On the top navigation bar, select “Fund”. Then select “USD (as stablecoin)” for the currency in which you wish to transfer. You will then be prompted to "Select Payment Method", pick “Bank Transfer (ACH)” and either link a bank account through Plaid or select a previously linked bank account. You can then enter the amount you’d like to transfer and confirm the transaction.
Bank transfers credit instantly and therefore are available to trade and earn interest, but it generally takes 2-3 business days for the funds to be removed from your bank account.
We require that you keep enough funds in your bank account to cover any bank transfers we have credited in our platform.
Please note - stablecoin and crypto purchased via instant ACH funds cannot be applied to a loan. BlockFi must wait 5 days for the ACH hold to clear before using instant ACH funds to put as payment towards a loan or to post additional collateral for a loan.