Currencies34931
Market Cap$ 4.32T+1.38%
24h Spot Volume$ 79.89B+0.78%
DominanceBTC53.36%-1.06%ETH13.20%+2.51%
ETH Gas0.18 Gwei
Cryptorank

BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown


by CoinEdition
BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown
  • BlockFi has announced adopting Coinbase as a distribution partner.
  • According to BlockFi, working with Coinbase will ensure the continuity of eligible crypto withdrawals.
  • The BlockFi platform will shut down in May after initial distributions.

BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure the continuity of crypto withdrawals available to eligible BlockFi Interest Accounts (BIA), Retail Loans, and Private Clients.

According to the former digital asset lender, this new partnership will explore account emails on file to communicate with clients on further details, including instructions on creating accounts on Coinbase. It would also allow crypto-eligible clients who did not meet the April 28 withdrawal deadline to access their funds. 

However, BlockFi clarified that users who do not create Coinbase accounts as instructed may have their funds liquidated and distributed to them in cash, according to the Plan. The one-time digital asset lender further noted that Coinbase would remain the viable option for the …

The post BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bill Morgan Says Coinbase Is Making It Hard to Stay Angry Over XRP Delisting

Bill Morgan Says Coinbase Is Making It Hard to Stay Angry Over XRP Delisting

Pro-XRP lawyer Bill Morgan said Coinbase is making it challenging to stay permanently...
Coinbase Expands Spot Market With 3 New Altcoin Listing

Coinbase Expands Spot Market With 3 New Altcoin Listing

Coinbase, the largest US-based exchange, has expanded its spot trading platform with ...

BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown


by CoinEdition
BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown
  • BlockFi has announced adopting Coinbase as a distribution partner.
  • According to BlockFi, working with Coinbase will ensure the continuity of eligible crypto withdrawals.
  • The BlockFi platform will shut down in May after initial distributions.

BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure the continuity of crypto withdrawals available to eligible BlockFi Interest Accounts (BIA), Retail Loans, and Private Clients.

According to the former digital asset lender, this new partnership will explore account emails on file to communicate with clients on further details, including instructions on creating accounts on Coinbase. It would also allow crypto-eligible clients who did not meet the April 28 withdrawal deadline to access their funds. 

However, BlockFi clarified that users who do not create Coinbase accounts as instructed may have their funds liquidated and distributed to them in cash, according to the Plan. The one-time digital asset lender further noted that Coinbase would remain the viable option for the …

The post BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bill Morgan Says Coinbase Is Making It Hard to Stay Angry Over XRP Delisting

Bill Morgan Says Coinbase Is Making It Hard to Stay Angry Over XRP Delisting

Pro-XRP lawyer Bill Morgan said Coinbase is making it challenging to stay permanently...
Coinbase Expands Spot Market With 3 New Altcoin Listing

Coinbase Expands Spot Market With 3 New Altcoin Listing

Coinbase, the largest US-based exchange, has expanded its spot trading platform with ...