How does BlockFi offer free withdrawal services for cryptocurrency users?

3 answers

• Nov 26, 2021 · 3 years ago
  BlockFi is able to offer free withdrawal services for cryptocurrency users because they generate revenue from other sources, such as interest on loans and trading fees. By offering free withdrawals, BlockFi can attract more users and increase their trading volume, which in turn helps them generate more revenue. It's a win-win situation for both BlockFi and its users.
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• Nov 26, 2021 · 3 years ago
  BlockFi offers free withdrawal services for cryptocurrency users as a way to differentiate themselves from other exchanges. This feature helps attract more users to their platform and encourages them to trade more frequently. By offering free withdrawals, BlockFi aims to provide a seamless and cost-effective experience for its users.
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• Nov 26, 2021 · 3 years ago
  BlockFi is able to provide free withdrawal services for cryptocurrency users because they have a different business model compared to traditional exchanges. While traditional exchanges charge fees for withdrawals, BlockFi generates revenue through other means, such as interest on loans and trading fees. This allows them to offer free withdrawals as a value-added service for their users.
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