One of the best ways to improve adoption of cryptocurrency is to make it available and easy to use. The advent of crypto rewards programs through credit cards, or crypto-based debit cards, has made this possible. People are able to use their crypto in everyday purchases, and even earn a little crypto while spending fiat. However, these programs are fairly new, and downturns in the market have affected them, as well, with many lowering their rewards to cope with lowered margins. Though this has made them less valuable to customers, they remain a great way to make money for longterm investors.

Even if these rewards programs are not the best they have been, the time is right to earn and stockpile away some coins through cashback programs. You will be earning more coins per dollar of value at these lowered prices, which will mean significant gains when they return to their ATH. No need to DCA, or set aside some money every paycheck. Just keep to your normal spending habits, and let your crypto accrue.

But what do you look for in a crypto rewards program? Reddit user Palove recently discussed the topic and focused on three main types of rewards. He wrote:

CDC and Plutus give examples of expansive reward programs involving cashback and added perks. With perks like subscription rebates (Spotify, Netflix, Prime, etc), tiered cashback percentages, and even private jet offerings, these companies almost gamified spending.

Coinbase and Gemini give straight cashback. No strings attached: spend money, get crypto cashback in your account.

Binance offers straight cashback, however they’ve sweetened the deal with BNB tokenomics.

What are your thoughts?