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
https://www.theblockcrypto.com/tiny/blockfi-reduces-bitcoin-deposit-minimums-announces-expansion-into-india-as-crypto-deposits-swell-above-50-million/?utm_source=rss&utm_medium=rss&utm_campaign=default

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