Getting Started with BlockFi

Welcome to the world of cryptocurrency! BlockFi is a popular platform that allows you to buy, sell, and earn interest on your digital assets. This guide will walk you through creating your account, completing verification, and implementing security measures to protect your investments.

Important: Always ensure you're visiting the official BlockFi website (blockfi.com) to avoid phishing scams. Never share your password or 2FA codes with anyone.

How to Create Your BlockFi Account

1

Visit the Official BlockFi Website

Navigate to the official BlockFi website at blockfi.com. Click on the "Sign Up" or "Get Started" button, typically located in the top right corner of the homepage.

2

Enter Your Personal Information

You'll need to provide your email address and create a strong, unique password. BlockFi requires passwords to be at least 8 characters with a mix of letters, numbers, and special characters.

Security Tip: Use a password manager to generate and store a complex password that you don't use for any other service.
3

Verify Your Email Address

Check your email inbox for a verification message from BlockFi. Click the verification link to confirm your email address and activate your account.

4

Complete KYC Verification

To comply with financial regulations, BlockFi requires identity verification (Know Your Customer or KYC). You'll need to provide:

  • Full legal name
  • Date of birth
  • Residential address
  • Social Security Number (US residents) or similar tax ID
  • Government-issued ID (driver's license, passport, etc.)

This process typically takes a few minutes to complete and verification is usually approved within a few hours to a couple of days.

5

Download the BlockFi Mobile App

For convenient access, download the official BlockFi app from the Apple App Store or Google Play Store. The mobile app offers most of the same features as the web platform.

Download for iOS Download for Android

Securing Your BlockFi Account

Protecting your cryptocurrency should be your top priority. Follow these security best practices:

1

Enable Two-Factor Authentication (2FA)

Two-factor authentication adds an extra layer of security beyond your password. We strongly recommend using an authenticator app like Google Authenticator or Authy rather than SMS-based 2FA.

To enable 2FA:

  1. Log in to your BlockFi account
  2. Go to Security Settings
  3. Select "Two-Factor Authentication"
  4. Follow the prompts to set up with your preferred authenticator app
  5. Save your backup codes in a secure location
2

Use a Strong, Unique Password

As mentioned during sign-up, ensure your password is strong and not reused from other services. Consider using a reputable password manager.

3

Be Wary of Phishing Attempts

Always double-check URLs before entering your login credentials. Phishing sites often use slight misspellings of legitimate domains. Bookmark the official BlockFi login page to avoid accidentally visiting fake sites.

4

Monitor Account Activity

Regularly review your account activity and enable notifications for logins and transactions. Report any suspicious activity to BlockFi support immediately.

5

Use Secure Networks

Avoid accessing your BlockFi account on public Wi-Fi networks. If necessary, use a reputable VPN service to encrypt your connection.

Pro Tip: Consider using a dedicated email address exclusively for your cryptocurrency accounts to reduce exposure in data breaches.

Frequently Asked Questions

How long does the BlockFi KYC verification process take?

For most users, KYC verification is completed within a few hours. However, during periods of high demand or if additional documentation is required, it may take up to 2-3 business days. You'll receive an email notification once your verification is complete.

I'm having trouble with my BlockFi login. What should I do?

If you're experiencing login issues, first ensure you're using the correct email and password. If you've forgotten your password, use the "Forgot Password" feature on the login page. For 2FA issues, you may need to use your backup codes or contact BlockFi support for assistance.

Is there a BlockFi mobile app, and is it secure?

Yes, BlockFi offers mobile apps for both iOS and Android devices. The apps are secure and provide most of the same functionality as the web platform. Always download the official app from the Apple App Store or Google Play Store, and ensure your mobile device has up-to-date security patches.

Can I change my BlockFi account email address?

Yes, you can change the email address associated with your BlockFi account through the account settings. However, this process may require re-verification of your identity for security purposes.

What should I do if I suspect unauthorized access to my account?

If you suspect unauthorized access, immediately change your password, revoke any active sessions in your security settings, and contact BlockFi support. Also, check your transaction history for any unauthorized activity and enable additional security measures.

Does BlockFi offer insurance on cryptocurrency holdings?

BlockFi carries insurance coverage for assets held in custody, but coverage limits and terms apply. For specific details about their insurance coverage, please refer to the official BlockFi website or contact their support team directly.