# BlockFi

> Crypto portfolio history, tax info, and account management tool. (iPhone/iPad app by BlockFi, Inc..)

- Source: https://appshunter.io/ios/app/blockfi/id1506274532 (this page in markdown: same URL + `.md`)
- Developer: [BlockFi, Inc.](https://appshunter.io/developer/1506274531)
- Category: Finance
- Price: Free
- Rating: 2.61/5 from 1,295 App Store ratings · 50 written reviews indexed
- Age rating: 4+
- Requires: iOS 13.6 · 113 MB
- Languages: English
- Released: 2020-05-05
- Data updated: 2026-06-10
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/blockfi/id1506274532/reviews.md

## What is BlockFi?

BlockFi previously allowed users to manage their crypto portfolio using the BlockFi app. On November 28, 2022, BlockFi and certain of its affiliated companies filed for chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey. At this time, many of the platform's capabilities, including transfers and withdrawals, are currently paused.

The BlockFi app remains available for users to check their historical activity, access tax information, and update account information, as may be necessary. In addition, users can access the BlockFi app to view historical activity related to its products, including crypto trading, loans, the crypto rewards credit card, crypto interest accounts and the crypto wallet product.

For information regarding BlockFi's chapter 11 bankruptcy cases, please visit https://restructuring.ra.kroll.com/blockfi/

## Key features

- View historical crypto trading activity
- Access past loan information
- Check crypto interest account history
- Review crypto wallet transactions
- Access tax information
- Update account information

## What do users think of BlockFi?

Overall sentiment: neutral

**Pros**

- 🚀 Great customer service
- 🔒 Robust security features
- 💡 Earn interest on crypto
- 👍 User-friendly app
- 👍 Seamless withdrawals

**Cons**

- 🐛 Frequent app crashes
- 🔒 Restricted crypto withdrawals
- 💰 High trading fees
- 🕰️ Slow account verification
- 📉 Decreasing interest rates

**Commonly reported bugs**

- Login issues and frequent log-outs
- Inconsistent account balances
- Problems linking bank accounts

**Most requested features**

- Add more cryptocurrencies
- Improve in-app trading capabilities
- Provide portfolio tracking and analytics
- Allow instant crypto withdrawals

## Recent user reviews (10 of 50)

All indexed reviews: https://appshunter.io/ios/app/blockfi/id1506274532/reviews.md

### 4/5 — Crossing my fingers

*2022-12-08, version 5.12.3*

BlockFi has been great for earning interest on crypto and mostly easy to use regarding buying and trading crypto. Unfortunately, my funds are stuck in BlockFi limbo while this Chapter 11 restructuring is figured out. I would not suggest anyone download or use this app until things get straightened out or you will have a horrible first-impression regarding this platform, and I wish BlockFi (and us as customers) the best of luck in all this.

### 1/5 — Awful Crypto Service

*2022-08-27, version 5.8.1*

I purchased several hundred dollars of Bitcoins through Blockfi. It took five days for my funds to clear my bank. Finally, Blockfi indicated that my Bitcoins were available to withdraw. I attempted to send my Bitcoins to an external address. I then received a message from Blockfi that there would be another five day hold for my Bitcoins to be transferred to my external address. Here’s what’s not good Blockfi does not have any stable coins to park your founds while your assets are held-up. Now my crypto is losing value as I wait for my assets to be unfrozen. Another issue, a company that is doing well financially is not going to hold on to your property like a starving person guarding bread crumbs. My bank cleaned the transaction with Blockfi; therefore, until my crypto hits my external wallet I consider my bitcoin stolen.  
 
If you value your money stay far away from this service.

### 1/5 — RIP-OFF

*2022-07-05, version 5.5.1*

AVOID this company at all cost. Might sound pretty on paper but they really just trick you into handing them money so they can charge you to get it back, and charge you to move it. They manipulate prices, they deceive you, and quite literally - rob you. Whatever “interest” you accumulate will be swallowed up by 40x’s that amount in fees. It’s all about them - not you. They want to sound nice on review responses like they actually care but it’s just a charade - there’s a reason why they are getting bought out by FTX and it’s not bc the business is so great. I regret giving them .01 cent and moreover regret sending them business from my family and friends. I will NEVER recommend a snake of a platform like this again - they should be ashamed of themselves for taking advantage of people the way they do. It’s disgusting.

**Developer response:** Thank you for reaching out and leaving a review. We are sorry to hear about your experience and would be happy to discuss this further with you. When you have a chance, please contact our Client Services team at blockfi_reviews@blockfi.com - our team would welcome an opportunity to address all your concerns and feedback in detail.

### 4/5 — I hope they make it through these tough times.

*2022-06-19, version 5.5.0*

I started using BlockFi at the beginning of 2021. It seemed like a trustworthy business that allowed you to earn interest on crypto. In early 2022 they took away the ability to fund the interest account due to new regulations and are now in the process of rolling out another type of yield earning account. The founders are transparent and continuously share important updates on Twitter and Reddit. It will be interesting to see whether the business survives the current bear market in which two big players have already been wiped out (Luna and 3AC). I’m debating pulling my funds out of BlockFi because of all the FUD I’m seeing online, but I believe their actions and company values will prevent a massive liquidation event or other catastrophic loss from occurring.

**Developer response:** Hi, We are sorry to hear about your experience and would be happy to discuss this further with you. When you have a chance, please contact our Client Services team at blockfi_reviews@blockfi.com - our team would welcome an opportunity to address all your concerns and feedback in detail. Thank you.

### 5/5 — Customer Support Help

*2022-05-18, version 5.4.0*

I sent a coin that wasn’t supported by the BlockFi wallet. For a while I thought that money was gone and never to be seen again. From help with the BlockFi team, my coin was returned to my previous wallet!! Thank you to the team for working hard on correcting my mistake, I really appreciate it!

Side note, unfortunate that they APY feature is locked to previous accounts. Hopefully legal can work to get this feature added back to the app.

Other than that, it’s a user friendly platform to store certain coins.

### 2/5 — Hidden Price(s) To Users

*2022-05-10, version 5.3.1*

Obviously an awesome service they’re providing users. Appreciate what it must’ve taken to pave the way for this and the lawsuit. 
However! The interest I earned over the last year and the sign up bonus are gone due to the huge difference in price they give you when selling crypto on their exchange vs what it’s actually valued at, and/or the high fees to withdraw your crypto to another wallet. 
Also, I lost a substantial amount of time having to reverse engineer the math to find out how they’re getting their money since it’s not transparent at all.

### 1/5 — Keeps logging me out…

*2022-05-01, version 5.3.0*

I want to keep this review strictly related to the actual app. Not sure if there was a recent update or something, but I keep getting logged out, which is a pain in the you know what, because you can’t login directly through the app interface and I also have two factor authentication set up. Before I was just able to use my Face ID to login. Over the next few months I’ll be removing funds from Blockfi anyways because overall, as the interest has decreased so much and the functionality of the app is just nonexistent with this login issue. Hopefully they can figure it out.

### 5/5 — Best For Consumers

*2022-03-04, version 5.1.1*

The SEC and state actions against BlockFi are disposable.  This company has immaculate customer service and an incredible product offering.  Market rates for consumer savings accounts are between 0.01% and 0.60% APY, whereas BlockFi offered 8.25% - 9.00% APY, never charged me any fees and was a joy to work with.  Some bad actor like Wells Fargo has an entire department dedicated to opening fake accounts on behalf of its clients, charges lower income people MORE money to keep THEIR OWN MONEY in a Wells Fargo bank account.  And yet BlockFi is who gets all the scrutiny?  Absurd and disposable.  State AGs and the SEC should be ashamed of themselves!!!

### 1/5 — Blockfi: They have taken away interest accounts! More to read!

*2022-02-16, version 5.1.0*

Not only have they taken away interest accounts, but they literally steal so much of your money whenever you make a withdrawal. For example: I wanted to withdraw my ETH to another wallet so I could trade with the funds. BUT, My balance was below their min threshold. So I added the $15 bucks worth of ETH or whatever it was it get it above the min withdrawal amount. BLOCKFI then took aprox HALF in "Fees!!!" 
What a joke! In 2022 there are so many better options out there, that you shouldn't even consider BLOCKFI! I thought I would be one of those Diamond Hands investors and not touch my coins. But things to happen, and you never know when you may need to withdraw. 
DO YOU REALLY WANT TO GIVE HALF OF IT BACK TO THE EXCHANGE? 
I'd give them zero stars if I could! Let the Govt continue to fine them!!

**Developer response:** Hi, We are sorry to hear about your experience and would be happy to discuss this further with you. When you have a chance, please contact our Client Services team at blockfi_reviews@blockfi.com - our team would welcome an opportunity to address all your concerns and feedback in detail. Thank you.

### 5/5 — BlockFi App

*2022-02-11, version 5.0.2*

The BlockFi iOS app has an easy to navigate UI, with a logical layout that enables quick transfers  between the interest bearing account and wallet. It’s a clean dashboard without useless tickers and other clutter chopping it up. You can see your interest accrued and paid.  It’s very stable and I’ve yet to experience any issues with it in 6 months of frequent use.  It’s a solid product and I highly recommend it.

## Frequently asked questions about BlockFi

### What can I do with the BlockFi app now?

The BlockFi app is currently available for users to check their historical activity, access tax information, and update account details. You can view past transactions related to crypto trading, loans, interest accounts, and the crypto wallet.

### Can I still make transfers or withdrawals?

No, due to the company's chapter 11 bankruptcy filing, many platform capabilities, including transfers and withdrawals, are currently paused. The app's functionality is limited to viewing historical data and account information.

### Is the app free to use?

Yes, the app remains available for users to access their historical data and account information without any cost. There are no in-app purchases or ads mentioned for this version of the app.

### What kind of historical data can I see?

You can view historical activity for various BlockFi products, including crypto trading, loans, the crypto rewards credit card, crypto interest accounts, and the crypto wallet product. This allows you to review past transactions and account statuses.

### Where can I find more information about the bankruptcy?

For detailed information regarding BlockFi's chapter 11 bankruptcy cases, you can visit the official restructuring website at https://restructuring.ra.kroll.com/blockfi/. This site provides updates and legal documentation related to the proceedings.

## Version history (last 5 releases)

### 5.12.15 — 2023-10-10

Bug fixes and improvements

### 5.12.14 — 2023-09-27

Bug fixes and improvements

### 5.12.13 — 2023-09-21

Bug fixes and improvements

### 5.12.12 — 2023-08-30

Bug fixes and improvements.

### 5.12.11 — 2023-08-22

Bug fixes and improvements

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*
