There are many ways you can use crypto assets these days, one of which is to buy things. But did you know that you can also get rewarded just for paying for things using certain apps? Such rewards are called cashback rewards.
It is a great strategy to encourage the adoption of crypto assets for payment, and is becoming increasingly popular. By using cashback reward apps, you get to earn extra crypto just for paying with cryptocurrencies or even fiat currencies, which is a viable source of passive income.
Whenever you make a purchase with a debit card for example, a percentage of the amount you spend is paid back to you in crypto. The more you pay on these cashback apps, the more rewards you’ll get. Sounds interesting? The following are some of the top apps you can use.
LOLLI
This is a browser extension plugin you simply install on your computer and you can start earning rewards from it. It has a wide variety of stores and you can browse to find the ones that offer crypto cash back rewards.
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You can earn up to 10% cashback for purchasing from those online stores supported by LOLLI. Top supported stores include Macy’s, TopShop, Sears, Rag & Bone. Because of its simple design, even a novice can use it easily to shop and earn rewards.
Simply install the browser extension and start earning rewards today with no coding or any technical skills required. However, you’re not allowed to make purchases with Bitcon, only rewards are paid out in Bitcoin so you should keep this in mind.
Earn.com
Earn.com is a common place for earning rewards in cryptocurrencies for using the app to pay on Lyft, UberEats and other platforms. You can also earn crypto on this app by completing simple tasks such as answering questionnaires, participating in studies, or responding to specific emails.
Rewards are paid in Bitcoin, and of course the more tasks you complete, the more you’ll earn. Your rewards are paid into your personal bitcoin wallet for every completed task.
BitcoinRewards
This is an app that allows you to link your crypto wallet and start shopping online. There are many stores available that you can shop in and earn rewards in different cryptocurrencies. Some of the stores sell things like home decor, high fashion, travel, and beauty products.
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How much cashback you earn depends on the store you patronize. You can earn from 1.6% from Game to 16% for Udemy, an online education platform. Rewards are paid directly to your wallet as you earn them.
PEI
This is an automatic cashback rewards app that rewards users in Bitcoin. It is strictly a mobile app, making it possible to use on the go. You can download it directly from the appropriate store and start earning when you shop with crypto.
You get an instant cashback in Bitcoin the moment you complete a purchase using your card. All you have to do is register and link your preferred payment card. You may also decide to receive your rewards in fiat rather than Bitcoin, it’s up to you.
Foldapp
If you find the use of gift cards appealing, this is an app that will work for you. Foldapp offers gift cards for many top stores, including Airbnb, Amazon.com USA, Best Buy, Burger King, Chipotle, Hotels.com, and many others.
You can earn cashback rewards ranging from 2-10% in bitcoin when you shop at any of these stores. You can use Bitcoin to buy directly and also get regards in Bitcoin if that is a great option for you.
Final Thought
You may not be interested in using cryptocurrencies to shop, but you can also use some of these apps to shop with fiat currencies.
The rewards are however paid in crypto, so that you end up with free crypto you did not pay for. If this sounds like a good idea, then you should start using these apps right away.
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