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Blockchain.com Introduced The Visa Debit Card Available For Unlimited 1% Cashback

Cryptocurrency exchange Blockchain.com has just launched a Visa debit card, which is a cashback product for all spending transactions.

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Specifically, Blockchain.com‘s newly launched product will offer a 1% cashback in crypto for every purchase to encourage the public to use it.

There are no enrollment or yearly fees. The card’s waitlist had 50,000 sign-ups when it launched, according to the business. It will be implemented in other nations beginning in 2023.

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Cuy Sheffield, head of Crypto at Visa, stated:

“At Visa, we believe for crypto adoption to grow, it’s critical for it to be easily accepted everywhere. We’re excited to partner with leading crypto wallets and exchanges like Blockchain.com to unlock more ways consumers can use their crypto for everyday purchases.”

Binance, FTX, Coinbase, and BlockFi have also launched crypto cards recently.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.