BlockFi Login: Dive into Crypto Trading
In this comprehensive guide, we will walk you through the BlockFi login experience, highlighting key steps and features that make managing your digital assets seamless.
Last updated
In this comprehensive guide, we will walk you through the BlockFi login experience, highlighting key steps and features that make managing your digital assets seamless.
Last updated
In an email to clients, BlockFi says any digital assets remaining in client accounts after its Identity Verification Window closed on January 12, 2024 at 11:59 PM UTC, will now be converted to cash and distributed to BlockFi clients as U.S. dollars.
Presumedly this means funds will be distributed by bank transfer or similar fiat transfer means, and that it is only the option for digital asset transfer to another crypto wallet that will end. BlockFi has not sent any email updates or tweeted any new information since December 16th 2023.
BlockFi previously advised account holders that the window to withdraw digital assets from their BlockFi wallets would close on December 31, 2023 at 11:59 PM UTC.
BlockFi allowed non-US account holders and those with de minimis (small) balances, to begin withdrawing assets from their BlockFi wallet account on December 15th.
BlockFi said clients should follow the steps below to ensure they can transfer funds to an external crypto wallet before the December 31st deadline.
1. Create an External Wallet: BlockFi will only support withdrawal of digital assets to external digital asset wallets. You will be able to make withdrawals to the third-party provider of your choice.
2. Login to BlockFi.com to submit a withdrawal request: You must ensure that you submit a withdrawal request before the Wallet Withdrawal Window closes.
3. Complete the Identity Verification Process: You will need to complete an Identity Verification Process for your withdrawal to be effectuated. Withdrawal requests from account holders who have not completed the verification process by January 12th will be canceled.