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23 September 2019

BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts

BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts


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BlockFi told CoinDesk on Friday that while the price of bitcoin and other cryptocurrencies has risen substantially since BIA’s launch in March, it dropped its minimum deposit requirement because of consumer demand. BlockFi previously mandated a 0.5 BTC, 25 ETC, or 2,500 GUSD minimum on deposits before the rule change.

BlockFi’s platform leverages blockchain rails to make wealth management products available on a much broader scale,” said Co-Founder and VP of Operations Flori Marquez in a statement.

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