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Revolut Launched A Crypto Card That Allows Customers to Collect Rewards In Dogecoin

Brits may soon be able to buy a pint of milk with Dogecoin (DOGE), thanks to the launch of a crypto card in the UK by fintech startup Revolut.

Revolut Launched A Crypto Card That Allows Customers to Collect Rewards In Dogecoin 3

As the challenger bank Revolut prepares to launch a crypto card in the United Kingdom, citizens will soon be able to use Dogecoin to pay for common products such as a loaf of bread.

Pay with Crypto is a Revolut service that offers consumers a 1% cryptocurrency return for purchases made with any of the almost one hundred accepted tokens. According to the Evening Standard, these tokens include Dogecoin, Bitcoin (BTC), and Ethereum (ETH), among others.

The cashback is given in the same currency as the transaction; for example, if the purchase was made in Dogecoin, 1% of the cashback will be given in DOGE.

Revolut Launched A Crypto Card That Allows Customers to Collect Rewards In Dogecoin 4

Along with the launch, Revolut has developed a series of ‘Learn & Earn’ courses to assist consumers in enhancing their understanding of cryptocurrencies and related subjects, such as blockchains and the most popular tokens and protocols.

Emil Urmanshin, Revolut’s Crypto General Manager, said:

“This year, we not only raised the number of cryptocurrencies available in the Revolut app to close to 100 tokens but also introduced Crypto Learn & Earn education courses enjoyed by millions of our clients.”

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

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.