Cryptocurrency Credit Cards also work exactly like normal credit cards. One big difference is that the cardholder also makes payments in cryptocurrencies and he gets rewards in crypto only.CryptoExplaner: Credit cards are an important part of the modern payment system. Maintaining a credit card has its issues, but having a credit card sometimes proves to be very helpful. But did you know that cryptocurrency credit cards also work in the cryptocurrency ecosystem? Cryptocurrency credit cards also work exactly like normal credit cards. One big difference is that the cardholder also makes payments in cryptocurrencies and he gets rewards in crypto only.
Crypto credit cards are similar to normal credit cards, but everything is in crypto. Let us also tell you that there are also crypto debit cards in the crypto world. But unlike a crypto debit card, a crypto credit card allows you to borrow from the card issuer and repay it later, just like a normal credit card. Yes, all transactions are done in cryptocurrencies.Different crypto cards offer different rewards. The Gemini credit card pays users up to 3% in bitcoins, which are immediately credited to the user's Gemini account. Users holding a BlockFi credit card can receive up to 1.5% cashback across 10 types of cryptocurrencies.
SoFi credit card users get reward points which can be redeemed in Bitcoin or Ethereum. Venmo credit card users get cashback, from which they can buy Bitcoin, Ethereum, Litecoin, or Bitcoin. Brex is a business card, in which the user gets reward points on Bitcoin or Ethereum.
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