Blockchain.com, a cryptocurrency financial services company, has announced the launch of its Visa debit card.
The Blockchain.com Visa debit card went on sale to US residents on Thursday, October 27, with plans to expand its availability to clients in other nations the following year. On the card’s waiting list for sign-up, 50,000 people have already signed up.
Cardholders can use or spend their cryptocurrency without paying any fees in their Blockchain.com wallet and can also receive 1% back in cryptocurrency everywhere the Visa debit card is accepted in addition to having the chance to earn cryptocurrency rewards.
using Blockchain.com By doing away with sign-ups, card issue, and yearly fees, the Visa card takes advantage of Visa’s payments network and Marqeta’s cutting-edge card issuing technology.
Users of Blockchain.com can spend their cryptocurrency balance and settle transactions in fiat thanks to Marqeta. Each Blockchain.com Visa card will be associated with an authentic Blockchain.com wallet account, allowing users to pay for both real and digital products.
According to Blockchain.com’s CEO and co-founder Peter Smith, “as one of the crypto industry’s oldest and most reliable platforms, we’re pleased to roll out the natural next step to make crypto easy to use in the real world and accessible to as many people as possible.”