BlockFi Signup Promotions (Late-2021, $1250~ Free)

blockfi sign up bonus referral code reddit

These are all the currently active codes & links BlockFi offers — Currently there are two promotions which can net you up to $1250 in rewards so long as you sign up with someone’s code and meet all the requirements of the promotions.

For any of these promotions you’ll need to be a new signup who signed up through a qualifying promotional link, such as this one which will take you to to their website — once there simply sign up and you will qualify for the below-mentioned offers. 

How to Earn $15 -> $250 Easily & Quickly:

This is the basic and easy signup bonus BlockFi offers, simply sign up through this link to be eligible.

Once you make an initial deposit of $100 or more of any cryptocurrency you’ll receive a initial deposit bonus of between $15 and $250 (depending on the amount you deposited) — we’d recommend sending 5% more than the tier you’re going for requires to ensure when it’s confirmed into your BlockFi wallet that it’s valued above the intended tier even if a small price decline occurs during the transfer.

This is the base promotion BlockFi offers and will ALWAYS be available according to what we’ve been told, while the others listed below are special promotions which are temporary and will change over-time. If they expire we’ll note that they expired or remove them.

Up to $1000 Depending on Deposit/Trading Volume

This promotion is not available to everyone like the above two, and requires much higher deposit amounts to make it worth the bother. To receive this bonus, like the others, sign up through this link to be eligible. Once you do this you’ll be eligible to receive an Email from BlockFi inviting you to receive this promotion. Not everyone will receive this email, so if you don’t then you’re out of luck — but it can come anytime from right after signing up (within a few days) to a few months after.

If you did receive this email you can then click the link and deposit fiat into BlockFi and trade it with Cryptocurrency using their trading interface and you’ll receive a rebate/bonus for doing so depending on the volume you trade.

  • $100 -> $1000 Traded — $25 Bonus
  • $1000 -> $5000 Traded — $50 Bonus
  • $5000 -> $25000 Traded — $150 Bonus
  • $25000 -> $100,000 Traded — $500 Bonus
  • $100,000+ Traded — $1000 bonus

Due to the fees BlockFi charges this bonus isn’t very beneficial, as otherwise the fees will eat up your Bonus/Rebate and it just wouldn’t make any sense cost/benefit wise. So if you receive this offer make around $1010 in trades and collect the small rebate/Bonus, but don’t bother trading more than that unless you just enjoy trading on BlockFi as their fees are higher than other exchanges such as Kraken.

Common BlockFi Promotions & Referral FAQ:

There’s been quite a few people who’ve had questions or problems regarding BlockFi’s promos codes and signup offers, so we’ve decided to expand this article to include some of the most common ones we’ve seen and had people message us about. If you have others feel free to contact us through our contact page and we’ll try to get back to you right-away to help you out with your question.

#1. — Can you use a signup promotional code AND a referral promotional code at one time?

While currently BlockFi doesn’t have any promotions that require a code to be entered, back when they used codes you could use both at once — so if they return them in the future they’ll probably allow both to be used again together. Currently they have no restrictions on which bonuses you’re eligible for, so long as you’re a new client who signs up through the special link they give to blockfi partners or occasionally post on their social media, you are eligible for all bonuses currently available.

#2. — Can you apply a referral code after signing up to BlockFi?

You can message BlockFi support and try to, explaining how you forgot to enter in your friends code (ours or someone else’s) and that you want to apply it, however you must do this before you deposit funds into your account, and it’s not 100% guaranteed to work. I’d say it’s probably better to just sign up again.

But now with the special link system BlockFi has that auto-applies the code (ours being partner250) you shouldn’t have to apply any and shouldn’t be able to ‘forget’ to use one. If you already signed up without then you’d be best off just making a new account with a separate email address in my opinion.

#3. — Can you withdraw your funds after using a referral or promotional code from BlockFi?

Yes, however if you do so before the terms of the bonus say it’s allowed you’ll forfeit the bonus — generally this is within 30 days of a deposit. If you withdraw before then you will cancel the promotion and not be eligible for it again — however you can withdraw the funds if you want, it’s just you will lose the bonus.

So long as you don’t go below the initial deposit for the bonus you were trying to get you should get that bonus level once the 30 days are finished.

Canceled/Finished Promotion Graveyard:

There’s been a few older promotions that have more or less been wrapped into one now — namely $10 free after depositing $100+ in crypto, $20 after depositing $500+ of crypto, and $50 after depositing $500+ of crypto, all of which are no longer available. You can now get even more than that, at least if you deposit a bit more, so ultimately the loss of these bonuses isn’t a big deal. The $50 for $500+ of deposits was quite good, but the current promotions are quite good still.

Other Cryptocurrency Signup Bonuses to Get

If you’re here because you like free stuff like I do, then you might as well sign up to some of these exchanges or create an account with these companies to get free bonuses as well. If you don’t have time or just aren’t interested, no worries — just remember if you ever go signing up for one of these accounts to get yourself a promotional code for them as they often offer quite nice discounts in trading fees or decent sign-up bonuses.

  • Celsius Network — Sign up through this link or download the app and sign-up using code ‘198971556a‘ for $50+ in Signup Rewards

While they ‘only’ offer $50 for signing up through a referral link, after depositing $500+ there are some other promotions they offer that can net you well over $500 more that we talk about on this page of our website. 

While Coinbase only offers $10 when you sign up, you get access to a huge rewards program coinbase offers as well when you sign up. You can read more about that on our Coinbase Promotions page.

With Voyager often the offer doesn’t apply unless you manually enter the code when signing up, so if you do the above make sure to put in a code such as “ZACYAJ” when signing up to make sure you get the above-mentioned sign up bonus.