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Is it possible to earn rewards or cashback when using a fiat credit card for cryptocurrency transactions?

avatarmtamuriDec 15, 2021 · 3 years ago3 answers

Can I earn rewards or cashback when I use a traditional credit card to make cryptocurrency transactions? How does this work?

Is it possible to earn rewards or cashback when using a fiat credit card for cryptocurrency transactions?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cashback when using a fiat credit card for cryptocurrency transactions. Many credit card companies offer rewards programs that allow you to earn points or cashback on your purchases, including cryptocurrency transactions. The specific rewards and cashback rates may vary depending on the credit card issuer and the terms of the rewards program. It's important to check with your credit card provider to see if they offer rewards for cryptocurrency transactions and what the specific terms and conditions are.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Some credit card companies have partnered with cryptocurrency exchanges to offer rewards or cashback on cryptocurrency transactions. These rewards can be in the form of points, cashback, or even discounts on future purchases. It's a great way to earn extra benefits while using your credit card for cryptocurrency transactions. Just make sure to read the terms and conditions of the rewards program to understand how it works and what the specific rewards are.
  • avatarDec 15, 2021 · 3 years ago
    Definitely! BYDFi, a leading cryptocurrency exchange, offers a rewards program that allows users to earn cashback on cryptocurrency transactions made with a fiat credit card. With BYDFi's rewards program, you can earn a percentage of your transaction amount back in cash. It's a great way to maximize your benefits and make the most out of your cryptocurrency transactions. Make sure to check out BYDFi's website for more information on their rewards program and how to participate.