Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
The funding round, led by Framework Ventures and Polychain Capital, will help to further develop and launch asset pools.
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.