While there are more and more crypto cards on the market that offer rewards and benefits, Crypto.com is what we love to use the most. Crypto com card benefits FYI: You’re not charged explicit fees when trading cryptocurrencies using the Crypto.com App, but you will be quoted exchanges rates that don’t match up with the real exchange rate (i.e., the going rate for that cryptocurrency on popular exchanges). This varies all the time, but could be between 1-3%. The same thing applies when you top-up your card using cryptocurrencies using the Crypto.com App. Not a great deal.
Credit card crypto com
Crypto.com is an app where you can buy and trade cryptocurrencies. But if you’re not into crypto, it has other practical usage for your finances. Crypto Cards: How Do They Work? The Crypto.com card is an option for cryptocurrency holders looking for simple ways to access and use their digital assets. With this card, New Zealand crypto holders can use their assets to make payments on platforms that accept Visa cards for fast withdrawals and purchases. Plus, it offers up to 5% cashback rewards in addition to other perks.
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Crypto.com is unique when compared to other fintechs such as Revolut in that you can top up your card with crypto. However, I personally do not use crypto.com to sell my crypto to FIAT or to top up my card with crypto. Their app is very convenient to use, but while exchanges like Binance charge you a trading fee of under 0.1% and have very low spreads, Crypto.com does not charge a trading fee, but the spread between buy and sell price is over 1% for most cryptocurrencies. Should Crypto Credit Card Rewards Be Reported As Income? Most crypto cards are offered by CeFi exchanges or lenders in conjunction with major card providers like VISA or Mastercard, making them available for use at millions of vendors worldwide and online.
Cryptocom debit card
CNET reviews credit cards by exhaustively comparing them across set criteria developed for each major category, including cash back, welcome bonus, travel rewards and balance transfer. We take into consideration the typical spending behavior of a range of consumer profiles -- with the understanding that everyone’s financial situation is different -- and the designated function of a card. Crypto.com App Visa has launched the pilot program with payment and crypto platform Crypto.com, and the company said it plans to offer the option to more partners later this year.Home