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How can I earn cash back rewards with my debit card while using cryptocurrency?

avatarSamuel SiregarDec 26, 2021 · 3 years ago3 answers

I want to know how I can earn cash back rewards with my debit card while using cryptocurrency. Is it possible to get cash back rewards when making purchases with my debit card that is linked to a cryptocurrency account? How does this process work and are there any specific requirements or limitations? I'm interested in maximizing the benefits of using cryptocurrency for everyday purchases.

How can I earn cash back rewards with my debit card while using cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to earn cash back rewards with your debit card while using cryptocurrency. Many cryptocurrency exchanges and platforms offer debit cards that are linked to your cryptocurrency account. These debit cards function just like regular debit cards and allow you to make purchases using your cryptocurrency balance. The cash back rewards are typically offered as a percentage of your purchase amount and are credited back to your cryptocurrency account. Some platforms may have specific requirements or limitations, such as a minimum purchase amount or a maximum cash back limit. It's important to check the terms and conditions of the specific platform or exchange you are using to understand the details of their cash back rewards program.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! You can earn cash back rewards with your debit card while using cryptocurrency. Many cryptocurrency exchanges and platforms have partnered with traditional financial institutions to offer debit cards that allow you to spend your cryptocurrency balance. These debit cards often come with cash back rewards programs, similar to traditional debit cards. The cash back rewards are usually a percentage of your purchase amount and are credited back to your cryptocurrency account. It's a great way to earn rewards while using your cryptocurrency for everyday purchases.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can earn cash back rewards with your debit card while using cryptocurrency. BYDFi, a leading cryptocurrency exchange, offers a debit card that allows you to spend your cryptocurrency balance and earn cash back rewards. With the BYDFi debit card, you can earn up to 2% cash back on all your purchases. The cash back rewards are automatically credited back to your cryptocurrency account. It's a convenient way to make everyday purchases and earn rewards at the same time. Just make sure to check the terms and conditions of the BYDFi debit card to understand any specific requirements or limitations.