Are there any fees associated with a BlockFi interest account?

3 answers

• Imtiaz AhmadOct 09, 2021 · 4 years ago
  Yes, there are fees associated with a BlockFi interest account. BlockFi charges an origination fee of 2% on loans and a withdrawal fee of 0.0025 BTC for Bitcoin and 0.0015 ETH for Ethereum. These fees are deducted from the loan or withdrawal amount. It's important to review the fee structure before using BlockFi to ensure you understand the costs involved.
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• Elgaard ValentineMay 09, 2021 · 4 years ago
  Absolutely! BlockFi interest accounts do have fees. They charge an origination fee of 2% on loans and a withdrawal fee of 0.0025 BTC for Bitcoin and 0.0015 ETH for Ethereum. These fees are deducted from the loan or withdrawal amount. Make sure to factor in these fees when considering opening an account with BlockFi.
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• Christoffersen ClausenFeb 18, 2024 · 2 years ago
  Yes, there are fees associated with a BlockFi interest account. BlockFi charges an origination fee of 2% on loans and a withdrawal fee of 0.0025 BTC for Bitcoin and 0.0015 ETH for Ethereum. These fees are deducted from the loan or withdrawal amount. However, it's important to note that the interest earned on your account can help offset these fees, making BlockFi still a viable option for earning passive income on your crypto holdings.
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