BlockFi’s Affiliate program lets you earn money for all users that fund interest accounts and take out crypto-backed loans. This program is managed by Gen3Marketing to provide the best experience for affiliates. BlockFi’s interest accounts have no minimums and make it easy for users to start earning crypto-interest. BlockFi affiliates can earn up to $500 in referral bonuses.
BlockFi provides the wealth management products crypto investors need, all powered by blockchain technology. The BlockFi Interest Account (BIA) lets users put their crypto to work and earn monthly interest payments in the asset-type that they deposit with BlockFi.
BlockFi clients using the BIA earn compound interest in crypto, significantly increasing their Bitcoin, Ether, Litecoin, USD Coin (USDC) and Gemini Dollar (GUSD) balances over time. To know more about the company, watch this video:
BlockFi Affiliate Program
If you are a company, brand, or influencer interested in supporting the BlockFi brand, you can apply for their affiliate program and earn money for referring to funded loans. Affiliates are eligible to receive rewards for referring new customers to BlockFi. Refer a funded loan or interest account and get up to $500 in referral bonuses. If you have a publisher account with Impact Radius, you can join the program right away.
When users log in to BlockFi, the dashboard will display a Refer a Friend button at the top right corner of the page. When clicked, a pop-up will display the user’s unique code that can be shared on any site and used to refer new clients to BlockFi. Anyone who creates an account in the session following a click on that URL will be tagged to your account. If the new user funds their account, you will receive a referral award for getting them to join BlockFi.
Up to $500 in referral bonuses
Why Join BlockFi Affiliate Program?
- No Referral Limits – BlockFi does not limit the number of customers referred by individual affiliates.
- Open To Your Ideas – BlockFi makes product decisions based on client feedback, and that extends to their affiliates too.
- Accurate Tracking And Reporting – Impact Radius offers world-class reporting, tracking, and analytics.
BlockFi locked my account with $25,000 inside
BlockFi.com locked my account with $25,000 inside, around 80 days ago, and they are not willing to process a refund. They are asking for a court order just for them to process a refund.
After seeing a bunch of info about the products BlockFi offers that seemed attractive at first glance, I decided to open an account. Within minutes the account was ready to take the money out from my bank. No photo identification required, by the way.
I started depositing money, and seemed easy compared to other services of this kind.
After a while, I thought it would be a good idea to secure some funds by processing two Crypto withdrawal requests.
I've been waiting for two days (the minimum waiting time offered for a Crypto withdrawal), but instead of processing my requests they asked me for verification via ID/Passport, photos/video using my phone..(a regular request of any CEX), but what's strange, it's that they will ask for Verification after they allow you to deposit large amounts of money, and not before, as any other service does. I wonder what would happen with your money in a strange scenario where (for some reason) you can't successfully pass the Verification.
But... that was Ok. I successfully processed the verification within minutes.
Then, surprise..... Because I had two pending withdrawal requests for two different Crypto coins, even if one of them was for a very small amount being executed just for me to understand their withdrawal process, BlockFi asked me to get Verified once again. Not a different Verification process. Just the same one I had successfully executed minutes ago.
No problem! I did it again "You're all set !".
Within minutes, I got an email notifying that my BlockFi account was locked. No explanation other than asking to read their TOS, and the following notice..... "Should you be unable to retrieve funds through your bank, you must wait 60 days from receipt of this email before requesting a manual wire withdrawal to the source bank account. Please note that we may require identity verification to process the withdrawal. Note: Any requests made to BlockFi about your account funds will be ignored until we can process a return of funds which will only be eligible after 60 days. Do not reach out to BlockFi until after this date. "
The 60 days have passed and even though I used every possible method to contact BlockFi, it doesn't seem like anyone's going to reply. (Several support tickets or by sending any kind of message using any possible form on their Help/Support pages, trying to call them using the phone number listed over their Help page, sending message via some of the previous support tickets that were used around two months ago to communicate with them..and more..
Let's not forget that a considerable amount of money is still with BlockFi, and my account is still blocked.
If that can't be called an extremely frustrating situation, I'm curious to hear another :) .
Finally I've been contacted, being informed that they will return my money...soon.
This is definitely good news, but ... I still find myself in a "strange" situation.
Let me explain: When BlockFi locked my account they said: "At this time, we are not able to return any funds to you directly. We’d recommend that you contact your bank and request that any ACH transfers you made to your BlockFi account be canceled and reversed. Should you be unable to retrieve funds through your bank, you must wait 60 days from receipt of this email before requesting a manual wire withdrawal to the source bank account. "
I thought it would be faster to follow BlockFi's advice by asking the bank to proceed as per their instructions,but a nightmare was about to start.
Shortly after asking the bank to return transfers made by me (no scam or hack involved), they decided that something is not right, ending by closing my bank accounts. PERMANENTLY.
So BlockFi will not be able to send a Wire Transfer as it will be automatically returned.
But when they blocked my account, part of the money was in Crypto balances. I wonder what are the terms used to close my positions. Crypto coins rates have changed in the past 70 days. Maybe they will process my original withdrawal requests via crypto? Or will they accept my request to send my money to another bank account in my name? Also I wonder how they could have sent a Wire Transfer to an account that does not accept wires (if they were sent to BlockFi from a NeoBank). Not the case here, but just wonder...
BlockFi's final word is: "Any funds on the account will remain locked until BlockFi receives a court order to refund the funds"
$25,000 of my money are locked and they also refuse a refund to the source bank account