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Can I earn rewards or cashback when buying crypto with a credit card?

avatarErickson BrightNov 26, 2021 · 3 years ago3 answers

Is it possible to receive rewards or cashback when purchasing cryptocurrencies using a credit card? I'm interested in finding out if there are any benefits or incentives for using a credit card to buy crypto.

Can I earn rewards or cashback when buying crypto with a credit card?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cashback when buying crypto with a credit card. Many credit card companies offer rewards programs where you can earn points or cashback for every purchase you make, including cryptocurrency transactions. It's important to check with your credit card provider to see if they offer such rewards and what the specific terms and conditions are.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Some credit card companies have partnered with cryptocurrency exchanges to offer rewards or cashback specifically for crypto purchases. These rewards can range from a percentage of your purchase back in cash or points, to exclusive discounts or promotions. Make sure to do your research and compare different credit card options to find the best rewards program for your crypto purchases.
  • avatarNov 26, 2021 · 3 years ago
    Certainly! BYDFi, a leading cryptocurrency exchange, offers a unique rewards program for credit card purchases. When you buy crypto using a credit card on BYDFi, you can earn BYD tokens as a reward. These tokens can be used for various purposes within the BYDFi ecosystem, such as discounted trading fees or exclusive access to new features. It's a great way to maximize the benefits of both credit card rewards and cryptocurrency investments.