"Interesting" (lol). From reading their main page, i noticed it says "$200 worth of ANY currency..." I'm assuming they mean = to $200 usd? One issue that might arise tho is that crypto prices keep wildly fluctuating...
So users will have to keep watching their respective accounts in order to maintain this $200+ (usd?) balance until July 30th. There could be a sudden dip in BTC that puts you under $200 mark for a minute and that could disqualify you i'm guessing lol.
"Promotional terms: Offer valid until 23:59:59 UTC on May 14, 2020. To be eligible for the promotion, you must have a balance of $0 on May 10, 2020, this must be your first ever deposit in the BlockFi Interest Account, and you must maintain a $200+ balance through 23:59:59 UTC on July 30, 2020. The $100 payout in BTC will be based on the price of BTC at the time of the payout. The bonus will be paid on the first business day in August, 2020.
Hmmm that is an interesting point! I read it as you had to deposit $200 before May 14th and then if you didn't withdraw any you would be good. Someone that works there was commenting on my twitter post about this - let me DM him and ask.
Ya keep me posted. Guess you could purchase their stable coin and avoid that issue... I would just want to be sure that if u had $200usd worth of btc and the price dipped, u don't get excluded from obtaining the $100 offer. Also they say "ANY" currency, but they don't actually mean that I'm guessing...
Also did you have to fill out all the personal info in the sign up "profile" such as phone number and house address etc...? Why do they need our house address lol.
Okay just got a response! Here’s what he said:
So it looks like as long as you had $200 in your account at one post during the period - you’d be good.
Thanks for finding that out. That's how it should be! The other way around would have been total bs lol.
100% agree! I would have been so pissed if it was the other way around. lol Glad they are doing it right.
I had to fill in some personal info like my address and SSN - but I didn't actually have to KYC which was really nice.
Bah, It's asking me for ID and Selfie etc...
Oh bummer!! I wonder if that’s a Canadian/American difference because I didn’t have to. 😬
Yea, I'm guessing it's anywhere else accept USA.
Boo 👎🏻