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RE: Tutorial - How to Setup a BlockFi Account

in Threespeak • 6 years ago (edited)

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.

6 years ago in Threespeak by
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     6 years ago  

    Okay just got a response! Here’s what he said:

    That's a great question. What we typically do is take the high price during a period as a buffer. So if someone deposited $200 today and if bitcoin god forbid crashed 50%, they'd still be eligible.

    So it looks like as long as you had $200 in your account at one post during the period - you’d be good.

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     6 years ago  

    Thanks for finding that out. That's how it should be! The other way around would have been total bs lol.

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     6 years ago  

    100% agree! I would have been so pissed if it was the other way around. lol Glad they are doing it right.

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       6 years ago  

      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.

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       6 years ago  

      Bah, It's asking me for ID and Selfie etc...

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       6 years ago  

      Oh bummer!! I wonder if that’s a Canadian/American difference because I didn’t have to. 😬

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         6 years ago  

        Yea, I'm guessing it's anywhere else accept USA.

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         6 years ago  

        Boo 👎🏻

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