 TITLE: What Is a Crypto Rewards Credit Card? CONTENT: How Do Crypto-Earning Credit Cards Work?\n----------------------------------------\nBefore delving too deeply into crypto-earning credit cards, first make sure you understand how cryptocurrency works in general: Cryptocurrencies are digital currencies that can be used to buy goods and services, just like the U.S. dollar and other fiat currencies. Cryptocurrencies can also be traded like other investments. The value of cryptocurrencies tends to be extremely volatile and they are considered to be a speculative asset.\nFor the most part, credit cards that earn crypto rewards function like the traditional rewards credit cards you may be used to. The main difference is that you're earning cryptocurrency instead of cash back, points or miles on your everyday purchases. Crypto-earning credit cards allow you to earn various digital currencies with your everyday spending. Like regular rewards credit cards, the rewards rates can vary by card. Also, the types of currencies you can earn also depend on the card.\nFor example, the SoFi Credit Card is a cash back credit card that offers 2% cash back on all eligible purchases, but it also allows you to redeem your rewards for Bitcoin or Ethereum.\nIn contrast, the Gemini Credit Card, which currently has a waitlist, offers up to 3% back on dining, 2% back on groceries and 1% back on everything else. Cardholders can redeem their rewards for any of the over 30 cryptocurrencies on the Gemini platform. END