Best Crypto Credit Cards

The number of available crypto credit cards is growing, but they don’t all earn rewards the same way.

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Among rewards credit cards, the most common incentives remain cash back, points and miles. But credit cards that earn crypto have been cropping up everywhere.

These products allow you to either earn cryptocurrency directly through your spending or convert rewards into cryptocurrency.

Whether you want to join the crypto bandwagon or just add to your growing stash, earning crypto rewards with credit card spending can be a low-risk way to do that. Here are credit cards with crypto rewards that are currently available or coming soon.

Best crypto credit cards

BlockFi Rewards Visa® Signature Credit Card

Card details

Rewards: 3.5% rewards rate for the first 90 days. After that, 1.5% cash back on purchases, which is then converted into cryptocurrency and held in cardholders’ BlockFi account. Cardholders will earn a 2% rewards rate on spending over $30,000 each year. Cardholders can choose from among about a dozen currencies, including Bitcoin, Ether, Litecoin and multiple stablecoin options. You can change your rewards option once a month.

Sign-up bonus: N/A

Annual fee: $0.

How to earn crypto with the card

The BlockFi Rewards Visa® Signature Credit Card, which debuted in summer 2021, earns crypto as its default rewards option, so it’s seamless. To get approved for the card, you’ll need good or excellent credit (FICO scores of 690 or higher).

Upgrade Bitcoin Rewards Visa® Credit Card

Card details

Rewards: 1.5% back on all purchases in the form of bitcoin.

Sign-up bonus: N/A.

Annual fee: $0.

How to earn crypto with the card

With the Upgrade Bitcoin Rewards Visa® Credit Card, you’ll earn an unlimited 1.5% back in bitcoin, but you won’t receive the rewards until you pay off your purchases on the card. As you make payments on your purchases, bitcoin will be purchased on your behalf and held in a wallet provided by NYDIG, a custody and trading platform. You’ll have to pay a 1.5% transaction fee when you sell your bitcoin, and you’ll receive the proceeds in the form of a statement credit

SoFi Credit Card

Card details

Rewards: 3 SoFi Rewards points per $1 on all purchases for a year when you set up direct deposit with SoFi, then 2 SoFi Rewards points per $1 after that.

Sign-up bonus: Up to $300 if you meet deposit requirements. Terms apply.

Annual fee: $0.

How to earn crypto with the card

The SoFi Credit Card earns 2 points per $1 spent (3 points per $1 for a year if you set up a qualifying direct deposit). You can redeem those points at a value of 1 cent each when you deposit them into an eligible SoFi account, including a SoFi crypto account. Direct statement credit is also an option, but points are worth only 0.5 cent each when redeemed that way. Currently, Bitcoin and Ethereum are the only cryptocurrency redemption options. And as of this writing, crypto redemption isn’t available to residents of Hawaii, Nevada or West Virginia.🤓Nerdy Tip

The SoFi Credit Card was, in effect, the first crypto-earning rewards card to make it to the market. It unveiled crypto as a redemption option in early May 2021.

Brex Card

Card details

Rewards: The Brex Card baseline rate is 1 point per $1 spent. But if you make it your only company card, you’ll earn higher rates through its Exclusive rewards program:

  • 7 points per dollar spent on rideshares and taxis.
  • 4 points per dollar on travel booked through the Brex portal.
  • 3 points per dollar on restaurants.
  • 3 points per dollar on Apple products purchased through the Brex dashboard.
  • 2 points per dollar on recurring software expenses.
  • 1 point per dollar on all other purchases.

Sign-up bonus: Get 10,000 points when you spend $3,000 on a Brex Card within your first 3 months.

Annual fee: $0.

How to earn crypto with the card

The Brex Card, which is targeted toward startups, recently added a new redemption option: As of May 12, 2021, cardholders can redeem their Brex rewards for cryptocurrency; specifically, for Bitcoin and Ethereum. The company calls it the first crypto rewards program for businesses. It’s worth noting the redemption ratio: 100 points earns 70 cents worth of crypto, for a 0.7 cent value per point. The crypto rewards will be exchanged through Coinbase, a cryptocurrency exchange platform. Cardholders can also redeem points for statement credit, gift cards or travel.

Venmo Credit Card

Card details

Rewards:

  • 3% cash back in your top spending category for the month (from one of eight possible categories).
  • 2% back in your second-place spending category for the month (from one of the remaining seven possible categories).
  • 1% back on all other purchases, including any purchase that doesn’t fall into one of the spending categories listed below.

Sign-up bonus: None

Annual fee: $0

How to earn crypto with the card

Cardholders of the Venmo Credit Card can opt to automatically purchase cryptocurrency using cash-back rewards earned from their card, with a feature called Cash Back to Crypto. You can choose from four cryptocurrencies to purchase: bitcoin, ethereum, litecoin or bitcoin cash. Users will then be able to choose to sell or hold their crypto through the Venmo app.

When you opt to enable the auto-purchase feature of the Cash Back to Crypto option, you won’t incur an additional transaction fee. But a cryptocurrency conversion spread will be built into each monthly transaction. That means Venmo will charge a small spread (or margin) between the crypto market price and the current exchange rate. You can change which crypto you want to purchase, and the auto-purchase feature can be turned off at any time.

Gemini Credit Card

Card details

Rewards:

  • 3% back on dining (up to $6,000 in annual spending, then 1% back).
  • 2% back on groceries.
  • 1% back on all other purchases.

Sign-up bonus: None.

Annual fee: $0.

How to earn crypto with the card

Like the BlockFi Bitcoin Rewards card, the Gemini Credit Card earns crypto rewards automatically. The rewards are available in bitcoin as well as more than 50 other cryptocurrencies on Gemini, a cryptocurrency exchange. The card was announced in early 2021 but had a waitlist at the time. Now, applications are open to the public in all 50 states.

Unifimoney Visa Credit Card

Card details

The details on this forthcoming card are still fuzzy. The company hasn’t announced the rewards rate, sign-up bonus or annual fee. Here’s what we do know: It had been expected to launch in the first quarter of 2022 in partnership with U.K.-based Railsbank. Cardholders reportedly will be able earn rewards in bitcoin, gold or equity investments.

The card will be available to Unifimoney customers first; you can sign up on the website.

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Is NFT art a good investment? Understand why people buy digital art

Historically, investing in art was something that only the nobility and the wealthy enjoyed. However, with the emerging market for NFT art or cryptographic art, more and more companies, auction houses, artists, celebrities, collectors and investors are jumping into action, earning considerable returns on investments in crypto-collectibles and other digital assets.

With some pieces being auctioned at traditional auction houses like Christie’s and Sotheby’s, and even other awe-inspiring pieces appearing on the markets with technology poised to completely transform the world of digital art, there is no longer any reason to ask whether NFT or cryptographic art is a good thing. investment. But you need to know how to buy NFT art or crypto art and all the terms related to them. It is required for investment purposes.
NFT stands for non-fungible token. Each NFT has a digital signature that makes it impossible to exchange it for another NFT (therefore non-fungible). An NBA Top Shot clip featuring Lebron James highlights, for example, is not the same as Beeple’s Everydays: The First 5000 Days, simply because they are both NFTs. (In this case, an NBA Top Shot clip is also not necessarily the same as another NBA Top Shot clip.)
Beeple’s digital artwork Ocean Front, which sold for $6 million, is not the same as the first tweet from Twitter CEO and co-founder Jack Dorsey, which recently sold for over $2.9 million. , precisely because each NFT is unique and has different values.
Celebrities like Grimes, Lindsay Lohan and Paris Hilton are jumping on the NFT bandwagon, releasing digital artwork, memories and unique moments as NFTs.
You can compare NFTs to physical collector’s items, but instead of putting a painting or other historic item on the wall, the buyer or art collector just receives a digital file with financial or monetary value.
What is NFT art or cryptographic art?
Just as Decentralized Finance (DeFi) mimics the financial products of banks – loans – NFT art mimics the world of art galleries, stores and museums. No expensive and risky intermediaries.

This is possible with smart contracts (dApps), originally born on Ethereum. This type of programmable blockchain can serve a wide variety of decentralized applications. In other words, NFT marketplaces are dApps that bring the entire NFT economy to life, connecting content creators and artists directly to a buyer or collector. This makes it much easier for both parties to enter the market, thus eliminating the usual barriers to entry.
NFT art market capitalization
It is difficult to estimate the current size of this emerging market due to the way NFTs are structured. By its nature, each NFT part has its own value and its own individual market. However, according to reports by NonFungible.com, an online database of collectibles, metaverses, utilities, art, sports, games, and DeFi, estimated that the global NFTs market was worth over $2 billion during the year. August 2021. in turn, it moved more than US$ 650 million.
Why would anyone buy an NFT?
This is often one of the most frequently asked questions about NFTs: Why would anyone pay for content that, in many cases, can be downloaded? There is a difference between downloading an NFT image and having it on your computer or mobile phone, and having the original supported by NFT technology.
The image or video you downloaded has no monetary or financial value, while the image supported by NFT is an original work of art by an artist. Just as you can go online and download the Mona Lisa image or even buy a Mona Lisa poster, the image and replicas or copies will never be worth anything next to the verified original. You can even download an image thousands of times, but all are irrelevant because you don’t have the NFT linked version that verifies you have the original artwork.

WePlay Collectibles, for example, are for people who want to be a part of Esports events and show they like players and talent in a different way, in addition to merchandising. WePlay Collectibles are part of a platform where you can buy items with NFT technology – both digital and physical. These are rewards and items associated with a specific tournament.
Find more information about the platform and NFTs at WePlayCollectibles.com
Can you make money with NFT?
The answer is yes. Blockchain technology and non-fungible tokens (NFTs) offer digital artists and content creators a unique opportunity to monetize their digital creations and digital products.
What makes NFT art so spectacular is that an artist or content creator creating their art on the blockchain doesn’t need an art gallery, store, or museum. He also doesn’t need an agent or even a large number of social media followers to make money.
The other difference is that the artist can receive compensation, usually between 5 to 10% of royalties when their work is resold in the secondary market, as well as their copyrights are protected.
And finally, as Ethereum is the second largest cryptocurrency, it has a market cap of over $420 billion. Selling a piece of digital art today for 1 ETH (which, at the time of writing, costs around $3,500), could be more valuable over time if 1 ETH rises to $10,000. (Just like buying stocks, for example). NFT art can also be considered a short-term and long-term investment.
Is NFT a good investment?
While collecting NFTs still primarily requires cryptocurrencies, there are many examples where a relatively small investment has the potential for large returns.

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