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Cryptocurrency has become a major topic in digital coins. However, there are also credit cards available through which crypto rewards can be awarded. Cryptos like Bitcoin and Ethereum can be obtained on every purchase made through such a credit card. On the other hand, if we talk about traditional credit cards, rewards were given in the form of cashback, shopping, points offer, etc., but now when there are crypto rewards, the game has changed with them.
However, there are several credit cards through which rewards are now offered in the form of crypto and this enables users to convert their rewards into crypto directly or indirectly. One thing to keep in mind is that if your crypto of choice becomes obsolete for any reason, your credit card rewards may be affected as well. Here we are going to list the top 4 credit cards through which crypto rewards can be offered. The Voltix Prime app was created by specialists in the field who identified a need for a fresh approach to trading that did exactly what it promised.
What is a crypto credit card?
A crypto credit card is a type of payment card that users can use to spend a credit line of their choice, earn rewards in crypto, and potentially use crypto as collateral. Apart from this, if you want, you can also get a crypto debit card through which you can spend your crypto balance more easily. Currently, however, crypto credit cards can also be offered by major payment processors such as MasterCard and Visa, usually seen in partnership with large crypto businesses such as Nexo and Gemini. Here we are going to tell you about four credit cards from which crypto rewards can be obtained.
1. Gemini
First of all, if we talk about the Gemini credit card, through this, users can get rewards such as up to 2% on groceries, up to 3% on dining, and up to 1% on all other purchases. Like the BlockFi BTC Rewards Card, the Gemini Credit Card can automatically earn crypto rewards. The rewards are available in BTC as well as around 30 other cryptos on Gemini, a crypto exchange. This card was launched in the year 2021.
2. SoFi
With the SoFi credit card, you earn 2 points per $1 spent on purchases through it. And those points can be redeemed at a value of 1% when you choose an entitled SoFi account, including the SoFi crypto account, to deposit them. At the point when you’re previously endorsed for the SoFi Visa, you can procure up to $100 each time you open and fund a SoFi Put away and SoFi Cash account from there on.
3. Unimoney Visa
There is no reward rate, annual fee, or sign-up bonus announced by the company. Rewards can be earned by a YugaCardholder in BTC, gold, or equity investments. Where the card is first made accessible to Unifi money customers; You can sign up the website assuming you need.
4. Nexo card
Nexo is a platform where digital assets can be deposited, to be able to profit from those assets without having to sell them or take a loan against them. In addition, Nexo offers its credit card, where the user is allowed to earn up to 2% back on all their purchases made in any of the 15+ Nexo-supported digital assets. The Nexo Card comes with no annual fee and includes some solid features like the ability to create a free virtual card for secure online shopping as well as freeze and unfreeze your Nexo card with a tap.
Related: 4 Things to Look Out for When Getting Your First Credit Card
Upgrading to BTC Rewards Card
With the Upgrade BTC Rewards Card, you will be able to earn an unlimited 1.5% back in BTC but do note that you will not be able to receive the rewards until you have paid for your purchases on the card. Moreover, as you pay for your purchases, BTC will be bought for your sake and held in a wallet given by NYDIG, a trading platform, and custody.