BlockFi reduces bitcoin deposit minimums; announces expansion into India as crypto deposits swell above $50 million

New York crypto lending firm BlockFi has announced a slew of updates that will come into effect at the start of May, including a reduction of its bitcoin deposit minimum from 1 BTC to .5 BTC, and the ability to service clients in India according to a new blog post.

Changes to the bitcoin deposit minimums will be applied retroactively from April 1, meaning customers with a balance between .5 and 1 BTC will receive interest at the end of the month. The firm intends to lower balances further in the future.

Original source

Add comment

Please Sign in to be able to leave comments.