As of now, BlockFi does not allow for the purchase of Bitcoin directly on their platform. In order to buy Bitcoin, you will need to first purchase Ethereum or Litecoin on BlockFi, and then use that cryptocurrency to buy Bitcoin on another exchange.
While this may seem like a hassle, it is actually a fairly simple process.
BlockFi is a cryptocurrency investment platform that allows you to earn interest on your digital assets and borrow against them. BlockFi also allows you to trade between cryptocurrencies, fiat currencies, and stablecoins.
You can deposit and withdrawal your funds at any time without any fees.
While BlockFi does not currently offer the ability to purchase Bitcoin directly on their platform, they do allow you to buy Ethereum and Litecoin. You can then use those cryptocurrencies to buy Bitcoin on another exchange.
The process is actually quite simple and only takes a few minutes.
In order to buy Bitcoin on BlockFi, you will need to first purchase Ethereum or Litecoin. You can do this by selecting the “Buy Crypto” tab on the BlockFi website and choosing either Ethereum or Litecoin.
Once you have purchased either cryptocurrency, you will need to transfer it to an exchange that offers Bitcoin.
We recommend using Binance as it is one of the largest and most popular cryptocurrency exchanges. Binance offers a variety of trading pairs, including BTC/ETH and BTC/LTC.
Once you have transferred your Ethereum or Litecoin from BlockFi to Binance, you can then use those cryptocurrencies to buy Bitcoin.
The process of buying Bitcoin on BlockFi is actually quite simple. You will first need to purchase either Ethereum or Litecoin on BlockFi.
You can then transfer those funds to an exchange that offers Bitcoin trading pairs, such as Binance. Once you have transferred your funds, you can then use those cryptocurrencies to buy Bitcoin.