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Can I get cashback or rewards when I buy cryptocurrency with a credit card?

avatarOchilov TuymurodDec 26, 2021 · 3 years ago7 answers

Is it possible to receive cashback or rewards when purchasing cryptocurrency using a credit card? I'm wondering if there are any benefits or incentives for using a credit card to buy digital currencies.

Can I get cashback or rewards when I buy cryptocurrency with a credit card?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to earn cashback or rewards when buying cryptocurrency with a credit card. Some credit card companies offer rewards programs that allow you to earn points or cashback on your purchases, including cryptocurrency transactions. However, it's important to note that not all credit cards offer this feature, so you should check with your credit card provider to see if they have any rewards programs specifically for cryptocurrency purchases.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Many credit card companies have started offering cashback or rewards for cryptocurrency purchases. It's a great way to earn some extra perks while investing in digital assets. Just make sure to read the terms and conditions of your credit card's rewards program to understand how much cashback or rewards you can earn and any limitations or restrictions that may apply.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! BYDFi, a popular cryptocurrency exchange, offers a cashback program for credit card purchases of cryptocurrency. When you buy cryptocurrency using a credit card on BYDFi, you can earn a percentage of your purchase amount back as cashback. This is a great way to maximize your rewards and make your cryptocurrency purchases even more rewarding.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can get cashback or rewards when buying cryptocurrency with a credit card. Some exchanges and credit card companies have partnered to offer special rewards programs for cryptocurrency purchases. These programs allow you to earn cashback, points, or other rewards for every transaction you make. It's a win-win situation - you get to invest in cryptocurrency and earn rewards at the same time!
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Many cryptocurrency exchanges have partnerships with credit card companies to offer rewards for cryptocurrency purchases. These rewards can come in the form of cashback, discounts, or other incentives. It's a great way to make your cryptocurrency purchases more rewarding and take advantage of any perks offered by your credit card provider.
  • avatarDec 26, 2021 · 3 years ago
    Yes, some credit card companies offer cashback or rewards for buying cryptocurrency. It's a way for them to encourage the use of credit cards for digital currency transactions. However, not all credit cards have this feature, so you should check with your credit card provider to see if they offer any rewards programs specifically for cryptocurrency purchases.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Many credit card companies recognize the growing popularity of cryptocurrency and have started offering rewards for purchases. This includes cashback, points, or other incentives that can be earned when buying cryptocurrency with a credit card. It's a great way to make your purchases more rewarding and take advantage of any perks offered by your credit card provider.