What happens to my funds when I delete my BlockFi account?

7 answers

• Reason for GiftJan 02, 2021 · 5 years ago
  When you delete your BlockFi account, the funds you have in your account will not be automatically returned to your original source of deposit. Instead, you will need to initiate a withdrawal to transfer your funds to another wallet or exchange. BlockFi provides a simple and straightforward withdrawal process, allowing you to easily transfer your funds to your desired destination. However, please note that there may be withdrawal fees involved, depending on the specific cryptocurrency and the network fees at the time of withdrawal. Additionally, there might be a waiting period for the withdrawal to be processed, which can vary depending on the network congestion and security measures implemented by BlockFi. It's always recommended to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transition of your funds.
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• rafel0Sep 21, 2021 · 4 years ago
  Deleting your BlockFi account does not automatically return your funds to your original source of deposit. Instead, you will need to manually withdraw your funds to another wallet or exchange. The withdrawal process is straightforward and can be completed within the BlockFi platform. However, please note that there may be withdrawal fees involved, which can vary depending on the cryptocurrency you are withdrawing. Additionally, the withdrawal process may take some time to complete, as it needs to go through security checks and network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to avoid any unexpected delays or charges.
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• Pedersen HewittFeb 26, 2023 · 2 years ago
  When you delete your BlockFi account, your funds will not be automatically returned to your original source of deposit. Instead, you will need to initiate a withdrawal to transfer your funds to another wallet or exchange. BlockFi offers a user-friendly withdrawal process that allows you to easily select the cryptocurrency and destination address for your funds. However, please note that there may be withdrawal fees involved, which can vary depending on the cryptocurrency and network fees at the time of withdrawal. Additionally, the withdrawal process may take some time to complete, as it requires network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transfer of your funds.
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• Maik MetzgerNov 22, 2022 · 3 years ago
  When you delete your BlockFi account, your funds will not be automatically returned to your original source of deposit. Instead, you will need to withdraw your funds to another wallet or exchange. BlockFi provides a seamless withdrawal process, allowing you to easily transfer your funds to your desired destination. However, please note that there may be withdrawal fees involved, depending on the specific cryptocurrency and network fees at the time of withdrawal. Additionally, the withdrawal process may take some time to complete, as it requires network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transition of your funds.
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• Raymond WongJul 22, 2021 · 4 years ago
  When you delete your BlockFi account, your funds will not be automatically returned to your original source of deposit. Instead, you will need to withdraw your funds to another wallet or exchange. BlockFi offers a user-friendly withdrawal process that allows you to easily transfer your funds to your desired destination. However, please note that there may be withdrawal fees involved, depending on the specific cryptocurrency and network fees at the time of withdrawal. Additionally, the withdrawal process may take some time to complete, as it requires network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transition of your funds.
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• AhmedMSOct 02, 2020 · 5 years ago
  When you delete your BlockFi account, your funds will not be automatically returned to your original source of deposit. Instead, you will need to withdraw your funds to another wallet or exchange. BlockFi provides a seamless withdrawal process that allows you to easily transfer your funds to your desired destination. However, please note that there may be withdrawal fees involved, depending on the specific cryptocurrency and network fees at the time of withdrawal. Additionally, the withdrawal process may take some time to complete, as it requires network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transition of your funds.
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• Raymond WongDec 14, 2023 · 2 years ago
  When you delete your BlockFi account, your funds will not be automatically returned to your original source of deposit. Instead, you will need to withdraw your funds to another wallet or exchange. BlockFi offers a user-friendly withdrawal process that allows you to easily transfer your funds to your desired destination. However, please note that there may be withdrawal fees involved, depending on the specific cryptocurrency and network fees at the time of withdrawal. Additionally, the withdrawal process may take some time to complete, as it requires network confirmations. It's important to review the withdrawal process and any associated fees before deleting your account to ensure a smooth transition of your funds.
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