Does anyone know if BlockFi is insured?
What company audits BlockFi to make sure they are properly handling the money? I see that Deloitte audits Gemini, but who audits BlockFi?
dude the answer is above, itās asked like five times, put in some effort
As an international investor (Mexico), do I need to report the interest Iām earning in my interest account to the IRS? Btw, I donāt even have a SSN and I only file my taxes in Mexico.
Hi Andres,
You only need to report taxes in your respective country. No need to deal with US-based tax authorities if that isnāt where you reside or where youāre from.
Best,
Dean
Hi, If I use BlockFI, what could be the risk in case the Bitcoin falls again? Thanks for your input . ?
BlockFi is a horrible company offering a very small number of cryptos compared to competition. Please be very aware that BlockFi has a 24-48 hour grace period for withdrawals. BlockFi DOES NOT OFFER INSTANT withdrawals. I performed an ACH transaction, I did not get my funds avail and withdrawn for 12 days!!! This company has offensively lengthy transaction times and customer service could care less about your circumstances. I would AVOID AT ALL COSTS, you can find much better platforms very easily.