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Another thing to keep in mind: Because cryptocurrency is, at its core, a currency, many banks and credit card issuers consider it a cash equivalent. One of the latest developments at the intersection of cryptocurrency and credit cards is a credit card that offers rewards in cryptocurrency. Even on cryptocurrency exchanges that support buying with a credit card, the fees can make it quite expensive. Cardholders of the Venmo Credit Card can opt to automatically purchase cryptocurrency using cash-back rewards earned from their card, with a feature called Cash Back to Crypto. Silver, platinum, grey colors.
