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5. **Using Apple Pay for Crypto Purchases:** If your credit builder card is linked
to Apple Pay (e.g., Grid), you can use it to purchase cryptocurrency on
Crypto.com, building credit and investing simultaneously.
6. **Cashing Out and Reinvesting Profits:**
- Monitor your crypto investments and cash out profits to your Crypto.com fiat
wallet.
- Transfer profits to your Crypto.com card for spending or reinvesting.
- Connect your Crypto.com Visa card to Apple Pay for convenient spending.
7. **The Crypto Recycle Credit Effect:**
- Use profits from cryptocurrency investments to make purchases through
credit builder apps (e.g., Super.com, Cushion.ai, Cleo ai).
- This process amplifies credit building, as it involves repeated credit-positive
actions.
8. **Reinvesting and Scaling Up:**
- Withdraw profits from Crypto.com to your bank account via ACH transfer.
- Reinvest these funds into credit builder accounts (like Grid, Money Lion, Varo,
Chime) for further investments or purchases.
- This creates a loop of investing, credit building, and reinvesting.
### Benefits
- **Dual Growth:** This method enables the simultaneous increase of both
cryptocurrency investments and credit scores.
- **Leveraging Profits:** By using profits from cryptocurrency investments for
credit building and reinvestment, this method multiplies financial gains.
- **Financial Discipline:** The systematic movement of funds through various
accounts encourages sound financial management and planning.
- **Comprehensive Automation:** The entire process can be automated for a
seamless and efficient financial strategy. This includes:
- Automating deposits from your bank account to Cash App at a set amount and
frequency.