Buy Verified Blockfi Accounts

$150.00

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Description

BlockFi clients can make a crypto deposit into an interest-bearing account and earn passive income. Interest is paid once a month, which increases the total annual income.

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BlockFi employs an automated risk management system that monitors positions around the clock, gives early warning of declining borrowing costs, and manages balances to ensure hassle-free withdrawals from interest-bearing accounts.

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Clients’ assets are held by the custodian Gemini, in a unique wallet that belongs to him. The activity of the company is licensed by the New York State Department of Financial Services and complies with SOC 2 security requirements. It uses exclusively cold storage of funds with full protection from outside attacks and with strictly controlled access.

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BlockFi provides legal guarantees for the safety of funds. First of all, this is a loan agreement, which is automatically signed at the time of loan processing.

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For US residents, a UCC-1 document is also created, informing the regulator about the storage of user funds with the company. It is needed in case the blockchain becomes inoperable.

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