How to Purchase BlockFi (BFI) Using Bitcoin (BTC)
To purchase BlockFi using Bitcoin, start by finding a cryptocurrency exchange that offers the BFI/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Then, locate the BFI/BTC pair on the platform and place an order to trade your Bitcoin for BlockFi. If the pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BlockFi. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange BlockFi (BFI) for Bitcoin (BTC)
To sell BlockFi for Bitcoin, first, find a cryptocurrency exchange that supports the BFI/BTC trading pair. Create an account, verify your identity, and deposit your BFI into your exchange wallet. Locate the BFI/BTC pair on the trading platform and place a sell order to exchange your BlockFi for Bitcoin. If the BFI/BTC pair is unavailable, you can first sell BlockFi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.

