If you’re diving into crypto and wondering how to buy Avalanche crypto, cashback and reward programs can make it even more rewarding. Platforms like Crypto.com or Binance let you buy Avalanche and earn cashback on purchases. Services like Kyrrex also offer crypto rewards, helping you grow your portfolio while you shop.
What Are Crypto Cashback and Reward Programs?
Crypto cashback and reward programs work like traditional cashback schemes but with a digital twist. Instead of earning points or fiat currency, you receive cryptocurrency—typically Bitcoin or other popular coins—when making purchases through participating platforms or using specific cards.
These programs are often tied to crypto-friendly credit or debit cards, online retailers, or browser extensions that track your purchases. Unlike standard rewards that might lose value over time, crypto rewards have the potential to appreciate, offering both immediate savings and long-term growth.
Popular Platforms Offering Crypto Cashback on Purchases
A number of platforms have now made crypto rewards available to the everyday user. Crypto.com stands out here, offering as high as 5% cashback in CRO tokens with its Visa card. Fold offers Bitcoin rewards on purchases through their prepaid card and goes as far as offering a gamified experience where users can spin a wheel for extra stats-the smallest unit of Bitcoin.
Lolli is a browser extension that rewards users with Bitcoin cashback for shopping at partnered retailers like Walmart and Sephora. BlockFi offers a credit card, which gives back 1.5% in Bitcoin on every purchase. Both have different priorities, ranging from no annual fees to merchant-specific deals.
Key Benefits of Using Crypto Reward Programs
The big draw on crypto rewards is the potential to scale in value. Unlike regular cashback, which is mostly static, cryptocurrencies have the capacity to grow over time and can eventually make small rewards sizable investments. This encourages financial decentralization, the ability to earn and retain assets outside the traditional banking system.
Key Benefits of Crypto Rewards:
- Growth Potential: Unlike fiat cashback, crypto can increase in value over time.
- Financial Decentralization: Earn and store value independent of traditional banks.
- Global Access: Spend rewards anywhere in the world, globally, whether on trips or even online.
- Getting Integrated into the Digital Economy: Easily join into the shifting modern world of digital finance.
- Multi-utility of Rewards: Easily convert rewards to other cryptocurrencies to hold for investments or spend them directly.
Crypto cashback and reward programs offer more than just savings but an entry to the growing digital economy. This allows you to get crypto for everyday purchases with a potential opportunity for your rewards to grow. For beginners to pros in cryptocurrency, this has made it seamless to fit this asset class into everyday life with added benefits financially.
