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MyConstant VS BlockFi

Compare MyConstant VS BlockFi and see what are their differences

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MyConstant logo MyConstant

Borrow against cryptos on MyConstant. Free withdraws, fully collateralized loans, and up to 80+ coins to borrow and trade at your fingertips.

BlockFi logo BlockFi

Earn 6% compounding interest on BTC and ETH
  • MyConstant Landing page
    Landing page //
    2023-06-22

P2P lending enables you to borrow against 80+ cryptocurrencies from just 6% APR. Your crypto is securely stored and returned to you when you repay.

MyConstant is designed to be accessible to investors and borrowers from all backgrounds. It offers a variety of products and services which supports people to achieve their financial goals.

Features include:

  1. Crypto lend: Lend selected cryptocurrencies and earn up to 15% APY.
  2. Crypto-Backed Loans: Users can use their crypto as collateral to borrow USD or another crypto for as low as 0% APR.
  3. Fixed-term investments: Users can lend USD and earn up to 7% APR.
  4. Crypto Swap: A quick and easy way to exchange your crypto.
  5. MCT Staking: Holders can stake MCT for up to 18% APR for fixed terms of up to six months.
  6. Futures: Offers a way to make profit (or a loss) by predicting the crypto market.
  7. Short-Selling: Allows users to make a potential profit when their selected crypto price falls.
  8. Debit card: A virtual card that allows MyConstant account holders to spend directly from the platform. (For US-based customers only)

As a reward for its customers, MyConstant has set up a membership program that incentivizes users to use its platform. In essence, the more MCT the user has, the greater the rewards.

They include:

  1. Crypto Lend: Earn up to 15% APY.
  2. Crypto-backed loans: Pay from just 3.6% APR.
  3. Crypto Swap: Discount 90% on swapping fees.
  4. Referral program: Earn up to $20 and up to 20% of referee’s interest.
  • BlockFi Landing page
    Landing page //
    2023-08-03

BlockFi Interest Account users can deposit their Bitcoin or Ether and earn up to 6% interest annually. Paid out on at the beginning of every month, the interest earned by account holders compounds, increasing the annual yield for our clients to 6.2%. This is an easy way for crypto investors to earn bitcoin while they HODL.

MyConstant features and specs

  • Combine 80+ cryptocurrencies as collateral: Yes
  • Lowest interest rates: Yes
  • Auto top-up: Yes
  • Withdraw in crypto: Yes
  • Recall excess mid-term: Yes
  • No early repayment fees: Yes
  • Lend USDT/ USDC: Yes
  • Swap cryptos instantly: Yes
  • No credit checks: Yes
  • Institutional loans : Yes
  • Derivatives: Yes
  • Margin calls: Yes

BlockFi features and specs

No features have been listed yet.

MyConstant videos

+ Add

Fully Secured Peer To Peer Lending - How It Works

More videos:

  • Review - Best Place To Stake USDC 12.5% APY! - MyConstant
  • Tutorial - Make PASSIVE INCOME with MyConstant!
  • Tutorial - Why you should borrow against $ASTR on MyConstant
  • Review - MyConstant P2P Lending Platform Review
  • Review - MyConstant Earn $100 per day | $60k Commission + $100 per Day Flex Account
  • Review - MyConstant Review | Earn 4% APY And Test The $4000 Bonus Trial Today With This Free Account

BlockFi videos

+ Add

BLOCKFI REVIEW For Beginners | My Friend's 27 K USD Blockfi Interest Account | Blockfi Crypto Loan

Category Popularity

0-100% (relative to MyConstant and BlockFi)

MyConstant

BlockFi

Fintech
8 8%
Fintech
92% 92
Crypto
0 0%
Crypto
100% 100
Cryptocurrencies
8 8%
Cryptocurrencies
92% 92
Business Lending
100 100%
Business Lending
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare MyConstant and BlockFi

MyConstant Reviews

  1. Secure lending platform

    I know this page since 2019 and put my partial saving to earn passive income

    🏁 Competitors: Nexo
    👍 Pros:    Fast support|Safe & secure platform|High performance
    👎 Cons:    Not much delay

BlockFi Reviews

Best Places to Buy Bitcoin
If you have a lot of cryptocurrency and want to do more with it without selling, you should know about BlockFi. BlockFi enables you to earn interest when you deposit your bitcoin into an account. If you want to unlock your bitcoin without selling, you can also use existing bitcoin as collateral for a loan, but take note of the interest rates of 4.5% to 9.75% and the required...
Source: www.thebalance.com

Social recommendations and mentions

Based on our record, BlockFi seems to be more popular. It has been mentiond 99 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MyConstant mentions (0)

We have not tracked any mentions of MyConstant yet. Tracking of MyConstant recommendations started around Jun 2022.

BlockFi mentions (99)

  • Submit a Claim?
    My guess is that wallet access could be restored via blockfi.com and mobile, while arrested interest account balances will be mailed by check or arranged online for direct deposit at a few dimes on the dollar. Source: about 1 year ago
  • Is Kroll legit?
    The e in e.blockfi.com indicates a subdomain of blockfi.com in that regard it is legitimate. Most likely a subdomain just for mass emails. Source: over 1 year ago
  • Important Client Update - November 28, 2022
    Additional information regarding our chapter 11 cases, including court documents and claim information, can be found by visiting BlockFi’s claims agent Kroll at https://restructuring.ra.kroll.com/blockfi. Clients with questions about the process may call Kroll at (888) 773-0375 (Toll Free) or (646) 440-4371 (International), or email blockfiinfo@ra.kroll.com. Source: over 1 year ago
  • Important Client Update - November 28, 2022
    Note: The BlockFi subreddit has been set to read-only, as we no longer have the capacity to monitor and moderate this subreddit. Thank you for your understanding. For the latest updates, please continue to check our website: https://blockfi.com/. Source: over 1 year ago
  • BlockFi - Free $10 in Bitcoin for $100 crypto deposit
    BlockFi is a web platform and mobile app where you can buy, sell, and trade cryptocurrencies. Source: over 1 year ago
View more

What are some alternatives?

When comparing MyConstant and BlockFi, you can also consider the following products

Nexo - Banking on Crypto — Borrow. Earn. Pay. Invest.

Coinbase Custody - The most secure crypto storage solution available

Binance - Cryptocurrencies exchange platform

Fidelity Digital Assets - Log in to your Fidelity Investments or NetBenefits accounts here.

Crypto.com - Buy, earn, and spend cryptocurrencies anywhere 💳

Anchorage - The most advanced Qualified Custodian for institutional investors in crypto. Anchorage offers a single modern platform for digital asset custody, offering staking, governance, and more.

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