The Offer
Warning: I’m unable to tell if this deal is still active.
Get $50 in BTC when you trade $1,000 in crypto.
(Promotion was launched on 04/21/2020 at 11:34 AM EST per twitter timestamp)
(Update 2020-04-24: BlockFi reports they halfway through the promotion)
The Fine Print
- BlockFi clients who trade $1,000 or more in notional value of qualifying crypto
- during the promotion period (4/21/20 – 4/27/20)
- are eligible to receive $50 in BTC.
- The $1,000 notional value will be tracked as a sum of qualifying trades placed during the promotion period.
- Qualifying trades must be crypto to crypto or crypto to stablecoin (stablecoin to stablecoin trades do not qualify).
- Maximum of one bonus per client.
- BlockFi will pay a maximum of 2,000 clients on a first come, first serve basis.
- Bonuses will be credited by May 1 and will be based on the prevailing market price of bitcoin at the time of credit.
- Full Promotional Terms
Our Verdict
One of the worst things is not knowing if a promotion is still active, given the cap [BlockFi has tweeted that they will pull the promotion when the cap is reached, but I’m not sure with how much latency].
This might be a valuable promotion to you, particularly if you already had a trade planned and now can earn an additional $50. But within the promotional terms, you might able to do something to manufacture earn the bonus which would be profitable net trading fees.
Plan to make this page the home for future BlockFi promotions. For more background on BlockFi please see our Crypto Interest Earning account post.
All the Best!
