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Are there any credit cards that allow you to earn crypto while making purchases?

avatarFahad FarooqDec 16, 2021 · 3 years ago3 answers

I'm interested in finding credit cards that offer rewards in the form of cryptocurrencies. Are there any credit cards available that allow you to earn crypto while making purchases? I would like to know if there are any options that provide this feature and how it works.

Are there any credit cards that allow you to earn crypto while making purchases?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are credit cards that allow you to earn cryptocurrencies while making purchases. These cards typically work by offering a certain percentage of cashback in the form of cryptocurrencies. For example, you might earn 1% of your purchase amount in Bitcoin or other cryptocurrencies. The earned crypto rewards are usually deposited into your designated cryptocurrency wallet. It's a great way to accumulate cryptocurrencies while spending money on your everyday purchases.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Some credit cards offer crypto rewards as part of their loyalty programs. By using these cards, you can earn a percentage of your purchases back in the form of cryptocurrencies. The specific crypto rewards and redemption options may vary depending on the credit card issuer. It's important to compare different credit card offers to find the one that suits your needs and preferences. Keep in mind that these cards may have certain eligibility criteria or annual fees, so make sure to read the terms and conditions before applying.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are credit cards available that allow you to earn crypto while making purchases. One such option is the BYDFi credit card. With this card, you can earn a percentage of your purchases back in the form of BYDFi tokens, which are a native cryptocurrency of the BYDFi exchange. The earned BYDFi tokens are automatically deposited into your BYDFi wallet. It's a convenient way to accumulate crypto rewards while using a credit card. However, it's important to note that this option is specific to the BYDFi exchange, and there may be other credit cards available that offer different crypto rewards.