Block Earner Reviews 

322
TrustScore 4 out of 5

4.1

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Rated 5 out of 5 stars

Simple to navigate around the app. I especially like the weekly email update reminders of your loan status to keep you well informed.

Rated 5 out of 5 stars

We took out a loan a few weeks ago, so our experience is only early days, but they have been great to deal with - answered all our many questions and concerns, were accessible, and the services was so... See more

Rated 5 out of 5 stars

6 months in app and I've seen positive changes. Support has resolved each and every issue quickly and professionally, thank you. DeFi works well, crypto backed loans are seamless, multi later security... See more

Rated 1 out of 5 stars

Won’t reply to emails Won’t give me any correspondence to where my money has been sent After relaying in emails I need my withdrawl to a nominated account asap as I have a sick child and still not... See more

Company details

  1. Alternative Financial Service
  2. Cryptocurrency Service

Written by the company

Block Earner is the Home of Australia’s Crypto-Backed Loans. Trusted by thousands of Australians, Block Earner offers Crypto-Backed loans that enable customers to borrow AUD and unlock real-world opportunities without selling Bitcoin, Ethereum, USDT or USDC. Why Australians trust Block Earner: Australian company with local support Borrow AUD without selling your crypto Fast approvals, receive AUD within 24 hours Easy LVR management on mobile and desktop Flexible repayments using AUD or crypto Award-winning platform and team No hidden fees or early-repayment penalties Institutional-grade custody powered by Fireblocks Founded in Sydney, Block Earner is registered with AUSTRAC and operates as an authorised representative under an Australian Credit Licence. We make it easy for Australians to Buy & Sell 350+ cryptocurrencies, and to use crypto to borrow AUD. Whether you’re growing a business, renovating a home, or consolidating debt, Block Earner provides fast access to AUD without selling your digital assets. Our platform is protected with world-class custody, industry-leading risk management, and a frictionless in-app experience. Block Earner helps turn crypto wealth into real utility for Australians, and we’re proud to have earned multiple awards for excellence in crypto, blockchain, and crypto-backed lending.


Contact info

You should know

4.1

Great

TrustScore 4 out of 5

322 reviews

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Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 52% of negative reviews

Typically replies within 2 weeks

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4.1

All reviews

(322)

84 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 3 out of 5 stars

Good, but there's a catch!

I used my crypto as security to get a cash loan. The process was easy and streamlined and the service was good, HOWEVER.... If you use your security to pay off the loan you will not get a competitive exchange rate compared to other crypto exchanges (cost me approx 3k extra), I consider this a hidden fee and it should be factored into your calculations, also removing crypto from the loan as security and paying the loan both incurred 24hr processing delays x 2 (48hr delay total), delays like this are absolutely not something you want on volatile bull market. They asked me to fill in this review immediately after loan was processed so most reviewers would not have experienced these issues when writing review.

June 3, 2024
Rated 5 out of 5 stars

Crypto Loan: Fantastic innovation

Have been using BlockEarner since mid 2022. Love the product suite, love the Crypto loan capability. The fact you can leverage an appreciating asset, and pay down in chunks whenever you need to, and still see growth within your portfolio. Great company, always innovating.

November 4, 2024
Rated 5 out of 5 stars

Outstanding platform

Outstanding platform, highly recommended. Great experience with Block Earner, awesome interface and super smooth. The place to borrow and lend in the crypto space.

November 11, 2024
Unprompted review
Rated 5 out of 5 stars

Recommended

6 months in app and I've seen positive changes. Support has resolved each and every issue quickly and professionally, thank you. DeFi works well, crypto backed loans are seamless, multi later security and a large listing of coins. Interface is better than other platforms. Linked to bank accounts providing trusted on/off ramping. Great exchange + other services. Unlike banks, block earner actions requests and processes funds 7d a week. Cold wallet options would be fantastic to attract clients. Ongoing impression is that of a team constantly improving their product.

October 30, 2024
Unprompted review
Rated 4 out of 5 stars

Great execution of Trades.

Great execution of Trades.
Wide variety of Crypto
Support needs to be better
Just needs Koinly Tax Intergration

September 22, 2024
Block Earner logo

Reply from Block Earner

Thanks for your feedback!

We are working on integration with another Crypto Tax Software, will keep you updated :)

Rated 5 out of 5 stars

The app is easy to use

The app is easy to use, no fees for deposits which is great.

It would be nice to have things like placing limit orders for buying and selling.

It would also be nice if the profit/loss chart ignored purchase of new crypto and just showed you a percentage gain/loss or an average buy price.

September 23, 2024
Unprompted review
Block Earner logo

Reply from Block Earner

Thank you so much for sharing your feedback!

We appreciate the great product suggestions :) Please feel free to use the "Feature Request" tab in the app to upvote these ideas. This helps our Product team prioritise them faster.

Rated 4 out of 5 stars

Quick easy to use

Quick easy to use
No stuff around with promotion bonus
App needs work but is functional enough

September 15, 2024
Unprompted review
Block Earner logo

Reply from Block Earner

Hey Pat,

Thanks for your feedback! We are always working on improving our app :)

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