If you’re weighing your cryptocurrency interest account choices, Blockfi vs. Crypto.com is a strong very first contrast.

BlockFi is based in the U.S. and is deemed a CeFi staple. It’s simple to begin, highly-trusted within the cryptocurrency neighborhood, and uses above-average yields throughout coins like BTC, ETH, and USDC.

BlockFi has an exchange, interest account, and charge card that all perfectly set together.

Crypto.com is based in Hong Kong and has actually developed itself as a leader in what it does, which is apparently whatever. Its items consist of an exchange, interest account, staking platform, NFT storage platform, charge card, and more.

While Crypto.com uses a few of the greatest APY for its interest account, it needs its users to leap through numerous hoops and hold considerable quantities of its native token, CRO, to get them.

Our complete BlockFi vs. Crypto.com contrast consists of whatever you require to understand about rates, security, public trust, and more.

Let’s begin.

BlockFi vs. Crypto.com: Key Information




BlockFi Review

Crypto.com Review

Site Type

Cryptocurrency interest account standard exchange

Crypto exchange crypto interest account NFT exchange

Beginner Friendly



Mobile App



Buy/Deposit Methods

ACH, wire transfers, crypto deposits

ACH, wire transfers, PayPal, credit or debit card

Sell/Withdrawal Methods

External crypto wallet, checking account

External crypto wallet transfer, ACH

Available Cryptocurrencies

Bitcoin, Ethereum, Litecoin, Link stablecoins

Bitcoin, Ethereum, Dogecoin, stablecoins, other altcoins

Company Launch




Jersey City, NJ, USA

Hong Kong

Community Trust






Customer Support



Verification Required (KYC)






Site Promo

Earn approximately $250 on BlockFi

Earn approximately $25 on Crypto.com

Company Bios: BlockFi vs. Crypto.com

BlockFi was established in 2017 by Zac Prince and Flori Marquez. It’s headquartered in New Jersey and has actually gotten financial investments from a number of huge names in the Fintech and cryptocurrency markets, consisting of SoFi, Winklevoss Capital, and Pomp Investments.

BlockFi on Crunchbase (courtesy of Crunchbase)

BlockFi on Crunchbase (thanks to Crunchbase)

BlockFi’s newest round of financing happened in March 2021, in which it raised $350 million at a $3 billion evaluation. The business has around $15 billion in possessions under management (AUM).

Crypto.com on Crunchbase (courtesy of crunchbase)

Crypto.com on Crunchbase (thanks to crunchbase)

Crypto.com was released in Hong Kong under the name Monaco Technologies in June 2016 however rebranded in July 2018 to its present name. The business grew rapidly, as it was accepted into a Hong Kong-government-backed cryptocurrency incubation program called SuperCharger in 2017

Crypto.com is led by CEO Kris Marszalek and CFO Rafael Melo. Its group has lots of alumni from a few of the most significant names in both standard financing and cryptocurrency, consisting of:

  • Deutsche Bank
  • JP Morgan
  • PayPal
  • Binance

Feature # 1: Interest Rates: Who Pays More, BlockFi or Crypto.com?

Both Crypto.com and BlockFi pay users interest on the cryptocurrency properties they save on the platform.

BlockFi’s system is much easier, that makes a massive distinction in the user experience.

On BlockFi, users merely just require to understand the amount of a property they’re transferring to determine their yields.

Crypto.com’s system is far more complex, with a lot of chances to get puzzled. Crypto.com Rates differ based upon whether a user selects a versatile, 1-month, or 3-month term. Even more, users require to own Crypto.com’s token (CRO) to make the optimum interest. Rates scale up based upon the tiers of CRO holdings:

  1. $400 or less in CRO
  2. $401 to $4,000 in CRO
  3. $ 4,001 to $40,000 or more in CRO
  4. $40,001 to $400,000 in CRO

The very first and most affordable tier of Crypto.com

Keep in mind that these CRO quantities remain in dollar quantities– as in you will require to purchase $400,000 worth of CRO to open the greatest tier.

Let’s see how this plays out with some examples.


  • BlockFi utilizes a tiered interest-rate system for Bitcoin; APY scales based upon just how much BTC you keep on the platform. Rates are around 4%for 0– 0.25 BTC, 1.5%for 0.25– 5 BTC, and 0.25%for > 5 BTC, however undergo alter.
  • Crypto.com’s BTC rates vary from as low as 1.5% for a versatile account with less than $400 in CRO to as high as 8.5% for a user with $40,000 or more in CRO with a 3-month account.


  • BlockFi likewise utilizes a tiered interest-rate system for Ethereum. Current rates are 4%for 0 to 5 ETH, 1.5%for 5 to 50 ETH, and 0.25%for > 50 ETH.
  • Crypto.com’s Ethereum rates begin at 3.5%for a versatile user with $400 or less in CRO and increase to 8.5% for a 3-month user with more than $40,000 in CRO.


Coin Name




3%(0– 750 LINK), 0.5%(>750 LINK)

0.5%– 5%

Bitcoin Cash


0.5%– 5%



0.5%– 5%



0.5%– 5%


3.75%(0– 750 UNI), 1.5%(> 750 UNI)

0.5%– 5%



0.5%– 5%


4.5%(0– 100 LTC), 2%(>100 LTC)

0.5%– 5%



6%– 14.5%






7.5%(0– 50,000), 5%(> 50,000)

6%– 8.5%


7.5%(0– 50,000), 5%(> 50,000)



7.5%(0– 50,000), 5%(> 50,000)

6%– 14%

Winner: BlockFi. BlockFi’s simpleness and competitive rates win.

Although Crypto.com provides greater top-end rates than BlockFi on a lot of coins, it’s asking a lot from its users. Holding $40,000 to $400,000 worth of a perhaps suspicious token like CRO might appear impractical and unneeded for a lot of users. Simply put, Crypto.com’s juice isn’t worth the capture, especially when a platform like BlockFi ( or Celsius) provides comparably high rates without the intricacy.

CoinCentral readers can make as much as $250 by registering for BlockFi

How Do BlockFi and Crypto.com Make Money?

BlockFi makes its cash by providing out the properties it holds for less than it pays its users for them. It may use 7.5%on Tether (USDT) however provide it out for 12%. These loans are over-collateralized so the danger of default is reasonably low.

Crypto.com makes its cash through both loans and exchange charges. The business’s lending system works likewise to BlockFi’s. It utilizes an intricate maker/taker cost structure for crypto trading, with maker rates varying from 0.036%to 0.1%and taker rates varying from 0.090%to 0.16%

Feature # 2: Payouts and Withdrawals

BlockFi interest accumulates day-to-day and is paid on a month-to-month basis. A lot of its rivals pay interest daily. BlockFi users are entitled to one totally free crypto withdrawal and one totally free stablecoin withdrawal every month. Extra withdrawals sustain a cost.

Crypto.com charges for all withdrawals that are finished on-chain. Users can prevent these charges by utilizing the business’s withdraw to app function That being stated, there is no cost to send out cryptocurrency to other Crypto.com users.

Crypto.com pays its interest out daily, nevertheless, this interest does not substance.

Winner: BlockFi. BlockFi wins this one due to its complimentary withdrawal choices and intensifying interest. Crypto.com is a much better option for individuals who desire their interest paid instantly instead of month-to-month– nevertheless, be careful the costs.

Feature # 3: BlockFi vs. Crypto.com Security

Crypto.com and BlockFi appear to take users’ security seriously and neither has actually suffered a significant breach that affected customers’ funds.

BlockFi holds 95%of the funds it shops in freezer. This is handled by Gemini, which holds a SOC accreditation from Deloitte.

Crypto.com is routinely investigated by Bureau Veritas and has actually partnered with Ledger to cold shop the huge bulk of its users’ funds. It likewise utilizes hardware security modules and multi-signature innovations to keep possessions protect.

Both business have various user-facing security functions such as 2-factor authentication.

Each deals FDIC insurance coverage for as much as $250,000 of its users’ money funds– this is just for fiat, not stablecoins or cryptocurrency.

Winner: Crypto.com It’s hard to differentiate a winner here, however Crypto.com gets approval due to the fact that it declares to shop 100%of its users’ funds in freezer, vanquishing BlockFi’s 95%.

Feature # 4: Ease of Use

BlockFi is without a doubt the much easier of the 2 platforms to utilize; users merely require to move funds to BlockFi and relax while the interest begins accumulating.

Granted, Crypto.com users can do that too, however they will not get the very best rates unless they likewise buy a non-insignificant amount of CRO tokens. This presents a brand-new component of threat into the formula that BlockFi does not require upon its users. Even more, Crypto.com users require to secure their funds to get the very best rates.

Celsius resembles Crypto.com because it likewise has its own cryptocurrency (CEL). It does not need users to lock their funds or hold a specific quantity of CEL to make the finest rates.

CoinCentral readers can get $25 by registering for Crypto.com and staking for the Ruby Card, and likewise take house approximately a $40 BTC bonus offer by transferring $400 or more on Celsius for 30 days.

BlockFi vs. Crypto.com Standout Features

Crypto.com and BlockFi have a comparable standout function: a cryptocurrency charge card.

Both the BlockFi charge card and Crypto.com charge card enable users to make interest in crypto on daily purchases.

However, as one might presume based upon other points throughout this BlockFi. vs. Crypto.com evaluation, BlockFi’s charge card is much easier to utilize.

BlockFi’s card is complimentary to make an application for, it has no yearly charge, and it does not need leaping through hoops to get its optimum benefit.

Crypto.com provides a number of variations of its charge card at various tiers, with benefits that vary from 1%to 8?sed upon the quantity of CRO a user holds. A specific requirements to hold a minimum of $400,000 in CRO to receive the greatest rate of interest.

The Court of Public Opinion: BlockFi vs. Crypto.com Reddit

People on Reddit are usually complimentary of both BlockFi and Crypto.com. The basic agreement is that each platform is safe to utilize and uses outstanding yield-earning chances.

A conversation about BlockFi and Crypto.com on Reddit

A discussion about BlockFi and Crypto.com on Reddit

Some individuals on Reddit have actually recommended spreading your funds throughout both of these platforms and Celsius. That method, if something were to take place to among the platforms, you would not be affected as adversely.

A conversation about BlockFi and Crypto.com on Reddit

A discussion about BlockFi and Crypto.com on Reddit

BlockFi vs. Crypto.com Customer Support

BlockFi has live phone assistance readily available from 9: 30 AM– 5 PM EST. The business likewise has an online FAQ page users can check out to get the answer to commonly-asked concerns.

Crypto.com has a assistance center with responses to typical concerns. The business likewise has e-mail assistance readily available at [email protected]

Can You Trust BlockFi and Crypto.com?

The typical agreement is that both BlockFi and Crypto.com are both trustworthy. Each business declares to utilize freezer for user funds, which keeps them far from internet-based security dangers.

That being stated, crypto interest accounts aren’t safe and ought to not be considered as if they were cost savings accounts. Digital properties like BTC and USDC aren’t FDIC guaranteed.

Further, these business provide your cryptocurrency to 3rd parties. They take safety measures to over-collateralize their loans, there is still a threat included when you do not have custody of your digital asset.s

BlockFi has actually gotten acknowledgment for its security practices from relied on names like Deloitte and the New York Department of Financial Services.

Crypto.com has actually made an ISO/IEC 27001: 3013 accreditation and is frequently examined by Bureau Veritas.

BlockFi vs. Crypto.com: Which is the Better Crypto Interest Account?

There’s plenty to like about BlockFi and Crypto.com.

BlockFi comes out ahead of Crypto.com due to the fact that it’s a lot easier to utilize, and it does not need users to hold its own native token to make the very best yields.

That being stated, if you’re inclined to end up being a Crypto.com power user and accept the dangers that include holding big quantities of CRO tokens, Crypto.com might be for you. When the token quantities and lock-up durations are maxed out, Crypto.com’s yields are a few of the greatest in the CeFi crypto interest account market.

CoinCentral readers can make approximately $250 by registering for BlockFi today Or, attempt Crypto.com to make as much as $25 when staking for the Ruby Card.


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