Hello Crypto hodlers across the globe and welcome to a new year!
Today we are going to be going over the PROS of using Blockfi or the benefits.
For the CONS of using Blockfi view the other PUBLISH0X post by visiting the link below
https://www.publish0x.com/trevor-balthrop/blockfi-cons-xpjdzrx
I have decided to separate the PROS and CONS of using Blockfi into 2 different articles to help you compare or bookmark!
You are currently viewing the PROS of using Blockfi.com
So before you continue please understand this is not just some Trevor guy kissing ass on a good company ??
This article was written to show you some of the positive things to keep in mind when deciding to use Blockfi.
Hope it helps!
(Need a referral link w/ a bonus to sign up? I got you! https://blockfi.com/?ref=b2db60a1 )
PROS of Using Blockfi
1.
Trustworthy
Yes it is often the case hard to trust new places and some times even old places like we just experienced with Binance!
Lack of trust is NOT the case here with Blockfi and thank goodness for that.
Customers who decide to keep their Bitcoin or crypto stash with Blockfi can do so with 100% confidence.
They have a phenomenal executive staff & founder who have worked to bring legal crypto to the masses in a simple yet meaningful fashion.
Best of all, it is one that can be trusted and insured which isn't typically easy to find.
2.
Simple
Let's face it, this cryptocurrency and investing game isn't exactly easy.
In a world where people are looking to simplify everything things can get really overwhelming.
The plus side to Blockfi is they remove a lot of that overwhelming stress through their interface!
The options are limited to few Cryptocurrencies which could be viewed as a downside yes.
However!
It focuses on and sort of forces customers to consolidate their portfolios to some of the most important assets in the game.
Those being Bitcoin, Ethereum, Litecoin, PAXG, Paxos, USDC, USDT, and options to withdraw from your native currency via ACH or Wire Transfers.
Payout options are simple, withdrawing and depositing is simple, getting your interested every month is automatic.
Even their purchasing interface is simple and improved on all the time giving excellent information before transactions.
3.
Competitive
There is nothing more beneficial for customers than a little bit of competition!
Blockfi competes with other companies very well by offering the best most consistent rates.
They constantly work on new offers that help both new and existing customers.
Some of which occur without you even needing to touch your account if it is set up or maintained properly.
Their rates are some of the absolute highest in the market still going into 2021!
How many places can you name off of the top of your head that will give you 6% back just for holding Bitcoin?
Not many!
On top of that they just upped the competition by introducing the first Bitcoin Credit Card for US residents.
How many places can you name off the top of your head that give you 1.5% back for using a Credit Card?
Definitely, not as many!
Conclusion:
Holding with Blockfi is understandably a great option for literally anyone looking to be smart with their money!
No matter who it is that looks at Blockfi it is set up to benefit anyone dedicated to using it every month.
After a year these PROS to using Blockfi will become apparent as you start to see those interest payments come in.
For the CONS to using Blockfi refer to the following link for more info!
https://www.publish0x.com/trevor-balthrop/blockfi-cons-xpjdzrx
I go over some of the bad things to consider when considering to use Blockfi as a service.
Hopefully these articles will help others make the same decisions that made me successful!
Thank you tons for reading & if you want to try Blockfi with an added bonus.
Don't forget to use my referral link below for a nice Welcome gift for joining!
Thank you for reading!
https://www.trevorbalthrop.com
Use my referral link to sign up for CRYPTO.COM and we both get $25 USD ??
https://platinum.crypto.com/r/2eweb7tamb
Follow on Twitter if you dare!
@Trevor_Balthrop
https://www.twitter.com/trevor_balthrop
Hodl with Blockfi and get $50 USD schmeckles
https://blockfi.com/?ref=b2db60a1
