What is Blockfolio?
Blockfolio started out as an idea back in May 2017. The idea was to bring forward an app that would allow users to track and actively monitor their crypto investments no matter which exchange they used. However Blockfolio has grown exponentially since then and has turned into an all-in-one app that allows you to not only track your crypto, but hold crypto, purchase crypto, sell crypto and deposit/withdraw crypto all within the app. This is all thanks to the acquisition of Blockfolio by FTX back in August 2020.
Comparison between Blockfolio and The Big Players
Lets compare the pros and cons of Blockfolio against other players in the market.
Blockfolio -
Pros
- Trade and track with no-fee trading
- Track over 10,000 types of cryptocurrency
- Get paid while you trade
- Set price alerts for precision tracking
- Sign on to free communications platform for token teams
- Owned by reputable exchange FTX
Cons
- No desktop interface
- Manual price updates required
How do the Blockfolio Rewards work?
It's simple!
Everytime that you make a trade (Buy/Sell) of $10 or more, you’ll receive a free coin. This can range from small coins worth $0.0000001 to some people reporting to get coins worth $2+
You also have Referral Rewards which allow you to gain points in order to Level up. Each level will give you free crypto ranging from small $1 coins all the way to 1 BTC at Level 12.
How do i get started?
It takes less than 10 minutes to get your account setup and working.
- Simply download the Blockfolio app from the Google Play Store or App Store.
- Go through the process of creating an account.
- When asked for a referral code you may enter mine (19121979) or leave it blank
- Verify your identity
- Start your new fee-free crypto trading experience!
Thanks for reading :)
I hope I provided an informative article for you all.