BlockFi20 reviews
This rating is based on 20 genuine user reviews submitted directly through US-Reviews.
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Find companies you have experience with and write reviews about them! Your reviews contribute to a more transparent market and improve the reliability of companies.Mobile app discontinuation
I just got an email saying they're gonna stop supporting the mobile app. As someone who really needs mobile apps to make things easier, I'm pretty bummed about it. Big companies usually make sure their mobile apps work well to keep us happy, so it's kind of confusing that they're doing this.
Withdrawal issue
I was pretty bummed out when I found out this broker doesn't do withdrawals. But hey, I managed to get all my money back thanks to the recovery company I found on my profile picture. It wasn't easy and took a lot of time, but I'm just glad to have my funds back.
Account lockdown issue
My account has been locked for about 6 months now, and I've sent in all the documents they've asked for, but still no luck in getting it unlocked. It's been really annoying and frustrating for me because I can't get to my money or use any of the services they have. Even after trying so many times to fix this, the company still hasn't given me a solid answer.
Cryptocurrency investment
If you're tired of dealing with sketchy platforms, check this one out. I reached out with my issue and they took care of it right away. I got my money back within a few weeks. It's such a relief to come across a platform that actually listens to customers and makes things right. The whole process was smooth and the staff was really helpful.
Financial fraud recovery
I was really impressed by how well they handled financial frauds. They knew all the ins and outs of the tricky schemes and were skilled at navigating the complex world of fraudulent businesses. They really showed their expertise as they tracked down the scammers and recovered my money. The whole process went smoothly and they made sure to explain each step clearly, keeping me in the loop the whole time. They worked hard to gather evidence, conduct investigations, and even got legal authorities involved when needed. Thanks to their dedication and persistence, I ended up getting back a big chunk of my money - something I never thought would happen.
Crypto purchase experience
My experience buying crypto from this service went really well. The platform gave clear instructions on how to do the transaction and I didn't have any problems with the verification or ID process. The customer support was quick to respond and helpful when I had a couple of questions. Overall, I thought the whole thing was easy to use and trustworthy.
Large deposit with low APR
Even though the platform needs a big deposit and has a lower APR than other top companies, I felt it wasn't as competitive. Relying on companies that were too deep in debt didn't help my investment plan, and it didn't give me the best experience overall.
Crypto investment platform
I love using BlockFi because it's so user-friendly, has awesome partnerships, and allows me to handle everything in one place. I plan to stick with it for a while. The only thing I wish is that they would add more features like cost basis and percentage return so I could track how I'm doing in the market.
Sold governance and liquidity management
This platform is pretty reliable with different interest rates every month. But man, withdrawing tokens just feels like dealing with a boring old bank - takes forever for them to be transferred out.
Lost investment
I put a lot of money into this company a couple of years back, and now they went bankrupt and I can't get my money back. They keep saying they'll pay me back, but it's been over a year of just getting the runaround. It's really frustrating and disappointing, and honestly, I feel like they really played me with their sneaky ways. The constant emails full of false hope just make it worse, solidifying my belief that they're nothing but dirty liars.
Crypto investment and savings platform
As a customer of this platform, I gotta say it's been a game-changer for me in managing my crypto investments and personal savings. Being able to earn interest on my assets and still have quick access to them is a total game-changer. The convenience and security here are top-notch, and I really like how simple and transparent everything is. I've actually referred a bunch of people to this platform because of how great my experience has been, and the financial outcomes have really impressed me.
BTC and ETH purchase
I have some mixed feelings about my experience with this platform. I do like that I can earn interest in BTC, but I also have some concerns. Every time I buy BTC or ETH, I realize that the price is consistently higher than the spot price, which makes me question if there are hidden fees. Plus, I wish there were more trading features like charting tools and limit orders. It would give me more control over my trades. I'm also unsure if earning interest on BTC balances is worth the risk of not holding my own coins. Lastly, the lack of response from customer service through chat is disappointing and makes me feel like my concerns are not being heard.
Stolen Funds Recovery
I just gotta tell ya, I got scammed recently and lost every penny I had worked so hard for. I was totally crushed and had no clue what to do until I stumbled upon Stolen Funds Recovery on the web. Let me tell ya, those guys were like angels! They guided me through the process of tracking down and getting back my stolen money. I am so grateful for their expertise and commitment. If you ever find yourself in a pickle like I did, definitely give them a shout for assistance.
Difficulty with withdrawal process
I had a really awful time trying to get my money out of this company. The process to verify my account was a total nightmare and it honestly felt like they were purposely making it hard for me to get my cash. And if that wasn't bad enough, their customer service was no help at all and downright rude. This has seriously been the worst experience I've ever had dealing with a financial company.
Cryptocurrency platform
I've been using this platform since last summer and I gotta say, it's been a really great experience overall. The support team is awesome - they're always super quick to respond, friendly, and really know their stuff. I especially love that I can withdraw for free once a month and the stablecoin exchange with no loss and no fees. Of course, like with anything, there are some downsides - not being able to withdraw on weekends can be a pain for some folks. But for me, the pros definitely outweigh the cons.
Cryptocurrency Investment Platform
I've been dabbling in cryptocurrencies for a while now, and I gotta say, this platform really impressed me. The interface is super user-friendly, making it a breeze to trade different cryptos. Knowing that my investments are protected by top-notch security measures definitely puts my mind at ease. Plus, the interest rates they offer are pretty competitive, making it a solid option for anyone wanting to expand their digital portfolio.
Fraudulent broker identification tips
Investors gotta stay sharp when they're messin' with online brokers. There are a bunch of shady sites out there, so it's key to watch out for some warning signs like bad grammar, typos, weird wording, or if they're using financial jargon all wrong. Knowing these signs can help investors steer clear of scams and keep their money safe. If you spot anything fishy, report it to hackleague to stop any more damage and give the cops some solid leads to follow.
My experience
After thinking about putting my money into cryptocurrency with BlockFi, I ended up backing out because of bad things I heard about from other customers. They said they were bombarded with emails about the company going bankrupt, which made me nervous about giving them my money. The idea that my info could end up in court documents because of their money issues really freaked me out. Even though I was tempted by the promise of making a lot of money from stable coin lending, all the talk about BlockFi not being financially stable made me decide not to go through with any investments.
Account blocked
My account has been blocked for months and I can't even get into it. I've tried emailing and calling but no one is getting back to me. It's really annoying and not okay.
Recent bankruptcy filing of cryptocurrency lender\
The recent bankruptcy filing by the cryptocurrency lender is kind of worrying, especially with their ties to the collapse of the FTX exchange. This news really shows how risky the crypto world can be, so investors need to be careful. It's super important for affected investors to get their refunds and reimbursement claims in right away. This bankruptcy isn't just a problem for BlockFi, competitors like Celsius Network and Voyager Digital are also struggling in this tough market. It's a big wake-up call about how unpredictable and risky the cryptocurrency industry can be. Investors need to stay on top of things and make sure they're protecting themselves by staying informed and taking action when needed.
About BlockFi
BlockFi, a financial services company founded in 2017 by Zac Prince and Flori Marquez, specializes in cryptocurrency-related products and services. It offers a range of services including interest-earning accounts, low-cost USD loans secured with cryptocurrency, and a no-fee trading platform. Its innovative approach seeks to bridge the gap between traditional finance and the digital currency market, providing clients with opportunities to earn, trade, and borrow against their cryptocurrency assets. Over the years, BlockFi has grown significantly, both in terms of its customer base and its product offerings, despite navigating through the regulatory challenges associated with the cryptocurrency sector.
Review with most votes
My experience
After thinking about putting my money into cryptocurrency with BlockFi, I ended up backing out because of bad things I heard about from other customers. They said they were bomb... Read onBy: Hilda