crypto credit card details
A crypto credit card allows the user to spend cryptocurrency. Then the same card rewards the customer in cryptocurrency. There are also debit cards in the crypto world. But unlike crypto debit cards, crypto credit cards allow you to borrow from the card issuer and then pay for it later. This is not much different from normal credit card transactions.
this is the real difference
The big difference between normal and crypto credit cards is that you can also make payments in crypto in it. Secondly, if you get any reward then you will get it in cryptocurrencies like bitcoin. Customers get different rewards on different crypto credit cards. For example, the Gemini credit card rewards up to 3 percent in payback in bitcoins. This reward is instantly credited to your Gemini account.
blockfi credit card
The BlockFi credit card rewards users in more than 10 types of cryptocurrencies. You can get paid in many cryptos including bitcoin and ethereum. Let us know that you can earn up to 1.5 percent cashback in rewards. As for the SoFi credit card, reward points can be redeemed for bitcoin or ethereum. The Venmo credit card allows users to purchase bitcoin, ethereum, litecoin or bitcoin cash with the cashback they earn from purchases.
breaks business card
The Brex Business Card lets you spend reward points on Bitcoin or Ethereum. But keep in mind that these crypto cards are also like normal credit cards. If you fail or delay in returning the money, you may have to pay high interest as well as late fees. These cards will also have an impact on your credit score. Like normal credit cards, these also have an annual fee.
avoid harm like this
It doesn’t matter what you are getting in rewards. Rather it is necessary to pay the crypto credit card on time first. If the payment is not made on time, then this card can also cost you like any other normal card. Secondly, it is important for you to understand the terms and conditions of the crypto credit card. Without understanding them, you can incur losses. If these things are taken care of, then you can take a lot of benefit.
(This is an auto-generated article from syndicated news feed. TEAM BEPINKU.COM may not have modified or edited the article).