vs Blockfi: Difference and Comparison

Decentralized exchange platforms allow cryptocurrency users to trade their digital assets over the network without any intermediary. The user stores the cryptocurrency in the platform and buys or sells goods to earn income.

Key Takeaways

  1. offers a global cryptocurrency platform with over 90 countries, while BlockFi is limited to customers within the United States and some countries.
  2. offers a wider range of services, including trading, staking, payment processing, and a crypto debit card, while BlockFi focuses primarily on cryptocurrency lending and borrowing services.
  3. offers a higher interest rate on crypto deposits compared to BlockFi.

Crypto.Com vs Blockfi

The difference between and Blockfi is that charges minimum deposits to earn interest rates for different cryptocurrencies, while Blockfi does not have any limits on deposits. pays interest rates every day, but Blockfi pays interest rates on the first of every month. uses vault technology, multi-signature, and cold storage insurance to secure the transactions, whereas Blockfi company depends on third-party custodians like Gemini, Coinbase, and BitGo to secure the assets.

Crypto.Com vs Blockfi is a platform that offers products like secure payment channels, financial services, and trading products. It is a platform that gives complete control to the users of their money and data.

On the other hand, Blockfi is a platform that offers competitive interest rates on cryptocurrency. It offers its services only to US citizens plus is regulated by Federal laws.


Finance Quiz

Test your knowledge about topics related to finance

1 / 10

What is the primary goal of financial planning?

2 / 10

If  a bank thinks lending money  to a certain business is risky it will:

3 / 10

What is a 401(k) plan?

4 / 10

What is inflation?

5 / 10

The shares of well-established, financially strong and big companies having remarkable Record of dividends and earnings are known as:

6 / 10

What is the difference between stocks and bonds?

7 / 10

What is a bond yield?

8 / 10

What is the full form of "EPS"?

9 / 10

Share capital is

10 / 10

Bank overdraft is a good source of finance for _________.

Your score is


Comparison Table

Parameters of ComparisonCrypto.ComBlockfi
Founded in2016 and Kris Marszalek, Bobby Bao, Gary Or, and Rafael Melo are the founders.2017 by Zac Prince and Flori Marquez.
Interest ratesIt uses simple and fixed interest ratesIt uses compound interest rates
PaymentIt pays interest rates daily.It pays to earn every month.
Minimum depositThe user has to deposit a minimum amount based on cryptocurrency to start earning.There is no requirement for a minimum deposit.
TokensMCO and CRONo tokens

What is Crypto.Com? is a platform developed to empower humans to safeguard their rights to money, identity, and data.

It is a cryptocurrency payment platform allowing its users to access and control their money anywhere and at any time.

The legal name of the company is MCO Malta DAX Limited and is commonly known as Monaco, Foris LTD, MCO Pay Limited, MCO Digital Asset Group, Foris Asia Pte Ltd, and Foris Inc.

 The company has the support of Fiat institutions like VISA cards that allow users to use or withdraw fiat money through cryptocurrency to achieve their vision of having cryptocurrency in every wallet.

Exchange as a trading solution, Crypto Earn, Crypto credit, and Decentralized financial products are solutions of financial services.  

crypto com 1

What is Blockfi?

Blockfi is a financial service platform that provides a way to connect individuals and companies to earn interest in cryptocurrency. It was started by Zac Prince and Flori Marquez in 2017.

The company provides its services only to US citizens in 50 US states. The company offers interest-rate earnings on cryptocurrency, low-cost USD loans, and free-of-cost trading facilities to its users.

It provides high-quality and secures financial services to its users. The interest accounts holders get interested monthly or compound. Its earnings increase as per the time the assets are stored in the account.


Main Differences Between Crypto.Com and Blockfi

  1. pays interest rates daily or weekly, whereas Blockfi pays interest rates monthly.
  2. have tokens like MCO- a utility token and CRO for staking purpose, whereas Blockfi does not have utility tokens. 

One request?

I’ve put so much effort writing this blog post to provide value to you. It’ll be very helpful for me, if you consider sharing it on social media or with your friends/family. SHARING IS ♥️

Want to save this article for later? Click the heart in the bottom right corner to save to your own articles box!

Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.