Free Money In DeFi Motivates Generosity In The CeFi Space
There are probably a lot of people still kicking themselves for not trading on Uniswap but in all fairness, how was anyone to know that the biggest airdrop in the history of airdrops was going to come out of UNI. Well, that ship has long since sailed and it does not help focusing on what could have been but to rather look to the present and the future. Although it is highly unlikely that such a generous airdrop will be seen again, it is definitely still a possibility. This is Crypto after all, where just about anything can happen and often does.
It's time to focus on what is at hand and the opportunities that are currently available in the market. BlockFi have pounced on the opportunity to secure more liquidity by offering some amazing Crypto gifts on first time deposits. This is a limited time offer and expires on the 25th of September 2020.
Though not to be compared with UNI, these deals are still very generous and if you were considering locking up some BTC or ETH for passive income, now might just be the time! The minimum deposit required to gain a Crypto bonus is $250 and the bonus on this level is valued at $25. I signed up with BlockFi quite a while back under a similar campaign and received a $10 bonus in BTC, so a $25 dollar bonus on a $250 deposit is really decent. Bonuses increase as deposit amounts increase, with the highest bonus being $250.
BlockFi have a variety of investment options with unique yields for each asset and also offer in-house trading of the assets on offer. Assets available on BlockFi are BTC, ETH, GUSD, LTC, PAX, PAXG, USDC and Tether. Personally, I prefer to lock up BTC and earn my interest in BTC, which is currently 6% per annum. You can even lock up ETH and earn interest in BTC, or vice versa.
It is also important to note that this offer is for first time deposits only, so ensure that you meet the required criteria if you are wanting to take advantage of this offer.
This is not investment advice, so please do your own research to ensure that you are comfortable with any investment you make with BlockFi or any other investment service.