A cryptocurrency specialist has released a new report on a credit card that rewards holders with Bitcoin instead of cash, showing readers a novel and simple way to earn the digital currency.
Post Falls, United States - June 15, 2021 /PressCable/ —
Get Some Bitcoin Now, a cryptocurrency insights provider, has released a new report covering the revenue opportunities presented by BlockFi’s Bitcoin Rewards Credit Card.
More information is available at https://getsomebitcoinnow.com
The newly launched resource offers readers an introduction to the features of the credit card and how it can be used to acquire Bitcoins passively. It also reveals how prospective cardholders can join the program’s waitlist, so that they get approved sooner.
The report covers a number of features, starting with the 1.5% reward in Bitcoins the card pays back for every purchase made through it. In addition, the card returns 3.5% on all purchases in the first three months and another 2% for annual expenditures over $50,000.
Moreover, Bitcoins earned through these purchases can generate additional interest through BlockFi’s platform, which has an annual percentage yield of up to 8.6% on cryptocurrency deposits.
“Decentralized crypto financing has opened the door to being able to earn income on more than just Bitcoin,” the report stated. “You can earn dividends on your Ethereum, Chainlink, and Litecoin deposits.”
BlockFi also allows account holders to borrow money against their assets at rates as low as 4.5%. This option is ideal for those who need cash but are not keen on selling their coins.
Furthermore, the report touches upon how to take advantage of these rates by purchasing additional currencies from Coinbase. This section provides a quick guide on setting up a Coinbase account and how to fund it using one’s bank account.
The section also goes over how to properly link the cryptocurrency wallet provided by BlockFi with Coinbase to ensure that the purchased coins are deposited automatically.
Get Some Bitcoin Now stated that this new material is written for those looking for a way to earn interest that is higher than what banks are currently offering.
“There are obviously no guarantees. However, the increased interest by institutions and governments around the world is good for Bitcoin’s market cap,” it said.
To access the entire report, interested readers are encouraged to visit https://getsomebitcoinnow.com
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
Contact Info:
Name: Jake
Email: Send Email
Organization: Get Some Bitcoin Now
Address: 2600 E Seltice Way, Post Falls, ID 83854, United States
Website: https://getsomebitcoinnow.com/
Source: PressCable
Release ID: 89027953
