Is surcharge worth it?

One such platform that caters to the ever-evolving cryptocurrency market is BTCC, a top cryptocurrency exchange. BTCC offers a wide range of services to cater to the diverse needs of its users.

The concept of earning cash back on credit card purchases is often enticing, but it's crucial to understand the full financial picture. For instance, when a credit card offers a flat rate of 1.5% cash back, it seems like a straightforward benefit.

Among its services, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices. Additionally, it offers futures trading, which enables traders to speculate on the future price movements of cryptocurrencies. BTCC also offers a secure wallet service, ensuring the safety and accessibility of users' digital assets.

However, if the merchant decides to impose a 2% surcharge on transactions made with credit cards, the initial allure of cash back can diminish rapidly. In this scenario, the customer ends up paying more in surcharges than they receive in cash back, making the deal unprofitable.

On the other hand, credit card promotions that offer sign-up bonuses or rewards in the 3% to 5% range can potentially outweigh the cost of surcharges. These types of rewards programs can be highly lucrative for consumers who utilize them strategically.