Crypto-Backed Loans

Crypto-backed loans allow you to access liquidity without selling. By using your crypto as collateral, you can unlock up to 50% of the value of your assets in USD. We fund same day through wire or stablecoin.

BlockFi clients use our crypto-backed loans to do anything from paying off credit card debt to buying a home. Businesses turn to BlockFi to help them with payroll financing and business expansion. There are many advantages to borrowing instead of selling, including tax benefits.

Don’t sell your crypto if you don’t have to.

GET STARTED NOW
$2.5K BONUS
APPLY FOR YOUR LOAN

Crypto-Backed Loans

Crypto-backed loans allow you to access liquidity without selling. By using your crypto as collateral, you can unlock up to 50% of the value of your assets in USD. We fund same day through wire or stablecoin.

BlockFi clients use our crypto-backed loans to do anything from paying off credit card debt to buying a home. Businesses turn to BlockFi to help them with payroll financing and business expansion. There are many advantages to borrowing instead of selling, including tax benefits.

Don’t sell your crypto if you don’t have to.

  LIMITED TIME ONLY 

Crypto-backed loans allow you to access liquidity without selling. By using your crypto as collateral, you can unlock up to 50% of the value of your assets in USD. We fund same day through wire or stablecoin.

BlockFi clients use our crypto-backed loans to do anything from paying off credit card debt to buying a home. Businesses turn to BlockFi to help them with payroll financing and business expansion. There are many advantages to borrowing instead of selling, including tax benefits.

Don’t sell your crypto if you don’t have to.

Crypto-Backed Loans

GET STARTED
$2.5K BONUS
PLUS – GET A REDUCED ORIGINATION FEE OF 1% APR

*Terms apply

APPLY FOR YOUR LOAN

Frequently Asked Questions

How do you get a crypto-backed loan and how does it all work?

BlockFi offers USD loans collateralized by your crypto. What does that mean? Well, we give you USD and you give us Bitcoin, Ether, or Litecoin as security for repayment. It's really that simple! Clients can apply for a loan in less than two minutes and be funded in USD. GUSD, or USDC directly into their bank accounts or wallets in as few as 90 minutes. 


What is a collateralized loan?

A collateralized loan is a type of borrowing where a client stakes an asset against the funds they are receiving. With BlockFi, clients send us crypto in exchange for USD or GUSD stablecoin. Once the loan is paid off, clients get their crypto back, along with all the potential increases in value that occurred over the duration of the loan. 

What are the benefits of taking out secure, collateralized loans?

People who invest in cryptocurrencies often have a long-term view of their asset. Having to sell their Bitcoin or Ether can limit their ability to benefit from potential long-term increases in value. With BlockFi, crypto investors can access USD without having to sell their crypto assets. By using your BTC, ETH, or LTC as collateral, you can do anything from buying a home to funding a business without having to sell your crypto.

Frequently Asked Questions

How do you get a crypto-backed loan and how does it all work?

BlockFi offers USD loans collateralized by your crypto. What does that mean? Well, we give you USD and you give us Bitcoin, Ether, or Litecoin as security for repayment. It's really that simple! Clients can apply for a loan in less than two minutes and be funded in USD. GUSD, or USDC directly into their bank accounts or wallets in as few as 90 minutes. 


What is a collateralized loan?

A collateralized loan is a type of borrowing where a client stakes an asset against the funds they are receiving. With BlockFi, clients send us crypto in exchange for USD or GUSD stablecoin. Once the loan is paid off, clients get their crypto back, along with all the potential increases in value that occurred over the duration of the loan. 

What are the benefits of taking out secure, collateralized loans?

People who invest in cryptocurrencies often have a long-term view of their asset. Having to sell their Bitcoin or Ether can limit their ability to benefit from potential long-term increases in value. With BlockFi, crypto investors can access USD without having to sell their crypto assets. By using your BTC, ETH, or LTC as collateral, you can do anything from buying a home to funding a business without having to sell your crypto.



Frequently Asked Questions

Offer valid from 00:00:00 UTC on June 17 to 23:59:59 UTC on June 30, 2020. BlockFi clients who take out a new loan for $10,000 or more may be eligible to receive a bonus deposited into their BlockFi Interest Account in the same currency as posted collateral. Additionally, where applicable, the origination fee for new loans originated during the promotion period may be reduced to 1.0%. Clients refinancing existing loans do not qualify. In order to remain eligible for the bonus, no partial or full prepayments of the loan principal can occur before September 14, 2020. Loans must remain current on interest payments and maintain good standing through September 14, 2020 to qualify. The bonus will be paid to clients meeting the eligibility criteria on September 15, 2020. Bonus payments will be calculated based on the prevailing market price at the time of payment. Limit one bonus per client. Additional restrictions and terms may apply. Please reach out to support@blockfi.com to have the 1% origination fee applied to your loan. Loans not available for residents of the following states: ID, LA, MT, ND, NV, RI, SD, VT, WI, and WY.

Disclaimer: Rates for BlockFi products are subject to change. Please consult the rates page for more information. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections.

Get Started With a Loan Today

Get Started With A Loan Today

APPLY NOWAPPLY NOW

BlockFi provides peace of mind with our dedicated client services team that you can call or email at any time with questions. We're always happy to hear from you.

Get in Touch

+1 (646) 779–9688

SUPPORT@BLOCKFI.COM

Get in Touch

BlockFi provides peace of mind with our dedicated client services team that you can call or email at any time with questions. We're always happy to hear from you.

SUPPORT@BLOCKFI.COM

+1 (646) 779–9688

Our Investors

SUPPORT@BLOCKFI.COM

+1 (646) 779–9688

FOR A LIMITED TIME, BRAVE USERS GET $10 IN BTC WHEN THEY CREATE AND FUND A BLOCKFI INTEREST ACCOUNT. TERMS APPLY.

TERMS NEEDED

GET UP TO A
IN CRYPTO WHEN YOU TAKE OUT A NEW LOAN
→                                                 
GET UP TO A
 
IN CRYPTO WHEN YOU TAKE OUT A NEW LOAN

PLUS – 
GET A REDUCED ORIGINATION FEE OF 1%

* Terms apply

FOR A LIMITED TIME, BRAVE USERS GET $10 IN BTC WHEN THEY CREATE AND FUND A BLOCKFI INTEREST ACCOUNT. TERMS APPLY.

Limited time offer - this promotion ends on June 30, 2020. Terms apply.

Limited Time Offer
Promotion ends on 6/30. Terms apply.

GET YOUR BONUS
BEFORE IT'S GONE

 GET YOUR BONUS BEFORE IT'S GONE 

LOAN SIZE
$10,000–$24,999
$25,000–$99,999
$100,000+

BONUS
$250
$750
$2,500

Bonus Tiers

Loan Size
$10,000–$24,999
$25,000–$99,999
$100,000+

Bonus
$250
$750
$2,500

What crypto asset is the bonus paid out in?

The bonus will be paid out in the same currency as your loan collateral.


When is the bonus paid out?

The bonus will be paid to clients meeting the eligibility criteria on September 15, 2020.


How do I get the 1% Origination Fee? 

Please reach out to  support@blockfi.com to have the 1% origination fee applied to your loan.