**Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Effective May 1st, 2020, BlockFi clients are eligible to earn up to $20 in BTC for each friend that they refer to the BlockFi Interest Account (BIA). For the first 5 friends they refer, a referrer (client) will earn $10 in BTC per referral and referees (new referred clients) will be paid a one time bonus of $10 in BTC. After a referrer has achieved 5 successful referrals to BlockFi, each subsequent referral will earn them $20 in BTC after the qualifying balance has been met. Each new referee will still earn a one time bonus of $10 in BTC. The referee must maintain a $100+ balance in any type of crypto or stablecoin in their BIA for at least 30 days after initial deposit, or neither the referrer or referee will be eligible to receive the payment. Referral payments are made to both the referrer and the new client they referred on the 15th of every month following the fulfillment of the required 30-day holding period. This program is subject to change at any time without notice and will only pay bonuses to referrals that BlockFi deems eligible. Unless otherwise noted, this offer cannot be combined with other concurrent promotions. Examples of ineligible referrals shall include (but are not limited to) using your referral code in any paid promotion methods such as Google Ads, Facebook Ads, banner ads or other paid channels. In addition, a client is not permitted to refer to themselves or legal entities within their control, or use any other method to game the referral program for repeat bonus payments. If a client is suspected of referral fraud in any way, BlockFi reserves the right to remove the referrer from the program, void any past and future bonus payments, and take any other related action it deems appropriate.