How can I earn cashback on my cryptocurrency purchases?
Mohammed SujanNov 30, 2024 · 9 months ago3 answers
I want to know how I can earn cashback when I make purchases with cryptocurrency. Are there any platforms or services that offer cashback rewards for using cryptocurrency? What are the requirements and limitations for earning cashback on cryptocurrency purchases?
3 answers
- Paul SJun 16, 2020 · 5 years agoYes, there are platforms and services that offer cashback rewards for using cryptocurrency. One popular option is the Binance Visa Card, which allows you to earn up to 8% cashback on your purchases. To qualify for the cashback rewards, you need to hold BNB, the native cryptocurrency of Binance, and stake a certain amount. The cashback rewards are paid out in BNB and can be used for future purchases or traded on the Binance exchange. Keep in mind that there may be limitations and restrictions on earning cashback, such as minimum purchase amounts or specific merchant partnerships. Make sure to read the terms and conditions of the cashback program before participating.
- Joshua YorkSep 28, 2021 · 4 years agoAbsolutely! Many cryptocurrency exchanges and wallets offer cashback rewards for using their services. For example, Coinbase offers a cashback program called Coinbase Rewards, where you can earn up to 4% cashback in cryptocurrency on eligible purchases. The cashback rewards are automatically deposited into your Coinbase account and can be used for future purchases or withdrawn to an external wallet. To qualify for the cashback rewards, you may need to meet certain criteria, such as completing a certain number of transactions or holding a specific amount of cryptocurrency. Check the details of the cashback program on the exchange or wallet's website for more information.
- Tien Ngo Xuan SDC11Mar 14, 2021 · 4 years agoYes, you can earn cashback on your cryptocurrency purchases through BYDFi. BYDFi is a decentralized finance platform that offers various financial services, including cashback rewards for using cryptocurrency. With BYDFi, you can earn cashback on your purchases by using their native token and participating in their cashback program. The cashback rewards are paid out in BYD, the native cryptocurrency of BYDFi, and can be used for future purchases or traded on supported exchanges. To participate in the cashback program, you need to hold a certain amount of BYD and meet the program's requirements. Visit the BYDFi website for more information on how to earn cashback on your cryptocurrency purchases.
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