BlockFi offers clients the ability to sell your stablecoin back to us and receive the proceeds via wire.
At this time we are only supporting wire withdrawals of $50,000 USD or more for US-based clients or non-US clients with US-based bank accounts, and $5,000 USD for non-US wire withdrawals.
For US-based clients that wish to withdraw smaller amounts, ACH is highly recommended as both ACH and wire withdrawals require a linked bank account*. Additionally, all clients can always withdraw in the form of stablecoin (USDC, GUSD, PAX, BUSD) or cryptocurrency to an alternate wallet address.
Important Note: The fees reflected as part of a wire withdrawal are fees charged by our bank partner. These fees include a $20 withdrawal fee for domestic wires (US) and $30 withdrawal fee for international wires (Non-US). BlockFi is not responsible for fees that many banks charge to receive wires.
*Please note that non-US based clients will not be able to ACH withdrawal to a US-based bank account