Gemini Announces 3% Cashback Bitcoin Credit Card

2021-1-14 19:39

The Winklevoss-owned crypto exchange Gemini has announced a waitlist for rolling out Bitcoin and crypto credit cards in the U.S.

Earn Bitcoin With Gemini Spending Fiat

Gemini is the first major U.S.-based exchange to offer credit cards. The card will earn users 3% cashback in Bitcoin and other cryptocurrencies for every dollar spent.

The exchange has also obtained a “trust charter” from the New York Department of Financial Services (NYDFS) and has partnered with Blockrize, a fintech startup building credit cards with crypto rewards.

Gemini has opened a waitlist for users willing to apply for the card. The new product will be available in all U.S. states and “will be accepted wherever major cards are accepted.”

BlockFi is another leading incumbent in the space which announced the upcoming launch of crypto credit cards in August last year.

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credit card bitcoin cashback announces gemini

Источник: cryptobriefing.com

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Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments.

2018-6-14 23:00


Bank from US Wells Fargo Just Bans Crypto related purchase with Credit Card

San-Francisco-based bank Wells Fargo has declared that it will ban its customers from purchasing cryptocurrency using its credit cards, Fortune reported on June 11. The third largest bank by assets in the US, Wells Fargo said that its customers are now forbidden from purchasing digital currency on their credit cards issued by the financial institution. […]

2018-6-13 11:22


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