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BlockFi aims to close the gap between the crypto world and the institutional world. With BlockFi, institutions can enjoy secure cryptocurrency while borrowing or lending cryptocurrency, getting a return on their holdings, and other benefits. BlockFi challenges institutions with their credit inventory, their institutional support and compliance with regulatory requirements at the company level. All of these features allow BlockFi to offer traditional financial services throughout the cryptocurrency industry.
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BlockFi makes a big deal out of its “no hidden fees” policy. That’s true: the company has no hidden fees. It discloses all fees upfront. For example
BlockFi does not appear to charge fees for trading cryptocurrency or stablecoins within your account. Once your money is in your account, you can trade it between coins without paying any types of trading fees.