Making a name for itself as one of the most efficient crypto lending & borrowing players in the market allows you to earn interest when you deposit one of the supported cryptocurrencies in their interest account.
BlockFi also lets you take out loans collateralizing your crypto and offers you a chance to earn free Bitcoin on your deposits.
BlockFi Promo Code: How To Get Bonus By While Registering? [Use Referral Code partner250 ]
A plethora of online information makes it confusing to know the proper process and, specifically, the correct code.
Entering an expired or wrong code can lose you your chance to earn those free Bitcoins. So, in case you’re wondering what the right way and code to avail of this bonus are, read below for a step-by-step guide.
Step #1 – Go to the correct promo page by clicking here. The promo page will look like as shown below:
Step #2. Click on the Sing-up button as shown in the above image and fill in the necessary details to create an account on BlockFi.
Step #3. Fill in the details as shown below & enter the referral code ‘partner250’ to activate your bonus offer.
Step #4 – You might get a confirmation email where you need to verify your email ID.
Step #5- Your account with BlockFI is created. Now go and complete your KYC. BlockFi needs to verify that you’re an actual user. Hence, you’ve to complete the KYC process that can take upto 48 hours.
Step #6 – Once you receive a notification about your KYC being complete, you can deposit the amount you want to deposit to become eligible for the bonus.
Step #7 – Maintain the required balance in your BlockFi interest account for two and a half months to get the bonus.
What is the BlockFi Deposit Bonus amount?
BlockFi is known to run different bonuses from time to time, while the introductory bonus that you can get is $10.
But luckily, it is currently running a tier-based system for the bonus that depends upon the amount of cryptocurrency you deposit and maintain in your BlockFi interest account.
Look below for all the tiers and the bonus amounts.
| Tier | Balance Amount Needed | Payout | BlockFi Promo Code |
| Tier 1 | $25 – $249 | BTC worth $15 | partner250 |
| Tier 2 | $250 – $999 | BTC worth $20 | partner250 |
| Tier 3 | $1,000 – $4,999 | BTC worth $40 | partner250 |
| Tier 4 | $5,000 – $9,999 | BTC worth $75 | partner250 |
| Tier 5 | $10,000 – $19,999 | BTC worth $150 | partner250 |
| Tier 6 | $20,000+ | BTC worth $250 | partner250 |
Which BlockFi Referral Bonus Code To Use?
With tons of online information, it becomes challenging to determine the correct code that can get you the bonus.
This is why we have tried and tested different codes and concluded that ‘partner250‘ is the correct code that is currently functional and will get you the bonus amount.
What Is BlockFi Sign-up & Deposit Bonus?
As the name suggests, BlockFi sign-up & Deposit Bonus is a promotional offer that allows you to earn free Bitcoins by registering and depositing some cryptocurrency on the platform.
Yes, some terms & conditions are attached to it that include depositing a certain amount in cryptocurrency and holding it for a certain period. But, the process is relatively simple, and you get free Bitcoin which we all know is like getting a part of a holy grail without having to make serious efforts.
Why Use a BlockFi Referral Code While Signing Up?
Earning a bonus is the main reason why you should use a referral code but not the only one. Here are some reasons why you should use a BlockFi Referral code while signing up.
- Avail rewards
BlockFi runs various promotional offers from time to time, which is a great way to make money for free. However, BlockFi runs these offers through referral and promotional codes. By using a verified referral code, you can get your hands on upto $250 worth of Bitcoin.
- Not miss the opportunity.
Once you start using the platform and deposit the funds there, you won’t be able to use this or any other currently running codes. So, ensure to enter the code mentioned in this blog before you deposit funds. After all, who doesn’t like free money?
- Maintain anonymity and safety
In this information age, it’s essential to be able to distinguish between correct and incorrect information. There are parties out there that want to scam users by sharing false links, and these links might lead them to hack your data and funds. So, use a referral code and stay anonymous and safe!
BlockFi Promo Code FAQs
- Is it mandatory to deposit cryptocurrency to claim the sign-up bonus?
One of the essential conditions for eligible for this bonus is depositing cryptocurrency and maintaining the balance for two and a half months. Don’t forget, the amount of cryptocurrency you deposit will also determine the amount of bonus you get.
- How much Deposit Bonus can I get?
The amount of Deposit Bonus that you get is directly proportional to the amount you deposit and maintain in your BlockFi interest account. For this, BlockFi has shared a tier system which we have discussed above in detail. However, you can earn a maximum of $250 worth BTC.
- How can I get more bonuses?
To receive the highest possible bonus of Bitcoins worth $250, you need to maintain above $20,000 for two and a half months while making at least one transaction.
- In Which Currency Do I get my Bonus Reward?
BlockFi gives a bonus in Bitcoin in terms of USD. For example, by maintaining a balance between $100 – $1,499, you’re eligible to get $15 in BTC.
- For Whom Is This Deposit Bonus Available?
This Deposit Bonus offer is available for all new users who haven’t deposited any money in their interest accounts yet and are living in countries supported by BlockFi.
Terms & Condition To Claim BlockFi Bonus
There are some terms and conditions that you must follow to claim BlockFi Bonus.
- You should be a new user, or you haven’t deposited funds in your interest account yet.
- You must maintain the required balance in your account for two and a half months through the 14th of every month.
- The bonus amount is transferred by the second Friday of the following month of the two and a half months’ finishing deadline.
- This offer cannot be paired with any other running offer available on the website & there is a maximum of one bonus per client.
- Payout will be based on your average daily balance (USD equivalent) maintained through 23:59:59 UTC on the 14th of the month you are eligible to be paid on.
- Any withdrawals made before 23:59:59 UTC on the 14th of the payout month may affect your tier.
- BlockFi Interest Accounts are available in most countries worldwide and all U.S. states other than NY.
Conclusion
Cryptocurrency industry is growing rapidly, with numerous exchanges coming up globally. However, not all of them are worth your time and money. There are some exchanges like BlockFi that are better than others.
In case you’re looking for bonuses on crypto deposits, BlockFi is an excellent option due to its optimized features and the additional signing-up bonus that they’re offering.
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