Maybe this is not so much about BlockFi itself. It is the result of recent BTC and ETH pump, but I have been HODLing coins in BlockFi for over 7 months and finally made it to $1 interest a day which was my goal 🥳
Jan: $21.70
Feb: $16.16
Mar: $12.82
Apr: $27.63
May: $25.53
Jun: $25.59
Jul: $33.84
In February and March, BTC crashed hard and my interest went down so that could happen again, but right now I am happy with the BlockFi HODL result especially I haven't deposited any money into this account for several months and doing 100% nothing for these earnings. My coins just sit there, marinating and then producing compound interests 👍
HODLing is a very slow, boring process, but good things CAN happen. Hopefully my $1 interest will grow bigger and become $2 in next several months?
I don't have litecoin (LTC) in my account, but they increased the APY on Litecoin this month from 3.8% to 5%
And LTC is not too bad?! I think it is riding the wave with BTC.
source
So this could be a good option, potentially increase interest.
Other interest rates
BTC: up to 6%
ETH: 4.5%
USDC: 8.6%
GUSD: 8.6%
PAX: 8.6%
(interests are credited first day of every month)
I have been using BlockFi for several months and
I didn't know they had this option 👇
I always thought interests are earned in the same currency but they have this flexible interest option. I am thinking about changing all the interests into BTC 🤩
They always have some sort of bonus promos, but if you are interested,
You can get some easy sign up bonus 👇
HODL Strong and Prosper! 🤣 🤣 🤣
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