What are the withdrawal options for BlockFi in the wake of the FTX collapse?

3 answers

• Dec 27, 2021 · 3 years ago
  As of now, BlockFi offers several withdrawal options for its users. You can choose to withdraw your funds via bank transfer, where the funds will be directly deposited into your bank account. Another option is to withdraw your funds in stablecoins such as USDT or USDC, which can be transferred to your cryptocurrency wallet. Additionally, BlockFi also allows withdrawals in Bitcoin and Ethereum. It's important to note that withdrawal fees may apply and the availability of these options may vary depending on your location and account status.
  544272
• Dec 27, 2021 · 3 years ago
  Hey there! If you're looking to withdraw your funds from BlockFi after the FTX collapse, you're in luck. BlockFi provides multiple withdrawal options to cater to your preferences. You can opt for a traditional bank transfer, where your funds will be sent directly to your bank account. Alternatively, you can choose to receive your funds in stablecoins like USDT or USDC, which can be easily stored in your crypto wallet. And of course, if you prefer to stick with the classics, you can withdraw your funds in Bitcoin or Ethereum. Just keep in mind that withdrawal fees may apply, so make sure to check the fee schedule before making your move.
  644215
• Dec 27, 2021 · 3 years ago
  When it comes to withdrawing your funds from BlockFi in the aftermath of the FTX collapse, you have several options at your disposal. BlockFi allows users to withdraw their funds via bank transfer, which provides a convenient way to transfer your funds directly to your bank account. Alternatively, you can choose to withdraw your funds in stablecoins such as USDT or USDC, which offer the advantage of being pegged to the value of the US dollar. If you prefer to receive your funds in cryptocurrency, BlockFi also supports withdrawals in Bitcoin and Ethereum. However, it's worth noting that withdrawal fees may apply and the availability of these options may vary depending on your location and account status. As always, it's a good idea to review the withdrawal terms and conditions on BlockFi's website for the most up-to-date information.
  844211