000+$250 BTC

BlockFi counts the total amount of deposits made in the entire month to determine your bonus. You do not have to contribute it all at once and you can receive up to $250 BTC for funding.

You can also increase the amount you earn by referring friends using your own referral link to BlockFi.

For each person you refer to BlockFi using your referral code the bonus you get will be the same as the sign up bonus: $10 in Bitcoin.

Either way you win when you use a referral link to sign up for BlockFi.

BlockFi Referral Code FAQ

Below are some of the questions I often get asked on videos about the BlockFi referral link program.

Is there a referral bonus for BlockFi?

Yes, there is a referral bonus! This referral link gets you $10 from BlockFi.

Is BlockFi safe?

BlockFi stores its crypto assets through Gemini which means it is only as financially secure as Gemini.

Gemini stores 95% of their crypto assets in cold storage which are insured by Aon. They are a licensed custodian regulated by the NYDFS, and recently received SOC2 compliance from Deloitte for their custody solution. you can read up more on Gemini to determine if you are comfortable with the security they have in place.

When you withdraw funds from BlockFi there is a 24-48 hours delay to process the transaction. This is designed to provide a period of time to stop any withdrawals from account hacks. BlockFi has not been hit by any large-scale hacks at the time of this post.

Can you refer friends with a BlockFi referral code?

Yes! For every person that signs up using your referral code and funds $100 or more into their BlockFi Interest Account (BIA), you and that friend will each earn $10 in BTC.

After five referrals, you will start earning a $20 BTC bonus for any additional referrals. Your referred friends will continue to earn $10 BTC bonuses after their qualifying deposits.

What’s the BlockFi referral link?

This referral link will get you the sign up bonus of $10 in Bitcoin when you sign up and fund an account with $100.

Can you still get the $10 referral bonus after signing up? 

Unfortunately the BlockFi referral program only applies to new users who sign up with a referral link from an existing customer. If you already signed up for an account without using a referral link then you will not be able to get the bonus added later.

Does the BlockFi sign up bonus expire?

Yes, you can lose the referral sign up bonus if you don’t fulfill all the requirements soon enough or withdraw your crypto assets too quickly.

Is there anything else to know?

Click Here For Important Regulatory Developments Regarding BlockFi Interest Accounts.

Use this referral link to get $10 of free Bitcoin on Coinbase when you buy or sell $100 in any crypto.

Interested in earning more free crypto? Check out the Coinbase referral program where you can get free crypto.

More Referral Codes

Want to earn more free stuff with other apps? I’ve got a whole page and YouTube playlist full of referral codes and referral links for the best financial apps!

I only include the apps I use and love so it won’t have everything, but you can get hundreds of dollars free just by using these referral codes when you sign up for things! The list includes apps for investing, saving, coupons, and more.

Check out the list of referral codes for free money!

Why Am I Sharing These?

First of all, referrals earn me money too! For every sign up you get a bonus and so do I! It’s usually the exact same amount you are receiving.

First of all, referrals earn me money too! For every sign up you get a bonus and so do I! It’s usually the exact same amount you are receiving.

Second, because it helps you. I’ve been in the position where I wanted to use an app or service but didn’t have access to a connection where I would receive a referral sign up bonus. It is frustrating!

Putting these referral codes and links out there can help others avoid that situation and I get a little bit of a kickback that helps me continue running this website to provide financial education. I love being able to give others free money!