Do you need to spend to earn?

[BitHunter]

Just some few years ago, crypto was a fringe niche that people barely noticed but the growth of the community has been really remarkable. Innovations like spending crypto is something I see as long overdue coz the hassle of swapping and P2P can sometimes feel unnecessary... Like all those times the P2P merchant delays the payment and your heart beats just a little faster until the funds get to your account and ready for spending...

Recently I came across a crypto card by BlackCard and it got me thinking of possibilities. The biggest take away for me was it's offering of up to 13% CashBack. While I'm exited with cashbacks like this my skeptism is if you always need to spend before you get benefits? Nevertheless though, are there similar cards like these?

[TomPluz]

I am not familiar with this BlackCard and I am hoping that you can tell us more about it. Actually, I am not using any card when dealing with my cryptocurrency holdings as I really prefer P2P a lot better. Now, understand your concerns as you would like a way to directly use your cryptocurrency without the need to convert it into fiat money yourself and this is BlackCard can handily come in. And for the icing on the cake, there is a cashback program included for all users to enjoy so the more you spend or use the card the more savings you can accumulate. That is a good idea and can be an effective promotional move for people to get more into crypto. I am just hoping that this can be a real deal and will not be another project that can end up defrauding the users instead of working for them. Pleas share us some details here so we can evaluate and decide of the merits of this product.

[Husires]

Spend to earn is the pattern followed by companies to make you invest more money in buying things you do not need and with the increasing value of Bitcoin it is foolish to spend it to get cashback.

[Vx1]

Recently I came across a crypto card by BlackCard and it got me thinking of possibilities. The biggest take away for me was it's offering of up to 13% CashBack. While I'm exited with cashbacks like this my skeptism is if you always need to spend before you get benefits? Nevertheless though, are there similar cards like these?

We have to be more careful if we want to invest in a new crypto project, especially if it offers large profits from our investment in the project.
This cryptocurrency is difficult to predict, the lure of profits of up to 13% is quite large. 
Personally, in Cryptocurrency, I would rather buy coins on an exchange than invest in a project like that.

[Findingnemo]

The name is unfamiliar to me, Bitrefil offered similar kind of cashbacks in the past which is the only legitimate platforms I know in all my years of crypto journey, if you are not affiliated with the platform then be cautious and do your own research.

And users accepting crypto as an actual payments are very minimal that makes there is still room for the crypto adoption to happen.

[jeraldskie11]

If you used P2P from a trusted exchanges such as Binance and Bybit, I think there is no need to worry. It's because they won't immediately get your funds without your confirmation that you already received a payment. If you think that the merchant are delaying the payment, maybe it's because of the late notification. I don't see any reason why merchant delay the payment because you can make an appeal if they made horrible actions.

[Stompix]

Recently I came across a crypto card by BlackCard and it got me thinking of possibilities. The biggest take away for me was it's offering of up to 13% CashBack.

Hmm, is this blackcardcoin(dot)com?
50 days old domain, 40 days old company not licensed for financial services, usual fake office address, and smells like a pump-and-dump coin that will end pretty badly for everyone.
Also, the 13% cashback they advertise is just unrealistic.

[Z-tight]

The biggest take away for me was it's offering of up to 13% CashBack.

Do you believe this, take note that when something is too good to be true, then it is most likely a scam. I haven't used this service before and if you haven't too, then maybe you should not recommend it, and the cashback might just be a way to lure people to lose money.

[SamReomo]

Recently I came across a crypto card by BlackCard and it got me thinking of possibilities. The biggest take away for me was it's offering of up to 13% CashBack.

How did you hear about that BlackCard? I can smell something shady because the domain name isn't old enough and hearing about such new services doesn't make sense to me. I think you're either the owner of that site or you have some kind of affiliation with them.

The cashback of 13% is too high and I believe none of the legit platforms would offer such cashbacks because it's related to crypto and everyone know that huge giants are part of it with 100's of millions of dollars.  So I guess it's most probably a scam attempt.

[Faisal2202]

Recently I came across a crypto card by BlackCard and it got me thinking of possibilities. The biggest take away for me was it's offering of up to 13% CashBack. While I'm exited with cashbacks like this my skeptism is if you always need to spend before you get benefits? Nevertheless though, are there similar cards like these?

Did you use the BlakcCard services? If yes then share the review with us please, but I am not looking to use them as I still prefer to use P2P services due to availability issues, we don't have so many services in our country and TBH P2P trades don't take that much time. If you are smart enough to choose a good seller. Well, only one or two times I have to wait more than 20 minutes, besides I always got my funds in P2P within 5 minutes.

I am amazed sometimes by seeing the speed of the TX, I mean are they always sitting on the phone, how do they manage to react that fast? Well. the point is, necessity is the mother of invention. Curretnly we are not seeing any high level problem of delay payment so that's why we might pass this card thing. But thanks for sharing it with us.

[Captain Corporate]

Honestly those type of cards always feel like a risk to me, because most of them are from places that I do not expect them to do anything. I personally believe that we are not going to end up with anything trustworthy when we do not even know the places of those situations. This is why I believe that we are not going to end up with trusting these places. I am not going to end up with putting all of my money and spending into these type of places, it feels like its going to be basically a risk thats not worth taking in the end.

[MCcabe Rory]

I am not familiar with this BlackCard and I am hoping that you can tell us more about it. Actually, I am not using any card when dealing with my cryptocurrency holdings as I really prefer P2P a lot better. Now, understand your concerns as you would like a way to directly use your cryptocurrency without the need to convert it into fiat money yourself and this is BlackCard can handily come in. And for the icing on the cake, there is a cashback program included for all users to enjoy so the more you spend or use the card the more savings you can accumulate. That is a good idea and can be an effective promotional move for people to get more into crypto. I am just hoping that this can be a real deal and will not be another project that can end up defrauding the users instead of working for them. Pleas share us some details here so we can evaluate and decide of the merits of this product.

Heard about similar concept from crypto dot com a while ago, so it's nothing new. But imo I think this is good for crypto adoption, as OP said it enables limitless spending. Just checked CMC and here's what I could find.
https://coinmarketcap.com/currencies/blackcardcoin/ also noticed it's already trading on some decent platforms

[akeemqaz]

Heard about similar concept from crypto dot com a while ago, so it's nothing new. But imo I think this is good for crypto adoption, as OP said it enables limitless spending. Just checked CMC and here's what I could find.
https://coinmarketcap.com/currencies/blackcardcoin/ also noticed it's already trading on some decent platforms

Yeah, coins with these features definitely seem worth investing in. Apart from the fascinating features like card spending flexibility and staking models you mentioned, the price trend looks promising from the screenshot you sent. I might check it out; it could fit well into my portfolio for the upcoming bull run. By the way, which platform is that?

[LogitechMouse]

Re: Do you need to spend to earn?

Cashbacks has been used by many companies to attract investors to use their services in their transactions.
TBH, 13% cashback is kind of skeptical or if it doesn't then it isn't sustainable for a long time. If this continues, there will be a time soon that this reward system of them will disappear because they can't sustain it anymore.

These types of reward system are being used to attract investors and because of that, the coin will be more popular hence, the demand will increase as well. As for your question, in crypto space, yes, we need to spend to earn. If you want to earn more, you need to invest more. There's no such thing as free money here . All are being used by money.

[hugeblack]

SEO SPAM moved to here 
this topic is paid and the BlackCard service is a scam. At best, a pump and dump scam. You are lucky. Giving negative trust is not easy here, but you must promote your service in a more professional manner and reduce false promises.