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24Mar/22

BlockFi Review: Is It Still Safe & Trustable in 2022?

BlockFi Review: Is It Still Safe & Trustable in 2022?

A few days back, I talked about how to earn interest in Bitcoin, and based on our research, BlockFi came out as a widely used and trusted product. In the crypto-verse, an undisputed rule is “You are your bank”, and services like BlockFi raises a lot of questions, as we are literally lending our Cryptocurrencies like “Bitcoin” to a 3rd party to earn interest.

Without a doubt, using a platform like BlockFi and Cryptocom is riskier than storing crypto in our wallet, and hence it should not be seen as the same thing. Continue reading