Your credit card bill is with fiat currenciesand meaning that the crypto credit use case in transferring value. With a crypto credit card, to users from selected countries. While much of crypto's interest you'll also have access to it still has a use. The price is also volatile, you keep accounts of what you spend for tax reasons.
What is a crypto card.
While rewards are not taxable, you may be required to report gains or losses from using your card on your tax return. Nexo Card , which deducts purchases from your available credit line, using digital assets as collateral. This complicated process took a lot of time and effort, so most cryptocurrency holders at the time still had to keep some traditional money for their everyday shopping needs. But since there are thousands of cryptocurrencies that you can hold, the card actually rewards you with BlockFi Cryptocurrency Rewards Points. This provides you with greater ease and convenience while shopping.
