When you launch the Bitcoin Rewards card, folding and Visa support it, leaving traditional savings losing value. Based on formulas completed after 2020, this card allows users to obtain SAT returns per payment and redefine their BTC purchases.
The card, announced on February 11, combines the usefulness of traditional credit cards and incentives to position BTC as the “definitive savings asset” for Americans. Not points, there’s no money, but with Bitcoin This will be reevaluated over time.
Bitcoin credit cards offer unlimited Bitcoin rewards of up to 2% and a bonus of up to $250, according to a statement issued by Fold.
Fold’s strategy is in contrast to traditional points Cashbackdeals with about 1% of US GDP. “Our goal is to rewrite these rules,” said Will Reeves, founder of Fold, emphasizing that BTC’s compensation triples the value offered in cash.
Bitcoin Rewards card users will enjoy a range of benefits. According to the company, They receive a 1.5% reward in BTC for every cash purchasealong with a welcome bonus of up to $100. Meanwhile, Fold+ members have access to unlimited 2% rewards in digital currency. This is access to premium metal cards with bonus up to $250. It aims to increase your savings and reward experience at a higher level.
The company shows it Using this card, you can passively accumulate Bitcoin without changing your spending habits. That means promoting “borrowed” dollar spending through credit with the idea of ”maximizing your Bitcoin allocation strategy and managing bill payments on a single platform as long as you accumulate SAT.”
The card is available to US legal residents, but the company is asking them to be placed on the waiting list awarded for each lawsuit filed to facilitate delivery. Companies Plans to expand geographical coverage Within this card, they do not have a detailed specific date.
Payment methods can be used “in millions of locations around the world,” in collaboration with the Visa Fast Track Fast Track program, Fold says.
“This card is not only a savings tool, but it is also a great opportunity to introduce people who don’t have cryptocurrency to the Bitcoin world, providing a direct and useful way to get started,” reads the fold statement.
With Cryptonoticia, Visa and Startup focusing on Bitcoin Fold, which was launched in 2020, the debit cards launched together can be returned in BTC every time a user makes a payment.
(tagstotranslate)bitcoin(btc)
