04-07-2022, 12:40 AM
New Coinbase card rewards?!
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/"> <img src="https://a.thumbs.redditmedia.com/7fHeX2lk1ZDV7FcO5gyjGlG6sZel4a5T-WGB7cFzJN4.jpg" alt="New Coinbase card rewards?!" title="New Coinbase card rewards?!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I happened to noticed some new crypto reward options on my Coinbase app earlier. </p> <ul> <li>1% Bitcoin</li> <li>1% Ethereum</li> <li>1% Dogecoin</li> <li>1% Dai</li> <li>4% Rally</li> <li>4% Amp</li> <li>4% Graph</li> <li>4% Stellar Lumens</li> <li>1% Algorand *New*</li> <li>1% Solana *New*</li> <li>2% BTC *New*</li> </ul> <p>​</p> <p><a href="https://preview.redd.it/xs2scu7l6ur81.jpg?width=2880&format=pjpg&auto=webp&s=3d1863a712565bc60eb060e536b913a2509f1124">https://preview.redd.it/xs2scu7l6ur81.jpg?width=2880&format=pjpg&auto=webp&s=3d1863a712565bc60eb060e536b913a2509f1124</a></p> <p>This intrigued me. It's nice to see ALGO and SOL join the list. But what is going on with the BTC reward? So I can choose between 1% Bitcoin or 2% BTC? That doesn't make any sense. </p> <p>If the 2% BTC is legit, than I think that could potentially beat out the 4% altcoins. Before, it was financially worthwhile to get a 4% altcoin and convert it to Bitcoin or Eth instead of picking the 1% reward. Now, it's a little less clear. Obviously 4>2 still. But when you convert, you either pay a fee or get an unfavorable conversion rate. And also, converting or selling is a taxable event. So since I'm planning on just hodling BTC long term, I would be better off just getting 2% BTC and then I don't have to worry about conversions.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fartmitten"> /u/fartmitten </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/"> <img src="https://a.thumbs.redditmedia.com/7fHeX2lk1ZDV7FcO5gyjGlG6sZel4a5T-WGB7cFzJN4.jpg" alt="New Coinbase card rewards?!" title="New Coinbase card rewards?!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I happened to noticed some new crypto reward options on my Coinbase app earlier. </p> <ul> <li>1% Bitcoin</li> <li>1% Ethereum</li> <li>1% Dogecoin</li> <li>1% Dai</li> <li>4% Rally</li> <li>4% Amp</li> <li>4% Graph</li> <li>4% Stellar Lumens</li> <li>1% Algorand *New*</li> <li>1% Solana *New*</li> <li>2% BTC *New*</li> </ul> <p>​</p> <p><a href="https://preview.redd.it/xs2scu7l6ur81.jpg?width=2880&format=pjpg&auto=webp&s=3d1863a712565bc60eb060e536b913a2509f1124">https://preview.redd.it/xs2scu7l6ur81.jpg?width=2880&format=pjpg&auto=webp&s=3d1863a712565bc60eb060e536b913a2509f1124</a></p> <p>This intrigued me. It's nice to see ALGO and SOL join the list. But what is going on with the BTC reward? So I can choose between 1% Bitcoin or 2% BTC? That doesn't make any sense. </p> <p>If the 2% BTC is legit, than I think that could potentially beat out the 4% altcoins. Before, it was financially worthwhile to get a 4% altcoin and convert it to Bitcoin or Eth instead of picking the 1% reward. Now, it's a little less clear. Obviously 4>2 still. But when you convert, you either pay a fee or get an unfavorable conversion rate. And also, converting or selling is a taxable event. So since I'm planning on just hodling BTC long term, I would be better off just getting 2% BTC and then I don't have to worry about conversions.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fartmitten"> /u/fartmitten </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/txdx8i/new_coinbase_card_rewards/">[comments]</a></span> </td></tr></table>Kind Regards R