December has been one of the biggest months to date for BlockFi. We finished the year out by launching BlockFi Trading, receiving our Money Transmitter License (MTL) in Kansas and Washington, recording our first episode of BlockFi Live, and presenting at the Latin American Bitcoin & Blockchain Conference in Uruguay. BlockFi clients will be receiving their BlockFi Interest Account (BIA) interest payment on the first business day of January (1/2/20). As a reminder, if you are planning on withdrawing funds from your BIA, withdrawals are not immediate and will take 1-2 business days for security purposes. Please note that our response time over the New Year holiday may be slower than usual. BlockFi Trading With the launch of BlockFi Trading, you can now access no-fee trading between crypto pairs while simultaneously earning monthly compound interest. This allows you to easily rebalance your portfolio and more actively trade your crypto without giving up the industry-leading interest rates BlockFi offers. Kansas and Washington State MTL BlockFi is proud to announce that we received our Money Transmitter License (MTL) in Kansas and Washington State, making us the first and only crypto finance platform to receive an MTL in Washington. As a result, BlockFi Interest Accounts and Trading are now available to residents of both states.
This month we recorded our first BlockFi Live, a show providing commentary on what we’re working on at BlockFi and developments within the crypto sphere.
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A unique group social platform will be released next Tuesday. This is a collaborative product of UPLibra and you'll see an
extraordinary social network platform soon. We expect all of our users will be able to gain more value with this site. We've blocked a lot of cheating accounts and these funds have been returned to the prize pool, which can be viewed on the Payout Page. We will continue to do Anti-Cheating in order to maintain the fairness of our entire activity. We’ll close the referral reward of T2&T3 in the coming year and only keep the referral program of T1. In this program, the Registration reward will be changed to 0.8 libra and Claim reward remains unchanged. The new affiliate program will come into effect on Jan 1, 2020.
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BlockFi is proud to announce that we were approved for a Money Transmitter License in Washington State. This means our services are now available to residents of Washington, making us the first and only crypto interest provider in this state. Start trading and earning compound interest on your crypto today!
