BlockFi Plans to Close its Web Platform
Main page News, Cryptocurrency, Coinbase
Hot topic
10 May

BlockFi, a centralized lender, has announced the closure of its web platform and that its customers will still be able to access cryptocurrency withdrawals through Coinbase.

This partnership with Coinbase will provide continuity of services for BlockFi account-holding customers, including BlockFi interest accounts, retail loans and private customers.

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BlockFi's web-based platform will close this month. Customers who have missed the withdrawal and verification deadlines through the platform can still access their assets by creating or using an approved Coinbase account.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange

However, if a customer is eligible to withdraw their funds but misses the deadline and does not have a verified Coinbase account, their assets will be converted to cash under the plan.

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