Post
Topic
Board Service Discussion
Re: Blockfi - Any reviews or pointers ?
by
hugeblack
on 22/05/2020, 22:45:32 UTC
If your investment plan is based on taking advantage of a 5% interest rate on your BTC deposits, then you will most likely lose your money because of the following:

 - High fees.
 - A lot of identification documents.
 - The possibility of adjusting interest rates.
 - Nothing guaranteed, so be careful: no deposit insurance, as if it were in a bank account.
 - withdrawals can take up to several days


There was a data breach this week.
According to their statement, the clients ’money is safe ------> BlockFi’s Data Breach May Allow Criminals to Extort Rich Clients.