common-close-0
BYDFi
Trade wherever you are!

How can I add my crypto assets to BlockFi's interest earning list?

avatarCosmin CadereDec 26, 2021 · 3 years ago3 answers

I want to add my crypto assets to BlockFi's interest earning list. How can I do that? What are the steps involved?

How can I add my crypto assets to BlockFi's interest earning list?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To add your crypto assets to BlockFi's interest earning list, you can follow these steps: 1. Sign in to your BlockFi account or create a new one if you don't have an account yet. 2. Once you're logged in, navigate to the 'Earn' section of the platform. 3. Select the cryptocurrency you want to add from the available options. 4. Click on the 'Deposit' button next to the chosen cryptocurrency. 5. Follow the instructions to generate a deposit address for that specific cryptocurrency. 6. Transfer your crypto assets to the generated deposit address. 7. Wait for the transaction to be confirmed on the blockchain. 8. Once the transaction is confirmed, your crypto assets will be added to BlockFi's interest earning list, and you'll start earning interest on them. Please note that the specific steps may vary slightly depending on the cryptocurrency you're adding and the platform's interface. Make sure to double-check the instructions provided by BlockFi for the most accurate and up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    Adding your crypto assets to BlockFi's interest earning list is a straightforward process. Here's what you need to do: 1. Log in to your BlockFi account. 2. Go to the 'Earn' section. 3. Choose the cryptocurrency you want to add. 4. Click on the 'Deposit' button. 5. Follow the instructions to generate a deposit address. 6. Transfer your crypto assets to the provided deposit address. 7. Wait for the transaction to be confirmed. 8. Once confirmed, your crypto assets will be added to BlockFi's interest earning list. It's important to note that BlockFi supports a wide range of cryptocurrencies, so you have options beyond just Bitcoin and Ethereum. Additionally, the interest rates may vary depending on the cryptocurrency you choose. Make sure to check the current rates on BlockFi's website for accurate information.
  • avatarDec 26, 2021 · 3 years ago
    To add your crypto assets to BlockFi's interest earning list, you can follow these steps: 1. Log in to your BlockFi account or create a new one if you don't have an account yet. 2. Once you're logged in, navigate to the 'Earn' section. 3. Choose the cryptocurrency you want to add from the available options. 4. Click on the 'Deposit' button. 5. Follow the instructions to generate a deposit address. 6. Transfer your crypto assets to the provided deposit address. 7. Wait for the transaction to be confirmed on the blockchain. 8. Once confirmed, your crypto assets will start earning interest on BlockFi. BlockFi is a reputable platform that offers competitive interest rates on various cryptocurrencies. By adding your crypto assets to BlockFi's interest earning list, you can potentially earn passive income on your holdings. However, it's always important to do your own research and assess the risks involved before making any investment decisions.