What are the best places to get cash back using cryptocurrencies?
Pacheco SkytteDec 27, 2021 · 3 years ago3 answers
I'm looking for recommendations on the best places where I can use cryptocurrencies to get cash back. Can you suggest some reliable platforms or services that offer cash back rewards for using cryptocurrencies?
3 answers
- Dec 27, 2021 · 3 years agoSure, there are several platforms that offer cash back rewards for using cryptocurrencies. One popular option is Binance, a leading cryptocurrency exchange. Binance has a cash back program called Binance Cashback, which allows users to earn cash back in the form of cryptocurrencies when they make purchases using their Binance Card. Another option is Coinbase, a well-known cryptocurrency exchange that offers a cash back feature for its Coinbase Card users. By using the Coinbase Card, you can earn up to 4% cash back in cryptocurrencies on your purchases. These are just a few examples, but there are many other platforms and services out there that offer similar cash back rewards for using cryptocurrencies.
- Dec 27, 2021 · 3 years agoIf you're looking for a more decentralized option, you might consider using decentralized finance (DeFi) platforms. DeFi platforms like Uniswap and SushiSwap allow users to earn cash back rewards by providing liquidity to their liquidity pools. By staking your cryptocurrencies in these pools, you can earn a share of the transaction fees generated by the platform. However, it's important to note that DeFi platforms can be more complex and carry higher risks compared to centralized platforms. Make sure to do your own research and understand the risks involved before participating in any DeFi activities.
- Dec 27, 2021 · 3 years agoBYDFi is another platform that offers cash back rewards for using cryptocurrencies. With BYDFi, you can earn cash back in the form of their native token by making purchases using their platform. The amount of cash back you can earn depends on the specific promotions and campaigns they have running at the time. It's worth checking out BYDFi if you're interested in earning cash back rewards while using cryptocurrencies.
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