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Cryptocurrency Lending Firm BlockFi Adds Support For Wire Transfers To Buy Cryptocurrency

Janelle Fox

Summary: BlockFi, the cryptocurrency lending platform, has introduced support for cash on its platform, which will allow customers to purchase cryptocurrency through wire transfers. According to a press release, users will now be able to send wires transfers to BlockFi to purchase digital currencies and earn up to 8.6% annual percentage yield. The wire transfer service ...

BlockFi, the cryptocurrency lending platform, has introduced support for cash on its platform, which will allow customers to purchase cryptocurrency through wire transfers.

According to a press release, users will now be able to send wires transfers to BlockFi to purchase digital currencies and earn up to 8.6% annual percentage yield. The wire transfer service is backed by financial services firm Silvergate and is available to users both domestically and internationally.

By Janelle Fox

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