2020 was a BULLISH year for crypto. And we’re not just saying that — here’s a closer look at what BlockFi clients were up to.
Our assets under management (AUM) grew by 1,711% and our average account size increased by 48%. And we had a whopping 934% gain in funded accounts — yep, you read that right.
6.2x as many clients traded in 2020 than in 2019. And trading volume went parabolic — we’re talking an increase of 62,331%
In 2020 BlockFi clients were especially bullish on PAXG, BTC, and ETH.
But across the world, bullishness on certain currencies varied.
Yet despite trading more than ever, BlockFi clients continued to HODL, using their crypto assets as collateral to borrow cash.
And with 41% of our clients already on the waitlist for the BlockFi Bitcoin Rewards Credit Card, we’re already feeling even *more* BULLISH on 2021. LFG 🚀
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Hi Twitter! It's me (@Adam_T_H) again talking about two-factor authentication (2FA). I know, I know; some people hate hearing me talk about this. However, given the recent release of PII associated with the Ledger data breach, I thought it was important.
First, let me be clear: I know the Ledger folks and find them to be very smart and capable. We will all get through this together as a community.
To provide some peace of mind over the holidays (and beyond), I want to reiterate the value of enabling 2FA on your BlockFi account. Here are some step-by-step directions on how to set it up: