Tweet states purchases register as digital goods allowing rewards on Robinhood memecoin trades.
A post from crypto.news reports traders purchasing memecoins on Robinhood earn credit card points. The account attributes the observation to The Block and notes that the transactions register under a digital goods category rather than as crypto activity. This coding reportedly permits rewards that would not apply to direct crypto purchases. The visible post contains no additional figures on transaction volume or affected cards. It presents the detail as a recent finding without further confirmation from Robinhood or card issuers in the supplied lines.
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Tweet states purchases register as digital goods allowing rewards on Robinhood memecoin trades.
A post from crypto.news reports traders purchasing memecoins on Robinhood earn credit card points. The account attributes the observation to The Block and notes that the transactions register under a digital goods category rather than as crypto activity. This coding reportedly permits rewards that would not apply to direct crypto purchases. The visible post contains no additional figures on transaction volume or affected cards. It presents the detail as a recent finding without further confirmation from Robinhood or card issuers in the supplied lines.
crypto.news@cryptodotnewsJUST IN: Traders are earning credit card points buying memecoins on Robinhood The Block found the purchases were classified as digital goods instead of crypto transactions
crypto.news@cryptodotnewsJUST IN: Traders are earning credit card points buying memecoins on Robinhood The Block found the purchases were classified as digital goods instead of crypto transactions