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Written by Drew Cochran on February 2, 2022
Category: 
FTC Disclosure

How To Transfer From Voyager To BlockFi 2022

On July 1st 2022, Voyager Digital suspended withdrawals, trading and deposits to its platform. This guide was written prior to the suspension. Please refer to the official Voyager Digital website for more information.

Both Voyager and BlockFi are popular cryptocurrency platforms available today.

BlockFi is primarily for earning interest on deposits, crypto backed loans and other features like that.

Voyager offers many of the same features in addition to making over 60 cryptocurrencies available for trading.

Rates on these interest accounts change all the time, so at some point you may make the decision to move crypto from one platform to another.

Here's our easy guide for transferring crypto from Voyager to BlockFi.

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1. Open A BlockFi Account

Already have BlockFi? Skip on over to step 2!

Use the button above to earn up to $250 in free Bitcoin!

To open a BlockFi account, you'll need these proofs of identification:

  • Social security number
  • Phone number
  • Valid ID
  • A real-time selfie

BlockFi requires all of its users are at least 18 years old before signing up. Also, there are states where BlockFi is not allowed, such as New York and Vermont.

Next, you'll make a password, read and agree with the BlockFi terms of service and begin their ID verification process. This will require taking a photo of your license, front and back.

Once your information has been reviewed, and you've been accepted, you'll receive an approval email.

This final leg of the process can take up to 2 business days, but it usually only takes a few minutes.

2. Locate Your BlockFi Wallet Address

Once you're signed in, you can start your deposit within the BlockFi app:

  1. From your app or browser, click on the "Deposit" button
  2. Select the cryptocurrency you would like to deposit
  3. Copy your wallet address from BlockFi

BlockFi currently supports Bitcoin, Ethereum, Chainlink, Litecoin, USDCoin, PAXG, DAI, Tether, UNI and BAT.

If you try and send other alt-coins to BlockFi, they won't transfer correctly, and you'll lose them forever. You can only send cryptocurrencies BlockFi supports from Voyager to BlockFi.

3. Transfer Crypto From Voyager

Now that we have your BlockFi wallet address copied, we can start moving funds over!

Open your Voyager app or browser, and take the following steps:

  1. Select the user icon in the top left corner of the "Portfolio & Market" page
  2. Click "Transfer Cash or Crypto"
  3. Choose "Send Crypto out of Voyager"
  4. Select the crypto you'd like to withdraw
  5. Paste your BlockFi wallet address in the "To" field
  6. Enter how much funds you'd like to withdraw, and slide to withdraw
  7. Confirm your transaction with the 2-factor authentication instructions via email

When transferring out of Voyager, there is a small flat fee, which is known to fluctuate.

Double-check the withdrawal fee rate before sending your crypto to BlockFi if you need to send a specific amount over.

Article written by Drew Cochran

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