48
poor

BlockFi | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
23 Points Past 7 Days
Category: Finance
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30-Day Trend
 
Poor
 
Fair
 
Good
 
Epic
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Android unitQ Score
Android User Feedback
97%
Android
385 Reports
iOS unitQ Score
iOS User Feedback
3%
iOS
11 Reports
User Feedback
3%
iOS
11 Reports
97%
Android
385 Reports
BlockFi - Latest Quality Issues
iOS
Jul 1, 2022
Won’t
Wouldn’t keep my crypto here, too risky.
Android
Jun 29, 2022
Do NOT trust Blockfi! I initiated an ACH withdrawal to remove my funds and close my account. They cancelled my request and removed my bank account and I wasn't able to reconnect my bank. After much back & forth they manually wired the funds and then charged me a $20 wire fee. When I complained that the issue was on their end, they refunded the $20 to my blockfi account which of course I can't withdraw the funds from. They do not care and I had to forfeit the funds to close my account. Good luck
iOS
Jun 29, 2022
Please STAY AWAY
Given the recent volatility in the crypto world it would not be surprising to see a major player fail (like BlockFi). This company took out an emergency line of credit due to solvency issues. The company is also removing free withdrawals, which is another really bad sign. And lastly, they’re raising deposit rates, which is something distressed financial institutions do when they need to raise deposits (often because of bad loans on the books).
Android
Jun 28, 2022
New policies suck. Eth transfer fees are inflated massively, they brag about but we can't see or access on blockfi.. Takes 2-3 days to transfer funds that normally take minutes... *up to 60 days according to policy* Fails to reload prices all the time ... Transfers don't work during busy times (when needed most) I'd recommend nexo over this.. It's unreliable and unorganized as an app.
Android
Jun 25, 2022
Blockfi use to be good. They suck now. Taking away 1 free transfer/month.
Android
Jun 23, 2022
I made a payment through ach payment of $2020 I got debited from my bank account and now I'm not able to login telling me this user is blocked? Why did this happen? I want my account opened back with my bitcoin or my money returned
iOS
Jun 20, 2022
Would be better 📈
Please add average buy price! Would be a really cool tool to have with the app.
Android
Jun 19, 2022
Haven't logged in a while and I have been waiting for the SMS authentication code to be sent for an hour...
iOS
Jun 17, 2022
Long, avoidable delays in withdrawing crypto
I’ve been told it will take almost a week to withdraw my crypto. My identity has been verified (multiple times) but I still need to wait four more days for the transfer to take effect. I can’t get through to anyone on customer support in the meantime.
BlockFi - Product Description
Don’t just buy Bitcoin, earn it. BlockFi is the easiest place to buy, sell and earn cryptocurrency. Sign up today. 

EARN UP TO 3.5% BACK IN BITCOIN WITH EVERY PURCHASE

Introducing the BlockFi Rewards Visa® Signature Credit Card, the world’s first Bitcoin rewards credit card (1). Earn up to 3.5% back in Bitcoin on every purchase (2) with no annual fee and no foreign transaction fees. See if you’re pre-approved with no impact on your credit score (3).

SIGN UP AND START EARNING 

Opening an account is easy and only takes a few minutes. Instantly fund your BlockFi account with your bank account via ACH or wire, or directly from your crypto wallet. There are no hidden fees, no minimum balances, and you can get started in minutes.

BUY AND TRADE CRYPTO 

Buy or sell instantly and immediately start earning interest in crypto on your new asset. For example, if you buy Bitcoin with dollars, you’ll start earning interest at the BTC rate immediately. Or if you are ETH trading, you’ll start earning interest at the ETH rate immediately. 

EARN CRYPTO WHILE YOU SLEEP

Build wealth and make your crypto work for you with a BlockFi Interest Account. Earn up to 7.5% APY on cryptocurrencies and USD-backed stablecoins including Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Basic Attention Token (BAT), Litecoin (LTC), Paxos Gold (PAXG), Tether (USDT), USD Coin (USDC), Gemini Dollar (GUSD), DAI and Paxos Standard (PAX). It's a simple, and smart way to grow your crypto. Start accruing interest the day your account is funded with compound interest paid in crypto every month. Diversify your portfolio without making new investments by choosing which cryptocurrency you want your interest earnings to be paid in with Interest Payment Flex.

EARN $10 IN BITCOIN 

Invite your friends to BlockFi and for every person that signs up using your referral code and transfers $100 or more into their BlockFi Interest Account (BIA), you and that friend will each earn $10 in BTC. And after five referrals, you’ll start earning a $20 BTC bonus for any additional referrals. Your referred friends will earn $10 BTC bonuses after their qualifying deposits.

BACKING FROM THE BIGGEST NAMES

BlockFi is backed by leading investors including Tiger Global, Valar Ventures, Morgan Creek Capital Management, Coinbase Ventures, Galaxy Digital, Susquehanna Government Products, Winklevoss Capital, and more.
Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and crypto interest accounts are not subject to FDIC or SIPC protections. For more information, please see BlockFi's terms of service.

1 Applying for the BlockFi Bitcoin Rewards Credit Card (“Card”) does not guarantee that you will be eligible to receive the Card. Geographic, regulatory, and underwriting restrictions will apply. Fees and terms are subject to change, and additional terms of service will apply to the Card. By applying for the Card, you agree to receive marketing communications pursuant to BlockFi's Privacy Policy.
2 3.5% is an introductory offer that spans the first 90 days of card ownership, beginning on the date of card activation. The introductory offer is capped at $100 dollars in bitcoin.
3 A soft credit pull happens before you’ve accepted the credit card offer. A hard credit pull occurs when you’ve accepted your credit card offer, which can have an impact on your credit score.
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