BlockFi Interest account Now live.

BlockFi has finally opened to the public -with a minimum deposit of 1 BTC or 25 ETH, you can earn 6.2% interest on your BTC.  From their press release:

Today we’re excited to announce the launch of the BlockFi Interest Account (BIA). Available to the public starting today, users can securely store their Bitcoin or Ether at BlockFi and receive 6% annual interest, paid monthly in cryptocurrency. Interest earned in a BIA compounds monthly, delivering an industry-leading APY of 6.2%. The program has been in private beta since the beginning of 2019 and already holds over $10 million in assets from retail, corporate, and institutional crypto investors.

“The launch of BIA is another significant step in BlockFi’s goal of becoming the go-to provider of financial services for crypto investors,” said BlockFi CEO Zac Prince. “Lending and borrowing is readily available at the institutional level, and we’re excited to leverage our relationships and capital markets expertise to provide utility and yield on digital assets for all crypto investors.”

For more info, or to open your own account: BlockFi Interest Account

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