BlockFI - Obtain loan in USD using your cypto assets as collateral!
BlockFI
Obtain loan in USD using your cypto assets as collateral!
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Cryptocurrencies are revolutionizing everything and is almost breaking into every sector to find relevance. On such sector is the loan sector. BlockFI is a blockchain-based loan service where you receive loans in USD and use your cryptocurrencies as collateral. Once you repay the loan collected, your crypto assests are returned to you. This service is super useful for several crypto investors who need quick loans.
Why is BlockFI such a game-changer?
Based in New York, BlockFi is a secured non-bank lender that offers USD loans to cryptoasset owners who collateralize the loan with their cryptoassets. Our products bring additional liquidity to the blockchain asset sector and meet the needs of individuals and institutions that hold cryptoassets. BlockFi holds clients' Bitcoin and Ether with a registered custodian and issues loans in USD to their bank accounts. Currently operating in a beta launch, we lend in 35 US states to retail investors and companies.
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