Difference Between Crypto.com and Blockfi (With Table)

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 buys or sells goods to earn income. Crypto.com and Blockfi platforms are decentralized exchange platforms that allow users to gain interest rates in cryptocurrency assets and avail loans like a traditional banking system.

Crypto.Com vs Blockfi

The difference between Crypto.com and Blockfi is that Crypto.com charges minimum deposits to earn interest rates for different cryptocurrencies, while Blockfi does not have any limits in deposits. Crypto.com pays interest rates every day, but Blockfi pays interest rates on the first of every month. Crypto.com 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 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. It allows users to earn interest rates on cryptocurrency. It also provides loans against cryptocurrency with the support of Fiat institutions. 

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. The company also has the support of top investors that builds trust among consumers. It offers USD loans against cryptocurrency to make consumer lives better. 

Comparison Table Between Crypto.Com and Blockfi

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?

Crypto.com is a platform developed to empower humans to safeguard their rights on money, identity, and data. It is a cryptocurrency payment platform that allows its users to access and control their money from anywhere and any time. It secures the data by using cryptographic blockchain technology. There are not central administrators to handle the data, and only End-user has the responsibility.

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 was started by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 in Hong Kong. The crypto.com firm offers products for payment, trading, and financial services. The source of revenue of the company is the trading and financial service solutions with secure payment modes. It is the first cryptocurrency company to get ISO certification for the golden standard for privacy risk management and information security management. It also complies with PCI: DSS and CryptoCurrency Security Standards.

 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 to have cryptocurrency in every wallet. It has three solutions such as Crypto.com Pay, VISA Card as a payment solution, Cyrpto.com App and Crypto.com Exchange as a trading solution, and Crypto Earn, Crypto credit, and Decentralized financial products are solutions of financial services. The users can earn interest rates and take loans by staking CRO tokens. 

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. It is a US-based company and offers USD loans to cryptocurrency holders. Its main aim is to provide transparency, liquidity, and efficiency in the decentralized exchange market by creating secure products to meet the individual needs of global customers.  

The company provides its services only to US citizens in 50 US states. The company offers interest rate earning on cryptocurrency, low-cost USD loans, and free-of-cost trading facilities to its users. The company operates securely using blockchain technology. It is regulated by Federal laws. It has backup support from famous investors like Galaxy Digital, Velar ventures, Fidelity, Akuna Capital, and others.  

It provides high quality and secures financial services to its users. The interest accounts holders get interested monthly or compound. Its earnings increases as per the time the assets are stored in the account. Borrowing loans on crypto-assets increases liquidity, and trading is made easy with this platform. However, the platform does not provide any advice on tax-related matters. 

Main Differences Between Crypto.Com and Blockfi

  1. Crypto.com aims to empower users to secure their data, money, and identity on the decentralized platforms, whereas Blockfi aims to provide interest rates and loans on cryptocurrency assets like banks.
  2. Crypto.com supports more than 55 cryptocurrencies, and every currency has fixed interest rates, whereas Blockfi supports ten varieties of cryptocurrencies and interest rate changes as per the market condition
  3. Crypto.com pays a simple interest rate, whereas Blockfi uses compound interest rates.
  4. Crypto.com pays interest rates daily or weekly, whereas Blockfi pays interest rates monthly.
  5. Crypto.com have tokens like MCO- a utility token and CRO for staking purpose, whereas Blockfi does not have utility tokens. 


Decentralized exchange platforms have changed centralized trading and made it secure. The Crypto.com and Blockfi platforms provide a way for cryptocurrency holders to earn interest rates and avail loans from fiat institutes on their cryptocurrency. The Crypto.com companies ensure security by implementing the principle of least privilege, Vault technology, Cold storage insurance on assets, and multi-signature methods. On the other hand, Blockfi depends on third-party custodians like Gemini. Blockfi platform is good for having a savings account and getting loans, and Crypto.com also provides loans, but it also offers additional financial services than Blockfi.


  1. https://help.blockfi.com/hc/en-us
  2. https://help.crypto.com/en/collections/260596-crypto-com-app
  3. https://crypto.com/images/crypto_com_whitepaper.pdf
  4. https://blockfi.com/mission

2D vs 3D