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Home Platforms BlockFi vs Celsius Network

Compare BlockFi vs Celsius Network

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Pros & Cons
tick Transfers in and out of savings account are instant
tick One of the only major platforms to be based in and fully regulated in the US
tick Full transparency on company location and regulation status
tick Funds immediately start earning interest daily
tick No hidden fees & No credit checks
tick Flexibility to have interest paid in the currency of your choice
tick High LTV up to 50% available on loans
tick The world's first bitcoin reward Credit Card
tick Available worldwide
tick Higher rating for android phone app than Celsius Network (3.9 vs 3.8 stars)
tick Crypto exchange available on BlockFi but not on Celsius Network
tick Fiat exchange available on BlockFi but not on Celsius Network
tick No hidden fees
tick Get higher savings rates and lower loan by investing in CEL Token
tick Easy to use phone app
tick Easily send crypto to others with CelPay
tick HODL mode provides extra security against hacks
tick Higher average review rating than BlockFi (77% vs 76%)
tick More reviews than BlockFi (10,341 vs 6,197 reviews)
tick Higher rating on Trustpilot than BlockFi (3.8 vs 3.6 stars)
tick Has fewer users than BlockFi
tick Has less assets under management than BlockFi
tick Interface supports Spanish whereas BlockFi doesn't
Savings Rates
tick BlockFi has a higher base saving rate for 8 crypto currencies:
Cardano (ADA) (10% vs 4.06%)
Solana (SOL) (10% vs 5.5%)
Dogecoin (DOGE) (2% vs 0.5%)
Polkadot (DOT) (9.5% vs 9.02%)
Avalanche (AVAX) (10% vs 8.3%)
Polygon (MATIC) (11% vs 7.25%)
Decentraland (MANA) (3% vs 0.5%)
EOS (EOS) (3% vs 2.53%)
More ...
tick BlockFi will pay interest on 12 crypto currency deposits not offered by Celsius Network:
TRON (TRX)
NEAR Protocol (NEAR)
FTX Token (FTT)
Cosmos (ATOM)
Algorand (ALGO)
Filecoin (FIL)
The Sandbox (SAND)
Axie Infinity (AXS)
Fantom (FTM)
THORChain (RUNE)
Gala (GALA)
Serum (SRM)
More ...
1 more savings rates pro ...
Savings Rates
tick Celsius Network has a higher base saving rate for 5 stable coins:
Tether (USDT) (7.1% vs 4.5%)
USD Coin (USDC) (7.1% vs 4%)
Dai (DAI) (4.6% vs 4%)
Pax Dollar (USDP) (7.1% vs 4%)
Gemini Dollar (GUSD) (7.1% vs 4%)
More ...
tick Celsius Network will pay interest on 3 stable coin deposits not offered by BlockFi:
TrueUSD (TUSD)
TerraUSD (UST)
Tether Gold (XAUT)
More ...
3 more savings rates pros ...
Loan Rates
tick Celsius Network has a lower loan rate for US Dollars (USD) (0.75 - 8.95% vs 4.5%)
tick Celsius Network offers loans in 6 stable coin deposits not offered by BlockFi:
Tether (USDT)
USD Coin (USDC)
Dai (DAI)
TrueUSD (TUSD)
Pax Dollar (USDP)
Gemini Dollar (GUSD)
More ...
2 more loan rates pros ...
cross Loans appear to be only available in the US at the moment
cross Slow customer service
cross 2% Origination Fee
cross Savings interest paid out monthly
cross English language version only
cross Saving Accounts not available in some states like NewYork
cross Moderate selection of cryptocurrencies supported
cross High minimum withdrawl amount
cross No built in crypto exchange
cross Very fast growth rate could lead to mistakes
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Reviews
76% based on 6,197 reviews
77% based on 10,341 reviews
User Reviews
Overall User Rating
76%
6,155 reviews
78%
4,989 reviews
62%
47 reviews
66%
875 reviews
72%
244 reviews
Show All User Reviews
User Reviews
Overall User Rating
77%
10,327 reviews
76%
8,632 reviews
94%
318 reviews
72%
4 reviews
76%
1,370 reviews
100%
1 review
60%
1 review
100%
1 review
Show All User Reviews
Expert Reviews
Overall Expert Rating
78%
42 reviews
80%
100%
85%
80%
100%
100%
76%
60%
80%
80%
80%
84%
86%
94%
88%
80%
76%
90%
20%
80%
90%
80%
100%
86%
82%
86%
60%
Show All Expert Reviews
Expert Reviews
Overall Expert Rating
82%
14 reviews
90%
80%
90%
100%
70%
90%
76%
90%
78%
80%
46%
100%
60%
93%
Show All Expert Reviews
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Savings Rates
The table below compares the savings rates for BlockFi and Celsius Network. Enter the amount you intend to deposit to get a more detailed comparison.
Stable Coins
DAI Dai
4% - 7% APY
4% - 7% APY
4% - 7% APY
4% - 7% APY
USDC USD Coin
4% - 7% APY
4% - 7% APY
USDP Pax Dollar
4% - 7% APY
4% - 7% APY
USDT Tether
4.5% - 7.25% APY
4.5% - 7.25% APY
Crypto Currencies
AAVE Aave
3% APY
3% APY
ADA Cardano
10% APY
10% APY
ALGO Algorand
2.5% APY
2.5% APY
ATOM Cosmos
7% APY
7% APY
AVAX Avalanche
10% APY
10% APY
3% APY
3% APY
0.1% - 1% APY
0.1% - 1% APY
3% APY
3% APY
BNB BNB
3% APY
3% APY
BTC Bitcoin
0.1% - 3% APY
0.1% - 3% APY
4% - 7% APY
4% - 7% APY
DOGE Dogecoin
2% APY
2% APY
DOT Polkadot
9.5% APY
9.5% APY
EOS EOS
3% APY
3% APY
ETH Ethereum
0.25% - 3% APY
0.25% - 3% APY
FIL Filecoin
2% APY
2% APY
FTM Fantom
3% APY
3% APY
FTT FTX Token
3% APY
3% APY
GALA Gala
3% APY
3% APY
LINK Chainlink
0.1% - 3% APY
0.1% - 3% APY
LTC Litecoin
0.1% - 3.5% APY
0.1% - 3.5% APY
LUNA Terra
6% APY
6% APY
3% APY
3% APY
MATIC Polygon
11% APY
11% APY
7% APY
7% APY
PAXG PAX Gold
0.1% - 3.25% APY
0.1% - 3.25% APY
RUNE THORChain
3% APY
3% APY
3% APY
3% APY
SOL Solana
10% APY
10% APY
SRM Serum
3% APY
3% APY
TRX TRON
6% APY
6% APY
UNI Uniswap
0.1% - 3.25% APY
0.1% - 3.25% APY
Loading rates ...
Stable Coins
DAI Dai
4.6% - 7.53% APY
4.6% - 7.53% APY
7.1% - 11.7% APY
7.1% - 11.7% APY
TUSD TrueUSD
2.53% - 3.49% APY
2.53% - 3.49% APY
USDC USD Coin
7.1% - 11.7% APY
7.1% - 11.7% APY
USDP Pax Dollar
7.1% - 11.7% APY
7.1% - 11.7% APY
USDT Tether
7.1% - 11.7% APY
7.1% - 11.7% APY
UST TerraUSD
12% - 19.8% APY
12% - 19.8% APY
5.5% - 9.01% APY
5.5% - 9.01% APY
Crypto Currencies
5.02% - 8.21% APY
5.02% - 8.21% APY
AAVE Aave
4.86% - 7.96% APY
4.86% - 7.96% APY
ADA Cardano
4.06% - 6.64% APY
4.06% - 6.64% APY
AVAX Avalanche
8.3% - 13.7% APY
8.3% - 13.7% APY
1% - 1.64% APY
1% - 1.64% APY
4.51% - 7.38% APY
4.51% - 7.38% APY
BNB BNB
4.75% - 7.76% APY
4.75% - 7.76% APY
BNT Bancor
5.5% - 9.01% APY
5.5% - 9.01% APY
2.02% - 3.29% APY
2.02% - 3.29% APY
BTC Bitcoin
1% - 10.7% APY
1% - 10.7% APY
7.1% - 11.7% APY
7.1% - 11.7% APY
CEL Celsius
6.68% - 8.35% APY
6.68% - 8.35% APY
COMP Compound
4.6% - 7.53% APY
4.6% - 7.53% APY
DASH Dash
4.6% - 7.53% APY
4.6% - 7.53% APY
DOGE Dogecoin
0.5% - 0.813% APY
0.5% - 0.813% APY
DOT Polkadot
9.02% - 14.8% APY
9.02% - 14.8% APY
EOS EOS
2.53% - 3.49% APY
2.53% - 3.49% APY
3% - 4.9% APY
3% - 4.9% APY
ETH Ethereum
3.52% - 9.84% APY
3.52% - 9.84% APY
0.5% - 0.813% APY
0.5% - 0.813% APY
0.5% - 0.788% APY
0.5% - 0.788% APY
LINK Chainlink
3% - 4.9% APY
3% - 4.9% APY
LTC Litecoin
1.75% - 2.86% APY
1.75% - 2.86% APY
LUNA Terra
6.05% - 9.93% APY
6.05% - 9.93% APY
0.5% - 0.813% APY
0.5% - 0.813% APY
MATIC Polygon
7.25% - 11.9% APY
7.25% - 11.9% APY
0.5% - 0.813% APY
0.5% - 0.813% APY
PAXG PAX Gold
5.5% - 9.01% APY
5.5% - 9.01% APY
SGB Songbird
5.5% - 9.01% APY
5.5% - 9.01% APY
SNX Synthetix
14.1% - 23.3% APY
14.1% - 23.3% APY
SOL Solana
5.5% - 9.01% APY
5.5% - 9.01% APY
SUSHI SushiSwap
4.13% - 6.75% APY
4.13% - 6.75% APY
TAUD TrueAUD
2.53% - 3.49% APY
2.53% - 3.49% APY
TCAD TrueCAD
2.53% - 3.49% APY
2.53% - 3.49% APY
TGBP TrueGBP
2.53% - 3.49% APY
2.53% - 3.49% APY
THKD TrueHKD
2.53% - 3.49% APY
2.53% - 3.49% APY
UMA UMA
1% - 1.64% APY
1% - 1.64% APY
UNI Uniswap
2.5% - 4.08% APY
2.5% - 4.08% APY
3.05% - 4.99% APY
3.05% - 4.99% APY
WDGLD Wrapped DGLD
5.5% - 9.01% APY
5.5% - 9.01% APY
XLM Stellar
1% - 1.64% APY
1% - 1.64% APY
XRP XRP
2.5% - 4.08% APY
2.5% - 4.08% APY
XTZ Tezos
4.25% - 6.94% APY
4.25% - 6.94% APY
ZEC Zcash
2.02% - 3.29% APY
2.02% - 3.29% APY
ZRX 0x
1.77% - 2.88% APY
1.77% - 2.88% APY
ZUSD ZUSD
4.6% - 7.53% APY
4.6% - 7.53% APY
Loading rates ...
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Loans Rates
The table below compares the loan rates for BlockFi and Celsius Network. Enter the amount you intend to borrow to get a more detailed comparison.
Fiat Currencies
USD US Dollars
4.5% - 9.75% APR
50% LTV 4.5% - 9.75% APR
Stable Coins
Loading rates ...
Fiat Currencies
USD US Dollars
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
Stable Coins
DAI Dai
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
GUSD Gemini Dollar
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
TUSD TrueUSD
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
USDC USD Coin
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
USDP Pax Dollar
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
USDT Tether
0.75% - 8.95% APR
50% LTV 0.75% - 8.95% APR
Loading rates ...
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Company
Legal name
BlockFi Lending LLC
Legal name
Celsius Network Limited
Year founded
2017
Year founded
2017
Country incorporated in
2
Country incorporated in
1
Headquarters country
2
Headquarters country
1
Platform token
Platform token
Celsius
Centralised
tick Yes
Centralised
tick Yes
Number of employees
505
Number of employees
11-50
Number of users
225,000
Number of users
745,000
Total assets under management
$15,000,000,000USD
Total assets under management
$21,000,000,000USD
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Products
Savings accounts
tick Yes
Savings accounts
tick Yes
Loans
tick Yes
Loans
tick Yes
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
cross No
Fiat to crypto exchange
tick Yes
Fiat to crypto exchange
cross No
Pro exchange marketplace
cross No
Pro exchange marketplace
cross No
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Corporate accounts
tick Yes
Corporate accounts
tick Yes
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
tick Yes
Integrated crypto wallet
tick Yes
Integrated crypto wallet
tick Yes
Crypto withdrawls to private wallet
tick Yes
Crypto withdrawls to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
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Security
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
Gemini
Cold storage custodian
Fireblocks & PrimeTrust
Crypto security standard
Crypto security standard
None
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Loan over collateralisation percent
Loan over collateralisation percent
Up to 150%%
Credit check
cross No
Credit check
cross No
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Support
24/7 support
tick Yes
24/7 support
Email support
tick Yes
Email support
tick Yes
Phone support
tick Yes
Phone support
tick Yes
Chat support
tick Yes
Chat support
tick Yes
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Fees
Exchange fees
0% exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
tick Free
Fiat deposit fee
tick Free
Fiat withdrawl fee
tick Free
Fiat withdrawl fee
Free - unlimited
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Crypto withdrawl fee
Varies by currency - approx $10 USD per withdrawl
Crypto withdrawl fee
Free - unlimited
Savings crypto account withdrawl limit
Varies by currency - min approx $100 USD, max approx $1,000,000 USD every 7 days
Savings crypto account withdrawl limit
$600,000 USD per day
Loan crypto account withdrawl limit
Varies by currency - min approx $100 USD, max approx $1,000,000 USD every 7 days
Loan crypto account withdrawl limit
Savings fiat account withdrawl limit
Varies by currency - approx $1,000,000 USD every 7 days
Savings fiat account withdrawl limit
$600,000 USD per day
Loan fiat account withdrawl limit
Varies by currency - approx $1,000,000 USD every 7 days
Loan fiat account withdrawl limit
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Registrations & Regulation
Know your customer
tick Yes
Know your customer
tick Yes
Regulators
Regulated in the USA
Regulators
UK Financial Conduct Authority (FCA)
Alabama - Consumer Credit License
tick Yes
Alabama - Consumer Credit License
Alabama - Money Transmitter License
tick Yes
Alabama - Money Transmitter License
California - Department of Financial Protection and Innovation - Finance Lender and Broker License
tick Yes
California - Department of Financial Protection and Innovation - Finance Lender and Broker License
Colarado - Supervised Lender’s License
tick Yes
Colarado - Supervised Lender’s License
Connecticut - Money Transmitter License
tick Yes
Connecticut - Money Transmitter License
District of Columbia - Department of Insurance, Securities and Banking - Money Transmitter License
tick Yes
District of Columbia - Department of Insurance, Securities and Banking - Money Transmitter License
Florida - Money Services Business License
tick Yes
Florida - Money Services Business License
Georgia - Seller of Payment Instructions
tick Yes
Georgia - Seller of Payment Instructions
Idaho - Department of Finance - Money Transmitter License
tick Yes
Idaho - Department of Finance - Money Transmitter License
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
tick Yes
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
Illinois - Department of Financial and Professional Regulation - Consumer Installment License Certif
tick Yes
Illinois - Department of Financial and Professional Regulation - Consumer Installment License Certif
Kansas - Office of the State Bank Commissioner - Supervised Loan License
tick Yes
Kansas - Office of the State Bank Commissioner - Supervised Loan License
Kansas - Office of the State Bank Commissioner - Money Transmitter License
tick Yes
Kansas - Office of the State Bank Commissioner - Money Transmitter License
Maryland - Consumer Loan Authorization
tick Yes
Maryland - Consumer Loan Authorization
Maryland - Money Transmitter License
tick Yes
Maryland - Money Transmitter License
Michigan - Regulated Loan Act License
tick Yes
Michigan - Regulated Loan Act License
Minnesota - Department of Commerce - Regulated Loan License
tick Yes
Minnesota - Department of Commerce - Regulated Loan License
Minnesota - Department of Commerce - Money Transmitter License
tick Yes
Minnesota - Department of Commerce - Money Transmitter License
Missouri - Division of Finance - Small Loan License
tick Yes
Missouri - Division of Finance - Small Loan License
North Carolina - Money Transmitter License
tick Yes
North Carolina - Money Transmitter License
North Dakota - Money Broker License
tick Yes
North Dakota - Money Broker License
Nebraska - Money Transmitter License
tick Yes
Nebraska - Money Transmitter License
New Hampshire - Banking Department - Money Transmitter License
tick Yes