Thursday, December 31, 2020

BlockFi

BlockFi continues to be my breadwinner as far as my monthly crypto income goes. I'm currently lending out a substantial amount of bitcoin there and as the price has recently risen to new highs, that too has really helped my lending income increase at the same time. I'm currently lending out approximately 2.04 BTC and almost receiving a full 0.01 btc in interest monthly. BlockFi offers a great compounding interest rate of 6% for your first 2.5 bitcoin, and then after that the rate does decrease some and because of that fact I won't be depositing too much more BTC here and have begun diversifying my lending; just letting it sit and grow.





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