BlockFi Bitcoin & Crypto Loans

https://blockfi.com/

About

BlockFi Bitcoin & Crypto Loans is an online platform, accessible via blockfi.com, specializing in cryptocurrency lending. Its core offering allows users to obtain loans against their Bitcoin and Ethereum holdings while crucially retaining ownership of their crypto assets, a key differentiator highlighted by their slogan: 'YOU REMAIN THE OWNER OF YOUR CRYPTO! Don't watch the next bill run from the sidelines because you sold.' Operating under a Free Proprietary license, BlockFi leverages blockchain technology and supports features for users to suggest and vote on new functionalities. While specific details regarding its founding history, revenue, leadership, employee count, and precise market position are not available in the provided data, it operates within the competitive cryptocurrency loan market, with services like CoinRabbit being mentioned as alternatives. The platform is primarily focused on Bitcoin and Ethereum within the broader cryptocurrency industry.

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User Reviews

15 reviews

Negative
Pros
USD liquidity access
Low interest rates
Easy application process
No credit checks
Flexible repayment options
Cons
Forced liquidation events
Custodial asset risk
Post-bankruptcy recovery issues
Significant tax burden
Market volatility exposure
Unfair loan termination
Key Themes
Loan liquidation management
Custodial asset risk
Post-bankruptcy payouts
Crypto-backed loan risks
Loan terms and features
Website Performance Score
Website Performance Score
Recent News
Company Details

Industry

Cryptocurrency

Founded

Not specified

Company Size

Not specified

Location

Country

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Region

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City

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