Trades can only be executed within the BlockFi Wallet, which is a non interest-bearing account. US-based clients do not have the option to transfer assets to the BlockFi Interest Account (BIA) to earn crypto interest. On the other hand, non-US clients do have the option to transfer assets to their BIA.
Additionally, there is no settlement time on trades! The trades you make will be immediately reflected in your BlockFi Wallet account balance.
For non-US based clients the crypto interest you earn will be adjusted accordingly. For example, if you hold 1 BTC on December 1st and convert BTC to ETH on the 15th you will earn ~14 days worth of BTC interest and ~16 days worth of ETH interest when you receive your interest payment on January 1!
Please note that all trades are executed within the BlockFi Wallet. This means that if you have BTC in your BIA, you will need to transfer this asset to your Wallet to execute the trade and then transfer the traded asset back to your BIA to start earning crypto interest.
The BIAs have not been registered under the Securities Act and may not be offered or sold in the United States, to U.S. persons, for the account or benefit of a U.S. person or in any jurisdiction in which such offer would be prohibited.