October Refer-A-Friend Promo
From 10/16/19 to 10/31/19, all BlockFi accounts with a completed profile are eligible to receive an additional bonus. For every friend you refer that creates a new account and deposits at least $100 worth of crypto, you’ll both receive $10 in BTC on October interest payment day. The referred account must maintain a >=$100 balance until the end of October.
For example, if your friend were to deposit crypto on 10/16/19 and maintain their >= $100 balance until 11/01/19, you both would receive the $10 in BTC bonus with your October interest statement. If any of your referrals make withdrawals that bring their balances below the $100 minimum at any point during this period, you and your referral will no longer be eligible for this promotion. Additional restrictions and terms may apply. Full promotion terms can be found here.
How the BlockFi Refer-A-Friend program works
When you send a friend your referral code (it’ll look like https://blockfi.com/?ref=a65d581d) and they sign-up with your link, you’ll receive credit for that account. Once they’ve funded a BlockFi Interest Account (BIA) and met the minimum required deposit to earn interest, you’ll earn 10% of the interest they earn for as long as the deposit stays in their account. That 10% is in addition to their interest.
For example, if your friend earns $100 in interest on their crypto deposit, you’ll earn $10 (10%) in addition to their payout. All interest is paid out in crypto, so if your friend deposits BTC, they earn BTC and you earn BTC.
If your friend takes out a loan, you will receive $50 or 0.10% of the loan amount (whichever number is greater). There is no limit to the amount of friends you can refer or how much you can earn from referrals.
How To Access Your Referral Code:
- Sign in to the BlockFi Dashboard.
- Press the green “Refer A Friend” button on the top right.
- Have you friends register for an account using that URL.
You will see the total earned from your referrals at the beginning of each month. Your earnings will be added to your interest payout statement.
Keep in mind: you must create a BlockFi Interest Account to receive payouts and you cannot refer yourself. We ask that you create an account so that we can verify your identity and have a wallet address on file for you to receive payment. You may withdraw your payments at any time.
If you have any questions, reach out to email@example.com and we’ll get back to you as soon as we can.