How does BlockFi's three-tiered interest-earning account work?

Can you explain how BlockFi's three-tiered interest-earning account works? I'm interested in learning more about the different tiers and how the interest rates are calculated.

3 answers
- Sure! BlockFi's three-tiered interest-earning account allows users to earn interest on their cryptocurrency holdings. The account has three tiers based on the amount of cryptocurrency held: Tier 1, Tier 2, and Tier 3. Each tier offers a different interest rate, with Tier 3 having the highest rate. The interest rates are calculated based on the average daily balance of the account and are paid out monthly. It's a great way to earn passive income on your cryptocurrency investments!
Mar 18, 2022 · 3 years ago
- BlockFi's three-tiered interest-earning account is a fantastic way to make your cryptocurrency work for you. The account offers different interest rates depending on the tier, which are determined by the amount of cryptocurrency you hold. The interest rates are competitive and are calculated based on the average daily balance of your account. You'll receive your interest payments monthly, allowing you to grow your cryptocurrency holdings over time. It's a win-win situation!
Mar 18, 2022 · 3 years ago
- BYDFi's three-tiered interest-earning account is designed to help you maximize your cryptocurrency earnings. The account offers competitive interest rates based on the tier you qualify for. The interest rates are calculated daily and paid out monthly. With BYDFi's interest-earning account, you can passively grow your cryptocurrency holdings while taking advantage of the benefits of a secure and reliable platform. Start earning interest on your cryptocurrency today with BYDFi!
Mar 18, 2022 · 3 years ago
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